Sweden home to 125 billionaires

Sweden is now home to 125 billionaires, compared to only 50 ten years ago, according to Veckans Affärer magazine. Number one on the list of those worth over a billion kronor is the founder of IKEA, Ingvar Kamprad, with a fortune of 461 billion kronor.

According to Forbes, Kamprad is is the fourth richest person on the planet. His fortune increased by 81 billion just the past year. The next richest Swede is founder of Tetra Pak, Hans Rausing, with a fortune of 87 billion kronor.

Sweden gained 32 new billionaires in the past year. One of the newcomers this year was Niklas Zennström, who sold his share of internet telephony company Skype to Ebay.

Other names on the list are Hennes & Mauritz’s Stefan Persson with 68 billion, Kirsten Rausing, heiress of Tetra Pak with 44 billion, and Christina Stenbeck, who inherited part of her entrepreneur father Jan Stenbeck’s fortune after his death in 2002.