• Sweden's news in English

List of Swedish billionaires gets longer

13 Dec 2012, 16:22

Published: 13 Dec 2012 16:22 GMT+01:00

Facebook Twitter Google+ reddit

There was no change at the top of Swedish business magazine Veckans Affärer's list of Swedes with a wealth of at least 1 billion kronor ($150 million).

Kamprad, the 86-year-old father of flat-pack furniture came in at number one with a fortune of 500 billion kronor.

The Ikea founder's wealth dwarfed that of the second person on the list, former H&M CEO, Stefan Persson, who had an estimated wealth of a mere 175 billion kronor.

Antonia Johnson was number three on the list with a personal wealth of 48 billion kronor.

She heads the Axel Johnsson Group, which has interests in everything from energy to telecom and real estate.


Kamprad's wealth makes him the fifth richest person in the world, according to the Bloomberg Billionaires Index.

Compared to last year, there are 11 more Swedish billionaires on Veckans Affärer's list, the majority of whom have a wealth below 3 billion kronor.

Story continues below…

Altogether, the 119 Swedish billionaires have a combined wealth of 1.3 trillion kronor, which corresponds to roughly 40 percent of Sweden's gross domestic product (GDP).

Eric Johansson


Related links:

Facebook Twitter Google+ reddit

Your comments about this article

19:04 December 13, 2012 by isenhand
and the rich get richer and the poor get poorer but it will all end in tears as it has done before!
19:59 December 13, 2012 by Hisingen
No matter how many billions you have got, you can't take them with you! Neither can they guarantee good health.

Besides which - as the auctioneers will tell you, it is only money :-))
01:34 December 14, 2012 by Eric1
Poverty and misery have both increased rapidly under President Obama. He is destroying Americans' wealth faster than Mugabe did in Zimbabwe. Forward Comrades, blissfully into economic disaster.
16:26 December 14, 2012 by isenhand

To be fair to Obama, it's not exactly him. He's just following on form a whole series of presidents who have followed much the same ideology, which has its roots back in the 1950.

The ideology pops up in things like the "free market" and in the military as the famous "body count" in the Vietnam war. It was implement in Russia after the soviet union collapsed and in the UK in the 1980s and 1990s. Now, the Swedish government is trying the same.

The interesting things with this is these ideas failed empirical testing the 1950 and they have failed every time it has been implemented. It will fail again here in Sweden.

People are that stupid!
17:10 December 17, 2012 by chongq
500 billion kronor is around 75 billion us dollars. He should be the richest guy in the world. Is that correct?
10:29 January 9, 2013 by rise
1 billion in English equals to 1 miljard in Swedish. 1 biljon in Swedish is the same as 1000 miljarder in Swedish. So the English' 500 billion kr = the Swedish' 0.5 biljon (500 miljarder) kr. Often translations tends to fail at this point.

Today's headlines
Meet Sweden's lonely Donald Trump voter
A Donald Trump campaign button. Photo: Rogelio V Solis/AP

The Local talks to an American Donald Trump supporter on what it is like living in progressive stronghold Sweden.

Forgotten Ingmar Bergman script to be made into a film
It's thought the script was part of an ill-fated collaboration between Bergman (left) and Federico Fellini (right). Photo: AP

Written in 1969, the script is 'up to the standard of his best', according to the Ingmar Bergman Foundation.

Sweden's consumption footprint 'among the worst'
Trucks transporting goods on a Swedish highway. Photo: Fredrik Sandberg/TT

Sweden has been criticized for its unsustainable consumption of the planet's resources in the latest edition of a major WWF study.

Video: How to be Joel Kinnaman for a day
Kinnaman with one of the camera rigs that will allow people inside his head. Photo: Tele2

The Swedish Hollywood actor will strap a camera to his head, stream it live and allow viewers to interact with him this weekend.

Presented by Invest Stockholm
How Stockholm's cold climate boosts creativity
Photo: Ola Ericson/imagebank.sweden.se

Do long, dark winters actually make Swedes more creative and more productive? We spoke to Stockholm startups to find out.

Sweden to keep record-low interest rate in 2017
Sweden's landmark negative interest rate will continue towards 2018. Photo: Anders Wiklund/TT

The Swedish central bank said that it will take longer than expected to reach its inflation target.

Presented by Stockholm University
9 unexpected programmes at Stockholm University
Photo: Niklas Björling

Did you know Stockholm University offers 75 master's programmes taught in English? And some of them are programmes you won't find anywhere else...

Creepy clown messes with the wrong dog walker in Sweden
Not the clown in the story. Photo: Pontus Lundahl/TT

A dog helped its owner fight off a creepy clown chasing the pair in southern Sweden.

A million Swedes are digitally excluded: report
How should Sweden bridge the digital divide? Photo: Henrik Montgomery/TT

Tech-savvy Swedes? Perhaps not. A new study suggests that at least a million of its residents feel the pain of the digital divide.

Malmö's 19th Swedish title sets Champions hopes alight
Malmö fans celebrating after the match. Photo: Björn Lindgren/TT

Malmö FF have their eyes set on the Champions League after winning the Swedish league for the 19th time.

Sponsored Article
One expat's strategy for making friends in Stockholm
People-watching: October 26th
Sponsored Article
Nordic fashion in focus at Stockholm University
Sweden cuts 2016 refugee forecast
Is Game of Thrones coming to Sweden?
Blog updates

6 October

10 useful hjälpverb (The Swedish Teacher) »

"Hej! I think the so-called “hjalpverb” (auxiliary verbs in English) are a good way to get…" READ »


8 July

Editor’s blog, July 8th (The Local Sweden) »

"Hej readers, It has, as always, been a bizarre, serious and hilarious week in Sweden. You…" READ »

Sponsored Article
Stockholm: creating solutions to global challenges
Property of the week: Kungsholmen, Stockholm
Sponsored Article
Last chance to vote absentee in the US elections
Will Swedes soon be looking for fairtrade porn?
The Local Voices
'I simply don’t believe in nationality'
Why we're convinced Game of Thrones is based on Sweden
Sponsored Article
This is Malmö: Football capital of Sweden
People-watching: October 21st-23rd
Sponsored Article
Where is the Swedish music industry heading?
Fury at plans that 'threaten the IB's survival' in Sweden
Analysis & Opinion
Are we just going to let half the country die?
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
Angry elk chases Swede up a lamp post
Sponsored Article
Swedish for programmers: 'It changed my life'
The Local Voices
'Alienation in Sweden feels better: I find myself a stranger among scores of aliens'
People-watching: October 20th
Sponsored Article
Top 7 tips to help you learn Swedish
The Local Voices
A layover at Qatar airport brought this Swedish-Kenyan couple together - now they're heading for marriage
Sponsored Article
‘Extremism can't be defeated on the battlefield alone’
Swede punches clown that scared his grandmother
Sponsored Article
Stockholm: creating solutions to global challenges
Fans throw flares and enter pitch in Swedish football riot
Sponsored Article
Why you should 'grab a chair' on Stockholm's tech scene
Could Swedish blood test solve 'Making a Murderer'?
Sponsored Article
Where is the Swedish music industry heading?
Swedish school to build gender neutral changing room
Sponsored Article
One expat's strategy for making friends in Stockholm
People-watching: October 14th-16th
Sponsored Article
Nordic fashion in focus at Stockholm University
Man in Sweden assaulted by clowns with broken bottle
Nobel Prize 2016: Literature
Watch the man who discovered Bob Dylan react to his Nobel Prize win
Record numbers emigrating from Sweden
People-watching: October 12th
The Local Voices
'Swedish startups should embrace newcomers' talents - there's nothing to fear'
How far right are the Sweden Democrats?
The Local Voices
Syria's White Helmets: The Nobel Peace Prize would have meant a lot, but pulling a child from rubble is the greatest reward
jobs available