Overview:
Erik Selin is a Swedish real estate developer and billionaire with a net worth of approximately $1.6 billion USD. He is the founder and CEO of Balder, a prominent real estate company in Scandinavia that builds and manages properties across Europe. Under Selin’s leadership, the company has become one of the largest property owners in Sweden, with a portfolio that includes residential, commercial, and industrial properties in several countries.
Early Life and Education:
Erik Selin was born on April 1, 1970, in Helsingborg, Sweden. He grew up in a middle-class family and showed an early interest in business and entrepreneurship. Selin attended Lund University, where he earned a degree in economics and business administration. During his time at university, he also gained valuable experience working as a financial consultant for several companies.
Career and Achievements:
After graduating from Lund University, Erik Selin began his career as a financial advisor, helping clients with investments and financial planning. In 1996, he founded his own real estate company, Balder, focusing on residential properties. The company quickly grew, and over the years, Selin expanded its portfolio to include commercial and industrial properties as well.
Today, Erik Selin is the CEO and largest shareholder of Balder, which has a market capitalization of around SEK 144 billion (approximately $16.8 billion USD) as of 2021. Under Selin’s leadership, the company has continued to expand its operations across Europe, with a significant presence in Sweden, Germany, and Denmark. Balder’s portfolio includes over 1,650 residential properties, 1,500 commercial properties, and 600 industrial properties.
In addition to his role at Balder, Erik Selin serves on the boards of several other companies, including Freeport Cobalt AB and AcadeMedia AB. He also engages in philanthropy, supporting several charitable causes through the Erik Selin Foundation.
Personal Life:
Erik Selin is married and has two children. He is known for his low profile and prefers to keep his personal life out of the public eye. In his free time, Selin enjoys skiing, golfing, and traveling.
Profile:
Name: | Erik Selin |
---|---|
Born: | April 1, 1970 |
Country: | Sweden |
Sector: | Real Estate |
Companies: | Balder, Freeport Cobalt AB, AcadeMedia AB |
Net Worth: | $1.6 billion USD |
Forbes URL: | https://www.forbes.com/profile/erik-selin/ |