Billionaire Lottie Tham and Family

Overview

Lottie Tham is a billionaire and the co-founder of the fashion brand, H&M. She is also the mother of Stefan Persson, who is the chairman of H&M. Tham inherited a significant portion of the company’s shares from her husband, Erling Persson, who founded the company in 1947.

Early Life and Education

Lottie Tham was born in 1929 in Sweden. She met Erling Persson while studying at Stockholm University in the early 1950s. The couple got married in 1954 and had three children together.

Career and Achievements

After getting married, Tham became heavily involved in H&M’s operations. She helped with the company’s financial management and played a key role in ensuring H&M’s success during its early years.

Tham’s biggest achievement with H&M was becoming a billionaire. Her net worth is estimated to be $3.1 billion as of 2021, according to Forbes.

Personal Life

Tham was married to Erling Persson until his death in 2002. She has three children, including Stefan Persson, who is the current chairman of H&M. Tham continues to hold a significant portion of H&M’s shares and is one of the wealthiest people in Sweden.

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