Billionaire of the day

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Elder Lister
Carl Stefan Erling Persson (born 4 October 1947) is a Swedish billionaire businessman.

Persson was the chairman of fashion company H&M until May 2020, when he was succeeded by his son.

He remains the company's largest shareholder, owning a 36% stake.

The company was founded by his father Erling Persson in 1947.

Persson's net worth is $20.8 billion making him the 89th richest person in the world.
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