· in an interview last year with bloomberg, h & m chairman karl-johan persson — grandson of the founder — dismissed talk that the family intended to take the company private. [1] on the forbes 2019 list of the worlds billionaires, he was ranked #1300 with a net worth of us$ 1. 9 billion. Who are the persson family? Tom persson is a swedish businessman and billionaire. Tom’ s major source of wealth comes from hennes & mauritz ( h & m ), the fashion company of which he is an heir. According to forbes, tom is the 603rd richest billionaire in the world and the 15th richest man in sweden. He is the youngest of three children of stefan persson , the companys longtime leader and richest person in sweden, and the grandson of the companys founder, erling persson. · the persson family and its related companies owned more than 64% of h & m s shares at the end of may, according to the companys website. · three h & m heirs try on the family fortune. His wealth primarily stems from his inheritance of the h & m fortune, a company founded by his grandfather, erling persson, in 1947. The persson family, through their private holding company, retains a controlling stake in the publicly traded h & m. Tom persson is #2110 on forbes 2025 billionaires list. He is an heir of the fashion company hennes & mauritz ( h & m ), which was founded by his grandfather erling persson in 1947. What is tom persson net worth? Will the persson family take h&m private? · tom persson ’ s net worth is estimated at $3. 1 billion as of 2024.