A Swedish American entrepreneur, Cristina Stenbeck has a net worth of $525 million.
Investment AB Kinnevik, one of Sweden’s biggest family-owned companies, was owned by her and she ascended to financial success.
The investment company, which has been operating successfully since 1936, has her as its chairman.
On September 27, 1977, Cristina Mayville Stenbeck was born in New York, USA, and she is the granddaughter of Hugo Stenbeck, who is also the co-founder of her current company.
After her father, who was the chair, passed away from a heart attack in 2002, Cristina assumed control of the business.
In 2000, Cristina graduated from Georgetown University in Washington, D.C. with a Bachelor’s degree in Science.
In 1997, she joined a subsidiary of Investment AB Kinnevick, marking the start of her business career.
In 2003, she became the leader of the company and has since undergone significant changes, such as simplifying the structure, consolidating ownership, and increasing transparency.
Investment AB Kinnevik’s operations in over 80 countries are a result of her vision for expansion.
The estimated net assets of Kinnevick are SEK 200 billion.
The “Reach for Change” foundation, led by Cristina, is a charitable organization that advocates for entrepreneurship in Africa, Scandinavia, Russia, and CIS.
The Swedish Royal Patriotic Society business award was given to her in 2012 for her exceptional service as a business woman.
Since September 2005, Cristina has been married to Alexander Fitzgibbons, an English businessman.
Currently, they reside in London with their three daughters.