Fredrik Lundberg, a Swedish entrepreneur, has a net worth of $3.6 billion.
Fredrik Lundberg became a significant shareholder, president, and CEO of L E Lundbergföröretagen AB, an investment company established by his father Lars in 1944 as a construction company.
During its 60-year existence, the company has evolved from a construction firm to an investment firm, with investments in various fields.
Fredrik Lundberg, a graduate of the Stockholm School of Economics, was born in Norrköping, Sweden on August 5, 1951, and later became a part of his father’s business enterprise.
He became the leader of L.E. in 1981.
He was entrusted with a controlling stake in Lundbergforetagen AB by his father. Since then, Fredrik has been instrumental in the growth of his diversified holding company, which now has almost $6.6 billion in assets.
When the time was appropriate, he allowed his two daughters, Louise and Katarina, to join the business.
They are now both board members and own almost half a billion dollars worth of shares in the company.
Carl Bennet, a billionaire, is also a member of the company’s board of directors.
Fredrik Lundberg, a former junior curling world champion, is not only the ninth wealthiest individual in Sweden but also has a passion for hunting.