Tom Persson, a Swedish-born entrepreneur and movie producer, has a net worth of $3.1 billion.
Hennes & Mauritz or H&M is the family’s fashion company, and Tom Persson is the youngest member of the family that has made a fortune from it.
In 1947, his grandfather Erling Persson established the company.
Stefan Persson, the most affluent son in Sweden, and Tom Persson, who is a graduate of the Met Film School in London and works as a movie producer in Stockholm, Sweden.
Karl-Johan Persson, his brother, holds the positions of CEO and President at H&M.
Karl-Johan, Charlotte Soderstrom, and his aunt Lottie Tham are among the billionaires.