Are there any billionaires in Sweden?

This is a list of countries by their number of billionaire residents, based on annual assessments of the net worth in United States Dollars of wealthy individuals worldwide.

Forbes.
Rank 16
Country/Territory Sweden
Number of billionaires 41
Number of billionaires per million people 2.987

Does Sweden have millionaires?

This is a list of Swedish billionaires based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2019.

2019 Swedish billionaires list.
World rank 103
Name Stefan Persson
Citizenship Sweden
Net worth (USD) 19 billion
Source of wealth H&M

Which country has the most millionaires 2020?

Switzerland was the country with the highest rate of millionaires worldwide in 2020, with almost 15 percent of the adult population owning assets worth more than one million U.S. dollars.

How many billionaires do Sweden have?

But one country stands out on the list: Sweden (No. 12, 14 billionaires, population 9.56 million). No single Swede comes close to the epic wealth of a Bill Gates or a Warren Buffett.

Why is Sweden so rich?

Sweden only started to really accumulate wealth as it started to industrialise sometime in the mid-19th century. … Through luck and well-placed geography, Sweden had the kind of natural resources (iron ore and wood) needed when countries like Britain and Germany industrialised.

Why are there so many billionaires in Sweden?

After WW2 didn’t suffer from a destroyed infrastructure as the other nordic countries. Sweden had a high degree of educated engineers that could export their products internationally to a world that was in need of them. This created post-war billionaires.

Who is the wealthiest family in Sweden?

REAL TIME NET WORTH

Stefan Persson is Sweden’s richest person by way of global cheap chic fashion retailer Hennes & Mauritz, of which he owns 36%. Persson stepped down as chairman in May 2020 after 22 years in the role; his son Karl-Johan succeeded him. H&M was founded by Persson’s father Erling in 1947.

Where do the rich live in Sweden?

List of municipalities of Sweden by wealth
# Municipality Average net wealth (‘000 SEK)
1 Danderyd Municipality 3,447
2 Lidingö Municipality 1,894
3 Täby Municipality 1,352
4 Vellinge Municipality 1,343

Is Sweden a poor country?

Sweden, a Nordic country in Northern Europe known for its progressive politics, is home to a population of 10.3 million. … Although Sweden is a relatively wealthy country, 16.2% of its people are at risk of falling into poverty.

Can you be rich in Sweden?

The land of ABBA and Ikea has high wealth inequality

AS IS PERHAPS appropriate for the country which produced the song “Money, Money, Money”, Sweden has one billionaire for every 250,000 people, one of the highest rates in the world. … Yet among ordinary Swedes, billionaires are surprisingly popular.

Has Sweden got a royal family?

Beyond constitutional and ceremonial duties, Sweden’s royal family are devoted to various good causes. The main members of the royal family are King Carl XVI Gustaf, Queen Silvia and their children with families.

How big is Sweden’s economy?

$612 billion
$612 billion (nominal, 2021 est.) $583 billion (PPP, 2021 est.)

Is Sweden richer than America?

A study from the London‐​based Institute for Economic Affairs has found that Swedes in America earn significantly more money than Swedes in Sweden. … This is also far above Swedish GDP per capita, at $36,600.

Why do Swedes not talk about wealth?

You don’t ask about salaries, you don’t ask about money.” Many cultural commentators agree that a large part of the taboo can be explained by a deep-rooted Nordic code called Jantelagen, which promotes the idea of never thinking you are better than anyone else and calling out those who break this norm.

Is Sweden a richest country?

GDP per capita adjusted for relative purchasing power gives us an idea, albeit an imperfect one. Luxembourg on the left is the world’s richest country and Burundi on the right is the poorest.

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Rank Country GDP-PPP ($)
16 Austria 59,406
17 Iceland 59,268
18 Germany 58,150
19 Sweden 57,425
Nov 30, 2021

Is UK richer than Sweden?

Sweden has a GDP per capita of $51,200 as of 2017, while in United Kingdom, the GDP per capita is $44,300 as of 2017.

Why is Sweden better than the US?

Sweden has been named one of the most sustainable countries in the world thanks to the way they promote personal health, as well as care for the environment. The nation leads in recycling and purchase of organic foods by its citizens, and the government announced an ambitious plan to be completely oil-free by 2020.

Does Sweden believe in God?

Less than a quarter of Sweden’s population believe in God, but almost two-thirds of its population are members of the evangelical Lutheran Church of Sweden. … The city of Uppsala is also home to the headquarters of the Church of Sweden (CoS), an Evangelical Lutheran church with approximately 5,8 million members.