Lottie Tham Biography & Net Worth
|Popular Name:||Lottie Tham|
|Real Name:||Helga Liselott “Lottie” Tham|
|Birth Date:||April 18, 1949|
|Profession:||Businesswoman, , Heiress, Investor, Entrepreneur|
|Net Worth:||$4 Billion|
Lottie Tham is a Swedish heiress, and successful businesswoman and investor. She is an owner of over 5 percent of the popular clothing retail chain H&M. She is married to a financier and financial journalist, and has two grownup children who are also part of her family’s business.
Early Life: Childhood, Family
She was born Helga Liselott “Lottie” Tham on 18 April 1949.
Lottie is the daughter of Erling Persson, the brain that founded H&M. She completed her education in Sweden where she also started her career.
Professional Life: Business Career
Lottie Tham is best known to be an investor and entrepreneur. She is an heiress to her family’s multi-billion-dollar fashion retail chain H&M.
According to our findings, she is the second-largest shareowner of the H&M Company and holds around 5.32 percent of the shares. Her elder brother, Stefan Persson, owns 37.69 percent of the company’s shares.
About the Company
H&M is a Swedish international clothing retail company known for its fast-fashion clothing for all classes of people; men, women, teenagers, and children. As of September 2021, H&M operates in 70+ countries with more than 6,000 stores running under the various company brands, with about 130,000 full-time equivalent positions. It is the second-largest clothing retailer in the world, behind Spain-based Inditex (holding company of Zara).
H&M was established by Swedish businessman Erling Persson and is currently run by his son Stefan Persson and Swedish business executive Helena Helmersson. The company makes its e-commerce shopping available in 33 countries across the globe.
Personal Life: Family, Children
She is a happily married woman. She married to Swedish financier and financial journalist Pieter Tham. They’re the parents of two sons, with whom they live with in Stockholm, Sweden.
Lottie Tham net worth: Income Sources, Earnings, Assets
The Swedish businesswoman and heiress was listed by Forbes in May 2020 to own a net worth of $2.1 billion. In just over one year, Lottie Tham’s net worth has nearly doubled. Impressively, her total fortune is pegged at the $4 billion mark.
The 72-year-old billionaire businesswoman was born and raised in Stockholm, Sweden, where she still resides to date with her family. She owns more than 5 percent of the H&M fashion retail chain that was founded by her father Erling Persson. She is the second-largest shareholder in the company, following her brother Stefan Persson who holds almost 38 percent.