Billionaire Profile
Antti Herlin
Global Rank
#819

Image: Public domain | via Wikimedia Commons

Antti Herlin

CEO, KONE Corporation
FI
Real-Time Net Worth
$4.1B
As of December 2025
Age
69
Source
Elevators, escalators
Industry
manufacturing
Citizenship
FI

Biography

Antti Herlin, born on November 14, 1956, is a Finnish billionaire and the chairman of KONE Corporation, the world's third-largest elevator and escalator manufacturer. With an estimated net worth of $4.1 billion as of January 2025, he is the wealthiest person in Finland. His wealth stems primarily from his family's controlling stake in KONE, a company his great-grandfather acquired in 1924. Herlin served as KONE's CEO from 1996 to 2006 and has been the chairman since 2003. His career highlights include expanding KONE's global operations through acquisitions and alliances. He also holds shares in Sanoma Oyj, a Finnish media company, and is involved in agriculture, owning a farm where he raises cattle.

Wealth Over Time

In-Depth Profile

Early Life

Antti Juhani Herlin was born on November 14, 1956, in Kirkkonummi, Finland. He comes from the Herlin family, which has controlled KONE Corporation since 1924. His father, Pekka Herlin, served as chairman of KONE, and his great-grandfather, Harald Herlin, originally invested in the company. Antti Herlin graduated from Helsingin Suomalainen Yhteiskoulu (SYK) in 1976. He studied agriculture at Iowa State University in the United States.

Rise to Success

Antti Herlin joined KONE's leadership in 1996 as the CEO and deputy chairman of the board. During his tenure as CEO from 1996 to 2006, he expanded the company through acquisitions and alliances. In 2003, he succeeded his father, Pekka Herlin, as chairman. Under his leadership, KONE has grown into a multinational enterprise with operations in over 60 countries. He has held the position of Finland's richest person.

Key Business Strategies

Herlin's key business strategies involved expanding KONE's operations through acquisitions, technological advancements, and alliances. He has focused on sustainable people flow solutions. During his time as CEO, he played a pivotal role in expanding the elevator company's operations. Herlin has been an advocate for education and environmental sustainability.

Philanthropy

Antti Herlin is actively involved in philanthropy. In 2014, he established the Tiina and Antti Herlin Foundation to support social welfare, culture, the environment, and science. The foundation focuses on environmental projects. The TAH foundation granted approximately eight and a half million euros for environmental projects aimed at global emission reductions in the steel industry in fiscal year 2024-2025.

Career Milestones

1996

CEO of KONE

Served as the CEO of KONE Corporation, expanding the company's operations through acquisitions and alliances

2003

Chairman of KONE

Assumed the chairmanship of KONE Corporation, continuing to influence its strategic direction

2013

Chairman of Sanoma Oyj

Became the chairman of Sanoma Oyj, a Finnish media company

Philanthropy & Social Impact

Environmental

Tiina and Antti Herlin Foundation

$8.5M

Supports social welfare, culture, the environment, and science, with grants directed towards projects aimed at global emission reductions in the steel industry