Billionaire Profile
Antti Herlin
Global Rank
#952

Image: Soppakanuuna | CC BY-SA 3.0 | via Wikimedia Commons

Antti Herlin

CEO, Elevators
FINLAND
Real-Time Net Worth
$4.412B
Estimated based on Elevators stock value as of March 6, 2026
-2.51% (24h)
Age
69
Source
Elevators, escalators
Industry
Manufacturing
Citizenship
FINLAND

Biography

Antti Herlin is a prominent Finnish businessman and the Chairman of the Board of KONE Corporation, a global leader in the elevator and escalator industry. With a net worth of $4.4 billion, he is the richest person in Finland. Herlin's wealth stems from his family's long-standing involvement with KONE, a company founded by his great-grandfather in 1924. He served as the CEO of KONE from 1996 to 2006. Throughout his career, Herlin has been recognized for his business acumen and leadership, as well as for his commitment to ethical practices and sustainability. He is also known for his philanthropy, particularly through the Tiina and Antti Herlin Foundation, which supports initiatives in education, healthcare, and environmental conservation.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Antti Juhani Herlin was born on November 14, 1956, in Kirkkonummi, Finland. He is the son of Pekka Herlin, who was the former chairman of KONE Corporation. Antti comes from a prominent Finnish family with a long-standing association with KONE, a company his great-grandfather initially invested in. Herlin spent his early years in Finland and received his education there before attending the National Technical University of Athens and Iowa State University.

Rise to Success

Antti Herlin's career is closely intertwined with KONE Corporation, a global leader in the elevator and escalator industry. He served as CEO from 1996 to 2006, during which time he expanded the company's operations through acquisitions and technological advancements. His leadership led KONE to become a global player in the industry. Under his leadership, KONE products were installed in prominent locations worldwide, including the Shanghai Hongqiao International Airport and the Makkah Clock Royal Tower hotel in Saudi Arabia.

Key Business Strategies

Herlin's key business strategies included a focus on technological advancements, acquisitions, and alliances to expand KONE's operations. He emphasized the importance of innovation and sustainability, which continues to be central to KONE's strategies. He also spearheaded the company's expansion in international markets, making KONE a global brand.

Philanthropy

Antti Herlin is actively involved in philanthropy, primarily through the Tiina and Antti Herlin Foundation. Established in January 2014, the foundation supports social welfare, culture, the environment, science, and related educational and research activities. The foundation focuses on solutions to the global climate crisis, particularly in reducing emissions. In the last fiscal year, the foundation granted approximately $8.5 million for environmental projects aimed at global emission reductions in the steel industry. Herlin is also an advocate for mental health awareness.

Career Milestones

1996

CEO of KONE Corporation

Served as the CEO, expanding the company through acquisitions and technological advancements.

2006

Chairman of KONE Corporation

Became the chairman of KONE Corporation.

2013

Chairman of Sanoma Oyj

Chairman of the Board of Directors of Sanoma Oyj.

Philanthropy & Social Impact

Environmental Conservation, Social Welfare

Tiina and Antti Herlin Foundation

$8.5M

Supports social welfare, culture, the environment and science, focusing on solutions to the global climate crisis.

Business Philosophy & Leadership

Notable Quotes

"I'm passionate about elevators. It's quite a funny thing."

Leadership Principles

Innovation

Emphasizes innovation to improve urban mobility solutions.

Sustainability

Committed to sustainability and addressing climate change through eco-friendly innovations.

Ethical Practices

Focused on ethical practices.

Controversies & Challenges

2001-2002

KONE and Partek Stock Investments

Investigated for alleged insider trading, though found innocent.

2003

Family Dispute over KONE

Dispute following Pekka Herlin's will, which gave Antti control of KONE.