Billionaire Profile
Bertil Hult
Global Rank
#1610

Image: Thomas | CC BY-SA 4.0 | via Wikimedia Commons

Bertil Hult

CEO, Education
SWEDEN
Real-Time Net Worth
$2.627B
Estimated based on Education stock value as of April 20, 2026
0% (24h)
Age
85
Source
Education
Industry
Service
Citizenship
SWEDEN

Biography

Bertil Hult is a Swedish billionaire entrepreneur, best known as the founder of EF Education First, a leading global education company. Born in 1941, Hult overcame personal struggles with dyslexia to revolutionize language learning and cultural exchange. His career began in 1965 when he started EF, and he expanded it into a multi-billion dollar corporation. He served as CEO until 2002 and chairman until 2008. Hult's source of wealth is Education, and he is celebrated for his contributions to education and philanthropy, including the Hult Prize. As of 2024, his net worth is estimated to be $2.6 billion. He currently resides in Lucerne, Switzerland.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Bertil Hult was born in Stockholm, Sweden, in 1941. Growing up, he faced challenges with dyslexia, which made traditional learning methods difficult for him. This personal experience later influenced his approach to education.

Rise to Success

Hult's entrepreneurial journey began in 1965 when he founded EF Education First. The initial concept was to offer language trips to England for Swedish high school students. Recognizing the effectiveness of experiential learning, Hult focused on cultural immersion. Under his leadership, EF expanded into a global enterprise offering language training, educational travel, academic programs, and cultural exchanges, serving over 15 million students worldwide. He served as CEO until 2002 and chairman until 2008. His boat EF Education won the Whitbread Round the World Race in 1998.

Key Business Strategies

Hult's success stems from a focus on experiential learning and cultural immersion. EF's growth was driven by a commitment to providing high-quality educational experiences, expanding globally, and adapting to the evolving needs of students. The company's success is in part, due to focusing on important things and maintaining a lean organizational structure.

Philanthropy

Beyond business, Hult is actively involved in philanthropy. He supports causes related to drug abuse prevention and dyslexia education. He is the benefactor of the Hult Prize, a $1 million annual competition for student-led social enterprises. Hult has also supported the Mentor Foundation.

Career Milestones

1965

Founded EF Education First

Founded EF Education First in Lund, Sweden, initiating language study and travel abroad programs.

2002

Stepped Down as CEO of EF Education First

Transitioned from the role of CEO, after leading the company's expansion.

2008

Stepped Down as Chairman of EF Education First

Ended his tenure as Chairman of EF Education First.

2012

Lucia Trade Award

Awarded the Lucia Trade Award by the Swedish-American Chamber of Commerce.

Philanthropy & Social Impact

Education

Hult Prize

$1M

Sponsors the Hult Prize, a global student competition for social entrepreneurship.

Health

Mentor Foundation

Undisclosed

Supports research and initiatives in drug prevention.

Education

Bertil Hult Prize

Undisclosed

Awarded to Swedish schools for dyslexia education support.

Business Philosophy & Leadership

Notable Quotes

"EF started as the most basic form of free trade – a trade of ideas, language and culture."

Leadership Principles

Focus

Focus on the important things.

Be Lean

Allows to move quickly and grab opportunities.