Billionaire Profile
Bertil Hult
Global Rank
#1408

Image: Public domain | via Wikimedia Commons

Bertil Hult

CEO, EF Education First
SE
Real-Time Net Worth
$4B
As of December 2025
Age
84
Source
Education
Industry
service
Citizenship
SE

Biography

Bertil Hult, a Swedish billionaire, is renowned for founding EF Education First (EF) in 1965. Facing personal struggles with dyslexia, Hult built EF into a global education powerhouse, now operating in 111 countries. His source of wealth stems from his pioneering work in education, offering a range of language training and cultural exchange programs. Hult's career highlights include serving as EF's CEO until 2002 and chairman until 2008. He is also the benefactor of the Hult Prize for student innovation.

Wealth Over Time

In-Depth Profile

Early Life

Bertil Hult was born in Stockholm, Sweden, on February 10, 1941. He struggled with dyslexia as a child, which influenced his educational journey. After dropping out of school after junior high, he moved to London, where he learned English through immersion. He then re-entered the educational system, attending Lund University for a short period.

Rise to Success

Hult founded EF Education First at the age of 23 in the basement of his university dormitory in Lund, Sweden. He started EF as a language study and travel abroad organization for Swedish high school students going to England to learn English. Under his leadership, EF expanded globally, becoming a multi-billion dollar corporation with over 40,000 employees in 53 countries.

Key Business Strategies

Hult's key strategy was to emphasize cultural immersion as the most effective way to learn a language. This focus on experiential learning and travel was a core component of EF Education First's offerings. Hult also expanded the company through various programs, including language schools, cultural exchange programs, and educational travel.

Philanthropy

Bertil Hult is actively involved in charitable work, particularly in promoting dyslexia education. He supports the Bertil Hult Prize, awarded annually to a Swedish school for its efforts in dyslexia education, and sponsors the Hult Prize, a $1 million award for a global business school case competition supported by the United Nations.

Career Milestones

1965

Founded EF Education First

Founded EF Education First in Lund, Sweden, initially organizing language study trips for Swedish high school students.

2002

Stepped Down as CEO

Stepped down as CEO of EF Education First.

2008

Stepped Down as Chairman

Stepped down as Chairman of EF Education First.

Philanthropy & Social Impact

Education

Bertil Hult Prize

$1M

Awarded to a Swedish school for their efforts in dyslexia education.

Education

Hult Prize

$1M

Award for a global business school case competition supported by the United Nations.

Social Issues

Mentor Foundation

N/A

Founding member of the Geneva-based Mentor Foundation focused on drug prevention.

Business Philosophy & Leadership

Notable Quotes

"Those who don't move with the time, should be moved in time."