Billionaire Profile
Bertil Hult
Global Rank
#1567

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 March 6, 2026
0% (24h)
Age
84
Source
Education
Industry
Service
Citizenship
SWEDEN

Biography

Bertil Hult is a Swedish billionaire and visionary entrepreneur, best known as the founder of EF Education First. Born in 1941, Hult revolutionized global education by establishing EF in 1965. EF has expanded to serve millions of students worldwide through language training, cultural exchanges, and academic programs. Hult's entrepreneurial journey began with a personal struggle with dyslexia, which fueled his belief in experiential learning. His net worth is estimated at $2.6 billion as of February 2024, according to Forbes, a testament to his successful career in education. Hult is also a philanthropist, supporting various causes and the Hult Prize, a student competition for social entrepreneurship.

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

Wealth Over Time

In-Depth Profile

Early Life

Bertil Hult was born in Stockholm, Sweden, in February 1941. He experienced challenges with dyslexia during his early education, which significantly influenced his approach to learning. He left school after junior high. These early experiences shaped his belief in the effectiveness of immersive learning methods.

Rise to Success

Hult's career took off when he founded EF Education First in 1965. He launched the company with the idea of language study and travel abroad programs. EF initially focused on sending Swedish high school students to England. Hult expanded the business, opening language schools and diversifying into educational offerings, academic programs, and cultural exchanges. EF expanded globally, now operating in 111 countries. Hult served as CEO until 2002 and as chairman until 2008.

Key Business Strategies

Hult's success can be attributed to several key strategies. First, he emphasized experiential learning, recognizing the importance of immersing students in new cultures and languages. Second, EF expanded through franchise locations initially, before buying back licenses. This allowed for rapid, cost-effective expansion. Hult also focused on emerging markets, recognizing the growing demand for English-language education. EF has also focused on digital innovation, including online language learning platforms.

Philanthropy

Apart from EF, Hult has been involved in charities fighting drug abuse and promoting dyslexia education. He founded the Mentor Foundation in 1993. Hult also supports the Bertil Hult Prize, a student competition aimed at fostering innovation and social entrepreneurship.

Career Milestones

1965

Founded EF Education First

Started the company with language study and travel programs for Swedish students.

2002

Retired as CEO of EF Education First

Transitioned out of the CEO role.

2008

Retired as Chairman of EF Education First

Stepped down as chairman.

2014

Named a Laureate by the World Entrepreneurship Forum

Recognized for impact on society and capacity to change the world.

Philanthropy & Social Impact

Drug Prevention

Mentor Foundation

Undisclosed

Founded the Mentor Foundation to support research and initiatives in drug prevention.

Student Competition

Bertil Hult Prize

$1M

Sponsors the Hult Prize, a US$1 million award for a global business school case competition.

Education

EF's Global Classroom Foundation

Undisclosed

Helping to rebuild elementary schools in troubled areas.

Business Philosophy & Leadership

Notable Quotes

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

Leadership Principles

Entrepreneurial Spirit

At EF, we take ownership of our ideas and run with them.

Quality

We deliver a great product every time, every day.

Passion

Our passion brings out the best in us in work or in play.

Innovation

To be the leader we need to dream big.