Billionaire Profile
C
Global Rank
#1962

Image: Thomas, J. D. (Joseph Dawson), 1849- | Public domain | via Wikimedia Commons

Charlotte Söderstrom

CEO, H&M
SWEDEN
Real-Time Net Worth
$2.075B
Estimated based on H&M stock value as of March 7, 2026
-1.49% (24h)
Age
49
Source
H&M
Industry
fashion-retail
Citizenship
SWEDEN

Biography

Charlotte Söderstrom (born 1977) is a Swedish billionaire heiress to the Hennes & Mauritz (H&M) fashion empire. As the granddaughter of H&M's founder, Erling Persson, and daughter of Stefan Persson, chairman of H&M, Charlotte has cultivated a diverse career. Her wealth is derived from her stake in H&M, and her estimated net worth is $2.2 billion as of February 2, 2026. Beyond her part-time work in sponsorships for H&M, Charlotte is known for her involvement in equestrian sports and her commitment to animal welfare.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/7/2026

Wealth Over Time

In-Depth Profile

Early Life

Charlotte Söderström, born Charlotte Persson in 1977, grew up in Djursholm, Sweden. She is the middle child of Stefan Persson and Pamela Collett. She is the granddaughter of H&M founder Erling Persson.

Rise to Success

Charlotte Söderström's primary source of wealth is H&M, the global fashion retailer founded by her grandfather. She currently works part-time with sponsorships within H&M.

Key Business Strategies

Söderström manages her own investments and is involved in the Erling Persson Family Foundation. She is also known for her active involvement in equestrian sports, particularly the ownership of successful horses.

Philanthropy

Söderström is a member of the Erling Persson Family Foundation which donates to diabetes research.

Career Milestones

2021

Olympic Gold Medal

Owner of horses that contributed to Sweden's gold medal in team jumping at the Tokyo Olympics

2015

Listed as a billionaire

Listed as a billionaire by Forbes

Philanthropy & Social Impact

Health Research

Erling Persson Family Foundation

$XB

Donates to diabetes research