Billionaire Profile
Charlotte Soderstrom
Global Rank
#2010

Image: Unsplash Contributor | Unsplash License | via Unsplash

Charlotte Soderstrom

CEO, H&M
SWEDEN
Real-Time Net Worth
$2.099B
Estimated based on H&M stock value as of April 21, 2026
-0.4% (24h)
Age
49
Source
H&M
Industry
fashion-retail
Citizenship
SWEDEN

Biography

Charlotte Söderström is a Swedish billionaire and heiress to the H&M fashion empire. Born in 1977, she is the granddaughter of H&M's founder, Erling Persson. Her net worth is approximately $1.7 billion as of June 2024. Söderström works on H&M sponsorships and is involved in the Erling Persson Family Foundation, supporting diabetes research. She is also the owner of Stud Arch, a horse breeding and training facility, and a successful equestrian with Olympic achievements. Söderström maintains a relatively low public profile, balancing her business interests with family life and philanthropic endeavors.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/21/2026

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, the former chairman of H&M, and Pamela Collett, a photographer. Her grandfather, Erling Persson, founded H&M in 1947. She is the sister of Karl-Johan Persson and Tom Persson.

Rise to Success

Söderström's wealth stems from her stake in H&M, a global fashion retailer. She works part-time for H&M, focusing on sponsorships. Her success is also evident in her involvement in equestrian sports, owning horses like H&M Indiana and H&M All In, which have achieved Olympic success, contributing to Sweden's gold medal in team jumping at the Tokyo 2021 Olympics.

Key Business Strategies

While maintaining a lower public profile, Söderström is involved in the family business and manages Stud Arch, a stud farm dedicated to breeding and training showjumping horses. She serves on the board of several family-controlled entities linked to H&M and is actively involved in the Erling Persson Family Foundation, which supports diabetes research.

Philanthropy

Söderström is involved in the Erling Persson Family Foundation, which donates to diabetes research. Further details on specific amounts were not found.

Career Milestones

2021

Olympic Gold Medal

Won the Olympic gold medal in team jumping at the Tokyo Olympics 2021.

Philanthropy & Social Impact

Diabetes Research

Erling Persson Family Foundation

Information not found

Supports diabetes research.