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Billionaire Profile
D
Global Rank
#2340

Image: Bucharest City Hall; scan by Biblioteca Metropolitană București | Public domain | via Wikimedia Commons

David Mindus

CEO, Real estate
SWEDEN
Real-Time Net Worth
$1.663B
Estimated based on Real estate stock value as of March 6, 2026
-1.93% (24h)
Age
54
Source
Real estate
Industry
Diversified
Citizenship
SWEDEN

Biography

David Mindus, a Swedish real estate magnate, is the founder and CEO of Sagax AB. Born on January 26, 1972, Mindus has built a significant net worth through strategic investments in the real estate sector, specializing in commercial properties. His career began at GE Capital, where he established the company's Swedish real estate investment business. With an MBA from Stockholm University, Mindus has spearheaded Sagax's growth, owning over 17% of the company, which is listed on the Stockholm Stock Exchange. As of February 2, 2026, his estimated net worth is $1.7 Billion, and he is ranked #2226 in the world.

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

Wealth Over Time

In-Depth Profile

Early Life

David Mindus was born on January 26, 1972, in Sweden. He earned a Master of Business Administration from Stockholm University. Information regarding his early life and upbringing is limited in the available sources.

Rise to Success

Mindus's career began in the financial sector, where he worked at GE Capital. He played a key role in founding the company's Swedish real estate investment division. In 2000, Mindus, along with two partners, saw an opportunity in the Swedish commercial real estate market, specifically in undervalued warehouse and light industrial properties. This led to the founding of Sagax AB. The company was listed on the Stockholm Stock Exchange in 2004.

Key Business Strategies

The core of Mindus's business strategy has been identifying and investing in undervalued commercial real estate. Sagax focused on acquiring properties such as warehouses and light industrial spaces. The company's portfolio has grown to include over 37 million square feet across 673 properties. Mindus owns more than 17 percent of Sagax. The company's success has been attributed to its focus on logistics properties, which has seen significant growth.

Philanthropy

Details about Mindus's philanthropic activities are not readily available in the provided search results.

Career Milestones

2000

Founded Sagax AB

David Mindus and partners started buying warehouses and light industrial properties.

2004

Sagax Listed on Stockholm Stock Exchange

Sagax AB was listed on the Stockholm Stock Exchange.

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