Billionaire Profile
Erik Selin
Global Rank
#887

Image: Public domain | via Wikimedia Commons

Erik Selin

CEO, Fastighets AB Balder
SE
Real-Time Net Worth
$4.68B
As of December 2025
Age
58
Source
Real estate
Industry
real-estate
Citizenship
SE

Biography

Erik Selin, a Swedish billionaire, is a prominent figure in the real estate industry. As of late 2025, his net worth is estimated at $4.68 billion, primarily derived from his extensive real estate holdings. Selin is the CEO and controlling owner of Fastighets AB Balder, one of the largest real estate companies in Sweden. His career began in the early 1990s, and he founded Balder in 1994. In addition to his leadership at Balder, Selin holds chairmanships in Collector Credit AB, SATO Oyj, and Collector AB. He is recognized for his strategic investments and entrepreneurial drive in the real estate sector and beyond.

Wealth Over Time

In-Depth Profile

Early Life

Erik Selin was born on May 8, 1967, in Gothenburg, Sweden. He showed an early interest in business and real estate, influenced by his father's successful business ventures. Selin began his career in real estate in the early 1990s, quickly establishing himself as a shrewd businessman.

Rise to Success

Selin founded Fastighets AB Balder in 1994, which has become one of the largest real estate companies in Sweden. He initially lost his savings in the 1990s market crash, but then acquired his first rental property at age 24. Balder's portfolio includes residential properties and 50 hotels, making it one of Sweden's largest hotel owners. Selin's leadership has been pivotal in Balder's growth. In 2014, he was named "Real Estate Person of the Year" by the Swedish Real Estate Association.

Key Business Strategies

Selin focuses on long-term strategies and reinvests profits. His company focuses on the acquisition, development, and management of residential and commercial properties, as well as hotels. Selin also serves as chairman of Collector Credit AB, SATO Oyj, and Collector AB, emphasizing his influence within the Nordic financial and property sectors.

Philanthropy

Information on Erik Selin's specific philanthropic activities and amounts is not readily available through the search results. However, his investment decisions and business strategies may reflect his commitment to creating long-term value and supporting sustainable initiatives.

Career Milestones

1994

Founded Fastighets AB Balder

Established what would become one of Sweden's largest real estate companies.

2005

Balder listed on Nasdaq Stockholm

The company went public.

2014

Real Estate Person of the Year

Awarded by the Swedish Real Estate Association.

Philanthropy & Social Impact

Not found

Not found

Undisclosed

Philanthropic details are not available in the search results.

Business Philosophy & Leadership

Notable Quotes

""We have, in essence, no strategies or business plans. We do business when they come up.""

Leadership Principles

Long-term investment

Focuses on long-term value creation and reinvesting profits.

Investment discipline

Emphasizes investment discipline and careful management of earnings and cash flow.

Controversies & Challenges

Unknown

Not found

Controversies are not available in the search results.