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Billionaire Profile
Karl Hedin
Global Rank
#2491

Image: Calle Eklund/V-wolf | CC BY-SA 3.0 | via Wikimedia Commons

Karl Hedin

CEO, Lumber
SWEDEN
Real-Time Net Worth
$1.522B
Estimated based on Lumber stock value as of March 6, 2026
0% (24h)
Age
76
Source
Lumber
Industry
Manufacturing
Citizenship
SWEDEN

Biography

Karl Hedin is a Swedish billionaire with a net worth of $1.3 billion as of February 2, 2026. He is primarily known as the owner of AB Karl Hedin, a major player in Sweden's lumber and construction materials industry. Hedin's wealth stems from his family's timber business, which was founded by his grandfather in 1937 and has grown to become a leading enterprise in the Swedish forest industry. Over the years, Hedin has been known for his strong views on forest ownership and has been critical of Swedish environmental policies. In March 2025, Hedin announced plans to sell the group's sawmills and packaging division.

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

Wealth Over Time

In-Depth Profile

Early Life

Karl Hedin was born on August 26, 1949. He is the son of Lars Hedin. Hedin grew up learning the importance of hard work in the forest.

Rise to Success

Hedin is a Swedish businessman, writer, and a debater regarding wolf issues. He is educated as a civil economist. He owns and runs AB Karl Hedin, a timber industry company. The company was founded by Hedin's grandfather in the early 1900s. Hedin is also one of Sweden's largest private forest owners. In March 2025, it was announced that Hedin planned to sell the group's sawmills and packaging division.

Key Business Strategies

Hedin's business expanded significantly during his leadership, making it one of Sweden's most well-known privately owned industrial groups in the wood and construction materials sector. In 2019, the company was split into five separate companies as part of a restructuring process. The company invests in forests and in listed and unlisted shares.

Philanthropy

I am sorry, but I was unable to find specific information on Karl Hedin's philanthropy amounts.

Career Milestones

1937

AB Karl Hedin founded

Founded by Karl Hedin's grandfather.

1980s

Took over the business

Karl Hedin took over the business.

2019

Restructuring of the Company

AB Karl Hedin was split into five separate companies.

2025

Plan to sell sawmills

Hedin announced plans to sell the group's sawmills and packaging division.

Controversies & Challenges

2021

Accusation of illegal wolf hunt

Hedin was acquitted of charges of illegal wolf hunting and planning to poison wolves.

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