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Billionaire Profile
Sven Hagströmer
Global Rank
#2778

Image: NordCaroline | CC BY-SA 4.0 | via Wikimedia Commons

Sven Hagströmer

CEO, Financial services
SWEDEN
Real-Time Net Worth
$1.279B
Estimated based on Financial services stock value as of March 6, 2026
-0.39% (24h)
Age
82
Source
Financial services
Industry
Finance & Investments
Citizenship
SWEDEN

Biography

Sven Hagströmer, a prominent figure in the Swedish financial landscape, is the founder and chairman of Creades and Avanza Bank. Born on November 30, 1943, Hagströmer's career spans financial services and investments. His net worth is estimated at $1.3 billion as of February 3, 2026. Beyond his financial success, Hagströmer is known for his philanthropic efforts and commitment to social causes, including the Raoul Wallenberg Academy and the AllBright foundation, which promotes gender equality in the business sector. Hagströmer's career began in the 1960s, with a portfolio manager role and evolved into founding and leading several financial institutions, showcasing his entrepreneurial spirit and leadership.

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

Wealth Over Time

In-Depth Profile

Early Life

Sven Johan Gösta Barthen Hagströmer was born on November 30, 1943, in Solna, Sweden. He comes from the noble Hagströmer family and is the head of the family since 1998. He studied economics at Stockholm University.

Rise to Success

Hagströmer's career began in the financial sector, working as a portfolio manager at Gränges AB from 1969 to 1973 and at Investor from 1973 to 1980. In 1981, he founded Sven Hagströmer Fondkommission AB, which later became HQ Bank. He is best known as the founder of Avanza Bank and the investment company Creades. After the division of HQ Bank in 2012, Hagströmer became the principal owner of Creades.

Key Business Strategies

Hagströmer's key business strategies have focused on investment and financial services. He co-founded HQ AB, later HQ Bank, in 1990. He has been a dedicated entrepreneur and was one of the venture capitalist "dragons" in the Swedish version of the television program Dragons' Den on SVT.

Philanthropy

Sven Hagströmer is committed to various social projects. He founded the Raoul Wallenberg Academy in 2012 and is also one of the initiators of Berättarministeriet, which runs writing workshops in areas with high unemployment rates. In 2011 he founded the AllBright foundation that works to increase the number of women holding positions of power within the business sector.

Career Milestones

1969

Portfolio Manager

Began as a portfolio manager at Gränges AB.

1973

Portfolio Manager

Worked as a portfolio manager at Investor.

1981

Founder

Founded Sven Hagströmer Fondkommission AB, which later became HQ Bank.

1990

Co-founded HQ AB

Co-founded HQ AB, later HQ Bank.

2012

Principal Owner of Creades

Became the principal owner of Creades after HQ Bank's division.

2014

Seaplane Crash

Hagströmer crash-landed with his seaplane in the Stockholm archipelago.

Philanthropy & Social Impact

Human Rights and Education

Raoul Wallenberg Academy

Undisclosed

Founded the Raoul Wallenberg Academy, which supports and educates young people in human rights and self-leadership.

Education and Literacy

Berättarministeriet

Undisclosed

Initiated Berättarministeriet, which runs writing workshops in areas with high unemployment rates.

Gender Equality

AllBright Foundation

Undisclosed

Founded AllBright to increase the number of women in leadership positions within the business sector.

Controversies & Challenges

2010

HQ Bank Collapse

HQ Bank collapsed due to an overvalued trading portfolio.

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