Billionaire Profile
Sven Hagströmer
Global Rank
#2731

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

Sven Hagströmer

CEO, Financial services
SWEDEN
Real-Time Net Worth
$1.432B
Estimated based on Financial services stock value as of April 20, 2026
-0.49% (24h)
Age
82
Source
Financial services
Industry
Finance & Investments
Citizenship
SWEDEN

Biography

Sven Hagströmer, born in 1943, is a prominent figure in Swedish finance, best known as the founder of Avanza Bank and the investment company Creades. His wealth source stems from his activities in financial services and investments. Throughout his career, he has demonstrated a commitment to entrepreneurship and social causes, including initiating the AllBright foundation to promote gender equality in the business sector. Hagströmer's career includes roles as a portfolio manager and as a venture capitalist on the Swedish version of Shark Tank. His net worth is estimated to be 1.3 billion dollars as of 2024. He studied economics at Stockholm University and is known for his contributions to various non-profit organizations such as Berättarministeriet.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Sven Hagströmer was born on November 30, 1943, in Solna, Sweden. He hails from the noble Hagströmer family. He studied economics at Stockholm University, laying the foundation for his career in finance.

Rise to Success

Hagströmer's career began with portfolio management roles at Gränges AB (1969-1973) and Investor (1973-1980). In 1981, he founded Sven Hagströmer Fondkommission AB, which later became HQ Bank. Following the division of HQ Bank in 2012, Hagströmer became the principal owner of the investment company Creades. He is also the founder of Avanza Bank.

Key Business Strategies

Hagströmer's success is rooted in his entrepreneurial spirit and strategic investments. He has a keen eye for identifying opportunities in the financial sector. He is known for his active role in the Swedish version of the TV show, Dragons' Den, and has also served as chairman of the board for Avanza Bank and Creades.

Philanthropy

Hagströmer is involved in various social projects, including Arbetsmäklarna at Tensta School, where he helps students connect with employers. He founded the AllBright foundation in 2011, dedicated to increasing the number of women in leadership positions within the business sector. He also co-founded the Raoul Wallenberg Academy and the publishing agency Fri Tanke.

Career Milestones

1969

Portfolio Manager

Began his career as a portfolio manager at Gränges AB.

1981

Founder

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

1990

Co-founded HQ AB (later HQ Bank)

Co-founded HQ AB, later known as HQ Bank, in 1990.

1998

Head of Hagströmer family

Became the head of the Hagströmer family after his father died.

2011

Founded AllBright foundation

Founded the AllBright foundation to promote gender equality in the business sector.

2012

Principal owner of Creades

Became the principal owner of Creades.

Philanthropy & Social Impact

Gender equality

AllBright Foundation

Not available

An organization that works to increase the number of women in positions of power within the business sector.

Education and social support

Berättarministeriet

Not available

An organization that runs writing workshops in areas with high unemployment rates.

Human rights and education

Raoul Wallenberg Academy

Not available

A non-profit foundation that supports and educates young people in human rights and self-leadership.

Business Philosophy & Leadership

Notable Quotes

""If a fantastic idea comes along, we can carry out a new share issue if we believe in it and if it's necessary, for example in the case of an acquisition or similar initiatives.""

Leadership Principles

Entrepreneurship

Driven by curiosity and a passion for building and investing in businesses.

Social Responsibility

Committed to initiatives that promote gender equality and social inclusion.

Controversies & Challenges

2010

HQ Bank Collapse

HQ Bank faced economic difficulties leading to the revocation of its license.

2014

Seaplane Crash-landing

Hagströmer was involved in a seaplane crash-landing in the Stockholm archipelago.