IKEA founder dethroned as richest Swede
Ten Swedes have made it onto the Forbes list of the world's billionaires this year. The richest of the Swedes is the chairman of clothing giant Hennes & Mauritz (H&M), Stefan Persson, who comes in thirteenth place with some US $25 billion.
According to the magazine, Persson has unseated Ingvar Kamprad, the founder of IKEA, as the richest Swede. Kamprad, who used to be among the absolute richest, is now not even in the top hundred.