What is Fredrik Lundberg's Net Worth?
Fredrik Lundberg is a Swedish businessman who has a net worth of $3.6 billion. Fredrik Lundberg racked up his fortune as a major shareholder, president and CEO of L E Lundbergföretagen AB, an investment company that was set up by his father Lars as a construction outfit in 1944. In its 60 years of operation, the company has transformed from a construction company into an investment company with interests in several different areas. Born on August 5, 1951 in Norrköping, Sweden, Fredrik Lundberg graduated from the Stockholm School of Economics before joining his father's business. It was in 1981 when he assumed control of L.E. Lundbergforetagen AB where he also inherited a controlling stake from his father.
Ever since, Fredrik has contributed to the expansion of his diversified holding company, making it reach almost $6.6 billion (assets). When the time was right he let his two daughters, Louise and Katarina, join the business. Now they both sit on the board and have stakes in the group worth nearly half a billion dollars apiece. On the company's board also sits his fellow billionaire Carl Bennet. Aside from being the ninth wealthiest person in Sweden, Fredrik Lundberg enjoys hunting and was once a junior curling world champion.
