Frederick Lundberg net worth
Frederick Lundberg Net Worth: Fredrik Lundberg is a Swedish businessman with a net worth of $3.6 billion. Fredrik Lundberg built his fortune as the majority shareholder, president and CEO of LE Lundbergföretagen AB, an investment company founded by his father Lars in 1944 as a construction company.
In its 60 years in business, the firm has transformed from a construction company to an investment firm that operates in many different fields. Fredrik Lundberg was born on August 5, 1951 in Norrkoping, Sweden, and graduated from the Stockholm School of Economics before joining his father’s company. In 1981 he took over LE Lundbergforetagen AB and inherited the controlling stake from his father. Since then, Frederick has contributed to the expansion of his diversified holding company to nearly $6.6 billion (assets). When the time came, he let his two daughters, Louise and Katarina, join the company. Now, they both serve on the board and hold nearly $1 billion worth of shares in the group. Also on the company’s board is his billionaire Carl Bennet. In addition to being the ninth richest person in Sweden, Frederick Lundberg also likes to hunt and is a former junior curling world champion.
