Sven Hagströmer

Source of wealth: Financial services

82 years male Finance & Investments 🇸🇪 SE

Net Worth

...

Earnings per second

...

The scale of their wealth

🏥

Health

The price of life

Let's compare Sven Hagströmer's fortune with the healthcare spending of a massive country

Sven Hagströmer could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 0.6 years.

But even if we compare their fortune with that of a rich country

On the other end, Sven Hagströmer could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 0.3 years.

📚

Education

Buying the future

Let's also compare their fortune with education spending, first with a poor country

Sven Hagströmer could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 0.4 years.

And yes, we can also compare it with a rich country

But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Sven Hagströmer could pay for it entirely for 0.5 years.

🔬

Research

The monopoly on progress

Coming full circle, we think it's also interesting to add another gigantic country

Sven Hagströmer could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 2.2 years.

And of course, the country that invests the most per capita worldwide

But even if we compare the total wealth of Sven Hagströmer with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.0 years.

While billions of people struggle to access basic healthcare, education, and research, a single individual could fund entire national systems for centuries.

Gold

Everyday luxuries

Sven Hagströmer's fortune is equivalent to 9 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.

A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.

Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.

Sven Hagströmer could buy 2,351,088 gold rings. That's a lot of fingers and way too many gifts!!

And if you're struggling to visualize that many rings, it would take 0 trucks to transport them. Although Sven Hagströmer will almost certainly have enough money left over to pay for the gas.

Biography

Sven Hagstr?mer is the founder and chairman of publicly traded investment company Creades and online broker Avanza.

Hagstr?mer co-founded HQ AB, later HQ Bank, in 1990. The bank collapsed in 2010 because of an overvalued trading portfolio.

Creades was one of the first investors in Klarna, investing as early as 2007, but sold their stake in 2014.

Hagstr?mer was, for the first three seasons, one of the sharks in the Swedish version of Shark Tank.

Hagstr?mer cofounded the Raoul Wallenberg Academy, a non-profit foundation that supports and educates young people in human rights and self-leadership.