One of the newcomers in the list of Sweden’s richest is a stockbroker in his 35s, who qualifies for twelfth place in the latest tax return, on the list of capital incomes.
That means 305 million in one year.
The man describes on his site what his journey looked like, from the first purchases of shares as in his 20s, with a capital of a few thousand bucks – attempts that led to him losing everything several times over – until he started going plus a couple of years later.
By then, he had spent thousands of hours “learning everything”, analyzing stock market information and trading patterns, he writes.
Eventually, he found his algorithms, for buying on stock exchanges in the United States.
In 2017, he was financially independent. Nowadays, he is driven by sharing his knowledge in a community, he writes.
The stock exchange trader has refused to be interviewed in DN.
Another surprise on the income lists is also the youngest, a 23-year-old from southern Norrland who also seems to be self-taught.
He has gone from zero to a hundred, or in this case to 300 million, in a few years’ time. Since 2017, profits have more than doubled.
He now lives in Stockholm and according to the Swedish Companies Registration Office, his company is engaged in “computer programming, and owns and manages securities. The costs of the business are negligible and there are no salary costs. All income comes from capital.
This year, he estimates 219 million in income from capital.
– Spotify’s Gustav Söderström.
Foto: Henrik Montgomery/TT
The highest salary in Sweden, ie income from employment (salary, bonuses, remuneration) in this year’s declarations – which were completed a couple of weeks ago – is around SEK 170 million. It is Spotify manager Gustav Söderströms.
That is about half of the very highest salary noted, which is 332 million, two years ago. It was also Gustav Söderströms.
Many of the names in the list below we have seen before, it is the usual mix of computer game kings, financiers, real estate magnates, listed company CEOs and tech billionaires.
As usual, there are also few women in the top, in addition to the Dane Ane Maersk McKinney Uggla, who is always high up and for a number of previous years topped the lists, only Spotify’s HR manager Katarina Sachiko Berg has reached the top 20, with 104 million in revenue. Then you have to go down to place 41 to find the next woman, the board professional Kerstin Lindell (Bona, Hexpol, Peab) with 29 million.
This year, therefore, it is not income from employment which stands out, but well the capital income.
There are several over a billion. Poker billionaire Claes Lidell’s top rating of just under 1.5 billion is almost double the more than 800 million that game king Patrick Söderlund received last year.
Income from capital includes gains from shares, sales of real estate and companies. Here is the record for a single year of 2.1 billion (Sebastian Knutsson, founder of the gaming company King).
– Sebastian Knutsson, founder of the gaming company King.
Foto: Henrik Montgomery/TT
Then we do not count the 18 billion that Minecraft creator Marcus “Notch” Persson’s game brought in when it was sold to Microsoft in 2014, because the money has been squandered a little at a time, year after year.
What is behind Claes Lidell’s income this year is not clear, but he became financially independent about ten years ago, when he sold a poker site.
DN has also searched for him, but he has not returned.
Financier Melker Schörling, a major shareholder on the stock exchange, also reports almost SEK 1.3 billion in surplus capital.
In recent years, he has sold parts of his holdings in several large companies.
Some representatives of the old industry has gone down in the lists a bit compared to previous years. HM billionaire Lottie Tham, who used to be between half and one billion in income from capital, has around 185 million this year, which may be due to HM stopping the dividend during the pandemic.
The financier Fredrik Lundberg, another loyal list nut, has also slipped out of the top 20.
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