Net Worth: $26 billion UP
His cheap-chic apparel chain H&M added Versace and Marni to its stable of designers last year and opened its first stores in Croatia, Singapore and Romania. It now has 2,500 shops in 43 countries. Persson, who is chairman, bought 5 million additional shares of the company and then gifted 4 million, worth $150 million, to a new employee incentive program.
(Imago stock&people/Newscom) More From Forbes: The World’s Billionaire Women The World’s Billionaire Newcomers The World’s Youngest Billionaires The World’s Billionaire Dropoffs The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.