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Billionaire Index

A daily ranking of the world's richest people

Last updated: November 11, 2026 · $11.70T tracked

Methodology

No. 366Sweden

Fredrik Lundberg

Real estate, investments · Stockholm

Net worth

$9.8B

Today

−$718K−0.01%

Past month

+$672M+7.38%

As of Nov 11, 2026, 1:50 PM EST

Fredrik Lundberg is CEO and chairman of L.E. Lundbergforetagen AB, founded by his father Lars in 1944 as a construction outfit. Fredrik took over management of the firm in 1981. Today it's a diversified holding company with investments in property management and other businesses. Daughters Louise and Katarina, also billionaires, both sit on the board and each own a 15% stake in the group. Through his holdings, Lundberg has a strong say in a dozen of Sweden's largest firms, including construction company Skanska, pulp and paper companies Holmen, as well as truck-maker Volvo.

Net worth over time

+7.38%+$672M over the past month
$10B$9B$9B
Oct 12Nov 11

Principal holdings

19 positions
CompanyShareValue

L.E. Lundbergfoeretagen AB

OMX NORDIC STOCKHOLM: LUND.B-SE

63.3%$6.2B

Hufvudstaden AB Class C

OMX NORDIC STOCKHOLM: HUFV.C-SE

11.0%$1.1B

Industrivarden Class A

OMX NORDIC STOCKHOLM: INDU.A-SE

10.3%$1.0B

Private and other holdings

4.5%$436M

Svenska Handelsbanken

OMX NORDIC STOCKHOLM: SHB.A-SE

4.1%$403M

Sandvik

OMX NORDIC STOCKHOLM: SAND-SE

3.6%$352M

Volvo AB Class B

OMX NORDIC STOCKHOLM: VOLV.B-SE

1.1%$104M

Skanska AB Class B

OMX NORDIC STOCKHOLM: SKA.B-SE

0.7%$69M

Holmen AB Class B

OMX NORDIC STOCKHOLM: HOLM.B-SE

0.5%$51M

Lifco AB

OMX NORDIC STOCKHOLM: LIFCO.B-SE

0.3%$25M

Essity

OMX NORDIC STOCKHOLM: ESSITY.B-SE

0.1%$15M

Alleima

OMX NORDIC STOCKHOLM: ALLEI-SE

0.1%$13M

Holmen AB Class A

OMX NORDIC STOCKHOLM: HOLM.A-SE

0.1%$11M

Investor AB class A

OMX NORDIC STOCKHOLM: INVE.A-SE

0.1%$11M

Husqvarna Class B

OMX NORDIC STOCKHOLM: HUSQ.B-SE

0.0%$3M

Arjo AB

OMX NORDIC STOCKHOLM: ARJO.B-SE

0.0%$2M

Husqvarna Class A

OMX NORDIC STOCKHOLM: HUSQ.A-SE

0.0%$780K

Waystream Holding

OMX NORDIC STOCKHOLM: WAYS-SE

0.0%$723K

News55

NORDIC GROWTH MARKET: SE0009889934-SE

0.0%$63K

Also known for

  • Lundberg moved his family to Switzerland in 1985 to avoid punitive taxes but later returned to Sweden.
  • Lundberg was once a junior curling world champion.