By 2025, Antti Herlin will have amassed a fortune of $4.1 billion. If Forbes’ estimates are to be believed, he is the 819th wealthiest person in the world and the wealthiest Finn. He amassed an enormous fortune while serving as CEO of the family-owned elevator and escalator industry powerhouse KONE Corporation.
Bio Data Table: Antti Herlin
Attribute | Details |
---|---|
Full Name | Antti Herlin |
Date of Birth | November 14, 1956 |
Age | 68 |
Nationality | Finnish |
Source of Wealth | Elevators, Escalators, Media |
Residence | Kirkkonummi, Finland |
Marital Status | Married |
Children | 4 |
Directors at KONE Inc.
The world-renowned elevator and escalator manufacturer KONE Corporation has had Antti Herlin as its chairman. He oversaw KONE’s expansion into more than 60 countries through smart mergers and partnerships. People began to see him as a leader with vision because of his accomplishments.
What KONE Means to the Herlin Family
It was in 1924 that Antti’s great-grandfather invested in KONE, and the rest is history. Even now, members of the Herlin family are key figures in running the business. The continuation of the company’s legacy is ensured by the presence of Antti’s daughter Iiris on the board and his son Jussi as vice chairman.
Assets Outside of KONE
Beyond KONE, Antti Herlin has a diverse financial portfolio. He has been the chairman of Sanoma Oyj, the biggest media firm in Finland, since 2013 and has a substantial share in the company. His broad financial strategy is evident in his investments, which also include the Finnish construction giants YIT and Lemminkäinen.
Deep Devotion to Farming
Living on a farm in Kirkkonummi, Finland, Antti breeds Aberdeen Angus and Hereford cattle. His dedication to sustainability and diversity is shown in his interests in agriculture. He was clearly involved in farming in 2012 because the Finnish government gave him €275,792 in agricultural subsidy.
His Name and the Controversy Around It
Between 2001 and 2002, Antti was accused of engaging in insider trading involving KONE and Partek stocks. He was found not guilty after an investigation. He showed remarkable resiliency by taking matters into his own hands and conducting an investigation to learn how the accusations got out to the public.
A Glamorous Herlin Empire
Their opulence and power are manifestations of the Herlin family’s immense riches. Among the many famous places across the world that have KONE products installed are the Makkah Clock Royal Tower and Shanghai Hongqiao Airport. A large portion of Finland’s GDP comes from the family’s businesses.
The Economic Impact of Antti on Finland
The influence of Antti’s leadership and investments on Finland’s economy has been profound and revolutionary. His strategic acumen is on full display in his ability to branch out into several industries, such as media, construction, and agriculture. Under his leadership at KONE, Finland’s industrial reputation has been strengthened on a global scale.