Born in Sweden in 1977. Swedish businesswoman Charlotte Soderstrom had an estimated net worth of $2.8 billion as of 2015, according to Forbes. This declined to $1.6 billion as of October 2018. She is the daughter and heiress of the wealthiest person in Sweden, Stefan Persson. The family has earned a lot of wealth from fashion firm Hennes & Mauritz (H&M) which was created by her grandfather Erling Persson in 1947. Her father Persson currently serves as chairman of the fashion company. Charlotte Soderstrom is also a member of the Erling Persson Family Foundation which is known for helping diabetes research. She also operates a stud farm. Since 2009, her brother Karl-Johan Persson has been the CEO and President of H&M. Her other relatives Karl-Johan, Tom Persson, and Lottie Tham are also become billionaire thanks to the family’s fashion business. She is married with three children and the family lives in Stockholm, Sweden.