Swedish businesswoman and heiress Liselott “Lottie” Tham has an estimated net worth of $4 billion as of 2015, according to Forbes. This declined to $2.5 billion as of October 2018. She controls over 5% of fashion franchise Hennes & Mauritz (H&M) which was established by her father Erling Persson who passed away in 2002. After her brother Stefan Persson who owns approximately 38% of the stake of H&M, Lottie Tham is the second largest shareholder of the trendy retail chain that helps her receive a large amount of pay checks annually. In 2015, she was ranked 381 on Forbes’ Billionaires list, making her one of the richest women and business magnates in the world. Following her brother’s relinquishment of the Chief Executive Office position, her billionaire nephew Karl-Johan Persson took the position. Thanks to the lucrative revenue of H&M, her other relatives are also billionaires including her other nephew Tom Persson and niece Charlotte Söderström. She is married to Swedish journalist Pieter Tham with whom she has two sons. The family currently lives in Stockholm, Sweden. The couple also invested in real estate, including hotels, commercial premises and land.