LeaderPortfolio
Douglas
Carl Douglas
Rank #675
SWEDENdiversifiedInvestments

Carl Douglas

Net Worth
$6.079B
0% (24h)
Carl Douglas is a Swedish investor and board member, most notably as Vice Chairman of the board at Assa Abloy. Born in Kingston, Jamaica, in 1942, Douglas is the son of industrialist Gustaf Douglas. His primary source of wealth is investments. Douglas' career has seen him hold positions on the boards of Investment AB Latour, Securitas, and AB Fagerhult, demonstrating a diversified approach to the investment landscape. He is also known for his passion for underwater exploration and has led expeditions discovering historical shipwrecks. As of 2024, his estimated net worth is $6.5 billion.

The Full Dossier

Early Life

Carl Douglas was born Carlton George Douglas on May 10, 1942, in Kingston, Jamaica. He later lived in the U.S. state of California before relocating to London as a teenager. Douglas developed a passion for soul music and singing in his youth.

Rise to Success

Carl Douglas is the son of billionaire Gustaf Douglas. He has served on the board of the family's investment company Wasatornet for over a decade. The Douglas family is a major shareholder of Investment AB Latour, which holds stakes in Securitas AB and Assa Abloy. Latour is also the main shareholder in AB Fagerhult. Carl Douglas is a board member of Latour AB and Vice Chairman of Securitas and Assa Abloy. He is also the chairman of the Voice of the Ocean Foundation.

Key Business Strategies

Douglas's investment strategy focuses on long-term value creation. This is exemplified by the Douglas family's control of Investment AB Latour, which allows the company to focus on investing in research, expansion, and operational excellence. This strategy has allowed companies like Assa Abloy and Tomra to grow globally while maintaining strong margins. The family avoids speculative investments, focusing on ownership and control.

Philanthropy

No specific details on Carl Douglas's personal philanthropy could be found in the search results, but the Voice of the Ocean Foundation, which he chairs, may indicate his philanthropic interests. Further research would be needed for specific amounts.

Career Timeline

2012

Vice Chairman of the Board

Became Vice Chairman of the Board of ASSA ABLOY.

2004

Board Member

Became a board member of ASSA ABLOY.

Philanthropic Impact

Environmental ConservationUndisclosed

Voice of the Ocean Foundation

Carl Douglas serves as the chairman of the board.

Wealth Trajectory