BillionaireNet
Mindus
D
Rank #2217
SWEDENreal-estateReal estate

David Mindus

Net Worth
$1.699B
-0.25% (24h)
David Mindus, at 53 years old, is a prominent Swedish billionaire renowned for his success in the real estate industry. His current net worth is estimated at $1.7 billion, placing him among the top billionaires globally. Mindus is the founder and CEO of Sagax AB, a commercial real estate company. His career includes founding the company in 2000 and working with GE Capital. He holds a Master of Business Administration from Stockholm University and has four children.

The Full Dossier

Early Life

David Mindus's early life details are not widely available in public sources. However, it is known that he pursued a Master of Business Administration from Stockholm University.

Rise to Success

David Mindus's career took off in the real estate sector. In 2000, he co-founded Sagax AB with Johan Thorell and Staffan Salén, a company focused on investing in warehouse and light industrial properties. Mindus recognized the potential of the undervalued sector, leading to Sagax's growth and listing on the Stockholm Stock Exchange in 2004. He owns more than 17% of Sagax.

Key Business Strategies

Mindus's key strategy has been identifying and investing in commercial properties, especially in the warehouse and light industrial segments. His leadership at Sagax AB has been crucial to the company's expansion, with a portfolio of over 37 million square feet across 673 properties. Mindus previously worked at GE Capital, where he helped establish their Swedish real estate investment business. In 2025, Sagax invested SEK 1,180 million through 11 transactions.

Philanthropy

Information on David Mindus's specific philanthropic endeavors is not readily available in the search results.

Career Timeline

2004

Sagax Listed

Sagax listed on the Stockholm Stock Exchange.

2002

Joined Sagax

David Mindus joined Sagax as a Director.

2000

Co-founded Sagax AB

David Mindus co-founded Sagax AB, a real estate company focused on warehouse and light industrial properties.

Wealth Trajectory