BillionaireNet
Hedin
Karl Hedin
Rank #2724
SWEDENManufacturingLumber

Karl Hedin

Net Worth
$1.28B
0% (24h)
Karl Hedin, a 76-year-old Swedish entrepreneur, is a prominent figure in the lumber industry. With an estimated net worth of $1.3 billion, Hedin's wealth stems from his ownership of AB Karl Hedin, a timber group established by his grandfather. Throughout his career, Hedin has been a leading voice in the Swedish forest industry, with his career spanning decades in the construction-engineering field. He is known for his outspoken views on forest ownership and environmental policies.

The Full Dossier

Early Life

Karl Hedin was born on August 26, 1949. Details about his early life and education are not readily available in the search results, but he is a trained economist.

Rise to Success

Hedin's career is deeply rooted in the forestry and timber industry, stemming from his family's business. He is the owner of AB Karl Hedin, a Swedish timber group. The company was founded by his grandfather in 1937. Under Karl Hedin's leadership, the company has grown to become a leading player in Sweden's forest industry, including sawmills, building materials, and forestry operations.

Key Business Strategies

Hedin's business strategy involved expanding AB Karl Hedin. However, in March 2025, Hedin announced plans to sell the company's sawmills and packaging division. In July 2025, three of AB Karl Hedin's sawmills were acquired by Vida, Sweden's largest sawmill group. Hedin has chosen to retain ownership of the company's extensive forest holdings and its financial operations.

Philanthropy

Information on Karl Hedin's specific philanthropy is not readily available in the search results.

Career Timeline

2025

Sold Sawmills and Packaging Division

Hedin announced plans to sell the group's sawmills and packaging division.

1980s

Took Over AB Karl Hedin

Karl Hedin took over AB Karl Hedin, which at the time, was a single sawmill, a planing mill, and two timber yards.

Philanthropic Impact

UnknownUndisclosed

Not Available

Philanthropic information not readily available.

Wealth Trajectory