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Melker Schörling – Billionaire

Melker Schörling (born 1947) is a Swedish businessman. His investment company Melker Schörling AB (MSAB) has large interests in Securitas AB, Assa Abloy, Hexagon AB, Loomis and more. Schörling formed a partnership with fellow billionaire Gustaf Douglas who is also a major shareholder in Securitas and Assa Abloy.

Early life

Melker Schörling is a graduate of the School of Business, Economics and Law, Gothenburg.

Career

He made a name for himself as the CEO of Securitas in 1987 before moving on to Skanska, when Percy Barnevik was chairman. Schörling later left his executive career in order to focus on his own investments.

In August 2006, Schörling revealed that he would take MSAB public, listing it on the Stockholm Stock Exchange. He also unveiled a new board of directors. The new board, one of the most high-profile in the Swedish business world, includes Stefan Persson, Carl-Henric Svanberg, and Schörling’s daughter. In June 2015, Schörling announced that his son will join Hexagon AB.

As of January 2015, he is worth $6.5 billion according to Forbes.

Source:wikipedia

 

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