Sven Hagströmer Net Worth

Sven Hagströmer has an estimated net worth of $1.4 billion, according to Forbes Real-Time Billionaires, Sven Hagströmer profile (figures as of October 20, 2026). That is up from $1.2 billion in 2022.

Sven Hagströmer is a Swedish financier best known as the founder of online broker Avanza and investment company Creades. He was born in Solna on 30 November 1943 and studied economics at Stockholm University. He comes from the noble Hagströmer family and has been its head since 1998. His father was a cousin of Raoul Wallenberg, and Hagströmer later honored that family link through his charity work.

Hagströmer learned the investment trade as a portfolio manager, first at Gränges AB from 1969 to 1973 and then at Investor from 1973 to 1980. In 1981 he started his own firm, Sven Hagströmer Fondkommission AB, which later grew into the commercial bank Hagströmer & Qviberg, known as HQ Bank. Swedish TV viewers also know him as one of the investors on the local version of Dragons' Den, which Forbes compares to Shark Tank.

How Sven Hagströmer made his money

His fortune comes from building and backing financial businesses. He founded the online broker Avanza, now known as Avanza Bank, and serves as chairman of its board. He is also founder and chairman of Creades, a publicly traded investment company. Creades took shape in 2012, when HQ Bank's main holding, Investment AB Öresund, was split in two and he and partner Mats Qviberg went separate ways.

Creades has made some well timed bets. Forbes says it was one of the first investors in payments company Klarna, putting money in as early as 2007, and sold its stake in 2014. Forbes counts Hagströmer as self-made, since his wealth grew from the firms he started rather than from family money, even though he comes from an old noble line.

How Forbes has valued Sven Hagströmer

Forbes first put Hagströmer on its World's Billionaires List in 2022 at $1.2 billion. His fortune dipped to $1 billion in 2023, right at the line, and he was absent from the following year's list. He came back in 2025 at $1.2 billion and rose to $1.3 billion on the 2026 list.

As of October 20, 2026, Forbes' real-time billionaires tracker showed $1.4 billion, his highest figure so far. Away from business he is active in social causes. He cofounded the Raoul Wallenberg Academy in 2012, which teaches young people about human rights, started the AllBright foundation in 2011 to get more women into top business jobs, and cofounded the publisher Fri Tanke in 2007 with Björn Ulvaeus and Christer Sturmark.