A woman walks past a housing block in the Husby suburb of Stockholm, Sweden, in this April 7, 2014 file picture. REUTERS/Ints Kalnins
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The two daughters of Swedish industrialist Fredrik Lundberg have become billionaires as shares of the family's investment company climbed to a record high. Louise Lindh, 36, and Katarina Martinson, 35, each own a 14 percent economic interest in publicly traded Lundbergfoeretagen AB, according to the company's 2015 annual report. Shares of the Stockholm-based business have risen 28 percent in the past 12 months and matched their all-time high of 517.5 Swedish kronor ($61.08) The stock is in part benefiting from a rise in real estate values in Stockholm, where apartment prices have climbed 24 percent in the past year, according to researcher Real Capital Analytics Inc. Property made up about 40 percent of the company's 59 billion kronor of market-valued assets at the end of May.
FOLLOW THIS ARTICLE