Of Elevators and Cows: Finland’s Top Billionaire

Antti Herlin, Finland’s biggest billionaire, stands out on Forbes’ 2015 Top Billionaire List because he is no ordinary guy. His source of wealth is not something mundane, such as real estate or the stock market, but the ever-more-sexy vertical-transportation industry. As chairman of KONE, Herlin is credited with growing the company through calculated acquisitions and technological innovation, particularly during his tenure as CEO from 1996-2006. Herlin’s grandfather bought KONE shares in 1924, and Herlin’s father changed his will to pass the reins to Herlin — rather than his siblings — upon seeing his skill at growing the company. With assets valued at US$3.6 billion, the 58-year-old chairman is not only involved in the elevator business, but also is a breeder of champion Hereford beef, raised on the family farm at Thorsvik Manor in Kirkkonummi, Finland.

The Herlin family's champion Hereford cattle graze in the pasture on the farm at Thorsvik Manor.

The Herlin family’s champion Hereford cattle graze in the pasture on the farm at Thorsvik Manor.

 

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