Swedish businessmanFredrik Lundberg comes with an estimated net worth of $3.8 billion as of May 2015 according to Forbes. He is considered by Forbes as Sweden’s ninth wealthiest man. Fredrik Lundberg was born onAugust 5, 1951 inNorrkping,Sweden. Fredrik is an alumnus ofStockholm School of Economics. Now located in Stockholm, Lundberg is currently married with two kids. After his father’s death, Fredrik inherited the controlling position of his father in the company. Presently, his father serves as the Chief Executive Officer and President of the business. Beginning as a construction company, L E Lundbergforetagen ABbecame a diversified holding company that holds interests in investments and property management. Fellow billionaire Carl Bennett is sitting on the business’s board since 2009. His two daughters, Katarina and Louise also sit on the board.