Friday, June 20, 2008

Kone heirs dominate Finnish shareholders' ranking

Finnish business weekly Arvopaperi reported Thursday that four of the country's top ten portfolios of Helsinki-listed shares were held by members of the Herlin family, of lift and escalator maker Kone fame.

Two top ten positions are taken up by descendants of Eero Erkko, the founder of Helsingin Sanomat, the country's biggest broadsheet.
According to Arvopaperi's survey, 25 Finns have portfolios worth more than 100 million euros, up from eight five years ago.

Antti Herlin, the chairman of Kone, tops the list with a 1.42-billion-euro portfolio, the only one in the top ten to have risen in value last year.

No comments: