Age, Biography and Wiki

Erik Penser was born on 22 August, 1942 in Eslöv, Sweden, is a Swedish financier and businessman (born 1942). Discover Erik Penser's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 81 years old?

Popular As N/A
Occupation Financier
Age 81 years old
Zodiac Sign Leo
Born 22 August, 1942
Birthday 22 August
Birthplace Eslöv, Sweden
Nationality Sweden

We recommend you to check the complete list of Famous People born on 22 August. He is a member of famous businessman with the age 81 years old group.

Erik Penser Height, Weight & Measurements

At 81 years old, Erik Penser height not available right now. We will update Erik Penser's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Erik Penser Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Erik Penser worth at the age of 81 years old? Erik Penser’s income source is mostly from being a successful businessman. He is from Sweden. We have estimated Erik Penser's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income businessman

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Timeline

1942

Nils Wilhelm Erik Penser (born August 22, 1942) is a Swedish financier and businessman.

Penser was born in Eslöv, Sweden, the son of Wilhelm Penser, a lawyer, and Elisabeth (née Herrmann).

After having studied law at Lund University, Erik Penser commenced a career as a stockbroker at Bankirfirman Langenskiöld, which later became Carnegie Investment Bank.

Together with Tomas Fischer he worked intensively to develop the firm's business, laying the foundation for his private wealth.

Penser's strategy was risky; he bought shares, used them as collateral and borrowed even more money to leverage his holdings.

Eventually he gained the controlling interest of several large companies on the Stockholm Stock Exchange.

1976

Erik Penser resides, since 1976, in Compton Beauchamp, England.

Erik Penser is known as a distinguished collector, collecting – amongst many objects – old share certificates, film posters, magazines and bank notes.

1980

During the 1980s Penser was one of Sweden's most influential businessmen.

Through his holding company, Yggdrasil, he controlled both Nobel Industrier and Finans AB Gamlestaden.

1990

His massive financial leverage and the harsh business environment experienced during the Swedish banking crisis in 1990–1994 forced Penser to cease control of his holdings, which were sold to Nordbanken (which became Nordea) for the symbolic sum of SEK 1 each.

At a press conference Björn Wahlström, the chairman of Nordbanken, said that Erik Penser was 'destitute and finished as a businessman'.

The transaction resulted in a prolonged legal dispute between Penser and Nordbanken.

1992

In 1992 Penser regained control of Yggdrasil, the consideration was once again SEK 1.

The vice Chairman of Nordbanken, Jacob Palmstierna, admitted that Penser had been under extreme pressure when he was forced to sign the agreement with Nordbanken.

Since then Penser has rebuilt an estimated net worth of SEK 1 billion, with interests in both Sweden and abroad.

In Sweden, his main holdings includes Erik Penser Bankaktiebolag, with activities in corporate finance, trading, research and private wealth management and Pensum, an insurance and pension advisory firm.