Age, Biography and Wiki
Ulf Sundqvist was born on 22 February, 1945 in Finland, is a Finland politician (1945–2023). Discover Ulf Sundqvist'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 78 years old?
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Age |
78 years old |
Zodiac Sign |
Pisces |
Born |
22 February, 1945 |
Birthday |
22 February |
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Date of death |
22 April, 2023 |
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Nationality |
Finland
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We recommend you to check the complete list of Famous People born on 22 February.
He is a member of famous politician with the age 78 years old group.
Ulf Sundqvist Height, Weight & Measurements
At 78 years old, Ulf Sundqvist height not available right now. We will update Ulf Sundqvist's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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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.
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Not Available |
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Not Available |
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Not Available |
Ulf Sundqvist Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Ulf Sundqvist worth at the age of 78 years old? Ulf Sundqvist’s income source is mostly from being a successful politician. He is from Finland. We have estimated Ulf Sundqvist'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 |
politician |
Ulf Sundqvist Social Network
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Timeline
Ulf Ludvig Sundqvist (22 February 1945 – 22 April 2023) was a Finnish politician who served as chairman of the Social Democratic Party of Finland, a minister in four cabinets in the 1970s and a banker in the 1980s.
Sundqvist was elected into the Parliament in 1970 and served as the Minister of Education in three cabinets between 1972 and 1975.
He was the Minister of Trade and Industry from 1979 to 1981.
However, STS was drawn into reckless lending in the late 1980s, and with the early 1990s recession in Finland, STS was bailed out by the government and sold at a loss to KOP.
Although Sundqvist was personally involved in some minor financial irregularities, the main thrust of the accusations against him was rooted in his incompetent management and reckless lending practices.
Sundqvist left the parliament in 1983 and worked as the manager of STS Bank from 1982 to 1991.
Sundqvist was elected chairman of the SDP in November 1991, and he was replaced by Paavo Lipponen in June 1993.
In 1993, Sundqvist was accused of fraud (charges he was later cleared of) and he had to resign as the chairman.
In a civil trial, he was held financially responsible for the demise of STS, and was ordered to pay damages.
However, he shirked this by intentionally keeping multiple credit accounts overdrawn.
As a result, he was convicted of aggravated debtor's dishonesty.
He was sentenced to pay back 16.4 million markkaa, but only 1.2 million mk were recovered.
He also received a six months suspended prison sentence.
Arja Alho used her authority as the second minister of finance to lower Sundqvist's financial liabilities in 1997, which led to her resignation.
Later, Sundqvist was an entrepreneur and a management consultant.
He had his own company, Navinor Oy, and he worked as a senior consultant at Kreab Gavin Anderson.
A smoker for 40 years, Sundqvist suffered a heart attack in Stockholm in 2004.
At the age of 61, he was diagnosed with oral cancer.
In 2007, a benign brain tumour (unrelated to the cancer) was found.
Ulf Sundqvist died on 22 April 2023, at the age of 78.