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Antti Herlin

Antti Herlin

A. Herlin
0.21% | + $9.50M
$4.49 B ₹ 40,821 Cr
Real Time Net Worth #936 Ranking as of 21 Feb 2026 By Forbes

More on Antti Herlin

Gender

Male

Age

69Y

Country

Finland

Born On

November, 1956

Deceased

No

Relationship Status

Married

Children

4

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

KONE Corporation

Titles

Chairman

Sources of Wealth

KONE Corporation

Industry

Manufacturing, Engineering, Construction

About Antti Herlin


A ntti Herlin is a Finnish billionaire and the chairman of KONE Corporation, a global leader in the elevator and escalator industry. He is the great-grandson of Harald Herlin, who purchased the company in the 1920s. Antti has been the driving force behind KONE's transformation from a traditional industrial company into a modern, technology-focused global giant.

He took over the leadership of the family-controlled company in the 1990s and served as its CEO before becoming chairman. Under his stewardship, KONE has become renowned for its innovation, particularly in energy-efficient elevators and the use of digital technology for smart building solutions and predictive maintenance. Herlin orchestrated a complex restructuring of the family's holdings, which resulted in him gaining a controlling stake in KONE, a move that caused friction within the family but secured his vision for the company's future. He is consistently ranked as the richest person in Finland.

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Quick Reads


  • Chairman and controlling shareholder of KONE, a global leader in elevators and escalators.
  • The richest person in Finland.
  • Great-grandson of Harald Herlin, who acquired the company in the 1920s.
  • Transformed KONE into a technology leader in its industry.
  • Gained his controlling stake through a controversial family inheritance restructuring.

Early Life and Background


Born in 1956, Antti Herlin is a Finnish billionaire and the largest single shareholder of Kone Corporation (KONE), the world-leading elevator and escalator company. He is the fourth generation of the Herlin family to hold a controlling stake in the company, whose history as an industrial giant dates back to 1910.

Antti's background is one of generational responsibility and high-level industrial management. He was educated with a degree in Economics and has been intimately involved in the company's executive core for decades. His life was defined by a complex family inheritance situation in the late 1990s and early 2000s, where he ultimately secured the controlling interest in the company from his siblings. This pivotal moment transformed him into the sole primary steward of the Herlin dynasty's wealth and the long-term vision for KONE, a company that moves hundreds of millions of people daily.

Career Journey of Antti Herlin


Antti Herlin’s career at KONE is a story of continuous, long-term strategic leadership. He joined the company's Board of Directors in 1991, and over the next two decades, he moved through the executive ranks, serving as CEO from 1996 to 2006 and then as Executive Chairman from 2006 to 2021. This continuous tenure at the helm ensured KONE maintained its focus on innovation and global market share.

Under his leadership, KONE successfully navigated the industrial market by focusing on maintenance, modernization, and technological advancement, particularly the development of 'smart' elevators and escalators that emphasize efficiency and safety. His control of the company is secured through his holding vehicle, Security Trading Oy, which controls over 56% of the shares and 57% of the voting rights. Herlin has successfully resisted pressure for short-term gains, instead prioritizing long-term, capital-intensive investments in technology, cementing KONE's position as a dominant, indispensable global industrial leader.

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Antti Herlin's Timeline


1956:

Born.

1991:

Joins the KONE Board of Directors.

1996–2006:

Serves as CEO of KONE Corporation.

c. 2000s:

Secures controlling interest in KONE after a family inheritance dispute.

2003:

Appointed Chairman of the Board of KONE.

2006–2021:

Serves as Executive Chairman of the Board.

Ongoing:

Remains the largest shareholder through his holding company, Security Trading Oy.

Major Business Ventures and Investments


Antti Herlin’s wealth is concentrated in his controlling stake in Kone Corporation (NASDAQ: KNEBV) and his highly strategic, diversified private investment vehicle.

  • KONE Corporation (Chairman of the Board & Largest Shareholder): The core asset, a global leader in elevator and escalator manufacturing, installation, and maintenance. KONE is known for pioneering technologies like the UltraRope, a lightweight carbon fiber hoisting technology.
  • Security Trading Oy: Herlin’s private holding company through which he and his children exercise controlling influence over KONE.
  • Oras Invest Oy: A significant Finnish investment company where Herlin holds a board position, ensuring his influence and capital diversification across other stable Nordic industrial holdings.
  • Other Investments: His investment portfolio is managed for long-term growth and stability, often focusing on technology and industrial innovation in Finland and globally.

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Philanthropy and Social Impact


Antti Herlin’s social impact is massive and inherent in KONE’s global mission: providing safe, smooth, and sustainable mobility in urban environments. KONE's technology is vital to the functioning of modern, dense cities, moving hundreds of millions of people daily with high safety standards, making it a critical piece of global urban infrastructure.

His personal philanthropy is often directed toward arts, culture, and environmental causes, reflecting a core Nordic commitment to public good. His business philosophy prioritizes long-term investments in R&D, which has a positive structural impact on global energy consumption by making vertical transport more efficient. His success in maintaining the stability and long-term vision of KONE ensures continued high-value employment and technological advancement in Finland.

Fashion, Style, and Lifestyle


Antti Herlin maintains the distinctively reserved, efficient, and understated style of a powerful Finnish industrialist. His attire is consistently high-quality, practical, and devoid of unnecessary ostentation, favoring classic business suits and neutral colors. His aesthetic reflects the core Nordic values of humility, engineering, and functional excellence.

His lifestyle is centered on Finland, maintaining his deep connection to the country despite his global industrial reach. His luxury is the strategic control he wields over a global, publicly traded industrial giant, a position he commands with quiet authority. His wealth affords him immense privacy and the freedom to pursue long-term industrial projects, ensuring KONE’s dominance in the essential technology of modern urban mobility.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the largest single shareholder of KONE Corporation.
  • His family’s wealth is rooted in the elevator company, founded in 1910.
  • He was embroiled in a complex family dispute to secure controlling interest in the company from his siblings.
  • KONE is known for pioneering the UltraRope, a super-lightweight carbon fiber hoisting technology.
  • His holding company, Security Trading Oy, controls over 57% of KONE’s voting rights.
  • He served as both CEO and Executive Chairman of KONE for over two decades.
  • He holds degrees in Economics.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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