E lisabeth von Korff-Douglas is a Swedish noblewoman and businesswoman who is an heir to the powerful Douglas family fortune. She is the daughter of the late Count Gustaf Douglas, a prominent Swedish investor and the founder of the investment company Latour. Her father built a massive fortune through long-term, strategic investments in major Swedish industrial and security companies.
Elisabeth, along with her brother Carl, inherited the family's controlling stake in Latour after their father's passing. Latour is a publicly traded investment company with a significant portfolio that includes major holdings in the security services giant Securitas, the lock manufacturer Assa Abloy, and the tool maker Latour Industries. Elisabeth serves on the board of Latour, helping to steer the family's vast investment empire and continue the long-term, industrial ownership philosophy established by her father.
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Elisabeth Douglas is a Swedish billionaire heir and the widow of industrialist Gustaf Douglas (d. 2023). Her immense fortune is rooted in her family's wealth (she was born von Essen, from nobility) and the major controlling stake she holds in the investment firm Investment AB Latour (STO: LATO B).
Her late husband, Gustaf Douglas, acquired a controlling stake in a struggling Swedish security firm in 1985, transforming it into the successful conglomerate Investment AB Latour. The Douglas family remains the largest shareholder of Latour, which holds controlling stakes in companies like Assa Abloy (the world's largest lock producer) and Securitas AB. Elisabeth's role is one of generational stewardship, ensuring the long-term governance and financial stability of the family's assets, which span investments, security, and real estate (the family is one of the largest landowners in Sweden).
Elisabeth Douglas's career is defined by her role as a major family shareholder and steward of the Investment AB Latour empire. Her late husband's investment philosophy was one of long-term, patient ownership and active governance—a typical strategy of Swedish industrialists. This approach successfully created immense value in industrial and security sectors.
She and her two sons, Carl Douglas and Eric Douglas (both of whom are billionaires and hold executive roles in the family companies), now govern the Latour empire. Her wealth is secured by the company's vast portfolio of industrial and security holdings, which generate massive, stable returns. Her family's noble heritage is also tied to real property, with her son Eric inheriting the Stjernorp Castle, built by a Scottish immigrant ancestor in the 1650s.
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Her husband, Gustaf Douglas, acquires a controlling stake in a struggling firm, forming Investment AB Latour (Founding).
The family guides Latour's acquisition strategy, securing stakes in Assa Abloy and Securitas AB (Strategic Growth).
Her husband, Gustaf Douglas, passes away; Elisabeth assumes the role of family matriarch and steward (Succession).
Continues as a major family shareholder, guiding the multi-billion dollar investment empire (Executive Oversight).
Elisabeth Douglas's wealth is concentrated in her family's controlling equity stake in the publicly traded investment firm, Investment AB Latour (STO: LATO B).
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Elisabeth Douglas's social impact is structural, stemming from Investment AB Latour's role in providing security solutions (Assa Abloy, Securitas) and creating thousands of stable industrial jobs globally. The family's vast land holdings ensure sustainable management of large portions of the Swedish landscape.
Her personal philanthropy supports various cultural and community initiatives, often tied to her noble heritage and her commitment to long-term industrial stability and governance in Sweden.
Elisabeth Douglas maintains the discreet, highly refined style of a Swedish noble and industrial matriarch. Her attire is professional and elegant, favoring high-quality, classic wear. Her aesthetic reflects the stability and traditional authority of her long-standing family heritage and immense wealth.
Residing in Stockholm, Sweden, her luxury is the immense security and autonomy derived from her multi-billion dollar fortune. Her life is dedicated to the stewardship of her family's industrial and noble legacy, rooted in the long-term, patient ownership of essential Swedish industrial assets.
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-2.16% | -$88.00M
+0.21% | +$25.03M
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
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