E ric Douglas is a Swedish nobleman and a key figure in his family's investment company, Wasatornet. His father is Count Gustaf Douglas, a highly respected and successful long-term investor. The family's fortune is primarily derived from their controlling stake in the publicly traded investment firm, Latour.

Latour has a diversified portfolio with major holdings in the security services giant Securitas, the lock manufacturer Assa Abloy, and a number of wholly-owned industrial businesses. Eric, along with his siblings, inherited the family's vast wealth and plays a key role in its management. He serves as the CEO of the family's private investment vehicle, Wasatornet, and sits on the board of Latour, ensuring the continuation of the family's long-term, industrial ownership philosophy.