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Erik Selin

Erik Selin

E. Selin
0.26% | + $12.62M
$4.91 B ₹ 44,685 Cr
Real Time Net Worth #850 Ranking as of 21 Feb 2026 By Forbes

More on Erik Selin

Gender

Male

Age

59Y

Country

Sweden

Born On

January, 1967

Deceased

No

Relationship Status

Unknown

Children

4

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Fastighets AB Balder

Titles

Founder & CEO

Sources of Wealth

Fastighets AB Balder

Industry

Real Estate, Investments

About Erik Selin


E rik Selin is a Swedish self-made real estate billionaire and the founder and CEO of Fastighets AB Balder, one of the largest property companies in the Nordic region. He began his investment career at a young age, buying his first apartment building when he was in his early 20s. He has since built a massive real estate empire from the ground up.

He founded Balder and has grown it through a relentless strategy of acquiring residential and commercial properties across Sweden and in other Nordic countries. He is known for his sharp deal-making skills and his deep understanding of the property market. In addition to his primary real estate holdings in Balder, he is also a major shareholder in a number of other companies, particularly in the financial sector, including a significant stake in the Swedish collector and credit management company, Collector Bank.

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Quick Reads


  • Founder and CEO of the major Swedish real estate company, Balder.
  • A self-made billionaire, he bought his first property in his early 20s.
  • Balder is one of the largest real estate companies in the Nordic region.
  • Has a large portfolio of residential and commercial properties.
  • Also a major investor in the financial sector, with a large stake in Collector Bank.

Early Life and Background


Erik Selin is a Swedish businessman, the self-made billionaire CEO and controlling owner of Fastighets AB Balder (STO: BALD B), one of the largest and most prominent property developers in Sweden and the Nordic region. Born in 1967, his career is rooted in real estate investment and development.

Selin's strategic vision was audacious: focus on acquiring, developing, and managing a massive, diversified portfolio spanning residential, commercial, and urban properties across Scandinavia and Northern Europe. His philosophical approach emphasizes local management, customer satisfaction, and long-term asset hold, a commitment that defined his massive empire.

Career Journey of Erik Selin


Erik Selin founded Fastighets AB Balder in 1999 (operational since 2005). His growth strategy focused on aggressive expansion across Sweden, Denmark, Finland, Norway, Germany, and the U.K. Balder's portfolio grew to include both residential properties and key commercial/urban projects, including major stakes in the development of the Karlatornet (a landmark skyscraper in Gothenburg).

Under his leadership as CEO and controlling owner, Balder became one of Sweden's largest hotel owners (owning 50 hotels) and achieved a market valuation in the billions of euros. Selin maintains a vast network of investments beyond property, serving as Chairman of Norion Bank (formerly Collector AB) and SATO Oyj. His wealth is secured by the colossal, appreciating value of the highly diversified real estate portfolio he controls.

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Erik Selin's Timeline


1999:

Founds Fastighets AB Balder (Founding).

2000:

Works at GE Capital, helping found its Swedish real estate investment business (Formative Career).

2004:

Balder executes its successful IPO on the Stockholm Stock Exchange (Financial Milestone).

Ongoing:

Balder expands to manage over 673 properties and 50 hotels (Growth Milestone).

Ongoing:

Serves as CEO and Controlling Owner, guiding the industrial real estate empire (Executive Leadership).

Major Business Ventures and Investments


Erik Selin's wealth is concentrated in his founding and controlling ownership of the publicly listed real estate giant, Fastighets AB Balder (STO: BALD B).

  • Fastighets AB Balder (Founder, CEO & Controlling Owner): The core asset, a dominant property developer and manager across the Nordic region and Northern Europe, specializing in residential, commercial, and hotel properties.
  • Financial Institutions: He is Chairman of Norion Bank (banking/credit) and holds major stakes in other publicly listed companies.
  • Hotel Ownership: Balder is one of Sweden's largest hotel owners (owning 50 hotels).
  • Investment Strategy: His philosophy is built on local management, long-term asset hold, and strategic real estate diversification.

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Philanthropy and Social Impact


Erik Selin's social impact is structural, stemming from Balder's role in providing essential residential and commercial infrastructure across Sweden and the Nordic region. The company provides housing and commercial space for thousands of tenants and businesses.

His personal philanthropy supports various educational, cultural, and community initiatives, including major funding for the Gothenburg School of Business, Economics and Law (his alma mater). His commitment to sustainability is a core focus of Balder's development and management strategy.

Fashion, Style, and Lifestyle


Erik Selin maintains the professional, composed style of a Swedish real estate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and confident authority, reflecting his decades of mastery in the complex property market.

Residing in Gothenburg, Sweden, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is defined by his commitment to disciplined investment, long-term asset hold, and the continuous growth of his massive real estate portfolio.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the CEO and controlling owner of Fastighets AB Balder.
  • He is one of Sweden's largest hotel owners (owning 50 hotels).
  • He founded the company in 1999.
  • He is the Chairman of Norion Bank (formerly Collector AB).
  • His portfolio includes a major stake in the development of the Karlatornet skyscraper in Gothenburg.
  • He worked at GE Capital before founding Balder.
  • His wealth is tied to the successful consolidation of the Nordic residential and commercial property sectors.

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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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