S ven Hagströmer is a self-made Swedish billionaire who is a major figure in the country's financial industry. He is the founder and chairman of the investment company, Creades. He is most famous for co-founding the online stock brokerage firm, Avanza, in 1999. Avanza was a pioneer in the Swedish market, offering low-cost online share trading to retail investors, a model that radically disrupted the traditional banking industry. The company became a massive success and is now one of the largest online brokers in Sweden.

After his success with Avanza, he has focused on his investment company, Creades, which has a diversified portfolio of stakes in a wide range of public and private companies. He is known for his long-term, value-oriented investment philosophy and for being a vocal advocate for entrepreneurship and shareholder rights in Sweden. He is a prominent and highly respected figure in the Swedish business and financial community.