Lars Magnus Ericsson Net Worth

Lars Magnus Ericsson was a Swedish entrepreneur and inventor born on May 5, 1846. He is best known for founding Ericsson, a telecommunications equipment company that is still in operation today. Ericsson's inventions revolutionized the telecommunications industry and his legacy continues to shape the industry today.
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Age, Biography and Wiki

Birth Day May 5, 1846
Birth Place Sweden
Age 173 YEARS OLD
Died On Dec 17, 1926 (age 80)
Birth Sign Taurus

💰 Net worth: $58.7 billion (2024)

Some Lars Magnus Ericsson images

About

Creator of Ericsson, the telephone equipment company.

Before Fame

His father died when he was 11, leaving young Lars alone with his mother and two sisters.

Trivia

He never saw telephones as a tool for the mass market. He always believed they would stay in the domain of the rich.

Family Life

He had long correspondences with his son with whom he was very close. These letters and memorandums were studied by biographers after his death.

Associated With

He and Henry Ford believed in paying a good wage to their employees in order to keep them productive and happy.