Roger Akeliusfounder of Akelius Residential Property and major shareholder in Castellum, owns according to Today’s industry a fortune of approximately SEK 100 billion. Of this sum, SEK 95 billion is allocated to charitable foundations, while the remaining SEK 5 billion is managed through a foundation intended for himself and his heirs.
In an interview with DI, Akelius summarizes the success recipe for getting rich:
– Learn to count, think long-term and live long, he states.
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Therefore, you should NOT invest in Volvo
In addition to the wise advice, Akelius tells what Swedish investors should avoid in order to achieve financial success. The Volvo Cars share, which is owned by over 105,000 Swedes at Avanza, is one of the investments that the 78-year-old does not believe in.
– Volvo is said to be good for Sweden. But how strong will Volvo Cars be in the global competition in 10, 15 years? Is it even left? The big German car brands are already trembling before mass production from China, he tells DI.
Akelius also believes that investors should avoid startups, bonds, funds and financial instruments.
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