Sten Allan Olsson (28 October 1916 – 12 July 2013) was a Swedish

billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...

businessman, the founder, CEO and owner of

Stena Sphere The Stena Sphere consists of the three parent companies, Stena AB, Stena Sessan AB and Stena Metall AB, wholly owned by the Olsson family. Together they make up one of Sweden’s largest family-owned corporate groups. The group’s revenue is 96 b ...

. Sten Allan Olsson was born on 28 October 1916, on Donsö, in the Gothenburg archipelago, the son of a schooner owner and captain. He was educated at Ljungskile Folk High School, followed by a commercial college in

Gothenburg Gothenburg ( ; ) is the List of urban areas in Sweden by population, second-largest city in Sweden, after the capital Stockholm, and the fifth-largest in the Nordic countries. Situated by the Kattegat on the west coast of Sweden, it is the gub ...

. Olsson started a Gothenburg metals and rubber trading company in 1939, at the start of the Second World War, and moved into freight shipping. He founded the ferry company

Stena Line Stena Line is a Swedish Shipping line, shipping line company and one of the world's largest ferry operators. It services Denmark, France, Germany, the United Kingdom, Ireland, Latvia, the Netherlands, Poland, Finland and Sweden. Stena Line is a ...

in 1962, initially on the Gothenburg-Skagen route. He died on 12 July 2013. He married Birgit Andersson in 1944, and they had three children.

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1916 births 2013 deaths Businesspeople from Gothenburg Swedish businesspeople Swedish billionaires Olsson family {{Sweden-business-bio-stub