Håkan Hellström's Sold-Out Concerts Boost Financial Portfolio
Håkan Hellström's recent sold-out concerts and investment portfolio highlight his financial success.
Key Points
- • Håkan Hellström's concerts at Ullevi were sold out, indicating strong demand.
- • His company Tro och tvivel AB earned 47.5 million SEK in 2023, down from 87 million SEK in 2022.
- • Hellström's portfolio includes major holdings in Volvo and Swedish Orphan Biovitrum.
- • He achieved a 90.5% return on Alleima but faced a 95% loss on Viaplay.
Håkan Hellström recently celebrated tremendous success with his sold-out concerts at Ullevi in Gothenburg. These events, not only a musical triumph, significantly bolstered his financial standing as well. His concert operations are managed through Tro och tvivel AB, which reported revenues of 47.5 million SEK for 2023, down from 87 million SEK in 2022.
Hellström's investment portfolio comprises an impressive 41 companies that together are valued at 56.7 million SEK. His largest investments are in Volvo and Swedish Orphan Biovitrum, a company focused on rare disease treatments. Meanwhile, despite a notable 13% loss from Atlas Copco, his most striking financial feat comes from investing in Alleima, which has seen a staggering 90.5% return since Hellström acquired shares following its spin-off from Sandvik. Conversely, his venture into Viaplay has resulted in a significant setback with a 95% loss.
As part of his ongoing business strategy, Hellström recently sold shares in Telia and Tele2 while increasing investments in companies like SKF, Lagercrantz, and Sandvik. With his next concert scheduled for June 13, 2023, expectations are high for another lucrative event that could potentially enhance his portfolio even more.