Salvatore Grimaldi (Italian: [salvaˈtoːre ɡriˈmaldi]; Swedish pronunciation: [salvaˈtôːrɛ ɡrɪˈmǎldɪ]; born 25 May 1945) is a Swedish entrepreneur and speaker. He is a former chairman of the business-owners association Företagarna and the CEO of Grimaldi Industri AB.[1]

Salvatore Grimaldi
Salvatore Grimaldi in 2013
Born25 May 1945
OccupationEntrepreneur
Years active1970-present

Early life

edit

Salvatore Grimaldi was born in Taranto, Italy, in 25 May 1945. He migrated from Italy to Västerås, Sweden, with his parents in the early 1950s.[1] His mother came to Sweden to visit her brothers, who had found work at a company called ASEA. She found Sweden to be such a beautiful country that she decided to stay.[2]

Career

edit

After working at Volvo, Grimaldi founded a grind mill in his own garage in Köping in 1970. In 1982, he started acquiring companies, including Bianchi, Monark, Crescent and Stiga. He then restructured these companies and sold off portions of the companies that did not contribute to his business objectives. Grimaldi ultimately acquired substantial wealth from these transactions.[1]

Personal life

edit
 
Villa Geber, Grimaldi's home since 2001

In 2001, Grimaldi received attention from local media when he bought Villa Geber in Diplomatstaden, Stockholm for around 70 million Swedish kronor.[3] At the time, Villa Geber was one of the most expensive private homes in Sweden.[3] On July 1, 2002, he presented an episode of the Sveriges Radio show Sommar i P1.[4] Grimaldi was the chairman of Sweden's largest business owners organisation Företagarna between 2004 and 2006. He is also the chairman of Italienska Handelskammaren, Accademia Italiana della Cucina, Direct Försäkringsmäklarna Västerås.[5] In 2004, Grimaldi was awarded an Honorary Doctorate at Mälardalens College.[6] In 1988, he was awarded the Royal Patriotic Society's Business Medal for his entrepreneurship and his work contributing to important progress of Swedish businesses.[7] In 2011, Network Europe named Grimaldi "[t]he richest immigrant in Sweden", noting that his assets were valued at 1.6 billion SEK.[8]

References

edit
  1. ^ a b c Kristoffer Törnmalm. ""Cykelkungen" har sitt Italien i hjärtat". SvD.se. Archived from the original on 4 March 2016. Retrieved 14 October 2015.
  2. ^ "Salvatore Grimaldi: Mor hade sju syskon som kom hit – vi skapade ett Little Italy i Västerås". DN.SE. Archived from the original on 13 February 2016. Retrieved 18 October 2015.
  3. ^ a b Dagensps Salvatore Grimaldi dagensps.se Retrieved 14 October 2015 Archived 12 June 2008 at the Wayback Machine
  4. ^ Sveriges Radio. "Salvatore Grimaldi 2002". sverigesradio.se. Archived from the original on 22 February 2016. Retrieved 14 October 2015.
  5. ^ "Salvatore Grimaldi talar på MDH". mdh.se. Archived from the original on 26 December 2016. Retrieved 14 October 2015.
  6. ^ "MDH:s hedersdoktorer". mdh.se. Archived from the original on 19 August 2014.
  7. ^ "Salvatore Grimaldi". herbertfelixinstitutet.se. Archived from the original on 4 March 2016.
  8. ^ "The richest immigrant in Sweden". Archived from the original on 4 March 2016. Retrieved 18 October 2015.
edit

  Media related to Salvatore Grimaldi at Wikimedia Commons