
For much of the 20th century, Sweden enjoyed a justifiable reputation as one of Europe’s most egalitarian countries. Yet over the past two decades, it has transformed into what journalist and author Andreas Cervenka calls a “paradise for the super-rich”.
Today, Sweden has one of the world’s highest ratios of dollar billionaires, and is home to numerous “unicorn” startup companies worth at least US$1 billion (£742 million), including the payment platform Klarna and audio streaming service Spotify.