He was born in the year 1927. Palme was born into an upper class, conservative Lutheran family in the Östermalm district of #Stockholm#. The progenitor of the Palme family was skipper Palme Lydert of Ystad of either Dutch or German ancestry. His sons adopted the surname Palme. Many of the early Palmes were vicars and judges in Scania. One branch of the family, of which Olof Palme was part, and which became more affluent, relocated to Kalmar; that branch is related to several other prominent Swedish families such as the Kreugers, von Sydows and the Wallenbergs. On a scholarship, he studied at Kenyon College, a small liberal arts school in central Ohio from 1947 to 1948, graduating with a Bachelor of Arts degree. After a successful career as a student leader, he became secretary to Erlander, the then Swedish Social Democratic prime minister. He has been a member of the Swedish Cabinet since 1963, he was at first appointed as Minister of Transport and later as the minister of Education. In the year 1969, he succeeded Erlander as prime minister of sweden.
He lost the 1976 elections, which led to the ending the Social Democrats 44-year rule. In 1982 and 1985, Palme was re-elected prime minister after their success in the elections, but this time their government was the minority government.
In February of the year 1986, Olf Palme was shot dead while he was exiting a cinema. The issue of his murder has not yet been fully resolved. Initially, there were rumors that the Kurdistan Workers' Party (PKK) was involved in the assassination, but this soon became untrue.[1]