Hierta was born to a noble family in Uppsala, Sweden, as the son of Carl Didrik Hierta and Hedvig Johanna Schméer. He received his primary education at a private school and began his studies at Uppsala University in 1814, where he earned a Doctor of Philosophy and a Candidate of Law in 1821. In the same year he was employed as an unpaid trainee at the central government agency Bergskollegium, where he was promoted as a law clerk in 1825. In the mid-1820s, Hierta met Wilhelmina Fröding, his future wife. Although her family rejected his initial marriage proposal, they married in 1833 and together had five daughters. At the Riksdag of the Estates of 1823, Hierta served as a secretary at the Swedish House of Lords. At the following Estates Assembly, from 1828 to 1830, he was a representative of the nobility and also served as a law clerk. In the Riksdag, Hierta aligned himself with the liberal opposition critical of the conservative rule of King Charles XIV John. Hierta started writing for Conservationsbladet in 1823. He also wrote for the papers Argus from 1824 to 1826 and, sporadically, Stockholmsposten from 1826 to 1828. He started writing as a humourist, later as a news writer and political editorialist. In 1829, Hierta started the book publishing house Hiertas bokförlag. In 1830, Hierta founded the Aftonbladet newspaper, where he advocated for a republic, which is sometimes seen as the start of the Swedish republican movement. In 1839 Lars Johan Hierta founded a candle factory still active today by the name of Liljeholmens Stearinfabriks AB. Soon after 1840, Aftonbladet hired Swedish writer and feminist Wendela Hebbe, who became the first permanently-employed woman journalist at a Swedish newspaper. Hierta and Hebbe later had a son together. Both Hierta and Hebbe were socially active for liberal causes. At the time of his death, Hierta was one of the wealthiest persons in Sweden. After his death, his widow Wilhelmina Fröding Hierta donated 100,000 SEK to Stockholm University for the establishment of a professorship in economics, and later 400,000 SEK to the foundation Lars Hiertas minne whose mission was to "work freely and independently for human progress".