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{{Short description|Swedish family prominent in banking and industry}}
{{short description|Swedish family prominent in banking and industry}}
{{Use dmy dates|date=October 2023}}
{{Use dmy dates|date=October 2023}}


The '''Wallenberg family''' is a prominent Swedish family renowned for its significant influence in the fields of banking, industry, and politics. The family has been instrumental in shaping the economic landscape of Sweden and has a legacy that spans over a century.
[[File:Raoul_Wallenberg_memorial_London.jpg|thumb|right|Raoul Wallenberg memorial in London]]
 
The '''Wallenberg family''' is a prominent Swedish family renowned for its influence in banking, politics, and industry. The family has played a significant role in the economic development of Sweden and has been involved in various philanthropic activities.


==History==
==History==
The Wallenberg family's rise to prominence began in the 19th century with [[André Oscar Wallenberg]], who founded the [[Stockholms Enskilda Bank]] in 1856. This bank laid the foundation for the family's future financial empire. André Oscar Wallenberg was not only a banker but also a politician and a journalist, which helped him establish a network of influence across various sectors.
The Wallenberg family's history dates back to the 19th century when [[André Oscar Wallenberg]] founded the [[Stockholms Enskilda Bank]] in 1856. This marked the beginning of the family's involvement in banking and finance, which would grow to encompass a wide range of industries.


===20th Century Expansion===
===Founding and Early Years===
In the 20th century, the Wallenberg family expanded their influence through strategic investments and leadership in major Swedish companies. The family is known for its involvement in companies such as [[Ericsson]], [[ABB]], [[Electrolux]], and [[SKF]]. The Wallenberg sphere of influence is often referred to as the "Wallenberg sphere," which includes a significant portion of Sweden's industrial and financial sectors.
[[File:AOWallenberg.jpg|thumb|left|André Oscar Wallenberg]]
André Oscar Wallenberg, a naval officer turned banker, established the Stockholms Enskilda Bank, which laid the foundation for the family's future endeavors. His innovative approach to banking and finance set the stage for the family's expansion into various sectors.


[[File:Marcus Wallenberg (1899–1982).jpg|thumb|right|Marcus Wallenberg (1899–1982), a key figure in the family's business empire.]]
===Expansion and Influence===
[[File:KnutWallenberg.jpg|thumb|right|Knut Wallenberg]]
Under the leadership of [[Knut Wallenberg]], the family expanded its influence in the early 20th century. Knut, who served as the Swedish Minister for Foreign Affairs, was instrumental in the family's involvement in international finance and diplomacy.


===Key Figures===
===Modern Era===
Several members of the Wallenberg family have played pivotal roles in the family's business empire:
[[File:MarcusWallenberg3.jpg|thumb|left|Marcus Wallenberg (1899–1982)]]
In the modern era, the Wallenberg family has continued to play a pivotal role in Swedish industry and finance. Members of the family have held key positions in major Swedish companies and have been involved in various philanthropic efforts.


* '''[[Marcus Wallenberg (1899–1982)]]''': Known for his leadership in expanding the family's industrial interests, Marcus was instrumental in the development of [[Saab AB]] and [[Scania AB]].
==Notable Members==
* '''[[Jacob Wallenberg (born 1956)]]''': A contemporary leader in the family, Jacob Wallenberg serves as the chairman of [[Investor AB]], the family's investment company.
* '''[[Peter Wallenberg Sr. (1926–2015)]]''': He was a key figure in maintaining the family's influence in the late 20th century, overseeing the diversification of their investments.


==Business Interests==
===Raoul Wallenberg===
The Wallenberg family controls a significant portion of Sweden's economy through their investment company, [[Investor AB]]. This company holds substantial shares in various multinational corporations, allowing the family to exert considerable influence over these entities.
[[File:Raoul_Wallenberg.jpg|thumb|right|Raoul Wallenberg]]
[[Raoul Wallenberg]] is perhaps the most internationally recognized member of the family. He is celebrated for his humanitarian efforts during [[World War II]], where he saved thousands of Jews from the Holocaust in [[Hungary]].


===Investor AB===
===Jacob Wallenberg===
[[Investor AB]] is the primary investment vehicle for the Wallenberg family. Founded in 1916, it has grown to become one of the largest investment companies in Europe. The company focuses on long-term ownership and development of its portfolio companies, which include major players in industries such as telecommunications, engineering, and healthcare.
[[File:Jacob_Wallenberg_(1892-1980).jpg|thumb|left|Jacob Wallenberg (1892–1980)]]
[[Jacob Wallenberg (1892–1980)]] was a prominent banker and industrialist. He played a significant role in the family's business ventures and was involved in the management of several key companies.


===Philanthropy===
===Marcus Wallenberg===
The Wallenberg family is also known for their philanthropic efforts. They have established several foundations that support research, education, and cultural initiatives. The [[Knut and Alice Wallenberg Foundation]] is one of the largest private financiers of research in Sweden, supporting projects in medicine, technology, and the natural sciences.
[[File:Marcus_wallenberg_1960-1969.jpg|thumb|right|Marcus Wallenberg (1899–1982)]]
[[Marcus Wallenberg (1899–1982)]] was another influential member of the family, known for his leadership in banking and industry. He was instrumental in the development of the [[Wallenberg sphere]], a network of companies controlled by the family.


==Influence and Legacy==
==Legacy==
The Wallenberg family's influence extends beyond business into the realms of politics and society. Their ability to navigate and shape the economic and political landscape of Sweden has made them a subject of study and admiration. The family's motto, "Esse non videri" ("To be, not to be seen"), reflects their preference for maintaining a low public profile while wielding significant power behind the scenes.
The Wallenberg family has left a lasting legacy in Sweden and beyond. Their contributions to banking, industry, and philanthropy have had a profound impact on the country's economic and social landscape.


==Related pages==
==Related Pages==
* [[Investor AB]]
* [[Stockholms Enskilda Bank]]
* [[Stockholms Enskilda Bank]]
* [[Knut and Alice Wallenberg Foundation]]
* [[Raoul Wallenberg]]
* [[Saab AB]]
* [[Knut Wallenberg]]
* [[Scania AB]]
* [[Marcus Wallenberg (1899–1982)]]
 
[[File:Grand_hotell_Saltsjöbaden_February_2013_02.jpg|thumb|left|Grand Hotel Saltsjöbaden, associated with the Wallenberg family]]


[[Category:Swedish families]]
[[Category:Swedish families]]
[[Category:Business families]]
[[Category:Wallenberg family]]
[[Category:Wallenberg family]]
[[Category:Swedish businesspeople]]

Latest revision as of 14:11, 21 February 2025

Swedish family prominent in banking and industry



Raoul Wallenberg memorial in London

The Wallenberg family is a prominent Swedish family renowned for its influence in banking, politics, and industry. The family has played a significant role in the economic development of Sweden and has been involved in various philanthropic activities.

History[edit]

The Wallenberg family's history dates back to the 19th century when André Oscar Wallenberg founded the Stockholms Enskilda Bank in 1856. This marked the beginning of the family's involvement in banking and finance, which would grow to encompass a wide range of industries.

Founding and Early Years[edit]

André Oscar Wallenberg

André Oscar Wallenberg, a naval officer turned banker, established the Stockholms Enskilda Bank, which laid the foundation for the family's future endeavors. His innovative approach to banking and finance set the stage for the family's expansion into various sectors.

Expansion and Influence[edit]

Knut Wallenberg

Under the leadership of Knut Wallenberg, the family expanded its influence in the early 20th century. Knut, who served as the Swedish Minister for Foreign Affairs, was instrumental in the family's involvement in international finance and diplomacy.

Modern Era[edit]

Marcus Wallenberg (1899–1982)

In the modern era, the Wallenberg family has continued to play a pivotal role in Swedish industry and finance. Members of the family have held key positions in major Swedish companies and have been involved in various philanthropic efforts.

Notable Members[edit]

Raoul Wallenberg[edit]

Raoul Wallenberg

Raoul Wallenberg is perhaps the most internationally recognized member of the family. He is celebrated for his humanitarian efforts during World War II, where he saved thousands of Jews from the Holocaust in Hungary.

Jacob Wallenberg[edit]

Jacob Wallenberg (1892–1980)

Jacob Wallenberg (1892–1980) was a prominent banker and industrialist. He played a significant role in the family's business ventures and was involved in the management of several key companies.

Marcus Wallenberg[edit]

Marcus Wallenberg (1899–1982)

Marcus Wallenberg (1899–1982) was another influential member of the family, known for his leadership in banking and industry. He was instrumental in the development of the Wallenberg sphere, a network of companies controlled by the family.

Legacy[edit]

The Wallenberg family has left a lasting legacy in Sweden and beyond. Their contributions to banking, industry, and philanthropy have had a profound impact on the country's economic and social landscape.

Related Pages[edit]

Grand Hotel Saltsjöbaden, associated with the Wallenberg family