The Wallenberg family has actively worked in the service of enterprise since 1856 and supported research in Sweden since 1917. This page gives you an overall picture of the family's activities and values.

The Wallenberg family has actively worked to support enterprise and research in Sweden and internationally ever since André Oscar Wallenberg founded Stockholms Enskilda Bank (SEB) almost 160 years ago. Today, the fifth generation is continuing this tradition. The Wallenberg sphere, as it is popularly known, currently comprises approximately 20 non-profit foundations – the Wallenberg Foundations – and the industrial holdings companies Investor AB and FAM and their respective holdings.

These companies include some of Scandinavia's largest and most important blue-chip corporations, such as ABB, AstraZeneca, Atlas Copco, Electrolux, Ericsson, EQT, Mölnlycke Health Care, Nasdaq, Saab AB, SAS, SEB, SKF, Stora Enso and Wärtsilä. The ownership of these companies lies with the Wallenberg Foundations through the majority owned and publicly listed Investor AB and wholly owned FAM.


 

The sender of this website is not a company, organization or other type of legal entity. The text constitutes an independent description of the holdings and activities that the Wallenberg family is associated with. Here are a few links to other related websites to the Wallenberg family: the Wallenberg Foundations, Wallenberg Foundations AB, Investor and FAM. For more information about Raoul Wallenberg please visit: Raoul Wallenberg Academy

Overview of activities

ACTIVITIES: THE WALLENBERG FOUNDATIONS, INVESTOR AND FAM

The family's activities are mainly connected to the Wallenberg Foundations, Investor, FAM and their associated holdings, which are briefly described below. SEB, founded by André Oscar Wallenberg in 1856, continues to play a central role in the family's activities.

guiding principles

The family's activities are directed by core values and a number of guiding principles that have evolved over the past 160 years. Striving to achieve what is best for each individual company is the lodestar for all of the family's involvements.

VIEW OF BOARD WORK

Our involvement in companies is based on the Swedish governance model in which the board, and especially the chairman of the board, is appointed by the company's owners and plays a significant role in securing the right long-term strategy and right leadership for the company. A number of key principles serve as the platform for the family's involvement in board work.

Ownership

The diagram below outlines the holdings and their ownership.

History

FIVE GENERATIONS IN THE SERVICE OF ENTERPRISE

Over the course of Sweden's modern history, the Wallenberg Family has been involved in financing, entrepreneurship and welfare-related activities to promote and advance industry, services and globalization. The family's history all began with André Oscar Wallenberg (1816-86), who decided to leave his career as a naval officer to capitalize on the new wave of entrepreneurship that he had witnessed evolving in other countries...

Family Tree

For more than 150 years, members of the Wallenberg family have been involved in family-related businesses.

Family representatives

Jacob Wallenberg

Jacob Wallenberg is Chairman of Investor AB, Vice Chairman of FAM and a Director on the board of the Knut and Alice Wallenberg Foundation. Jacob is also actively involved in the airline industry, the telecommunications industry, and the power and automation technology industry as Vice Chairman of SAS, Ericsson and ABB. He holds an MBA degree from the Wharton Business School at the University of Pennsylvania. 

Marcus Wallenberg

Marcus Wallenberg is Chairman of FAM and Vice Chairman of Investor AB. Marcus is also involved in banking and finance, the defense industry and the pharmaceutical industry as Chairman of SEB and Saab AB, and as a Director on AstraZeneca's board. Marcus is also vice Chairman of the Knut and Alice Wallenberg Foundation. He holds a Bachelor of Science degree in Foreign Service from Georgetown University.

Peter Wallenberg Jr

Peter Wallenberg Jr is Chairman of Wallenberg Foundations AB, the Knut and Alice Wallenberg Foundation and the Marianne and Marcus Wallenberg Foundation. Peter Jr is also involved in the engineering industry, the healthcare sector, and the hotel business as a Director on the boards of Atlas Copco, Scania and Aleris, and as Chairman of The Grand Group. He holds a BSBA in Hotel Administration from the University of Denver.

Peter Wallenberg

Peter Wallenberg (1926-2015) passed away on January 19, 2015. At the time of his passing he was Honorary Chairman of the Knut and Alice Wallenberg Foundation, Investor AB and Atlas Copco. Peter held an Honorary Ph.D. from the Stockholm School of Economics, the KTH Royal Institute of Technology, Uppsala University, Stockholm University and Georgetown University. He also held a Bachelor of Laws degree from Stockholm University.

Andrea Gandet

Andrea Gandet is a Director on the board of the Marcus and Amalia Wallenberg Foundation. She holds a Bachelor degree in Hotel Administration from Ecole hôtelière de Lausanne.

Caroline Ankarcrona

Caroline Ankarcrona is a Director on the boards of the Knut and Alice Wallenberg Foundation and the Marcus and Amalia Wallenberg Foundation. Caroline heads the project "Resource efficient business models – increased competitiveness" at the Royal Swedish Academy of Engineering Sciences (IVA). She holds a Master of Laws degree from Lund University.

Mariana Risberg

Mariana Risberg is a Director on the board of the Marianne and Marcus Wallenberg Foundation. She holds a Bachelor of Business Administration degree from Stockholm University.

sixth generation

Peter Wallenberg Jr and Celia Pilkington are responsible for this activity.

Books

A number of books have been written about members of the Wallenberg family. Theses have been financed partly or completely by the Foundation for Economic History Research within Banking and Enterprise. The Foundation has approximately 2 000 running meters of records and documents, of which most originate from Stockholms Enskilda Bank (1856-1971).

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Info

Contact

Oscar Stege Unger
oscar [dot] stege [dot] unger [at] wfab [dot] se

Laura Bergtoft
laura [dot] bergtoft [at] wfab [dot] se

+46 8-545 077 37