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) 160 years ago. Today, the fifth generation is continuing this tradition. The Wallenberg sphere currently comprises some ten non-profit foundations – the Wallenberg Foundations – and the industrial holdings companies Investor AB and FAM AB 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, Höganäs, 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 AB.


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, FAM AB, Investor AB and Patricia Industries . 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 AB, FAM AB and their associated holdings, which are described below. SEB, founded by A.O. 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.

FOCUSING ON BOARD WORK

The family bases its ownership philosophy on the Swedish model for corporate governance, in which the owners of company appoint the board, and expecially the chairman, which is significant for securing the right long-term strategy and the right leadership for a comapny. 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 structure.

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 philantrophic 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 160 years, members of the Wallenberg family have been involved in family-related businesses. Here an extract from the Investor anniversary book on eight members of the Wallenberg family and their engagements.

Family representatives

Jacob Wallenberg

Jacob Wallenberg is Chairman of Investor AB, Vice Chairman of FAM and Patricia Industries, and Director on the board of the Knut and Alice Wallenberg Foundation. He 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. Jacob holds an MBA degree from the Wharton Business School at the University of Pennsylvania. 

Marcus Wallenberg

Marcus Wallenberg is Chairman of FAM and Patricia Industries, and Vice Chairman of Investor AB and Knut and Alice Wallenberg Foundation. He is also involved in banking and finance, the defense industry and the pharmaceutical industry as Chairman of SEB and Saab AB, and as Director on AstraZeneca's board. Marcus 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. He is also involved in the engineering industry, the healthcare sector, private-equity and the hotel business as Director on the boards of Atlas Copco, Scania, Aleris, EQT Holdings AB and as Chairman of Grand Hôtel Stockholm. Peter Jr holds a BSBA in Hotel Administration from the University of Denver.

sixth generation

Under leadership of Peter Wallenberg Jr and Celia Pilkington, a program has been established to allow the approximately 30 members of the sixth generation to learn more about the family's engagements, values and history. The program aims to create a solid platform for the next generation to take over the baton and is being given top priority by the family.

Andrea Gandet

Andrea Gandet is 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 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. She holds a Master of Laws degree from Lund University.

Mariana Risberg

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

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.

Books

A number of books have been written about members of the Wallenberg family. Some 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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Den förlorade sonens återkomst: Peter Wallenberg 1926-2015

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Fagerfjäll, Ronald. Investor 100 years

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