Wallenberg family

The Wallenberg family (known as The Wallenbergs or simply Wallenbergs) is a prominent Swedish family and financial dynasty, renowned as bankers, industrialists, politicians, bureaucrats, diplomats. The Wallenbergs are present in most large Swedish industrial groups, like Ericsson, Electrolux, ABB, SKF, Atlas Copco and more. In 1990 and subsequent years, the "Wallenberg sphere" controlled nearly one-third of the GDP of Sweden.

The most famous of the Wallenbergs, Raoul Wallenberg, a diplomat, worked in Budapest, Hungary, during World War II to rescue Jews from the Holocaust. Between July and December 1944, he issued protective passports and housed Jews, saving tens of thousands of Jewish lives.

History

The oldest known member of the Wallenberg family is Per Hansson (1670–1741) who, in 1692, married Kerstin Jacobsdotter Schuut (1671–1752). Their son, Jakob Persson Wallberg (1699–1758) married twice. The children of his first marriage called themselves Wallberg and those of his second called themselves Wallenberg. Jakob Persson Wallberg was the great-grandfather of André Oscar Wallenberg who, in 1856, founded Stockholms Enskilda Bank, the predecessor of today's Skandinaviska Enskilda Banken.

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Wallenberg_family

Latest News for: wallenberg family

Kofi Annan, diplomat who redefined the U.N., dies at 80

The Buffalo News 18 Aug 2018

His death, after a short illness, was confirmed by his family in a statement from the Kofi Annan Foundation, which is based in Switzerland ... Born into an aristocratic family, he had three sisters, two of them older ... She, too, was a scion of a prominent family, a niece of Raoul Wallenberg, the Swedish diplomat who protected thousands of Hungarian Jews during World War II but disappeared after being captured by Soviet forces....

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Peltarion, the AI platform behind Nasa and Tesla, opens up shop in London

City A.M. 26 Jun 2018

Swedish artificial intelligence (AI) startup Peltarion has launched a new office in London ... Currently numbering at just five employees, co-founder and CEO Luka Crnkovic-Friis told City A.M ... understands the startup has now raised a total of €14m in seed investment to date, backed largely by EQT Ventures and the Wallenbergs, Sweden's most prolific industrial family of investors. ....

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EQT enlists AI partner to find startups that will rule the world

Live Mint 18 Jun 2018

Investment assessments at EQT Partners are made by Motherbrain—a software-based tool that crunches data to identify the most promising startups in Europe. Stockholm ... It’s artificial intelligence ... Winbladh, whose company is part-owned by Sweden’s billionaire Wallenberg family, said Motherbrain gives his fund an edge in the “extremely conservative” venture-capital business ... Global Dominance ... Motherbrain discovery....

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Two-for-one special offer promises Swede success

Irish Independent 04 Jun 2018

I admit I've had a soft spot for Sweden since I saw their footballers take on Brazil in the World Cup in 1958. The Swedes lost 5-2, but they were beaten by a Brazilian side, including the 17-year-old Pele, which would go on to change the 'Beautiful Game' forever ... Atlas Copco, which has the Wallenberg family investment as its main shareholder, started life in Victorian times as a service provider to the growing Swedish railway network. ....

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Investor AB: This Investment Company Is Selling At A Huge Discount

Seeking Alpha 01 Jun 2018

Several months ago, I introduced readers of this column to a Swedish holding company called Investor AB (OTCPK.IVSXF) that essentially serves as the investment portfolio for the country's prominent Wallenberg family ... The Portfolio ... Company Industry ... Valuation ... In addition, there is a certain comfort factor inherent in the knowledge that one is essentially investing side-by-side one of the wealthiest and most prominent families in Sweden....

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Venezuela committing crimes against humanity, OAS panel says

Post-Bulletin 30 May 2018

The panel of experts was composed of Ventura; Santiago Canton, Secretary of Human Rights of the Province of Buenos Aires, Argentina; and Irwin Cotler, a former Minister of Justice in Canada and President of the Center for Human Rights Raul Wallenberg. The jurists heard testimonies from representatives of Venezuela’s opposition, family members of ......

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photo: AP / Ariana Cubillos

Voters register with members of the ruling United Socialist Party after voting in presidential elections in Caracas, Venezuela, Sunday, May 20, 2018.

OAS Panel's Report Says Venezuela Is Committing Crimes Against Humanity

WorldNews.com 30 May 2018

The panel included Ventura; Santiago Canton who is the Secretary of Human Rights of the Province of Buenos Aires, Argentina; and Irwin Cotler, ex-Minister of Justice in Canada, and President of the Center for Human Rights Raul Wallenberg. The witnesses in the report included several representatives of Venezuela's opposition, family members of victims killed or imprisoned, and active and former members of the armed forces in Venezuela....

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'I thank him for my own life': Swiss diplomat used legal ruse to save tens ...

CBC 29 May 2018

Holocaust survivors who were among those saved by a Swiss diplomat who negotiated with the Nazis to get a legal exemption from deportation for thousands of Hungarian Jews and secretly expanded it to their families want to see him honoured in the same way that men such as Raoul Wallenberg and Oskar Schindler have been ... ....

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Plans for £100m Nobel Centre blocked by Swedish court

The Observer 23 May 2018

A Swedish court has blocked the construction of a major new Nobel Centre in Stockholm intended as the future venue for the world’s most prestigious arts and science awards ... The project has the backing of Sweden’s wealthy Wallenberg family and the Perssons, who control H&M ... Ylva Lageson of Nobelhuset, the company charged with building and running the centre, said it was “disappointed with this verdict ... Read more ... ....

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In fresh blow to Nobels, Swedish court blocks plans for new centre

This is Money 22 May 2018

The centre, which would have been financially backed by Swedish icons like the main owner of retail giant Hennes & Mauritz as well as the Wallenberg family, was intended to host exhibitions and seminars about the Nobels and most probably be the venue for the prize ceremonies. The Nobel ceremonies are currently held at the Stockholm concert hall ... "We are disappointed about this verdict ... Advertisement. ....

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Sweden's Wallenberg Family Backs AI Software Maker Peltarion

Bloomberg 08 May 2018

Sweden’s most powerful industrial ......

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Hungary dances to a different tune as populism holds sway

Irish Independent 06 May 2018

Music drifted from the park across the street ... In fact, spring is gone. The city is in the full grip of summer ... I talk of my great hero, Raoul Wallenberg, scion of a wealthy Swedish family, who daily risked his life to save the lives of Jews who were being rounded up for murder by the Nazis, a figure who represented the best of human nature in an age dominated by the very worst ... Wallenberg never made it back to Sweden ... I saw this ... ....

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