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Tuesday, 16 January 2007 |
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Wallenberg, the aristocrats of Swedish business and the Order of the Seraphim
'The Wallenberg’s are Sweden's most powerful financial family. Just over 150 years ago André Oscar Wallenberg started literally minting it when he established Stockholms Enskilda Bank. Since then the family's power has become almost regal in its scope. In fact one of them, Marcus "district judge" Wallenberg, was a Knight of the Order of the Seraphim.
The family has formed a seemingly unbreakable bond with the Swedish economy. In 1916 they set up Investor, an investment company with a major interest in Scania, Ericsson, Saab, ABB, Electrolux, AtlasCopco, AstraZeneca, and a ridiculous number of others besides.'
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