Jacob Wallenberg

Jacob Wallenberg (born 13 January 1956) is a Swedish banker and industrialist, currently serving as a board member for multiple companies. The Guardian has once quoted him as the prince in Sweden's royal family of finance.[1]

Jacob Wallenberg
Born (1956-01-13) 13 January 1956
Stockholm, Sweden
NationalitySwedish
Alma materWharton School
Occupation(s)Chairman of Investor AB
Vice chairman of ABB, Ericsson, FAM, Patricia Industries
Spouse(s)Marie Wehtje (1986–2008)
Annika Levin (2015–present)
ChildrenLovisa Wallenberg, Jacob Wallenberg Jr, Alice Wallenberg
Parent(s)Peter Wallenberg and Suzanne Fleming née Grevillius
WebsiteInvestor Ab
Wallenberg.com

Biography

Early life

Wallenberg was born in 1956 in Stockholm.[2] His father, Peter Wallenberg, Sr., was a banker. His mother is Suzanne Fleming Grevillius. He is a member of the prominent Swedish Wallenberg family.[3]

Education

Wallenberg was educated at the Wharton School of the University of Pennsylvania, receiving a BS in economics in 1980 and an MBA in 1981.[2][4] He also studied at the Royal Swedish Naval Academy and is a reserve officer in the Swedish Navy.

Career

Jacob Wallenberg was Chairman of Skandinaviska Enskilda Banken (SEB)[2] from 1998 to 2005 and Vice Chairman from 2005 to 2014. He was CEO of the bank in 1997 and EVP and head of corporate and investment banking between 1995-1996. Wallenberg has been Vice Chairman of Atlas Copco, SAS Group, Stora Enso and served on the board of The Coca-Cola Company,[5] Electrolux, WM-data and Stockholm Chamber of Commerce.

Jacob Wallenberg is Chairman of the Board of Investor AB, a lead shareholder of Nordic-based global companies. He is Vice Chairman of ABB, Ericsson AB, FAM AB and Patricia Industries. Wallenberg also serves on the Board of Nasdaq Inc. Knut and Alice Wallenberg Foundation and a couple of other Wallenberg Foundations and Stockholm School of Economics.[2] He is a member of the steering committee of Bilderberg Group, ERT, the European Round Table of Industrialists, and the advisory board of Tsinghua University School of Economics and Management. He is also member of the Trilateral Commission. Wallenberg is Honorary Chairman of IBLAC, the Mayor of Shanghai’s International Business Leaders Advisory Council.

Family

He is son of Peter Wallenberg Sr. and Suzanne Fleming, born Grevillius. In 1986 Wallenberg married Marie Wehtje, daughter of civil engineer Urban Wehtje of the Wehtje family, and Merete Wehtje, born Bylandt-Grøn in Denmark.[6] They have three children born 1988, 1989 and 1992. They divorced in 2008.[7] Since 2014, he is married to Annika Levin.[8][9]

Marcus Wallenberg d.ä., banker and industrialist
Marcus Wallenberg d.y., banker & industrialist
Amalia Hagdahl
Peter Wallenberg, industrialist
Alexander Mackey, businessman
Dorothy Mackay
Edith Burns
Jacob Wallenberg
Karl Grevillius, chief accountant
Åke Grevillius, chief physician
Emilia Lindquist
Suzanne Grevillius Fleming
Waldemar Stenhammar, lieutenant-colonel
Vian Stenhammar
Olga Löfwall

Honours

See also

References
  1. Martinson, Jane (June 16, 2006). "Jacob Wallenberg £11bn prince in Sweden's royal family of finance". The Guardian. Retrieved December 9, 2016.
  2. "Jacob Wallenberg". Investor AB. Retrieved December 9, 2016.
  3. Jane Martinson, Jacob Wallenberg £11bn prince in Sweden's royal family of finance, The Guardian, 16 June 2006
  4. "Jacob Wallenberg". ERT. Retrieved 2023-05-04.
  5. Jacob Wallenberg Archived 2013-10-18 at the Wayback Machine, presentation at The Coca-Cola Company's website, accessed on 2012-10-30
  6. Svenska släktkalendern 1992, red. Elisabeth Thorsell, Almqvist & Wiksell Internationell, Stockholm 1992 ISBN 91-22-01504-3 s. 253, 259
  7. Jacob och Marie skiljer sig. Archived 2013-09-03 at the Wayback Machine
  8. De är välkomna på bröllopet
  9. Hon är Wallenbergs nya kärlek Archived 2013-09-13 at the Wayback Machine
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