Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Wallenberg Family Built Sweden's Industrial Backbone
Episode 5 of Family Business Stories with Fexingo turns to Scandinavia. Lucas and Luna unpack how the Wallenberg family — through their holding company Investor AB — has controlled or influenced Swedish industrial giants like Ericsson, Atlas Copco, and SKF for over 160 years. The episode focuses on the 'Wallenberg sphere', a unique structure combining a foundation, a publicly-listed holding company, and a venture arm. Lucas walks through the key mechanism: how the family uses a dual-class share structure and a foundation (the Knut and Alice Wallenberg Foundation) to retain voting…
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