Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Wallenberg Family Engineered a Century of Control
How did one Swedish family maintain control over a vast industrial empire for over 150 years, through wars, economic crises, and shifting corporate governance standards? This episode unpacks the Wallenberg family's unique ownership machinery—the foundation structure, the dual-class shares, and the legendary Investor AB holding company. Lucas and Luna explore how the Wallenbergs used a patient capital model to build companies like Ericsson, AstraZeneca, and Atlas Copco, while keeping power tightly within the family. They also discuss the trade-offs: how the system withstands family drama…
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