Latest / Family Business Stories with Fexingo: Succession, Legacy, and Multi-Generational Companies
How the Wallenberg Family Built a Century of Discreet Power
The Wallenberg family has controlled Sweden's biggest companies for over a century, from ABB to Ericsson to Saab, all through a single, secretive foundation. In Episode 166 of Family Business Stories with Fexingo, Lucas and Luna trace how a banking inheritance turned into a web of industrial might, and why the family's latest succession is testing its signature patience. They break down the power of the foundation structure, the Wallenberg 'family constitution' that keeps 120 relatives in line, and the challenge of the fifth generation in a world that demands speed over…
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