The Succession Drama About to Hit a $40 Billion Swedish Empire

2026-01-30 - 05:36

(Bloomberg) — The Wallenberg dynasty is corporate royalty in Sweden, known for its strict hierarchy, sense of civic duty and firm-handed guidance. But it was the experiment of a family icebreaker at the home of elder statesman Peter ‘Poker’ Wallenberg Jr more than a decade ago that set the stage for its latest succession efforts. Read More