But Marc committed suicide in 1971, and Peter outmaneuvered the onetime chief executive of Volvo, Pehr Gyllenhammar, whom Marcus regarded as yet another candidate better suited as a successor.
The Wallenbergs vastly expanded their stature and wealth under the leadership of Peter Wallenbergs father, Marcus Wallenberg., a former diplomat and tennis star, who controlled the family fortune with a combination of charisma and iron will for decades.
But by the 1990s, there was a limit to how much Investor could grow without venturing beyond Swedens borders.He was portly and often described as disheveled, though always in well-tailored clothes.Read more, digital Daily, read the essential news and opinion you need every day via desktop and mobile.He was tireless and more than capable of adapting to a business environment that was increasingly focused on international megamergers.Men på tisdagen deltog han i invigningen av Södertälje Science Park och riktade kritik mot hur Sverige sköter samverkan mellan universitet och näringsliv.He was chairman until 1997.For years, starting in 1982,.Gift Article share up to 10 articles a month with family, friends and colleagues.He is survived by two sons, Jacob and Peter.; a daughter, Andrea Gandet; a sister, Ann-Marie Bonsor; seven grandchildren; and two step-grandchildren.Trial, not sure which package to choose?MyFT track the topics most important to you.Edin, a Swedish economist, told The New York Times in 1996.Outside Sweden, the Wallenberg name typically conjures Raoul Wallenberg, the World War II humanitarian credited with saving the lives of thousands of Jews, who was a distant relative.
Its portfolio included stakes in Ericsson, Electrolux, SAS airlines, Astra, Scania, dronninglund slot hotel Saab, Gambro just about any Swedish company known to Americans.
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Try full access for 4 weeks.Peter Poker Wallenberg och rektor på KTH Sigbritt Karlsson är på invigningen av Södertälje Science Park.In-depth analysis on trade, emerging markets, M A, investing and more ePaper a digital replica of the newspaper.Read more, digital Daily Plus, read everything we publish, including essentials and deeper insights with unrivalled analysis via desktop and mobile.Keep abreast of significant corporate, financial and political developments around the world.Wallenberg, Investor stepped directly into foreign markets.His son Jacob is the current chairman.Student fellows develop a thorough understanding of policy, trade, and multinational corporations within a global trade context while swedish slots palyer building valuable connections in Stockholm and Washington,.C.Read more, team or Business Access, access on any device and volume discounts.Peter Poker Wallenberg hör till en av det svenska näringslivets medieskygga profiler.
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He was married and divorced three times.