Wallenberg Family Prepares for Business Succession

Sweden’s influential business dynasty, led by the sixth generation of Wallenbergs, is preparing to pass the baton. The family’s holding company, Investor AB, controls 35% of Sweden’s national stock exchange value. As they transition to a new generation, the family motto “Esse, non videri” (to be, not to be seen) takes on a new meaning. With their discreet approach to business, the Wallenberg family is now facing an uncertain future.

Source: https://www.economist.com/business/2025/10/30/swedens-leading-business-dynasty-prepares-for-succession