Jacob Wallenberg

Jacob Wallenberg (born 13 January 1956) is a Swedish banker and industrialist from the Wallenberg family who currently serves as a board member for multiple companies. He was described by The Guardian as a “prince in Sweden's royal family of finance”.

Biography

Early life and education Wallenberg was born in Stockholm in 1956 into the Wallenberg family, the son of banker Peter Wallenberg Sr. and Suzanne Fleming Grevillius. He was educated at the Wharton School of the University of Pennsylvania, receiving a BS in economics in 1980 and an MBA in 1981. He also studied at the Royal Swedish Naval Academy and is a reserve officer in the Swedish Navy.

Career Jacob Wallenberg was Chairman of Skandinaviska Enskilda Banken (SEB) Electrolux, WM-data, and the Stockholm Chamber of Commerce.

Jacob Wallenberg is Chairman of the Board of Investor AB, a lead shareholder of Nordic-based global companies. He is Vice Chairman of ABB, Ericsson AB, FAM AB, and Patricia Industries. Wallenberg also serves on the boards of Nasdaq Inc, the Knut and Alice Wallenberg Foundation, various other Wallenberg family foundations, and the Stockholm School of Economics. Their marriage produced three children, born in 1988, 1989 and 1990. They divorced in 2008. Since 2014, he has been married to Annika Levin.

Honours

Commander of the Order of May, Argentina Member of The Royal Swedish Academy of Engineering Sciences (2000) Honorary Doctor of Economics, Stockholm School of Economics (2005) Member of The Royal Swedish Society of Naval Sciences (2006) H. M. The King's Medal, 12th size gold medal on Seraphim Order ribbon (2007) Honorary Doctor of Economics, Hanken School of Economics, Helsinki, (2009) SSE Research Award, Stockholm School of Economics Institute for Research (2010)

Legion of Honour, France (2019)