The Wallenberg family (known as The Wallenbergs or simply Wallenbergs) is a prominent Swedish banking family, renowned as bankers, industrialists, politicians, diplomats and philanthropists. The most famous of the Wallenbergs, Raoul Wallenberg, a diplomat, worked in Budapest, Hungary, during World War II to rescue Jews from the Holocaust. Between July and December 1944, he issued protective passports and housed Jews, saving tens of thousands of Jewish lives. The Wallenberg sphere, an international banking- and industry group under the control of Wallenberg family through the holding company Investor AB, based in Stockholm, Sweden, is today Europe's largest family-controlled business empire. In Sweden alone, the sphere was estimated to indirectly control about a third of the national GDP in 1990.
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Famous quotes containing the word family:
“Female Virtues are of a Domestick turn. The Family is the proper Province for Private Women to Shine in. If they must be showing their Zeal for the Publick, let it not be against those who are perhaps of the same Family, or at least of the same Religion or Nation, but against those who are the open, professed, undoubted Enemies of their Faith, Liberty, and Country.”
—Joseph Addison (1672–1719)