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...Sweden's Wallenberg family is one of the most powerful in Europe. Through family foundations, it controls or holds substantial influence over about 40% of the entire capitalization of the Swedish stock exchange. (Even the exchange is part of a company that the Wallenbergs control.) Investor AB, the family's industrial holding company, dates from 1916. It faced an unprecedented attack two years ago, when Swiss financier Martin Ebner built up a 10% stake and called for Investor to be broken up in the name of improving shareholder value. Ebner, overstretched financially, has since had to sell or reduce many...

Author: /time Magazine | Title: Putting On Heirs | 3/24/2003 | See Source »

...Wallenberg INVESTOR...

Author: /time Magazine | Title: Putting On Heirs | 3/24/2003 | See Source »

DIED. PER ANGER, 88, Swedish diplomat who worked with Raoul Wallenberg to save thousands of Jews from Nazi death camps by issuing Swedish identity documents; in Stockholm. Wallenberg, who worked with Anger at the Swedish legation in Budapest, was arrested by the advancing Soviet army in 1945 and never heard from again. After the war, Anger led the effort to determine Wallenberg's fate, visiting Moscow in 1989 to make a personal appeal for information to Mikhail Gorbachev. Anger served as Sweden's ambassador to both Australia and Canada and was made an honorary Israeli citizen...

Author: /time Magazine | Title: Milestones | 9/2/2002 | See Source »

...husband but, she says, "in spite of the heavy responsibilities, he seems to be thriving, and I did support him in making himself available for a second term." Annan is painfully aware of the steep price that a life devoted to public service can command. Her uncle, Raoul Wallenberg, the diplomat who saved the lives of thousands of Jews in Nazi-occupied Hungary, disappeared in 1944, the year she was born. Although she never knew him, "the absence of Raoul was always present in my life," she says. "His last letter from Budapest was to congratulate my mother, his sister...

Author: /time Magazine | Title: Woman Of The World | 7/9/2001 | See Source »

Nane is the niece of Swedish diplomat Raoul Wallenberg, who saved thousands of Jews during World War II and then disappeared after being captured by the Soviet army in 1945. "When you think of what he did, you ask yourself, 'But how come there were so few Raoul Wallenbergs?'" Annan says. "When you talk to his sister--my mother-in-law--she says he was not a daredevil but a very calm, gentle man. Yet he had a kind of inner strength that let him do what he needed to do to save people. But you ask yourself, 'There were...

Author: /time Magazine | Title: The Five Virtues of Kofi Annan | 9/4/2000 | See Source »

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