Part 6/9:
As tensions surfaced globally, Jacob Wallenberg became a prominent negotiator between warring factions, all while being embroiled in controversies surrounding financial transactions that arguably fueled the war. Most notably, allegations arose that the family’s bank had facilitated the hiding of stolen assets, culminating in a moral quagmire that haunted the family’s name.
In stark contrast, Raul Wallenberg, one of Jacob’s nephews, emerged as a beacon of hope during this dark chapter. Active in Budapest, he orchestrated the rescue of thousands of Jews from Nazi deportation—a commendable and life-risking endeavor that ultimately led to his tragic disappearance at the hands of Soviet authorities.