Part 8/9:
Today, the Wallenberg family’s financial empire is valued at an astonishing estimated $250 billion, aligning them alongside the world’s financial titans, but they remain largely absent from public admiration or scrutiny. Their wealth predominantly resides in foundations, a calculation designed to enhance longevity and minimize taxation while ensuring that the family’s influence endures unimpeded.
The foundations oversee enormous assets and commercial stakes worth hundreds of billions, presenting a portrait of affluence masked by anonymity. The guiding philosophy of the Wallenberg family, encapsulated in their motto—“to be and not to seem”—reflects a commitment to ephemeral power over ostentatious displays of wealth.