- The Wallenberg sphere: During the early 20th century, the Wallenbergs developed a unique business model known as the "Wallenberg sphere." This involved creating a network of interconnected companies, banks, and investments that allowed the family to exert significant influence over various sectors of the Swedish economy.
- Industrial expansion: The Wallenbergs invested heavily in industries such as steel, mining, and manufacturing, helping to drive Sweden's rapid industrialization during the late 19th and early 20th centuries.
- Banking and finance: The family's banking interests continued to grow, with Stockholms Enskilda Bank becoming one of Sweden's largest and most influential financial institutions.
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