Jacob Wallenberg
Strategic Concepts & Mechanics
Primary Evidence
"Many of those who came and went at the lectures were or would become powerful men in society and were valuable contacts for Ruben, such as Per Jacobsson, Gustaf Dalén, Jacob Wallenberg, Dag Hammarskjöld, and Per Edvin Sköld. He thrived best among such people. In their company, he could openly discuss economic issues and political problems. Moreover, he was astute enough to realize that this network could prove to be invaluable later in life."
"The burning interest in economics would pay off. Of all the students that Eli Heckscher examined during his professorial years, only five received the highest grades in economics. Ruben was one of them. The others were Jacob Wallenberg (1912), Bertil Ohlin (1919), Alf Johansson (1922), and Göte Engfors (1924)."
"There are many meetings now. Stefan Persson has taken the time to commute between several boardrooms outside of H&M for a couple of years. He cannot say no when the Wallenberg family calls and gives him a seat on the board of the appliance company Electrolux, where Jacob Wallenberg, among others, sits. Wallenberg has been a leading industrial family for a long time, and there is a lot to learn from that experience. The family controls a dozen Swedish large corporations the size of H&M, such as Ericsson, Electrolux, and Saab, but without serving as CEOs. Typically, they govern as board members instead."