Marcus Wallenberg

Marcus "Dodde" Wallenberg Jr. (5 October 1899 – 13 September 1982), was a Swedish banker, business manager and member of the Swedish Wallenberg family. He was the most influential representative for the Swedish industrial tradition and Swedish business’ during the 20th century. He was the CEO of Stockholms Enskilda Bank 1946–1958 and during half a century – from the early 1930s until his death in 1982 – he led and reconstructed many of Sweden's largest companies. During World War Two Marcus together with Erik Boheman were appointed to conduct the Swedish trade negotiations. Marcus Wallenberg had a big interest in sailing and tennis. He participated in the 1936 Olympic sailing competitions and was a Swedish elite tennis player. He received a technological honorary degree from Royal Institute of Technology. The historian of business and author describes him as Europe's most powerful banker of the 20th century. Early life Wallenberg was born on 5 October 1899 in Stockholm, Sweden, the son of Marcus Wallenberg and his wife Amalia (née Hagdahl) and brother of Jacob Wallenberg. He passed studentexamen in 1917 and became a reserve officer in 1919 and graduated from the Stockholm School of Economics in 1920. Wallenberg pursued banking studies and had various jobs in Geneva, London, New York City, Paris and Berlin from 1920 to 1925. Wallenberg was an avid tennis player and became Swedish indoor champion in single game for gentlemen in tennis in 1920 and 1926.