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Sweden's Wallenberg dynasty prepares for sixth generation

Nov 24, 2014    

STOCKHOLM (Reuters) - Jacob Wallenberg, the 58-year-old head of one of Europe's most enduring family dynasties, is trying to work out how the empire controlling much of Sweden's economy could look with a woman or someone without the family name at the helm.Roughly 30 members of the sixth generation, aged between 15 and 30, are contenders to see if they could one day run Wallenberg's Investor holding company and several foundations with major stakes in Electrolux, Atlas Copco and Ericsson.There are no clear favourites and the job could also go to an outsider, but whoever is picked to lead an em...

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