Marcus Laurentius Wallenberg

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Person.png Marcus Laurentius Wallenberg  Rdf-entity.pngRdf-icon.png
(banker, deep state operative)
Born5 March 1864
Stockholm, Sweden
Died22 July 1943 (Age 79)
Alma materUppsala University
Parents • André Oscar Wallenberg
• Anna von Sydow
Children • Jacob Wallenberg (1892–1980)
• Marcus Wallenberg Jr
• Ebba Wallenberg
Member ofWallenberg family
InterestsIvar Kreuger
Swedish banker who consolidated the Wallenberg family business empire after the fortuitous death of rival tycoon Ivar Kreuger.

Marcus Laurentius Wallenberg, Sr. was a Swedish banker. He expanded the Wallenberg family empire after the fortuitous death of rival business tycoon Ivar Kreuger.

Education and career

Marcus Wallenberg left his position as NCO in the Swedish Navy at the age of 18 to pursue a Candidate of Law degree at Uppsala University; he received the title of Circuit Judge 1892.[1] In the same year, Marcus's older brother, Knut Agaton Wallenberg, served as CEO of Stockholms Enskilda Bank and induced Marcus to come work for him as vice president of the bank; an offer Marcus accepted. His older brother retired as CEO in the year of 1911 and Marcus replaced him as CEO. He was CEO until the year of 1920. Marcus laid the very foundation of the bank for decades with his emphatic defense of his own banking policy and constant emphasis on the importance of family traditions.[2]


Marcus's father, André Oscar Wallenberg, was the founder of Stockholms Enskilda Bank. His mother was Anna von Sydow. Marcus's married Gertrud Amalia Hagdahl on 19 August 1890. The couple had two sons and one daughter; Jacob, Marcus and Ebba.[3] Marcus raised both his sons in a systematic way to prepare them for a career in the family bank. A successful upbringing considering both sons served as CEO of the bank.

Marcus Wallenberg died at the age of 79 and is today buried in Wallenberg-Mausoleum in Malmvik, Ekerö Municipality.[4]


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