Age, Biography and Wiki

Marc Wallenberg was born on 28 June, 1924 in London, United Kingdom, is a Swedish banker and business manager. Discover Marc Wallenberg's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 47 years old?

Popular As N/A
Occupation Banker
Age 47 years old
Zodiac Sign Cancer
Born 28 June, 1924
Birthday 28 June
Birthplace London, United Kingdom
Date of death 19 November, 1971
Died Place Lake Orlången, Sweden
Nationality United Kingdom

We recommend you to check the complete list of Famous People born on 28 June. He is a member of famous banker with the age 47 years old group.

Marc Wallenberg Height, Weight & Measurements

At 47 years old, Marc Wallenberg height not available right now. We will update Marc Wallenberg's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Marc Wallenberg's Wife?

His wife is Olga Wehtje (m. 1955-1971)

Family
Parents Marcus Wallenberg Dorothy Mackay
Wife Olga Wehtje (m. 1955-1971)
Sibling Not Available
Children Marcus (born 1956) Axel (1958–2011) Mariana (born 1965) Caroline (born 1968)

Marc Wallenberg Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Marc Wallenberg worth at the age of 47 years old? Marc Wallenberg’s income source is mostly from being a successful banker. He is from United Kingdom. We have estimated Marc Wallenberg's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income banker

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Timeline

1899

Wallenberg was born in London, United Kingdom, the eldest son of Swedish banker Marcus Wallenberg (1899–1982) and Dorothy Mackay (1900–1984) from Scotland.

1924

Marc "Boy-boy" Wallenberg (28 June 1924 – 19 November 1971) was a Swedish banker and business manager.

1926

He was the brother of Peter Wallenberg (1926–2015) and Ann-Mari Wallenberg (born 1929).

1943

Wallenberg passed studentexamen in 1943 and graduated from Harvard Business School in 1949 before bank studies in New York City, Geneva, Paris, London and Düsseldorf from 1949 to 1952, all according to his father's plan.

1953

Wallenberg became deputy director of the family bank Stockholms Enskilda Bank in 1953 and became director and member of its board two years later.

1955

In 1955 he married Olga Wehtje (born 1930), the daughter of director Walter Wehtje and Gurli Bergström.

1956

In 1956 he became vice CEO and in 1958 he became CEO.

They had four children; Marcus (born 1956), Axel (1958–2011), Mariana (born 1965, married Risberg) and Caroline (born 1968, married Ankarcrona).

1959

He was a board member of AB Svenska järnvägsverkstäderna, and he became vice chairman of the Swedish Bankers' Association (Svenska Bankföreningen) in 1959 and its chairman in 1961.

1965

Wallenberg was appointed by the School of Economics and Business as a member of the Stockholm School of Economics Board of Directors which is Stockholm School of Economics highest executive agency, where he was treasurer from 1965 to 1971.

1971

A member of the prominent Wallenberg family, Marc Wallenberg was CEO of Stockholms Enskilda Bank until his death in 1971.

At the time of his death in 1971, Wallenberg was on the boards of 67 companies.

On Thursday, 18 November 1971, the family bank held an ordinary board meeting.

In the morning, Wallenberg flew from Värnamo, where he had participated in a corporate debate the day before.

At the debate, he was asked why the Wallenberg Group had started construction of a new pulp mill in Hyltebruk, despite it not yet having been authorized.

His answer to the question was rash, responding that he would rather be prosecuted for an environmental crime than be forced to pay damages to a mass buyer for breach of contract.

The statement was big news in the press and he was criticized by his father at the board meeting.

In the evening, he left a reception at the Italian Embassy and he did not come home for the night.

The next day his car was found at Lake Orlången in Huddinge.

Jacob Palmstierna and Peder Bonde, both Deputy CEO's of SEB, arrived at the site at 12 o'clock and were the first to see Wallenberg's dead body near his car and could confirm his identity.

Wallenberg had taken his own life using a hunting rifle.

It cannot be determined what influence stress due to the bank merger might have had on his decision to commit suicide.

His workload was great and the expectations and pressure on him were no less.

Marcus Wallenberg considered that his son's prolonged cold and medication with sulfa drugs might have been fatal.

Another reason is thought to be depression.

In his memoirs, Lars-Erik Thunholm testified that Marc Wallenberg's suicide was due to the fact that he, like his uncle Jacob Wallenberg, was against the merger with Skandinaviska Banken, contrary to his father's intentions to go ahead with the agreement.

To confront his father with his idea was impossible for Marc and he chose suicide.

Although it is likely that Wallenberg died on 18 November, the official death day was set to 19 November 1971, the day when he was found dead.

The day the family chose to indicate on his tombstone is, however, 18 November.

The 19 November, is dynasty founder André Oscar Wallenberg's birthday, an important day for the family, which has always been celebrated.