How Hitler’s Bankers Own Most of Europe Today
They don’t appear on rich lists. They don’t flaunt their wealth. But behind the scenes, the Wallenberg family controls an empire worth hundreds of billions of dollars. From AstraZeneca to Ericsson, their influence quietly shapes the global economy—but only few even know their name. For over six generations, the Wallenbergs have mastered the art of staying invisible. Their financial empire was built through banking, strategic investments, and political influence, making them one of the most powerful families in Europe. But their history is full of contradictions. During World War II, they walked a dangerous line—helping both the Nazis and the resistance. They banked for Hitler, yet also aided in secret plots to overthrow him. They helped save thousands of Jewish lives, but were later blacklisted by the U.S. Treasury for financial dealings with the Nazis. So, how did the Wallenbergs become the secret rulers of Sweden? How do they keep their wealth hidden in foundations while maintaining control over Sweden’s economy? And why does every Swedish government—left or right—have to work with them?
***⌚️Timestamps:
0:00 – Turning invisibility into a superpower
01:24 – Start of the Family Bank
06:16 – The Wallenberg vs. Hitler
11:02 – Post-war Strategies
13:13 – Jacob resigns
16:05 – Where Are They Now?
Credit to : History Meets Finance