The Secret “Old Money“ Family That Owns Europe (NOT The Rothschilds)
In the murky corridors of European power, a dynasty stands, their command shaping the fate of an entire continent.
Some might say they transcend the definition of a family, embodying an invisible empire, their unseen hands shaping Europe’s economic might.
Their holdings reign over an amalgamation of conglomerates and institutions whose collective magnitude sends seismic tremors through the world’s finances, amassing a towering market capitalization of an astounding $800 billion.
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How The World’s Richest Family Divides Their Wealth:
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3 Secretly Powerful Gilded Age Families:
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TIMESTAMPS
0:00 Introduction
1:55 Chapter 1: Europe’s Invisible Chess Masters
4:50 Chapter 2: From Farmers To Financiers
8:42 Chapter 3: Political Power Players of Europe
11:10 Chapter 4: In the Eye of Controversy
13:26 Chapter 5: Philanthropic Saviors or Crafty Strategists?
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FULL ARTICLE ON The Secret “Old Money“ Family That OWNS Europe (Not The Rothschilds) HERE: @oldmoneyluxury/the-secret-old-money-family-that-owns-europe-not-the-rothschilds-1c49b36e564
Now, first we’d like you to picture Europe as a grand game board, its economic pieces meticulously moved by invisible hands.
At the helm at any given time, stands a family — often not the Rothschilds as one might presume — but rather, the Wallenbergs.
To put this into perspective, The Wallenbergs have historically held so much power that they had the ability to keep their country out of wars.
Two cousins of diplomat Raoul Wallenberg played an officially sanctioned but controversial part in neutral Sweden’s World War II diplomacy.
Furthermore, just a couple of decades later — at the height of the Wallenbergs’ pre-eminence in the 1970s — their various firms together employed an eye-watering 40% of Sweden’s industrial workforce!
In the midst of vibrant fields and serene lakes, a humble farmer by the name of Per Hansson works the relentless land.
The farmland of Sweden, particularly in the region where the Hansson family dwells, proves to be a stern taskmaster.
It calls for constant toil, but in reciprocation, cultivates fortitude and fosters a robust sense of community among its dwellers.
For these robust farmers, life is an ongoing waltz with nature — a challenge, but also a shared experience.
These country folk are tucked away in the province of Västergötland, a land steeped in rich cultural heritage and natural splendor, marked distinctively by its fecund plains and ancient rock carvings.
In their homeland, the Wallenbergs’ political foothold has been long-established.
Their connections span across all major political parties, with some of their family members having served in the Swedish Parliament, and others in key positions in public bodies.
This influential network doesn’t just give them a seat at the table; it’s as if they have an entire wing of the grand dining hall.
On the European Union stage, the Wallenbergs’ reach is both subtle and profound.
Every tale of power and influence inevitably courts controversy, and the Wallenbergs are not exempt from this rule.
One major controversy that ensnared the family was the infamous ‘Telia Incident.’
In 2018, their business empire was rocked when an attempt was made by Telia Company, a major telecommunications firm in their portfolio, to buy TV assets in Sweden and Finland. The deal ran afoul of E.U. competition authorities, leading to its ultimate collapse.
Critics pointed their fingers at the Wallenbergs, painting the incident as a glaring example of their unchecked power and the need for stricter regulation.
The Wallenbergs are not just puppet masters of economic and political power; they also weave a generous thread of philanthropy into the tapestry of their influence.
They have established numerous foundations that collectively make substantial annual donations to scientific research and education.
The Knut and Alice Wallenberg Foundation, for instance, is one of the largest private financiers of scientific research in Europe.
Their munificent patronage has invigorated Swedish research in medicine, technology, and the natural sciences, casting a beacon of hope for scientific innovation and progress.
FULL ARTICLE ON The Secret “Old Money“ Family That OWNS Europe (Not The Rothschilds) CONTINUED: @oldmoneyluxury/the-secret-old-money-family-that-owns-europe-not-the-rothschilds-1c49b36e564
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