The Wallenberg family (known as The Wallenbergs or simply Wallenbergs) is a prominent Swedish family and financial dynasty, renowned as bankers, industrialists, politicians, bureaucrats, diplomats. The Wallenbergs are present in most large Swedish industrial groups, like Ericsson, Electrolux, ABB, SKF, Atlas Copco and more. In 1990 and subsequent years, the "Wallenberg sphere" controlled nearly one-third of the GDP of Sweden.