Hugo Stenbeck
Encyclopedia
Hugo Edvard Stenbeck was a Swedish
lawyer
and founder of Investment AB Kinnevik
. He belonged to a group called in to investigate the collapse of Ivar Kreuger
's financial empire. Two of his children became famous in their own right - Jan Stenbeck
took over and transformed the family company and Margaretha af Ugglas
became foreign minister
. His granddaughter, Cristina Stenbeck
is now in charge of the family companies.
Sweden
Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....
lawyer
Lawyer
A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an attorney, counsel or solicitor; a person who is practicing law." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain the stability of political...
and founder of Investment AB Kinnevik
Investment AB Kinnevik
Investment AB Kinnevik is an investment company established in 1936 by Wilhelm Klingspor and Robert von Horn. They had just sold their sugar company and were left with a farming company Mellersta Sveriges Lantbruks AB and cash. Their lawyer was Hugo Stenbeck. The lawyer got significant operating...
. He belonged to a group called in to investigate the collapse of Ivar Kreuger
Ivar Kreuger
Ivar Kreuger was a Swedish civil engineer, financier, entrepreneur and industrialist. In 1908 Kreuger co-founded the construction company Kreuger & Toll Byggnads AB which specialized in new building techniques. By aggressive investments and innovative financial instruments he built a global match...
's financial empire. Two of his children became famous in their own right - Jan Stenbeck
Jan Stenbeck
Jan Stenbeck was a Swedish media owner. He was brother of the former Swedish Minister for Foreign Affairs, Margaretha af Ugglas...
took over and transformed the family company and Margaretha af Ugglas
Margaretha af Ugglas
Märta Margaretha af Ugglas née Stenbeck is a former Swedish Moderate Party politician. She was Minister for Foreign Affairs between 1991 and 1994....
became foreign minister
Foreign minister
A Minister of Foreign Affairs, or foreign minister, is a cabinet minister who helps form the foreign policy of a sovereign state. The foreign minister is often regarded as the most senior ministerial position below that of the head of government . It is often granted to the deputy prime minister in...
. His granddaughter, Cristina Stenbeck
Cristina Stenbeck
Cristina Mayville Stenbeck, born 27 September 1977 in New York, USA, is a Swedish American business woman and the heiress of the Swedish capitalist Jan Stenbeck....
is now in charge of the family companies.