referred to his father as cruel, but later changed to very demanding. He was reminded daily of how inept he was by his father, and later in life, either ignored or ridiculed by him in front of other CEOs in the sphere. The favourite son Marc received the same strict upbringing: any sign of weakness would be suppressed. The father Marcus Wallenberg Jr. used to box the ears of Marc in front of others. The two brothers spent several summers as guests at families such as the Morgans and Rockefellers, friends of their father, uncle and grandfather. David Rockefeller was a teenage friend of Marc Wallenberg. Marc Wallenberg Marc Wallenberg studied at Harvard Business School and practiced in Geneva, at Crédit Lyonnais and Paribas in Paris, Hambros in London and in New York, at Morgan Stanley, National City (Citibank) and Brown Brothers Harriman & Co.. In 1955, Marc married Olga Wethje of the Scanian Wehtje family, founders of Skanska, daughter of director of Atlas Copco Walter Wehtje and his wife Gurli Bergström, the daughter of Paul Urbanus Bergström, founder of Pub department store. Marc Wallenberg became a deputy CEO at Stockholms Enskilda Bank the same year, and upon his uncle's, Jacob Wallenberg, resignation, a CEO in 1958. The resignation by Jacob Wallenberg opened a seat on the bank's board of directors to Peter Wallenberg Sr., younger son of Marcus Wallenberg Jr., who, against his father's will, turned down the offer, instead entering the industry and the Wallenbergs' Atlas Copco, spending significant time abroad in South Africa, US and UK. In 1971, Marcus Wallenberg Jr. pushed through a merger agreement between Stockholms Enskilda Bank and rival Skandinaviska Banken. Soon after, tragedy struck when Marc Wallenberg committed suicide by shooting himself with his hunting rifle in the woods near lake Orlången. Observers suggested that the act came possibly due to the fact that Marc Wallenberg felt inadequate to the task of leading what was to become the Scandinavian banking giant Skandinaviska Enskilda Banken, having been under much pressure from both his stern father, and his uncle, Jacob Wallenberg. Others speculated, including his father, that the prolonged cold and medication with sulfa drugs might have been fatal and resulted in his gun inflicted suicide. The merger went through in 1972. At the time of his death, Marc Wallenberg was on the boards of 67 companies. The Epoch of Peter Wallenberg Sr. Peter Wallenberg