Peter Wallenberg, Jacob's father, became Investor's chairman in the 1980s and transformed it into a diversified investment company.

ECONOMIST: The Wallenbergs: Sweden's enduring business dynasty | The

The amendment calling for elections is signed by Tory awkward squaddies Christopher Chope, David Nuttall, Edward Leigh, Peter Bone and Jacob Rees-Mogg, plus heavyweight ex-ministers David Davis and John Redwood and 1922 Committee grandees Graham Brady and Charles Walker.

BBC: Tory manoeuvrings

While the companies controlled by the family have been keen to introduce new compensation packages, patriarch Peter Wallenberg and his talented sons Jacob and Marcus aren't the kind of owners to transfer an undue amount of wealth from their own pockets to those of their hired hands.

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