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Famed industrialist Peter Wallenberg dies at 88

As a businessman, Mr Wallenberg proved formidable. He was often described as dishevelled, though always in well-tailored clothes.

New York

PETER Wallenberg, who helped build a global conglomerate out of his family's closely held businesses, a dynasty that was often referred to as a Swedish version of the Rockefellers, died on Monday at his home on the island of Varmdo. He was 88.

His death was reported by his