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The villa was built in 1907 by Anna Pauli, the daughter of Johan Wilhelm Smitt [sv], the wealthiest man in Sweden in the 19th century. He made a fortune in Latin America in the 1850s, co-founded the Enskilda Bank and founded Handelsbanken. He then funded Alfred Nobel’s Nitroglycerine Corporation and became its Chairman 1864-1904. Together with his young relative Ragnar Sohlman, he became instrumental in establishing the Nobel Foundation and the Nobel Prize based on Alfred’s testament. He also financed the establishment of the University of Stockholm.
In 1985 the villa was acquired by the real estate magnate Birger Gustavsson, who converted into a club for corporate members that opened September 1986. Arnfinn Röste [sv] bought the club in 1998 and upgraded and redecorated it, including interior decoration featuring antiques, original art and sculptures. Many companies use the Villa Pauli Club as a venue for an event, fashion show or product launch.
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