In this week’s FB Roundup, Giorgio Armani hints at new leadership once he steps down from his fashion empire; Gina Rinehart purchases a six percent stake in Lynas Rare Earths; and Daniel Kretinsky’s bid to buy Royal Mail is rejected.
In this week’s FB Roundup, Vietnamese billionaire Truong My Lan is sentenced to death over $44 billion fraud charges; Donald Trump’s Truth Social stake tumbles by nearly $2 billion; and Australian billionaire James Packer quits casino board.
In this week’s FB Roundup, François Pinault’s grandson replaces him on Christie’s board; Lebanon's billionaire prime minister denies allegations of money laundering in France; and Taylor Swift enters the Forbes World's Billionaires List for the first time.
By Glen Ferris
Don't Miss the Latest Family Business News and Investment Trends
Families of wealth are always curious about wealth management costs and often want to benchmark those expenses against their peers. Costs are an important consideration when devising an overall wealth management strategy.
In this week’s FB Roundup, Carl-Clemens Veltins sues his sisters for a share of their family’s German brewing dynasty; Ken Mulvany aims to return to lead BenevolentAI; and Emperor Naruhito leads Japan’s imperial family in their Instagram debut.
In this week’s FB Roundup, the Moreira Salles’ single family office sees a boost in AUM to nearly $11 billion; Joe Lewis is likely to be spared prison time after pleading guilty to fraud; and Michael Dell unloads shares in Dell Technologies.