It is important to cultivate financial literacy, nurture individual strengths, and unify your family around a shared purpose to create a legacy that endures.

In this week’s FB Roundup, tributes are paid to Australian property developer Lang Walker; Sultan Ibrahim Iskandar is sworn in as Malaysia’s 17th king; and Singaporean banking giant Wee Cho Yaw passes away aged 95.

In this week’s FB Roundup, tributes are paid to former Harrods owner Mohamed Al Fayed; Francois-Henri Pinault is set to buy a $7 billion majority stake in talent agency CAA; and the Kellner family gains full ownership of investment firm PPF Group.

In this week’s FB Roundup, the billionaire Agnelli family takes a 15% stake in Philips; L’Occitane’s owner aims to take his company private; and MacKenzie Scott’s $250 million open call for non-profit donations receives 6,353 applications.