Jeremy Hazlehurst is a freelance writer and former editor of CampdenNXG magazine. He has written for many publications including the Economist, FT, Wall Street Journal, People Management.
Many investors were happy to pay over the odds for shares in Japanese drinks business Suntory, safe in the knowledge the founding Saji family – renowned for their business acumen – were steering the ship. But what if the next generation decide to take a step back from management? CampdenFB reports.
He started his career in the petrochemical firm his father founded, but when Ben Walters, 38, moved to Shanghai to set up an office he started a rather different business – selling sneakers based on the classic Chinese construction worker’s Liberation shoe.
The family behind the international budget fashion chain H&M have always had style – second gen Stefan Persson might not have changed much since this photo was taken, but sons Thomas and Karl-Johann have grown up and taken prominent – but very different – roles at the family business.
Fortunes are made in recessions, so the saying goes. But they are cemented at the start of a recovery.
Most global equity markets have recovered sharply in the last year, but that doesn’t mean family offices are piling in, as many of them still remain wary of risk. Campden reports.