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November 8, 2021

Godrej family set to divide $4.1 billion empire, James Packer admits “oversights” and should have quit Crown Resorts, Luxury-leaning Exor to sell PartnerRe to Covea for $9 billion in revived deal.

Godrej family set to divide $4.1 billion empire

Godrej Group, the $4.1 billion family-controlled empire that declares it positively impacts the lives of one-third of India’s population every day, looks set to be amicably split between two branches.

The fourth-generation families of patriarch Adi Godrej (pictured left), 79, and his younger brother Nadir Godrej (pictured below), 70, are working on dividing the 124-year-old diversified group with their cousins Jamshyd Godrej, 72, and Smitha Godrej Crishna, 71, insiders reported.

July 26, 2021

Indian diamond merchant Savji Dholakia says the trust of family, staff welfare and environmental, social and governance values are his priorities in his $1.2 billion family business, with finance and growth the “by-products” of his lifelong enterprise.

Indian diamond merchant Savji Dholakia says the trust of family, staff welfare and environmental, social and governance values are his priorities in his $1.2 billion family business, with finance and growth the “by-products” of his lifelong enterprise.

The 59-year-old Hurun India Rich List principal, whose family business is managed by a team of four brothers (pictured below right), three partners and eight young adult children, also said he does not believe in planning his succession.

April 12, 2021

The Covid-19 lockdown and quarantine restrictions are causing real practical problems for those who have terminally ill family members. What can you do if you want to visit such a relative in England, but you live abroad and are bound to follow quarantine rules if you try to visit?

The Covid-19 lockdown and quarantine restrictions are causing real practical problems for those who have terminally ill family members. What can you do if you want to visit such a relative in England, but you live abroad and are bound to follow quarantine rules if you try to visit?

November 20, 2020

It was family business as usual. Two founding brothers running their enterprise with their four children—two daughters and two sons—in different stages of being groomed to take up important positions. The elders continued to occupy leadership roles and their trusted advisers made sure that the power of decision was always retained by them.

It was family business as usual. Two founding brothers running their enterprise with their four children—two daughters and two sons—in different stages of being groomed to take up important positions. The elders continued to occupy leadership roles and their trusted advisers made sure that the power of decision was always retained by them.

November 16, 2020

The 30th generation winemaker Marchese Lamberto Frescobaldi was raised on the stories of his eminent ancestors who have produced wine in Tuscany since the beginning of the 14th century. They were explorers, musicians, scholars, bankers and politicians, trading with European courts and supplying wine to royalty and the papacy, as the family archive reveals in documents dating back to the 1200s.

The 30th generation winemaker Marchese Lamberto Frescobaldi was raised on the stories of his eminent ancestors who have produced wine in Tuscany since the beginning of the 14th century. They were explorers, musicians, scholars, bankers and politicians, trading with European courts and supplying wine to royalty and the papacy, as the family archive reveals in documents dating back to the 1200s.

October 16, 2020

Next-gen Euisun Chung takes the wheel of Hyundai after 20 years, apparel brand Uniqlo predicts recovery to pre-pandemic profits within a year, ‘Pasta king’ Guido Barilla says next five years critical to fix global food systems.

Next-gen Euisun Chung takes the wheel of Hyundai after 20 years

South Korean billionaire Euisun Chung has succeeded his father Mong-Koo Chung as chairman of Hyundai Motor Group to drive the world's fifth largest automaker into a future of autonomous driving, renewable fuels and flying cars.

October 3, 2020

Walton family’s Walmart sells Asda to British billionaire brothers, Persson family’s H&M closes 250 stores and ramps up online investment, Lotte Group prepares for the hands-free “untact” future today.

Walton family’s Walmart sells Asda to British billionaire brothers

Walmart, the world’s largest family business, has sold most of its ownership of the Asda supermarket chain in the UK after 21 years to a fledgling British family business owned by the billionaire Issa brothers for £6.8 billion ($8.7 billion).

May 21, 2010

The Hinduja Group, the diversified conglomerate run by the Hinduja family, announced this morning it will buy the private banking subsidiary of the KBC Group, KBL European private bankers, for €1.35 billion.

The Hinduja Group, the diversified conglomerate run by the Hinduja family, announced this morning it will buy the private banking subsidiary of the KBC Group, KBL European private bankers, for €1.35 billion.

May 16, 2008

A behind-the-scenes feud between second-generation members of the Kwok family has burst into the open.

A behind-the-scenes feud between second-generation members of the Kwok family has burst into the open. The Hong Kong-based Kwoks, owners of Sun Hung Kai Properties, have been arguing over who should run the $45 billion company. At the centre of the dispute is a fierce power struggle between the three Kwok brothers – Walter, Thomas and Raymond.

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