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FB Roundup: Francoise Bettencourt Meyers, Klaus-Michael Kuehne, Masatoshi Ito

March 13, 2023

In this week’s FB Roundup, L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD; Klaus-Michael Kuehne is to receive $4.5 billion dividends from his transport empire; and tributes are paid to 7-Eleven billionaire Masatoshi Ito.

L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD
The world’s richest woman, Francoise Bettencourt Meyers, has named Cyrielle Villepelet as managing director of her investment company, Tethys Invest, according to Bloomberg.

FB Roundup: Warren Buffett, Harold Hamm, Ronald Perelman

June 21, 2022

In this week’s FB Roundup, Warren Buffett donates $4 billion to charity; Harold Hamm aims to take oil group Continental Resources private; and Ronald Perelman sees big losses as Revlon faces bankruptcy.

Warren Buffett donates $4 billion to charity
Legendary investor and philanthropist Warren Buffett is staying true to his pledge to give away nearly all his personal fortune – valued at $93.4 billion, according to Forbes – with a $4 billion donation to the Bill & Melinda Gates Foundation and four other family charities.

FB Roundup: Birkenstock, Hancock Prospecting, L’Oreal

February 13, 2021

Arnault family’s L Catterton in rumoured Birkenstock takeover bid, Mining magnate Gina Rinehart backs lithium venture, Rocketing e-commerce powers L’Oreal recovery.

Arnault family’s L Catterton in rumoured Birkenstock takeover bid

Birkenstock, the sixth-generation family-owned business and the German footwear industry’s largest employer, could be the next $4.8 billion acquisition by the Arnault family’s private equity firm.

Darshan and Manan Patel of Vini Cosmetics on recovery, risk and family relationships

December 14, 2020

The father and son team behind Vini Cosmetics, the maker of Fogg deodorants, say they are bullish on the Indian economy, its pandemic recovery and are exploring new investment opportunities.

The father and son team behind Vini Cosmetics, the maker of Fogg deodorants, say they are bullish on the Indian economy, its pandemic recovery and are exploring new investment opportunities.

Entrepreneurs Darshan Patel, 58, founding chairman and managing director of the family business, works in tandem with next-generation Manan Patel, 27, chief executive of their family office Vini Investments in Ahmedabad, Gujarat.

From chemicals to cosmetics (and everything in between)

June 2, 2014

São Paulo-based MCassab Group is the face of today’s prosperous, entrepreneurial Brazil. An 86-year-old Brazilian family-run conglomerate with interests spanning Lego distribution to fish farming, its revenues are expected to double to $1 billion by 2018. Peter Shaw-Smith meets its chief executive and patriarch Fábio Cutait

Two miles north-west of the famous Interlagos Formula One racing circuit stands a group of offices, laboratories and warehouses that is the centre for one of the most successful family-run, and yet relatively unknown, conglomerates in Latin America’s biggest economy – MCassab Group.

Lauders continue legacy with Max Factor family acquisition

May 18, 2010

The Estee Lauder Companies Inc, the luxury cosmetics group controlled by the Lauder family, announced yesterday is plans to acquire Smashbox Beauty Cosmetics Inc, a privately-held cosmetics company owned by descendents of make-up legend Max Factor.

An insider reviews...

January 1, 2005

War Paint
By Lindy Woodhead, Wiley

Christine Harland is director of Camdem Writers.

War Paint
By Lindy Woodhead, Wiley

War Paint brings us two powerful characters whose rivalry was legendary and whose entrepreneurial talents were nothing short of brilliant. Florence Nightingale Graham and Chaja Rubinstein, better known as Elizabeth Arden and Helena Rubinstein, became household names worldwide and their beauty brands dominated the market for more than half of the 20th century.

The Midas touch

April 1, 2003

Aukje and Jan Wouda combined their entrepreneurial spirit and experience to form one of Holland’s leading businesses. They tell us why brand acquisition played an important role in the expansion of the company

Melanie Stern is Section Editor of Families in Business magazine.

Aukje and Jan Wouda combined their entrepreneurial spirit and experience to form one of Holland's leading businesses. They tell us why brand acquisition played an important role in the expansion of the company