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December 13, 2021

Maersk family expands into healthcare with Unilabs deal, Weston family sells Selfridges to Chirathivat family, Lonely billionaire Bill Gates shares The Giving Pledge with ex-wife Melinda.

Maersk family expands into healthcare with Unilabs deal

The family holding company best known for controlling the Danish shipping giant Maersk is making good on its plans to tackle global challenges head on by acquiring a Covid-19 test maker and diagnostics company.

November 29, 2021

Heir Lorenzo Bertelli vows to keep Prada in the family, ‘Self-understanding’ mission statement for Bahlsen push in US, Gautam Adani says climate change policies must be equitable and pragmatic.

Heir Lorenzo Bertelli vows to keep Prada in the family

Lorenzo Bertelli, heir apparent to Prada, promises to keep the Italian luxury fashion group under family control when he succeeds his father in three years’ time.

November 1, 2021

Family-controlled JCB and Fortescue Future Industries sign green hydrogen deal, Lavazza coffee family in $200 million expansion of cafes in China, Sir James Dyson’s family office boosted by $1.8 billion transfer.

Family-controlled JCB and Fortescue Future Industries sign green hydrogen deal

Lord Anthony Bamford, the British second-generation chairman of heavy machinery maker JCB, hails a multibillion-dollar green hydrogen deal with Australian family business Fortescue Future Industries as “a major advance” towards making the clean fuel practical for consumers.

October 18, 2021

Walmart heir Lukas Walton makes impact investments in food and environment sustainability, Chick-fil-A heiress joins Cathy family’s billionaire ranks, Family-owned Ferrero sweetens investments in US and UK.

Walmart heir Lukas Walton makes impact investments in food and environment sustainability

Lukas Walton, a next generation member of the Walmart dynasty, has launched a new impact investing platform inspired by the all-natural diet he says helped him recover from cancer as a child.

September 20, 2021

Rubin family’s Pentland shifts from Brexit Britain to Ireland, Lachlan Murdoch stamps $7 billion influence as deal-making successor, Pernod Ricard acquires premium brands and buybacks shares.

Rubin family’s Pentland shifts from Brexit Britain to Ireland

Pentland Group, the British Rubin family-controlled owner of sports brands Speedo and Lacoste and majority owner of high street retailer JD Sports, has moved offshore because of Brexit.

However, the $9 billion group said its daily trade will stay in the UK and be taxed under UK jurisdiction.

September 15, 2021

Ultra-high net worth individuals (UHNWIs) inevitably have cross border aspects to their affairs. They own assets in and/or have connections to multiple jurisdictions around the world and as such, in advising them, an awareness of international succession law is vital.

Ultra-high net worth individuals (UHNWIs) inevitably have cross border aspects to their affairs. They own assets in and/or have connections to multiple jurisdictions around the world and as such, in advising them, an awareness of international succession law is vital.

August 16, 2021

Grosvenor Group seeks ESG commercial property deals beyond London, Samsung’s ‘crown prince’ Lee Jae-yong released on parole, Warren Buffett maintains Berkshire Hathaway buyback spree over deals.

Grosvenor Group seeks ESG commercial property deals beyond London

Grosvenor Group, the London-headquartered international property businesses owned by the Duke of Westminster and family, looks to expand in the regions of the United Kingdom with its ESG–minded $415 million investment strategy.

The new strategy followed losses in asset values and revenue as Covid-19 pandemic restrictions impacted high street retail in 2020.

May 28, 2021

Nintendo heir’s philanthropic family office mission, Fernando family’s Dilmah succession plan in play, Bestseller billionaire Povlsen prioritises sustainability over rich list ranking.

Nintendo heir’s philanthropic family office mission

The heir of the founding family of Nintendo says his new $919 million family office will be involved in projects which help create a more exciting future for the world, as well as asset management.

May 26, 2021

The British royal family, like many family businesses, has had its share of difficulties lately. Prince Harry, previously viewed as one of the great modernising influences, has become more distant from the traditional business after marrying Meghan Markle.

The British royal family, like many family businesses, has had its share of difficulties lately. Prince Harry, previously viewed as one of the great modernising influences, has become more distant from the traditional business after marrying Meghan Markle.

Meanwhile, his father Prince Charles has been waiting many years to take over; his uncle, Prince Andrew, has been caught up in an international scandal; and to cap it all, the Queen recently lost her husband, Prince Philip, after 74 years of marriage.

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