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patriarch

July 30, 2021

Porsche family joins billionaire space race with rocket investment, Amancio Ortega’s Inditex fortunes fall and rise with Covid-19 restrictions, Weston family puts Selfridges on the auction block for $5.5 billion.

Porsche family joins billionaire space race with rocket investment

The Porsche family is backing the European rocket launch startup Isar Aerospace Technologies with an eye on the spin-off innovations from easier access to space.

May 27, 2021

In the family council meeting in a city in India, the patriarch of the fast-moving consumer goods family business proudly proclaimed: “I have blocked a bed, nurse, doctor, oxygen cylinder and injection, which will be available for anyone of us if we fall prey to Covid-19. I’m not taking any chances.”

In the family council meeting in a city in India, the patriarch of the fast-moving consumer goods family business proudly proclaimed: “I have blocked a bed, nurse, doctor, oxygen cylinder and injection, which will be available for anyone of us if we fall prey to Covid-19. I’m not taking any chances.”

A hand went up: “Uncle, what if more than one of us needed it at the same time?” He smiled and said not to worry.

May 3, 2021

Samsung’s Lee family to pay $10.8 billion inheritance tax bill, Ferruccio Ferragamo passes leadership torch to brother Leonardo Ferragamo, Fifth-gen Robert Buchbauer declares Swarovski sustainability goals.

Samsung’s Lee family to pay $10.8 billion inheritance tax bill

The family of late Samsung patriarch Lee Kun-hee has unveiled an instalment plan to pay its 12 trillion won ($10.8 billion) inheritance tax bill, to include large donations to South Korean healthcare and museums.

April 16, 2021

I am writing as the son of a successful father whose enormous shadow I have tried to wiggle out of for much of my professional life. I write this from a personal perspective of watching my first generation of wealth creators struggle to involve their next-gen in the family business.

I am writing as the son of a successful father whose enormous shadow I have tried to wiggle out of for much of my professional life. I write this from a personal perspective of watching my first generation of wealth creators struggle to involve their next-gen in the family business.

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?

January 6, 2021

In a recent family business event, a couple of young family business owners were asking questions around their role, finding their place and their individual voice. Questions motivated by their respective positions as heirs, beneficiaries, descendants, inheritors and ‘next-in-line’.

In a recent family business event, a couple of young family business owners were asking questions around their role, finding their place and their individual voice. Questions motivated by their respective positions as heirs, beneficiaries, descendants, inheritors and ‘next-in-line’.

Any one of these descriptions are representative of considerable responsibilities and accepted norms. Taken together, they represent the range and depth of the obligations, paths and expectations which together are captured in one word: successor.

May 11, 2020

Tests faced by wealthy family businesses in the Gulf are usually related to a stock market crash, loss of an investment or, at worst, the sudden death of the family patriarch. However, the Covid-19 pandemic has brought about a new and unprecedented challenge.

Tests faced by wealthy family businesses in the Gulf are usually related to a stock market crash, loss of an investment or, at worst, the sudden death of the family patriarch. However, the Covid-19 pandemic has brought about a new and unprecedented challenge.

When the outbreak was announced the immediate concern for wealthy families, or private clients as we refer to, was the health and safety of the family patriarch since they were now of an advanced age which placed them in the vulnerable and high-risk category.

November 10, 2019

Dr Paul Hokemeyer, the internationally renowned clinical and consulting psychotherapist, reveals the signs of mental health distress that business families should watch out for, why generations cannot expect the same attitudes from each other, and how succession led to a founder’s identity crisis and almost the collapse of the business.

Dr Paul Hokemeyer, the internationally renowned clinical and consulting psychotherapist, reveals the signs of mental health distress that business families should watch out for, why generations cannot expect the same attitudes from each other, and how succession led to a founder’s identity crisis and almost the collapse of the business.

October 28, 2019

A new book finds out why so many wealthy families do not transfer their assets properly to the next generation. Philippe J Weil, author and family office principal, says the answer to this question is fascinating, and doesn’t necessarily have to do with finance.

A new book finds out why so many wealthy families do not transfer their assets properly to the next generation. Philippe J Weil, author and family office principal, says the answer to this question is fascinating, and doesn’t necessarily have to do with finance.

CampdenFB: What inspired you to write Woes of the Rich: Seeing Beyond the Money?

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