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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.

February 6, 2021

Danish Povlsen family’s Bestseller in UK Asos Top Shop deal, German family-controlled Bertelsmann mulls sale of French media group M6, Google co-founder Sergey Brin joins billionaire rush for Singapore family offices.

Danish Povlsen family Bestseller in UK Asos Top Shop deal

Anders Holch Povlsen, the second-generation Danish online retail billionaire, is behind the £295 million ($403 million) acquisition for UK high street names Topshop, Topman and Miss Selfridge.

January 24, 2020

Ferrero family’s $714 million Nestle sweet tooth, succession battle fears after Lotte Group founder’s death, and William Grant and Sons toast whisky sales growth and investments.

Ferrero family’s $714 million Nestle sweet tooth

The Ferrero family is poised to enjoy the cream off the top of its $2.8 billion cash buy-out of Nestle’s US confectionery business and its $1.8 billion deal for Kellogg Co’s cookies and fruit snack brands with a $714 million (€642 million) dividend.

November 21, 2018

Victor Li transforming father’s old empire through new tech, Michael Bloomberg donates $1.8 billion to John Hopkins University, and profits rise to $1.4 billion at top Scottish family firms.

Victor Li transforming his father’s empire through new tech

Victor Li, son of Hong Kong’s richest family and current chairman of CK Hutchinson Holdings, has forged partnerships with a slew of mainland Chinese technology companies after taking over from his father earlier this year.

Li (pictured) succeeded his 90-year-old father Li Ka-Shing as head of first-generation family business CK Group in May.

October 14, 2016

Before plans for a second Scottish independence referendum are prepared for release next week in the wake of Britain’s controversial vote to leave the European Union, a national consultancy dedicated to supporting family businesses has set-up a Scottish base in Edinburgh.

Before plans for a second Scottish independence referendum are prepared for release next week in the wake of Britain’s controversial vote to leave the European Union, a national consultancy dedicated to supporting family businesses has set-up a Scottish base in Edinburgh.

July 26, 2016

Tragedy led Dame Margaret Barbour into the family business – she joined the weatherproof garment company one month after the sudden death of her husband in 1968. In the five decades since, she has turned it into an international fashion label

Tragedy led Dame Margaret Barbour into the family business – she joined the weatherproof garment company one month after the sudden death of her husband in 1968. In the five decades since, she has turned it into an international fashion label – favoured by festival goers through to royalty. Her daughter, Helen, joins her at the helm.

 

 

FAMILY

December 17, 2015

For all the attention climate receives, another environmental crisis – the sixth great extinction – receives relatively less airtime. Jessica Tasman-Jones met with philanthropists seeking to protect and restore the balance of nature – from the Scottish Highlands to Patagonia

This article appeared in the Autumn issue of CampdenFO. Not long after the magazine went to print Doug Tompkins, whose foundation is mentioned in the text and whose wife, Kris, was interviewed for the article, died suddenly in a kayaking accident. Despite being a serial entrepreneur (he founded The North Face and co-founded Esprit), his philanthropy and commitment to conservation is one of the greatest legacies he leaves behind.

February 27, 2015

Scotland’s Baxter Food Group, known for its soups and chutneys, has returned to the sole charge of fourth-gen businesswoman Audrey Baxter, following the sudden departure of a non-family chief executive.

Scotland’s Baxter Food Group, known for its soups and chutneys, has returned to the sole charge of fourth-gen businesswoman Audrey Baxter, following the sudden departure of a non-family chief executive.

Baxter, who has been chairwoman since 2002, will take over from Bill King, who had been chief executive since 2009 and joined the company in 2002.

The announcement coincided with the release of the company’s 2014 results, and news that it has acquired US convenience food and military ration company Wornick.

September 17, 2014

The Scottish independence referendum appears to have created uncertainty for many family businesses north of the border, according to one specialist in the sector. And whether or not the country decides to go it alone it seems there will be significant changes for Scottish family businesses. 

The Scottish independence referendum appears to have created uncertainty for many family businesses north of the border, according to one specialist in the sector. And whether or not the country decides to go it alone it seems there will be significant changes for Scottish family businesses. 

Gary Deans, head of family business at the UK branch of KPMG, said investment and hiring decisions have already been put on hold while companies wait to see what the future political landscape might hold.

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