Philanthropy remains at the heart of many family businesses around the world. This year’s European Family Office Report finds that slightly more than half of European family offices want to give back.
In this week’s FB roundup, George Soros closes office in Hong Kong, Propsoch raises funding supported by the Godrej family, and Home Depot’s Bernie Marcus dies.
In this week’s FB roundup, the family office of Paul Allen invests in Picnic, the Tanoto family is linked to deforestation in Borneo, and Bernard Arnault makes a bet on AI.
In this week’s FB roundup, the Enthoven family looks to take over "The Observer" newspaper, Bernard Arnault plans to buy Paris FC, and David Thomson deepens bets on AI.
In this week’s FB Roundup, Andrew and Nicola Forrest buy the Australian hatmaker Akubra; Henry Cheng casts doubts over his family’s succession plans; and Christian Angermayer sets up new offices in Abu Dhabi.
In this week’s FB Roundup, Renata Kellnerova and family consolidate their $12 billion fortune into a new holding company; the Chirathivat family take full ownership of Selfridges department store; and the Desmarais family sell a minority stake in Sagard.
In this week’s FB Roundup, Swiss watch magnate Jörg G. Bucherer passes away; the Struengmann brothers cut their holding in BioNTech; and the Barclay family bid £1 billion to regain ownership of the Telegraph newspaper group.
In this week’s FB Roundup, Vanessa Gold is set to sell a 10% stake in West Ham United football club, Gina Rinehart increases her lithium mining share ownership; and Stanley Druckenmiller expresses concern about the US economy.