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, the Perrodo family receives a $900 million energy windfall; the Haslam family sues Warren Buffett’s Berkshire Hathaway; and Jamie Dimon prepares to sell some of his JPMorgan shares.
In this week’s FB Roundup, cousins Jim Davis and Steve Bisciotti buy Newly Weds Foods: the José de Mello Group establishes a new investment vehicle; and Naguib Sawiris eyes up investment in a $7 billion copper-gold project.
As the heirs of Joseph Safra are caught up in a bitter inheritance row, preparation, education and communication continue to be the key watchwords for ultra-high-net-worth families going through their own succession process.
The inaugural Campden Global Owners & Family Office Congress brought together multi-generational families of wealth from around the world to discuss lessons of the past and plan for the future.