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 Birkenstock brothers’ net worth rockets after a high-profile IPO; Ted Rogers’ daughter sues her own family firm over board access; and tributes are paid to philanthropist billionaire Chuck Feeney.
In this week’s FB Roundup, hedge fund billionaire Ray Dalio aims to focus on running his family office full-time; Germany’s Schaeffler family are boosting their presence in the electric vehicle supply chain; and Microsoft co-founder Paul Allen’s villa is sold to Israel Englander.
In this week’s FB Roundup, Bernard Arnault is investigated for alleged financial links to a Russian businessman; Kenya’s Ndegwa family expands its empire with new deals; and tributes are paid to Indian billionaire Harpal Randhawa.
In this week’s FB Roundup, Rupert Murdoch hands control of Fox and News Corp to his son Lachlan; Michael Bloomberg reveals his succession plan; and Andrew Forrest pays tribute to his late father.
