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, Andreas and Thomas Struengmann buy Schuelke & Mayr GmbH in a $1.5 billion deal; the Arora brothers look to capitalise on the collapse of Wilko; and Australia's richest person is accused of defrauding her children.
In this week’s FB Roundup, the billionaire Agnelli family takes a 15% stake in Philips; L’Occitane’s owner aims to take his company private; and MacKenzie Scott’s $250 million open call for non-profit donations receives 6,353 applications.
In an exclusive interview, Mohammad Ali Rashed Lootah discusses the evolution and focus of the Dubai Centre for Family Businesses, the role family firms will play in the city’s future and how the region is leading the way in sustainable investment.
In this week’s FB Roundup, the Cheng family takes control of a Vietnamese casino resort; the Eurnekian family invests in a clean energy-powered plant; and Shiv Nadar’s HCL Technologies makes a move into self-driving vehicles.