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, Gautam Adani bids for an Ambani-owned Indian power plant; Asif Aziz wins permission to turn London’s Trocadero into a mosque; and billionaire businessman Mike Danson is set to take control of Wigan Warriors.
In this week’s FB Roundup, the Issa brothers invest in zero-emission lorry business HVS; Mukesh Ambani’s daughter is set to join the Jio Financial board; and Daniel Kretinsky aims to take control of French supermarket chain Casino.
In this week’s FB Roundup, tributes are paid to Chicago billionaire James Crown; South Korean billionaire Lee Joong-keun gives $70,000 to every household in his hometown; and Robert Smith doubles his investment in software maker Apptio.
In this week’s FB Roundup, Nat Rothschild’s Volex secures a £135 million Turkish firm takeover, Amancio Ortega moves into logistics real estate with a €105 million purchase; and Rihanna resigns as CEO of the Savage X Fenty lingerie brand.
