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, tributes are paid to the billionaire aristocrat Charles Cadogan; The Moreira Salles family aims to increase their stake in the Havaianas flip-flop brand; and Wang Jianlin loses $40 billion as his Dalian Wanda Group faces collapse.
In this week’s FB Roundup, George Soros hands control of his $25 billion empire to son Alexander; Ivan Glasenberg is set to buy Italian bike brand Pinarello; and John Catsimatidis aims to install himself as CNN’s new CEO.
In this week’s FB Roundup, Turkey’s Ciner family gets set for a major London IPO; Chicago billionaire James Crown reveals his plan to reduce the city’s crime rate; and Robin Li presents a fund to help Chinese generative AI startups.
In this week’s FB Roundup: Sheikh Maktoum opens the Dubai Centre for Family Businesses; Gymshark founder Ben Francis plans to open more physical stores; and tributes are paid to billionaire real estate investor Sam Zell.