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.
As ultra-high-net-worth families navigate a major global wealth and succession transition, questions are being asked about effective implementation of transparent and communicated succession plans.