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, Kim Beom-su is arrested for stock manipulation, Ambani’s Reliance Industries plans a $500 million loan, and Al Nahdi Family backs GII.
In this week’s FB roundup, shares in Elon Musk’s Tesla continue to swing, Teddy Sagi takes acquisition of ITG to the High Court, Ali Al Maktoum presses pause on Hong Kong office.
In this week’s FB roundup, the Godrej family sells down its stake in Sobha, Alwaleed bin Talal’s Flynas acquires 160 New Airbus Aircraft, and Mark Zuckerberg-backed DeepL pushes into the Chinese market.
In this week’s FB roundup, Thai billionaire heir’s startup raises $60 million, Ken Griffin buys a stegosaurus for $45 million, and the Safra family resolves inheritance dispute.