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 the Ambani family considers stake in Lord’s 100-ball cricket tournament; Prada has said that it is open to acquisitions; and the trial of Bill Hwang starts.
In this week’s FB roundup Turkey’s Ciner family abandons plan to float; Sonia Sarmiento Gutiérrez has died; Vincent Bolloré looks to open electric car battery factory; and Thierry Dassault plans to promote family members to board.
In this week’s FB Roundup, Bernard Arnault’s sons join him on the LVMH board; Walmart heir Rob Walton is retiring from the company's board after more than 40 years; and Spanish luxury goods firm Puig go public...
In this week’s FB Roundup, Giorgio Armani hints at new leadership once he steps down from his fashion empire; Gina Rinehart purchases a six percent stake in Lynas Rare Earths; and Daniel Kretinsky’s bid to buy Royal Mail is rejected.