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, Vietnamese billionaire Truong My Lan is sentenced to death over $44 billion fraud charges; Donald Trump’s Truth Social stake tumbles by nearly $2 billion; and Australian billionaire James Packer quits casino board.
In this week’s FB Roundup, François Pinault’s grandson replaces him on Christie’s board; Lebanon's billionaire prime minister denies allegations of money laundering in France; and Taylor Swift enters the Forbes World's Billionaires List for the first time.
In this week’s FB Roundup, Carl-Clemens Veltins sues his sisters for a share of their family’s German brewing dynasty; Ken Mulvany aims to return to lead BenevolentAI; and Emperor Naruhito leads Japan’s imperial family in their Instagram debut.
In this week’s FB Roundup, the Moreira Salles’ single family office sees a boost in AUM to nearly $11 billion; Joe Lewis is likely to be spared prison time after pleading guilty to fraud; and Michael Dell unloads shares in Dell Technologies.
