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 Saadé family makes an ‘exceptional’ donation to the Louvre museum; duty-free billionaire Robert Miller’s family office is disbanding its own investment team; and Mahindra & Mahindra proposes a sale of a ‘small number’ of family shares.
In this week’s FB Roundup, tributes are paid to British banking legend Lord Jacob Rothschild; Mohsin Issa steps back from his family business; and self-made Chinese billionaire Zong Qinghou dies aged 79.
Following British Chancellor Jeremy Hunt’s announcement to abolish the current ‘non-dom’ tax regime, are the proposed reforms enough to encourage and incentivise future foreign investment?
