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, Julian Dunkerton is in talks to take Superdry private; Wee Ee Cheong hopes to keep his father’s UOB stake in the family; and tributes are paid to Daiso founder Hirotake Yano.
In this week’s FB Roundup, Nassef Sawiris considers breaking up his business empire; Donald Trump’s niece blames the ex-US president for ending their family’s legacy; and Massimo Moratti’s family sells key stake in their refining firm.
In this week’s FB Roundup, L’Occitane’s owner Reinold Geiger aims to take the company private; Samsung CEO Lee Jae-yong is found not guilty after an inheritance lawsuit; and former Chilean president and billionaire mogul Sebastián Piñera dies aged 74.
In this week’s FB Roundup, tributes are paid to Australian property developer Lang Walker; Sultan Ibrahim Iskandar is sworn in as Malaysia’s 17th king; and Singaporean banking giant Wee Cho Yaw passes away aged 95.
