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.
As a trusted member of private staff blows the whistle on Prince Albert II’s alleged spending habits, conversations around reliability and discretion are hitting the headlines.
In this week’s FB Roundup, Amancio Ortega leans into a ‘buy the dip’ strategy with a discounted real estate grab; the family of Barry and Honey Sherman argue over a trust payout; and the Whittaker family garners £22 million in dividends as Peel Ports profits rise.
In this week’s FB Roundup, Frederik X becomes Denmark’s new king after Queen Margrethe II’s abdication; John Catsimatidis promotes his son to president of Red Apple Group; and Grifols family sue short-seller Gotham City Research over damaging report.
In this week’s FB Roundup, German eyewear billionaire Günther Fielmann dies aged 84; Frédéric Arnault is appointed CEO of LVMH Watches; and former cinema owners Mooky and Israel Greidinger aim to get back into the movie business.