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, Françoise Bettencourt Meyers becomes the first woman to have a net worth in excess of $100 billion; tributes are paid to Venezuelan media magnate Gustavo Cisneros; and Yorkshire’s Shepherd family sell their Portakabin firm for £1.5 billion.
In this week’s FB Roundup, Hermès heir Nicolas Puech is reportedly adopting his 51-year-old gardener in a succession shakeup; MacKenzie Scott donates $2.1 billion in 2023; and Mining magnate Andrew Forrest calls to scrap fossil fuels.
In this week’s FB Roundup, Nassef Sawiris redomiciles his family office to Abu Dhabi; Shari Redstone is reportedly in talks to sell her media empire stake; and Patrick Drahi is under pressure to sell assets at auction house Sotheby’s.
In this week’s FB Roundup, Antoine Arnault steps down as Berluti chief executive; Lego heir Sofie Kirk Kristiansen sells $930 million of shares in the family firm; and Jonathan Oppenheimer takes control of Nigeria's leading can manufacturing company.
