Family Business
In this week’s FB Roundup, the Mills family open an investment firm after their Medline Industries sale; a Chinese man leaves billionaire adoptive family after reuniting with his multi-millionaire birth parents; and Joseph Lau sells dozens of Hermes bags in a Sotheby’s auction.
With the next generation of family members increasingly beginning to come into the workplace, family businesses are recognising the changes and challenges that succession may bring. New values and a strong focus on sustainability have implications for asset allocation, diversification and definitions of success, says KPMG's Tom McGinness.
The CEO of JSCB "ASIA ALLIANCE BANK", one of the fastest developing banks in the Republic of Uzbekistan, talks about what his home country has to offer family offices looking to establish in the Turkic States and the key issues affecting ultra-high-net-worth families in the region.
In this week’s FB Roundup, Kumar Birla appoints his children as directors of the Aditya Birla Group; the Rothschild family plan to take their investment bank private; and the son of Brazilian billionaire Banco Safra founder sues his family.
In his new book, The Chase Continues, Charles Lowenhaupt presents a practical guide to ageing written for both wealth holders and their adult children who care for them. In an exclusive interview, Lowenhaupt discusses the benefits of talking about getting older and living out your dreams.
Are you looking for an alternative investment strategy that carries high reward with a strong level of security? Creating a partnership with an experienced real estate developer with a strong track record may just be the right strategy.
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