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November 25, 2014

In her first major move since becoming chair, Santander fourth-gen Ana Botin has appointed a new chief executive to lead the family-owned Spanish bank, and made four new appointments to the board.

In her first major move since becoming chair, Santander fourth-gen Ana Botin has appointed a new chief executive to lead the family-owned Spanish bank, and made four new appointments to the board.

November 18, 2014

Independent shareholders have voted overwhelmingly to abolish the dual class share structure of media empire News Corp at its recent annual meeting, but Murdoch family control means the company will stick with the status quo.

Independent shareholders have voted overwhelmingly to abolish the dual class share structure of media empire News Corp at its recent annual meeting, but Murdoch family control means the company will stick with the status quo.

The Murdoch family holds 40% of the voting rights in the publishing empire, despite owning just 12% of shares, allowing it to effectively control the company with a minority shareholding.

November 18, 2014

The proliferation of entrepreneurialism around the world means the family business sector has massive growth potential, according to Deloitte, and the Big Four firm is positioning itself to further take advantage of this market.

The proliferation of entrepreneurialism around the world means the family business sector has massive growth potential, according to Deloitte, and the Big Four firm is positioning itself to further take advantage of this market.

It announced this month that it is acquiring UK family enterprise business Peter Leach & Partners. In a press release, Deloitte described the eponymous founder as the founding father of family business in the UK.

November 6, 2014

The daughter of Inditex’s founders has declared a 5% ownership stake in the multi-billion dollar Spanish fashion company, best known for its retail chain Zara.

The daughter of Inditex’s founders has declared a 5% ownership stake in the multi-billion dollar Spanish fashion company, best known for its retail chain Zara.

Sandra Ortega owns the stake through holding vehicle Rosp Corunna, which she inherited following her mother’s death from a stroke last year.

October 31, 2014

Heading to university in the US, Hussain Al Alawi, 33, got a taste of the highflying lifestyles of some of his classmates. But with a father unwilling to bankroll such extravagance, the third-gen got entrepreneurial

October 30, 2014

Canadian fourth-gen Paul Sobey, of the eponymous multi-billion-dollar family empire, is following in the footsteps of his father, becoming chancellor of Nova Scotia’s Saint Mary’s University.

Canadian fourth-gen Paul Sobey, of the eponymous multi-billion-dollar family empire, is following in the footsteps of his father, becoming chancellor of Nova Scotia’s Saint Mary’s University.

Sobey retired as president and chief executive of Empire Company, parent of supermarket giant Sobeys Inc, late last year, having been at the helm since 1998.

October 30, 2014

Wisconsin family business Trek Bicycle Corporation has been pulled into the political crossfire of the US midterm elections, after a family member running for governor has come under attack about her tenure at the manufacturer.

Wisconsin family business Trek Bicycle Corporation has been pulled into the political crossfire of the US midterm elections, after a family member running for governor has come under attack about her tenure at the manufacturer.

Mary Burke, 55, is running on the Democratic ticket for the north-central state, with her success as a second-gen executive at Trek being central to her campaign.

October 24, 2014

Charlie Munger, one of the world’s top investors and vice chairman of Berkshire Hathaway, has made a significant gift to theoretical physics, donating $65 million to the University of California Santa Barbara.

Charlie Munger, one of the world’s top investors and vice chairman of Berkshire Hathaway, has made a significant gift to theoretical physics, donating $65 million to the University of California Santa Barbara.

The gift, the largest in the university’s history, will contribute to a residence for visiting scientists with informal living and work areas to foster impromptu discussion.

October 17, 2014

Taittinger was a favourite tipple of Ian Fleming’s James Bond and became the first ever official champagne Fifa served to VIPs at the World Cup in Brazil. Despite its glamorous image, however, the French champagne house adheres to a set of humble family values.

Religion is never far from the surface at Champagne Taittinger. The Gothic spires of Reims’ Notre-Dame Cathedral are clearly visible only a mile from the office of Pierre-Emmanuel Taittinger, the president of the eponymously-named champagne house and figurehead for what he calls “the champagne mission”.

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