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Family Office

October 16, 2019

Family feud at Italy’s la Repubblica as founder seeks to take control from sons, India pharma brothers arrested over ‘330 million’ fraud and real estate family donate $100 million to help first-generation students.

Family feud at Italy’s la Repubblica as founder seeks to take control from sons

A feud at one of Italy’s most powerful dynasties broke out over the weekend after media tycoon Carlo De Benedetti accused his sons of mismanaging the newspaper business he founded and sought to regain control.

The 84-year-old founder came out of retirement on Sunday and made a €38 million ($42 million) offer to buy a 30% stake in GEDI Gruppo Editoriale SpA, the owner of daily newspapers la Repubblica and La Stampa.

October 11, 2019

Stamping your authority early and rising above family politics is essential in being successful as a non-family executive in a family business, says Michele Norsa, the former Salvatore Ferragamo chief executive and Italian family business guru.

Stamping your authority early and rising above family politics is essential in being successful as a non-family executive in a family business, says Michele Norsa, the former Salvatore Ferragamo chief executive and Italian family business guru.

October 2, 2019

As the political crisis in Hong Kong heats up, migration consultants are being flooded with inquiries from ultra-wealthy families who are looking to leave the embattled city.

As the political crisis in Hong Kong heats up, migration consultants are being flooded with inquiries from ultra-wealthy families who are looking to leave the embattled city.

After a day of celebration in Beijing for the 70th anniversary of Communist Party rule, violent protests once again broke out in Hong Kong, with petrol bombs and bricks thrown by protesters and one 18-year-old protestor shot in the chest with a live bullet.

September 26, 2019

Families looking to formalise their governance structure should ensure all next generation members are involved in the process so they can voice ideas for their future and contribute to the terms, says next gen Marie-Amelie Jacquet.

Families looking to formalise their governance structure should ensure all next generation members are involved in the process so they can voice ideas for their future and contribute to the terms, says next gen Marie-Amelie Jacquet.

September 16, 2019

While some families have one vehicle for their charitable giving, the 11th-generation Hoare family channel their generosity and financial acumen into a suite of philanthropic ventures. James Beech speaks to Alexander Hoare

The family behind England’s oldest privately-owned bank have been giving to charitable causes for more than three hundred years. Now, both its principal and millennial scion are investing their time and talents into a fresh initiative to support early-stage social enterprises at the grassroots, where the need is greatest.

August 26, 2019

Flying in a private jet is the ultimate status symbol, but owning one isn’t the only way to travel. Alison Ebbage considers the practical and cost-effective alternatives.

Private aviation solves the perennial time shortage issue perfectly and provides a luxe experience to those able to afford it. Today there are more options than ever—ownership, fractional ownership and charter, which in turn divides into different models too—depending on whether the charter is for the seat or the plane and whether the access is on a subscription or on-demand basis.

August 19, 2019

The age of quantum computing has dawned and tech giants and start-ups are racing to make the next generation of supercomputers applicable to our daily lives. Alison Ebbage reports on what it means for family businesses and investors.

Quantum computing could turn the technology world on its head. By harnessing properties beyond the grasp of traditional Newtonian physics, the potential is to transform the way that computers look at data and the speed at which they can process and analyse it.

August 12, 2019

A surge in the number of billionaires has made Asian family offices an El Dorado for wealth managers lured by the prospect of bigger pay packages and more varied work.

A surge in the number of billionaires has made Asian family offices an El Dorado for wealth managers lured by the prospect of bigger pay packages and more varied work.

August 12, 2019

Third-generation steelmakers Radha Smelters have had their fair share of ups and downs, which is why educating the next generation, mixed with on-the-job experience, is so highly prized. Nicholas Moody reports

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