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Ownership and Management

The risk of addiction in family businesses

March 28, 2023

Addiction can be incredibly difficult to manage in any family dynamic - but when it shows up in a family business, the stakes are even higher, says family psychotherapist Fiona Yassin.

Addiction can be incredibly difficult to manage in any family dynamic, but when it shows up in a family business, the stakes are even higher.

But by understanding why and how addiction shows up in family businesses and learning the patterns of behaviour in individuals who misuse drugs and alcohol, families will be better equipped to support the addict out of their illness.

FB Roundup: Mohsin and Zuber Issa, Mackenzie Scott, Gordon Moore

March 28, 2023

In this week’s FB Roundup, the Issa brothers explore an £8 billion takeover of the Subway fast-food chain; MacKenzie Scott launches a $250 million ‘open call’ for non-profits in need of funding; and tributes are paid to Intel co-founder Gordon Moore.

Issa brothers explore £8 billion takeover of Subway fast-food chain
Mohsin and Zuber Issa, the billionaire brothers who own a majority stake in UK supermarket giant Asda, are exploring an £8 billion takeover of the American fast food chain Subway.

FB Roundup: Jacqueline Gold, Charles Schwab, Mario Lopez Estrada

March 21, 2023

In this week’s FB Roundup, tributes are paid to Ann Summers boss Jacqueline Gold; Billionaire broker Charles Schwab loses $2.9 billion in SVB collapse; and Guatemala's first billionaire, Mario Lopez Estrada, dies aged 84.

Tributes paid to Ann Summers boss Jacqueline Gold
Jacqueline Gold, the British entrepreneur who was the executive chair of Gold Group International, Ann Summers and Knickerbox, has passed away at the age of 62, following a seven-year battle with breast cancer.

The 16th richest woman in Great Britain (worth £470 million in 2019, according to The Sunday Times Rich List) died just two months after the passing of her 86-year-old father, David, a businessman and co-chairman of West Ham United football club.

Dr. David Brown: How Viagra opened the doors to machine learning innovation

March 17, 2023

In an exclusive interview with Campden FB, Dr. David Brown talks about his passion for entrepreneurialism, the mind-blowing benefits of machine learning and how big pharma needs a change in mindset…

Throughout his storied career, Dr. David Brown has made significant contributions to medical research within the pharmaceutical industry, but perhaps his most famous innovation came about through a chance observation when the angina medication he was working on had unexpected applications.

While working for Pfizer, he was named co-inventor on the patent for Viagra and, for eight years, led the team that developed the hugely successful erectile dysfunction medication into one of the bonanza breakthroughs of the century.

FB Roundup: Francoise Bettencourt Meyers, Klaus-Michael Kuehne, Masatoshi Ito

March 13, 2023

In this week’s FB Roundup, L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD; Klaus-Michael Kuehne is to receive $4.5 billion dividends from his transport empire; and tributes are paid to 7-Eleven billionaire Masatoshi Ito.

L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD
The world’s richest woman, Francoise Bettencourt Meyers, has named Cyrielle Villepelet as managing director of her investment company, Tethys Invest, according to Bloomberg.

FB Roundup: Rafael del Pino Jr., Fred DeLuca, Tom Love

March 8, 2023

In this week’s FB Roundup, the Spanish prime minister speaks out against Rafael del Pino Jr’s headquarters move; Goldman Sachs joins the bid to buy Subway from founders’ heirs; and tributes are paid to US truck stop chain founder Tom Love.

Spanish prime minister speaks out against Rafael del Pino Jr.’s headquarters move
Spanish prime minister Pedro Sánchez has publicly criticised billionaire businessman Rafael del Pino Jr. after revealing plans to move the headquarters of Ferrovial SA to the Netherlands.

Family office investors turn to private equity to enhance long-term portfolio returns

March 8, 2023

Private Equity is mainstream among ultra-high-net-worth (94% engaged), with the bulk looking for enhanced returns (67%).

According to The Ultra-High Net Worth Private Equity Investing Report 2023 by Campden Wealth and Titanbay, 84% of ultra-high-net-worth (UHNW) investors hold private equity investments, with a further 10% interested in the asset class.

The generational handover in family business: Is it better to appoint internally or externally?

March 7, 2023

Sooner or later, all privately-owned companies have to tackle the quandary of the generational handover, but is it better to keep it in the family or bring in fresh blood, asks Jesús Rico, professor of strategy at EAE Business School?

Sooner or later, all large family companies have to tackle the quandary of the generational handover. Should they appoint a member of the family who knows the company and has its mission imprinted on their DNA? Or is it better to bring on board a director from outside the company who shakes things up with a new vision?

Enhancing human capital in business families: Creating a culture where everyone has a voice

March 3, 2023

Some younger family members aren’t waiting for formal transitions. They’re focused on contributing today to a world that will still be sustainable in 100 years' time, says KPMG's Creagh Sudding.

There are widespread and ongoing discussions among family businesses about thepotential roles and contributions of next-generation family members. In some cases, this is the result of impending succession decisions and the need for a smooth transition from one generation to the next. But, in other cases, younger family members aren’t waiting for formal transitions. They’re focused on contributing today to aworld that will still be sustainable in 100 years' time.

George Muthoot George: ‘Sustainable practice is at the core of what we do’

February 27, 2023

In an exclusive interview with Campden FB, 19th-Generation family member George Muthoot George of the Muthoot Group talks about living up to family legacy, a passion for hospitality and the ultimate motivation for sustainable investment…

For nearly 800 years, the Muthoot family have been heavily involved in business and philanthropy in and around Kerala, India. Since its formal establishment in 1887, the Muthoot Group has grown into multi-layered conglomerate focussing on financial services, healthcare, agriculture, housing, media, education and more.