.png)
The family behind American media group the New York Times Company looks to be reigning in control of the family business, in the wake of declining revenues and profits for fiscal 2011.
NEWS & ANALYSIS
|
Gina Rinehart, head of mining giant Hancock Prospecting and Australia’s richest woman, has suffered a setback after a court released details of her long-lasting feud with three of her four children.
|
The Benetton family made an offer of €276.6 million to buy the shares it doesn’t already hold in the eponymous Italian fashion retailer last night, confirming reports that the family is hoping to take the business private.
|
|
Quick decision-making with an eye on long-term success has helped family-controlled companies around the world to flourish, as proven this week with two family businesses reporting strong results.
|
The gender of next-gens is more important than birth order or financial needs to many wealthy parents who are faced with deciding who will inherit the family business.
|
Investment
In the American comedy series Curb Your Enthusiasm, Larry David greets pieces of obvious information that reflect badly on him by throwing up his arms and crying: “Who knew?” In truth Larry David always did know, of course.
Single family offices in Europe and the US anticipated the financial crisis, and were well prepared to ride out the worst period of 2008.
Family Office
High net worth women are concerned about their family’s financial security, but many are still failing to take steps to ensure their wealth passes on to the next generation.
The US Securities and Exchange Commission has published a list of questions and answers to help family offices understand if and how they could be affected by the Dodd-Frank Act.
