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.

Press Association

NEWS & ANALYSIS

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

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.

Primogeniture is no longer the norm when it comes to succession planning, a new family business report reveals, with daughters and younger siblings worldwide increasingly taking up executive positions.

Financial services firms serve their own agenda – selling and distributing products and services – and should not be confused with family offices, despite often positioning themselves as such, a new journal paper has argued.

Features

Her family’s business changed the world of travel, but while the rest of the clan have their sights set on the skies, Danielle Ryan is taking the road less travelled with her new luxury publishing, film and fragrance business.

Her family’s business changed the world of travel, but while the rest of the clan have their sights set on the skies, Danielle Ryan is taking the road less travelled with her new luxury publishing, film and fragrance business.

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.

Family Office

As one of the fastest growing groups of impact investors, family offices will benefit from the recommendations of a G7 taskforce seeking to unleash the sector’s $1 trillion potential.

The Rockefellers, a family synonymous with oil and wealth in the US, are among a coalition of ultra wealthy investors that have today announced they will divest $50 billion in fossil fuel assets.

The Rockefellers, a family synonymous with oil and wealth in the US, are among a coalition of ultra wealthy investors that have today announced they will divest $50 billion in fossil fuel assets.

FEATURED VIDEO: The Family Office

Part 1: Family offices vs. Banks - the risks and rewards for family wealth

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