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Lawyers and family business experts suggest a divorce like the one Rupert Murdoch is facing could be a big distraction for a company boss, particularly at a time when the business faces challenges – as the Murdoch empire might following its recent split into two firms.
The Piech and Porsche families, descendents of the founders of the eponymous carmaker, have reasserted their control over Porsche's holding company.
Despite a reluctance to take up riskier assets and a lack of confidence in the equity markets, the world’s richest individuals saw their wealth grow 10% in 2012.
As the clamour for more financial transparency intensifies, offshore financial centres are having to adjust. What does this mean for these centres – and what should family offices know about the changes?
A group of senior London-based financiers have come together to form a new multi family office designed to more closely align the interests of the partners with those of its clients.
Paul Soros, the engineer, shipping magnate, philanthropist and elder brother of billionaire George Soros, died on 15 June, aged 87.
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