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Two of the world’s largest family-owned confectionery firms are to merge.

Some of the world’s most prominent families have dominated a new list which displays the UK’s most affluent individuals.

Warren Buffett, the American investor and philanthropist, is coming to Europe next month to meet and greet family business owners.

LVMH, the luxury group owned by Bernard Arnault and family, has acquired Hublot group, the Geneva-based luxury watchmakers.

News Corporation chairman and CEO Rupert Murdoch is stepping up his involvement in The Wall Street Journal, the newspaper he acquired last August from the Bancroft family as part of Dow Jones & Co.

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