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When Riaz Currimjee, a member of one of the oldest and largest industrial family conglomerates in Mauritius, returned home for Christmas wearing a t-shirt with “Africa is the Future” emblazoned across the chest, many of his family thought he’d lost the plot. So when the 42-year-old announced he was going to focus his new private equity firm Surya Capital on the birthplace of mankind he got more than a few odd looks. 

The Murdoch family likely had a considerable amount of discussion and debate about the succession of brothers James and Lachlan Murdoch to the helm of 21st Century Fox, a US family business expert says, and did well to keep those discussions contained.

Rupert Murdoch, the second-gen head of media empires 21st Century Fox and News Corp, has stepped back as chief executive of the former so his son James can step into the spotlight.

As an eleventh-gen family member and long-time head of the M DuMont Schauberg Group, Alfred Neven DuMont was one of the Germany's most important post-war newspaper publishers.

Oil and shipping billionaire John Fredriksen has appointed a new president to head up his family office, Fredriksen Group.

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