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Wealth

Rewards and the family business
Next-gens, and indeed others in family businesses, surely feel plenty of pressures, but they also have the promise of authentic rewards that Wall Street’s synthetic alpha males can’t dream of.

Jeremy Hazlehurst

If you were to make a list of the things that Wall Street needs more of, then testosterone might not come high on the list. But according to a plastic surgeon who works there, there has recently been a constant queue of men asking for injections of the hormone to make them more aggressive.

Family businesses and “discontinuous change”
Family businesses are faster to react to “discontinuous change” than their non-family counterparts, but hesitancy to boost investment or allocate more resources when needed can be detrimental to their growth.

Rashmi Kumar

Family businesses are faster to react to “discontinuous change” than their non-family counterparts, but hesitancy to boost investment or allocate more resources when needed can be detrimental to their growth.

Zurich or Shanghai: Where will the wealth go?
Switzerland has long since been home to many of the world’s richest people, but as wealth increasingly moves to emerging economies, how much longer will this last?

Attracta Mooney

Switzerland has long since been home to many of the world’s richest people, but as wealth increasingly moves to emerging economies, how much longer will this last?

Family business roundup: Profit falls at Heineken and Peugeot polls apart

Two European family businesses have reported contrasting results for 2011 – while automobile-manufacturer Peugeot Citroen has been dragged down by loss in its core division, Dutch brewery Heineken has taken advantage of the booming emerging markets to offset decline in Europe.

Rashmi Kumar

Automobile-manufacturer Peugeot Citroen has been dragged down by loss in its core division while Dutch brewery Heineken has taken advantage of the booming emerging markets to offset decline in Europe.

Family business behind Empire State Building to go public

The family behind Malkin Holdings, which controls the iconic Empire State Building, plans to list its shares on the New York Stock Exchange to boost liquidity at the family business.

Rashmi Kumar

The family behind Malkin Holdings, which controls the iconic Empire State Building, plans to list its shares on the New York Stock Exchange to boost liquidity at the family business.

Family business roundup: Sawiris and White families sell company stakes

Naguib Sawiris, who is the former chairman of Egyptian family business Orascom Telecom Holding, has sold most of his stake in the group’s mobile operations to its French partner.

Rashmi Kumar

Naguib Sawiris, who is the former chairman of Egyptian family business Orascom Telecom Holding, has sold most of his stake in the group’s mobile operations to its French partner.