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Chile

March 24, 2016

Latin American ultra-high net worth (UHNW) business executives are on the lookout for merger and acquisition (M&A) targets and are particularly bullish about regional opportunities, despite the challenging economic environment, new research suggests.

Latin American ultra-high net worth (UHNW) business executives are on the lookout for merger and acquisition (M&A) targets and are particularly bullish about regional opportunities, despite the challenging economic environment, new research suggests.

Risk & Return in Latin America found that 56% of the 45 UHNW family business executives surveyed perceive M&A opportunities in Latin America to be excellent or very good.

January 28, 2016

Following the sudden death of her philanthropist husband late last year, Kris Tompkins, the US conservationist and former CEO of outdoor clothing brand Patagonia Inc, has begun talks with Chilean government over the donation of a vast nature reserve in southern Chile.

Following the sudden death of her philanthropist husband late last year, Kris Tompkins, the US conservationist and former CEO of outdoor clothing brand Patagonia Inc, has begun talks with Chilean government over the donation of a vast nature reserve in southern Chile.

Tompkins is the widow of North Face founder and Esprit co-founder Doug Tompkins, who died in December in a kayaking accident. The well-known adventurer invested around $375 million in South American conservation efforts, particularly in Chile and Argentina.

December 17, 2015

For all the attention climate receives, another environmental crisis – the sixth great extinction – receives relatively less airtime. Jessica Tasman-Jones met with philanthropists seeking to protect and restore the balance of nature – from the Scottish Highlands to Patagonia

This article appeared in the Autumn issue of CampdenFO. Not long after the magazine went to print Doug Tompkins, whose foundation is mentioned in the text and whose wife, Kris, was interviewed for the article, died suddenly in a kayaking accident. Despite being a serial entrepreneur (he founded The North Face and co-founded Esprit), his philanthropy and commitment to conservation is one of the greatest legacies he leaves behind.

March 14, 2012

Be it in North America, South America or Europe, a number of family businesses have cemented their positions this week by reporting positive results for fiscal 2011.

Be it in North America, South America or Europe, a number of family businesses have cemented their positions this week by reporting positive results for fiscal 2011.

Chilean mining company Antofagasta, controlled by the Luksic family, said on 13 March that preliminary sales for full-year 2011 rose to $6.07 billion (€4.64 billion), up from $4.57 billion the year before.

March 10, 2012

Jean-Paul Luksic, chairman of Chilean mining company Antofagasta, has been appointed as interim chief executive, just a week before the family business is due to announce its 2011 results.

Jean-Paul Luksic, chairman of Chilean mining company Antofagasta, has been appointed as interim chief executive, just a week before the family business is due to announce its 2011 results.

The move follows the unexpected resignation of non-family Marcelo Awad, who had been chief executive of the group since 2004.

Antofagasta, which is listed on the London Stock Exchange, did not give a reason for his exit.

August 16, 2010

Two family business dynasties have come together to form a new airline in South America in a move designed to take advantage of the growing demand for air travel in the region.

Two family business dynasties have come together to form a new airline in South America in a move designed to take advantage of the growing demand for air travel in the region.  
 
The Cueto family, who own around 34% of LAN of Chile, and the Amaro family, who have a similar holding in Tam of Brazil, will together control around 38% of the new airline, called Latam Airline Group, making them the group's largest shareholders. The Cueto family will have the largest stake of the new airline, at 24%.

November 1, 2007

Carlos Slim, the world’s richest man, is the figurehead of a Latin American trend of family
businesses ascending to powerful global positions. And many believe that, despite concerns about corruption, this trend will continue if the environment for business improves at the current rate. Melanie Stern analyses the state of play for the region’s business families

Melanie Stern is a freelance journalist based in the UK.

Carlos Slim, the world's richest man, is the figurehead of a Latin American trend of family businesses ascending to powerful global positions. And many believe that, despite concerns about corruption, this trend will continue if the environment for business improves at the current rate. Melanie Stern analyses the state of play for the region's business families

ARGENTINA
Population: 39.0 million
GDP (at market exchange rates): $214.3 billion

July 1, 2006

The Callejas family have suffered and survived both political and economical instability as a family business in Chile. Hard work and determination have ensured they remain a leading player in the mining industry, as Gonzalo Jiménez and Albert von Appen reveal

Gonzalo Jiménez is executive director FBN Chile and Albert von Appen is Professor & Director Family Business Center, Universidad Adolfo Ibañez.

The Callejas family have suffered and survived both political and economical instability as a family business in Chile. Hard work and determination have ensured they remain a leading player in the mining industry, as Gonzalo Jiménez and Albert von Appen reveal

November 1, 2003

Family businesses are the backbone and the engine of the dynamic and market-oriented Chilean economy. And the signs are that they could become an even stronger force in the future

Jon I Martinez is the Jorge Yarur B Professor of Families in Business at ESE, the business school of University of los Andes in Santiago, Chile. He is also a counsellor and board member of several business families.

Family businesses are the backbone and the engine of the dynamic and market-oriented Chilean economy. And the signs are that they could become an even stronger force in the future

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