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David Koch

January 16, 2015

Education is one of the top causes that wealthy families donate to globally, with many high-profile examples of significant donations being made to tertiary institutions. But is donating to a top university or your alma mater beneficial for society as a whole, or just an elite few? 

September 12, 2014

The cyber world may seem intangible, but security breaches can have a very real impact on your family's money, reputation and even safety. CampdenFB looks at how and why family offices should take data security seriously

In May, Target chief executive Gregg Steinhafel stepped down after 35 years at the chain, following revelations a data breach had affected 70 million customers – one of the largest consumer data breaches ever. It came just one year after the National Security Agency (NSA), one of the most secretive government bodies in the US, was embarrassed by third-party contractor Edward Snowden, who released information to the media about their surveillance of non-consenting individuals. Data security breaches, big and small, are on the increase, and are making headlines.

September 25, 2012

Is wealth generation on the move again, this time from east to west? If two different rich lists, published by Forbes in the US and Hurun in China, are anything to go by, that appears to be the case.

Is wealth generation on the move again, this time from east to west? If two different rich lists, published by Forbes in the US and Hurun in China, are anything to go by, that appears to be the case.
 
According to the Hurun Rich List, which tracks wealth in China, nearly half of the country’s 1,000 richest have seen their fortunes fall this year. The average wealth of the super-rich has dropped by 9% to $860 million (€665 million).
 

August 21, 2012

It’s a case of yeehaw for billionaire Bill Koch, who’s reportedly constructed his very own old West town.

It’s a case of yeehaw for billionaire Bill Koch, who’s reportedly constructed his very own old West town.

The tycoon’s replica town in Colorado comes complete with 50 buildings, including a saloon, jail, livery, church and train station – perfect for any aspiring cowboy.

Built on his 6,400-acre Bear Ranch property, it also features broad sideways and polished brass, according to the Denver Post.

March 8, 2012

The top 20 richest people in the world are collectively worth $634 billion (€479 billion) and over half owe their fortunes to family businesses.

The top 20 richest people in the world are collectively worth $634 billion (€479 billion) and over half owe their fortunes to family businesses.

That’s according to the latest Forbes billionaires list, released on 7 March, which showed that 14 of the top 20 on the list had family-controlled groups responsible for their wealth.

March 5, 2012

Carlos Slim, who controls Mexican conglomerate Grupo Carso, is the richest person in the world, with a fortune of about $68.5 billion (€51.9 billion). 

Carlos Slim, who controls Mexican conglomerate Grupo Carso, is the richest person in the world, with a fortune of about $68.5 billion (€51.9 billion).

September 22, 2011

Many of the US’s richest people have family businesses to thank for their huge fortunes, but the number of people who inherited their wealth on Forbes’s 2011 list of the wealthiest Americans has fallen.

Many of the US’s richest people have family businesses to thank for their huge fortunes, but the number of people who inherited their wealth on Forbes’s 2011 list of the wealthiest Americans has fallen.

February 15, 2008

Four business-owning family members have been named in the top 20 American philanthropists in a new poll which provides an annual analysis of the largest charitable contributions.

Four business-owning family members have been named in the top 20 American philanthropists in a new poll which provides an annual analysis of the largest charitable contributions.

Barron Hilton, 80, chairman of the Hilton Hotel Corporation, came second in the list – The 2007 Slate 60 – with a $1.2 billion donation to his father’s trust, The Conrad N Hilton Foundation, which donates money to help the world’s most disadvantaged people. The contribution came from proceeds from the sale of Hilton Hotels Corporation and the pending sale of Harrah’s Entertainment.

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