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May 13, 2015

Right from the very dawn of the automobile in the 1800s, the name Maybach has been synonymous with quality engineering and high-end luxury. Now one scion is keeping that name alive in a unique fashion.

Throughout the history of the motorcar there is a select group of family names which have themselves become iconic automobile brands, Ford, Morgan, Daimler, Packard and Renault. But one name alone can claim to represent not only the earliest innovations and technical brilliance in the field, but also our contemporary view of the peak of luxuriousness and automotive splendour. That name is Maybach.

November 5, 2014

Sixty per cent of successful entrepreneurs come from a family that has a history of business ownership, according to a new report released by BNP Paribas Wealth Management, and the effect is especially strong in emerging markets.

Sixty per cent of successful entrepreneurs come from a family that has a history of business ownership, according to a new report released by BNP Paribas Wealth Management, and the effect is especially strong in emerging markets.

The trend is most prevalent in Taiwan, Spain, Poland, the Gulf countries, and Turkey, where more than 75% have a family legacy of entrepreneurialism.

The trend is shifting in younger generations, however, and entrepreneurs in developed economies are also less likely to come from family business backgrounds.

October 10, 2014

Asia, the Middle East and Africa are currently some of the fastest growing economies in the world. Now a new report profiles what makes the regions’ high net worth business owners tick.

Founded in 1974, Foxconn, a Taiwanese electronics empire, already has revenues of $131.8 billion (€104.4 billion). It’s not a consumer brand, but its electrical components power iPhones, Kindles and Playstations, among other gadgets. Still in the hands of its founder, Terry Gou, the company is an example of the way private business can exploit the skyrocketing economies of developing regions.

July 10, 2014

Family office professionals are too focused on old money, despite the growth of entrepreneurial wealth, an industry professional says, as a new report reveals the world’s most entrepreneurial countries.

Family office professionals are too focused on old money, despite the growth of entrepreneurial wealth, an industry professional says, as a new report reveals the world’s most entrepreneurial countries.

The Global Entrepreneurial Report, by London-based multi family office Oracle Capital, ranked India the most entrepreneurial country in the world, followed by Turkey and the US.

February 7, 2014

When Linda Farrow founded her eponymous sunglasses brand in 1970 she quickly became one of the hippest names in fashion. Farrow shelved her business in the mid-1980s but since 2003 her son and daughter-in-law have been taking the resurrected label to fabulous new heights. CampdenFB talks to Simon Jablon 

In their early 20s young couple Simon Jablon (left) and Tracy Sedino had the extraordinary good luck of stumbling across a hoard of vintage glasses – a mixture of Linda Farrow, Jablon’s mother’s former label, and other designer stock. Trainee fashion designer Sedino ditched her plans for further study so she and Jablon could bring the Linda Farrow brand back to life.

July 18, 2013

Entrepreneur Lara Tarakjian and her brother are definitely smooth operators – they made their fortune with a chain of 20 laser hair-removal clinics in the Middle East.

Entrepreneur Lara Tarakjian and her brother are definitely smooth operators – they made their fortune with a chain of 20 laser hair-removal clinics in the Middle East.

January 31, 2013

A great entrepreneurial idea was behind most, if not all, family businesses. But are families failing to encourage entrepreneurship later down the line – and what will this mean for their future? 

Not long after Masakazu Kongo took over construction business Kongo Gumi, he disclosed the secret to the family business’s centuries of success. It was simple, he said in a 2003 interview. The family concentrated almost solely on its core business of building temples – which had worked out well for the Japanese firm for more than 1,000 years. 

January 31, 2013

How can business families encourage entrepreneurship among their members and what do future entrepreneurs need to remember? CampdenFB takes a look. 

1: Failure isn’t a bad thing
Most entrepreneurs will fail a couple of times before succeeding. “I don’t think that’s a bad thing. It hurts but I think you can learn a lot from that, if people around you are supportive,” says Johan Andresen, the fifth-generation owner of Norwegian conglomerate Ferd.

 

May 31, 2012

Nicolas Bouckaert is the head of his family’s carpet-making business, Beaulieu of America. But that hasn’t stopped him being an entrepreneur.

Nicolas Bouckaert is the head of his family’s carpet-making business, Beaulieu of America. But that hasn’t stopped him being an entrepreneur.

I wanted an opportunity to get some outside experience – get my feet wet really – before jumping into the family business. It is more valuable to learn by doing things on your own. You will make mistakes, sure, but you learn from them – it is just a different type of learning that you may not get by going directly into the family company.

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