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August 2, 2019

The first fourth-generation family member to lead the Nathan Cummings Foundation says a root and branch restructuring of the New York-based philanthropic institution is the best way to honour her family’s legacy.

The first fourth-generation family member to lead the Nathan Cummings Foundation says a root and branch restructuring of the New York-based philanthropic institution is the best way to honour her family’s legacy.

Jaimie Mayer, the 36-year-old great-granddaughter of the founding Canadian-born US businessman, investor and philanthropist, succeeded Ruth Cummings as chair of the board of trustees.

Mayer looked set to introduce changes in culture and policy, and movement building at the 30-year-old family foundation.

June 7, 2019

Sustainability, growth and jobs are at stake when the issue of UK family businesses and inheritance tax flares up, say sector experts.

Sustainability, growth and jobs are at stake when the issue of UK family businesses and inheritance tax flares up, say sector experts.

Tax Justice UK’s new research released this week said the British government was handing out up to £666 million ($849 million) a year in inheritance tax reliefs on land and business property to families who were already well off.

January 18, 2019

Campden Wealth is calling for nominations for its inaugural gala awards in the Americas to recognise the best-in-class family enterprises across the region.

Campden Wealth is calling for nominations for its inaugural gala awards in the Americas to recognise the best-in-class family enterprises across the region.

Organisers at the New York wing of Campden said they were “shocked” to discover there were no existing awards recognising excellence among multigenerational business families of sustainable wealth on the entire continent.

December 4, 2018

Family offices are being embraced by India’s wealthiest $2 trillion families, but few families have a robust succession plan in place to secure their fortunes.

Family offices are being embraced by India’s wealthiest $2 trillion families, but few families have a robust succession plan in place to secure their fortunes.

The world’s first study on India’s nascent family office space, released by Campden Research today, found more than half (58%) of Indian families surveyed were interested in setting up, or joining, a family office to manage, preserve and grow their wealth. Half (50%) said they were in the process of establishing their own family office.

November 26, 2018

Our roundup of new and noteworthy business book releases, featuring Robert Kuok: A Memoir by Andrew Tanzer; The Wealth Elite: A Groundbreaking Study of the Psychology of the Super Rich by Rainer Zitelmann, and Passing the Torch: Preserving Family Wealth Beyond the Third Generation by Ilze Alberts.

Our roundup of new and noteworthy business book releases, featuring Robert Kuok: A Memoir by Andrew Tanzer; The Wealth Elite: A Groundbreaking Study of the Psychology of the Super Rich by Rainer Zitelmann, and Passing the Torch: Preserving Family Wealth Beyond the Third Generation by Ilze Alberts.

Robert Kuok: A Memoir

November 6, 2018

Private equity accounts for 22% of the average family office portfolio worldwide and interest is rocketing among families, a new study by Campden Research says.

Private equity accounts for 22% of the average family office portfolio worldwide and interest is rocketing among families, a new study by Campden Research says.

The new Private Equity Investing and Co-Investment Activity by Family Offices report, released today, said interest in the asset class in the family office community continued to grow, driven mainly by outsized returns and the availability of opportunities “that are deemed superior to those within public equities”.

March 21, 2014

The octogenarian founder of Swedish furniture giant Ikea, Ingvar Kamprad, has moved back to the home country, where he founded the family business, after four decades abroad.

The octogenarian founder of Swedish furniture giant Ikea, Ingvar Kamprad, has moved back to the home country, where he founded the family business, after four decades abroad.

Kamprad, 87, quit Sweden in 1973 in protest against the country's high taxes, initially moving to Denmark before settling in Switzerland in 1976.

He first announced his plans in the summer of 2013, but heart and back problems delayed the move according to the Kamprad family's spokesman.

May 7, 2013

The Agnellis, the family behind Fiat, have built a reputation as one of Italy's greatest industrial dynasties. CampdenFB takes a look at the real people behind the famous names.

January 19, 2011

The world’s largest watchmaker, the Swatch Group, announced on 19 January that its sales reached a record $6.7 billion for 2010, and is upbeat about the year ahead.

The world's largest watchmaker, the Swatch Group, announced on 19 January that its sales reached a record $6.7 billion for 2010, and is upbeat about the year ahead.

The Geneva-based group announced a year-on-year 19% rise in sales, with its watches achieving an "excellent performance" in all markets and price segments. Apart from Swatch watches, the group also makes luxury timepieces like Breguet, Blancpain, Rado and Omega.  

The group said that it was optimistic about 2011, on the back of strong December sales, which were up 21% year-on-year.
 

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