Vimeo
LinkedIn
Instagram
Share |

heiress

January 31, 2020

Principal makes way for next gen succession at H&M, Louis Dreyfus Company heiress open to selling stake and Hong Kong headwinds hit LVMH.

Principal makes way for next gen succession at H&M

The billionaire Persson family principal of Sweden’s Hennes & Mauritz has called for his son to succeed him as chairman as the $1.7 billion fast fashion family business welcomes its first female chief executive in its 73-year history.

April 24, 2014

A third gen of the Walmart dynasty is facing a difficult divorce from her husband of six years, after filing a civil lawsuit claiming he stole money from her during their marriage.

A third gen of the Walmart dynasty is facing a difficult divorce from her husband of six years, after filing a civil lawsuit claiming he stole money from her during their marriage.

Paige Laurie is divorcing her husband Patrick "Bo" Dubbert citing irreconcilable differences, but also lodged a civil suit on the grounds he siphoned cash from a business they operated together.

Laurie, the granddaughter of Bud Walton, the brother of Walmart founder Sam Walton, and Dubbert owned a shopping centre in Malibu that Dubbert managed.

September 13, 2013

Distant relatives of an American copper heiress are challenging the validity of her will, which deliberately denies them a slice of her $300 million fortune.

 

Distant relatives of an American copper heiress are challenging the validity of her will, which deliberately denies them a slice of her $300 million (€234.4 million) fortune.

Huguette Clark, the reclusive youngest daughter of copper magnate and US senator William Clark, died in 2011 at the age of 104.

October 4, 2011

The feud between France’s richest women, L’Oreal heiress Liliane Bettencourt, and her daughter is waging on, with the 88-year-old now planning to declare “nuclear war”.

The feud between France’s richest women, L’Oreal heiress Liliane Bettencourt, and her daughter is waging on, with the 88-year-old now planning to declare “nuclear war”.

Speaking to the Journal du Dimanche, her lawyer, Jean-Rene Farthouat, said Bettencourt was ready for battle and would attempt to reclaim the €15 billion in shares that she previously gave François Bettencourt-Meyers.

"I saw Liliane Bettencourt on Friday, and she is in favour of nuclear war," he said.

June 9, 2011

Francoise Bettencourt-Meyers, daughter of L’Oreal heiress Liliane Bettencourt, has filed another legal challenge questioning her mother’s mental state, only six months after dropping a previous challenge.

Francoise Bettencourt-Meyers, daughter of L’Oreal heiress Liliane Bettencourt, has filed another legal challenge questioning her mother’s mental state, only six months after dropping a previous challenge.

According to reports, Bettencourt-Meyers has accused her mother’s lawyer, Pascal Wilhelm, of allegedly taking advantage of the 88-year-old heiress after Bettencourt invested €170 million in a company belonging to one of her lawyer’s clients.

January 12, 2011

Amancia Ortego, the billionaire founder of Spain-based Inditex Group, owner of clothing brand Zara, plans to retire as chairman of the company he started 25 years ago, leading to speculation that his daughter might be the eventual heir apparent.

Amancia Ortego, the billionaire founder of Spain-based Inditex Group, owner of clothing brand Zara, plans to retire as chairman of the company he started 25 years ago, leading to speculation that his daughter might be the eventual heir apparent.

He will be replaced by non-family member Pablo Isla, the current chief executive and chairman, but some insiders reckon that his youngest daughter, Marta Ortego Perez, will eventually take control of Inditex.  

Click here >>
Close