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inheritance

August 13, 2013

The affairs and scandals of a family that brought the world Band-Aids and antiseptic through its family business empire have been laid bare in a new unauthorised biography.

The affairs and scandals of a family that brought the world Band-Aids and antiseptic through its family business empire have been laid bare in a new unauthorised biography.

June 17, 2013

Entrepreneurship has superseded inheritance as the main source of wealth creation in developed economies, according to a global survey of high net worth individuals.

Entrepreneurship has superseded inheritance as the main source of wealth creation in developed economies, according to a global survey of high net worth individuals, while in developing economies many entrepreneurs are now dealing with succession and inheritance planning for the first time.

The Barclays survey – Origins and Legacy: The Changing Order of Wealth Creation – found that there has been a big shift in the way the world’s wealthiest are spending and sharing their money due to changing patterns of wealth creation.

May 31, 2013

Greek authorities are reportedly examining the legality of the sale of Skorpios Island, the private retreat of late shipping owner Aristotle Onassis, amid claims it contravenes the wishes outlined in his will.

Greek authorities are reportedly examining the legality of the sale of Skorpios Island, the private retreat of late shipping owner Aristotle Onassis, amid claims it contravenes the wishes outlined in his will.

March 12, 2013

Gina Rinehart, Australia's richest woman, can breath a small sigh of relief knowing she has one less family member to fight in an ongoing legal dispute. 

Gina Rinehart, Australia's richest woman, can breath a small sigh of relief knowing she has one less family member to fight in an ongoing legal dispute.

Rinehart has reached a financial settlement with her estranged daughter Hope Rinehart Welker – one of three of her children involved in litigation to remove her as sole trustee of their trust fund.

June 20, 2012

Many wealthy baby boomers are considering not leaving their children an inheritance in favour of giving their money to charity.

Many wealthy baby boomers are considering not leaving their children an inheritance in favour of giving their money to charity.

That’s one of the findings of research by US Trust, part of the global wealth and investment management unit of Bank of America, which looked at 642 Americans with at least $3 million (€2.36 million) in investible assets and found big variations in how different generations view wealth transfer.

April 12, 2010

Gianluigi Gabetti, the non-family chairman of the Agnelli family’s private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.

Gianluigi Gabetti, the non-family chairman of the Agnelli family's private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.
 

March 18, 2010

Margherita Agnelli de Pahlen, daughter of the late Fiat chairman Gianni Agnelli, yesterday lost the court case she brought against her mother and three of her father’s advisors in which she claimed she had been denied her full inheritance.

Margherita Agnelli de Pahlen, daughter of the late Fiat chairman Gianni Agnelli, yesterday lost the court case she brought against her mother and three of her father's advisors in which she claimed she had been denied her full inheritance.
 
Fourth generation Agnelli de Pahlen claimed her father's estate had up to €1 billion in undeclared assets that had not taken into account and had called for a fuller accounting of the estate.
 

May 1, 2007

Watching a child get married is an emotional time for any parent, especially if you think their partner is unsuitable. But how can you prevent the family business being affected by a potential divorce settlement? Karen Jones explores the growing world of “pre-nups”

Watching a child get married is an emotional time for any parent, especially if you think their partner is unsuitable. But how can you prevent the family business being affected by a potential divorce settlement? Karen Jones explores the growing world of "pre-nups".

Jones is a freelance journalist based in the UK.

March 1, 2005

The myth that the eldest son automatically inherits the bulk of a wealthy estate or family business could be exploded once and for all, if the findings of a new study on Britain’s rich are to be believed.

Scott McCulloch is editor of Families in Business

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