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Paul Desmarais Jr

April 30, 2019

Foxconn tycoon Terry Gou announces his bid for Taiwan presidency, Desmarais scion hits back at banks over hidden fees, and Thailand’s richest man resigns as chairman of Charoen Pokphand Foods.

Foxconn tycoon Terry Gou announces his bid for Taiwan presidency

Terry Gou, founder and chairman of Apple supplier Foxconn, has stepped down from leading his company to contest Taiwan’s 2020 presidential election.

The announcement came just two days after Gou told Reuters he was considering stepping away from daily operations at the company to pave the way for younger talent to move up the company’s ranks. His son, second-generation Jeffery Gou, has worked in various roles within the company.

September 20, 2016

Affluent families are good at structuring their decision-making around investments, but could more formal processes around philanthropy also be helpful in building family unity? Daniel Bardsley reports

Affluent families are good at structuring their decision-making around investments, but could more formal processes around philanthropy also be helpful in building family unity? Daniel Bardsley reports

It is two decades since the late Canadian business icon Paul Desmarais stepped down from running the Power Corporation of Canada and passed day-to-day control to his two sons.

October 10, 2013

Paul Desmarais, the patriarch of Canadian family empire Power Corp and one of the country’s wealthiest individuals, has died, aged 86.

Paul Desmarais, the patriarch of Canadian family empire Power Corp and one of the country’s wealthiest individuals, has died, aged 86.

A self-made billionaire, Desmarais, took control of the Montreal-based hydroelectric company in 1968, serving as chairman and chief executive for almost three decades, before his two sons took over.

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