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September 1, 2017

Jailing of Samsung heir a message to chaebol, Ford self-drive cars to deliver pizza, and Father-son team launch new bank.

Jailing of Samsung heir a message to chaebol

The jailing of Samsung chief Lee Jae-yong for five years has fuelled public conversation in South Korea about the huge family-owned businesses which dominate the economy.

Samsung heir Lee Jae-yong was sentenced on corruption charges this week following a case dubbed “the trial of the century”, due to the message it sent the country’s massive conglomerates.

February 28, 2017

Second-gen Lee Jae-yong, the vice chairman and heir apparent of electronics conglomerate Samsung, is to be indicted on multiple charges including bribery and embezzlement, according to prosecutors.

Second-gen Lee Jae-yong, the vice chairman and heir apparent of electronics conglomerate Samsung, is to be indicted on multiple charges including bribery and embezzlement, according to prosecutors.

Earlier this month, the 48-year-old was arrested for his alleged role in providing about ₩43 billion ($37 million) to a friend of South Korean president Park Geun-hye to win state approval for a controversial 2015 merger.

February 16, 2017

Samsung heir arrested in corruption scandal; Hanjin Shipping sunk by South Korean court; and Cargill to invest further $300 million in Egypt

Samsung heir arrested in corruption scandal

January 19, 2017

Lundin Petroleum announces its 2017 budget, Galen G Weston succeeds father as George Weston CEO, Samsung heir Lee Jae-yong has avoided arrest

Lundin Petroleum announces its 2017 budget

Family-owned oil and gas company Lundin Petroleum, controlled by the eponymous Swedish family, will spend about $1.3 billion on development, appraisal, exploration and production this year, according to its 2017 budget.

January 13, 2017

LL Bean boycotted after heiress donated to Trump campaign; Samsung heir quizzed on bribery allegations; and Hero Motocorp sales down one-third in December

LL Bean boycotted after heiress donated to Trump campaign

LL Bean heiress Linda Bean has landed the Maine-based retailer on a prominent boycott list after contributing $55,000 more than allowed to President-elect Donald Trump's campaign.

In response to her $60,000 donation, the Grab Your Wallet campaign, which launched in October in response to Trump’s comments about women, encouraged consumers to avoid the retailer.

December 28, 2016

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Away from politics, in 2016 many family enterprises have been wrangling with the ever-present challenge of succession or exploring artificial intelligence, while we farewell Mars family patriarch Forrest E. Mars Jr. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

September 16, 2016

Samsung next-generation succession continues, BlackRock joins €2 billion suit against Volkswagen, All aboard Maersk after Hanjin hits choppy waters

Samsung next-generation succession continues
Samsung next-generation heir Lee Jae Yong has been nominated to join the board of Samsung Electronics – the embattled arm of the family-controlled conglomerate.

September 2, 2016

Samsung’s value drops $7 billion on battery fire reports; AB InBev and SABMiller deal to yield $2 billion in fees and taxes; and Faber-Castell teams up with Karl Lagerfeld on art equipment

Samsung’s value drops $7 billion on battery fire reports

South Korea's largest family-owned conglomerate Samsung has seen its stock plunge by $7 billion this week amid reports that batteries in its new flagship device have exploded.

The Suwon-headquartered group has in turn issued an unprecedented recall of all of its newest Galaxy Note 7 smartphones.

The recall comes just one week ahead of an expected presentation of a new iPhone model from its main rival Apple.

September 1, 2016

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

The Japanese company owned by the Toyoda family grew by 30% to become the fifth fastest growing portfolio of brands, according to branded business valuation and strategy consultancy Brand Finance.

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