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September 26, 2014

Momentum in the oil and gas sector has led to a dramatic increase in the number of millionaires in Texas, with the city of Dallas seeing the fastest growth in the US, according to new research. 

Momentum in the oil and gas sector has led to a dramatic increase in the number of millionaires in Texas, with the city of Dallas seeing the fastest growth in the US, according to new research.

The first Capgemini/RBC United States Wealth Report found that millionaire growth in the region was driven primarily by investment in new technology, particularly in the state’s two largest cities, Dallas and Houston.

August 1, 2014

German family businesses are feeling the pinch from Russia’s confrontation with the West, particularly carmaker Volkswagen, who has reported an 8% year-on-year decrease in Russian sales. 

German family businesses are feeling the pinch from Russia’s confrontation with the West, particularly carmaker Volkswagen, who has reported an 8% year-on-year decrease in Russian sales.

With further sanctions on the horizon, Volkswagen, controlled by the Piech family, is just one of approximately 6,000 German family businesses operating in Russia that are expected to suffer from the incoming “level three” sanctions.

March 6, 2014

A new wing at the British Museum, opening today, has been made possible by one of the largest private philanthropic donations to the arts in the UK in recent decades, but the country still lags behind the US when it comes to charitable donations to arts and heritage.

A new wing at the British Museum, opening today, has been made possible by one of the largest private philanthropic donations to the arts in the UK in recent decades, but the country still lags behind the US when it comes to charitable donations to arts and heritage.

The Sainsbury family, of the eponymous supermarket empire, donated £25 million (€30.5 million) to the World Conservation and Exhibitions Centre at the London institution, which will open with an exhibition of Viking artifacts.

February 25, 2014

Welcome to CampdenFB’s fourth annual Top Family Business Leaders list, and, aided by a panel of experts, we have scoured the globe to find the individuals heading some of the most innovative, fastest growing and influential businesses on the planet.

It's that time of year again – CampdenFB's annual Top Family Business Leaders list. This year we bring you 60 of the most successful stewards and innovators in family business across the globe.

December 23, 2013

Swiss family-controlled watch business Swatch has come out on top after a bitter legal dispute with luxury jewellery company Tiffany & Co, winning $449.5 million (€328.6 million) in damages.  

Swiss family-controlled watch business Swatch has come out on top after a bitter legal dispute with luxury jewellery company Tiffany & Co, winning $449.5 million (€328.6 million) in damages.

Swatch, controlled by the Hayek family, filed a claim with the Netherlands Arbitration Institute in 2011 over the termination of a contract between the two companies.

The following year Tiffany, a publicly traded company, filed a counter claim.

July 5, 2013

Five Guys, the US burger chain controlled by the Murrell family, has expanded to Europe, with the opening of its first restaurant in London on 4 July.

Five Guys crosses the Atlantic, while the Harmsworth and Germinder families have strengthened control over their respective businesses.

Five Guys
Five Guys, the US burger chain controlled by the Murrell family, has expanded to Europe, with the opening of its first restaurant in London on 4 July.

June 26, 2013

Family business should not be confused with small business in the US

Size matters in the US, which is home to some of the world’s biggest family businesses. The country’s five largest family-controlled firms – Walmart, Ford, Cargill, Koch Industries and Comcast – had combined revenues of $911.9 billion (€694.8 billion) in 2012, more than Indonesia’s GDP.

May 10, 2013

The Ford family has retained control over the eponymous automaker, despite a growing number of shareholders voting in favour of ending dual-class shares. 

The Ford family has retained control over the eponymous automaker, despite a growing number of shareholders voting in favour of ending dual-class shares.

At the company’s 58th annual meeting, 33.4% of shareholders, the highest tally ever, backed the proposal to end the class of shares that allows the family to control Ford Motor. Last year 29.5% voted against the company’s dual-share structure.

February 24, 2012

Two of the world’s largest family businesses had a mixed week. US retail giant Walmart saw profits drop, while Peugeot Citroen reportedly looked to team up with General Motors to better compete in the fiercely competitive European car market. 

Two of the world’s largest family businesses had a mixed week. US retail giant Walmart saw profits drop, while Peugeot Citroen reportedly looked to team up with General Motors to better compete in the fiercely competitive European car market.

Walmart, the supermarket chain controlled by the Walton family, said net profits for the year ended 31 January 2012 fell by 4.2% to $15.7 billion (€11.69 billion), from $16.4 billion the previous year.

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