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Wealth

August 28, 2009

James Bond creator Ian Fleming always wore it and Florence Nightingale penned thank-you letters for it. Family-owned Floris’s fragrances give an unapologetically old-fashioned experience discovers Claire Adler

The location of the original Floris boutique, in London's Piccadilly, is not just an advantage because of its proximity to affluent Londoners. Ever since its beginnings in 1730, Floris's location has also proved a distinct advantage when it comes to supplying the local royal palaces.

August 28, 2009

A new alliance combining old-fashioned grand hospitality and Michelin starred cuisine in the most opulent surroundings takes luxury to a new level, reports Margie Goldsmith

A collaboration has just been formed between the Sandoz family-owned Beau-Rivage Palace Hotel in Lausanne, Switzerland and the Pic family-owned Maison Pic Restaurant of Valence, France. Both lay claim to over four generations of family leaders, one in the world of hospitality and the other in the world of haute cuisine. Each offers an experience that dates back to an age of elegance, extravagance and grace, and both continue to strive for originality and perfection.

August 27, 2009

England has long been out of step with much of the rest of the world when it comes to the enforceability of pre-nuptial agreements.

England has long been out of step with much of the rest of the world when it comes to the enforceability of pre-nuptial agreements. In July, the headlines which greeted the Court of Appeal's landmark judgment in Radmacher v Granatino proclaimed that England was finally in step with the rest of the world: if you have a pre-nup, you can rely on it in the English Courts. The reality is more complicated. The ruling is the clearest indication yet that the English Courts will give significant weight to pre-nups, but wealthy individuals and families must still beware.

August 27, 2009

Albert Frere, the billionaire founder of Compagnie Nationale a Portefeuille, is auctioning part of his private wine cellar next month to raise money for the Charles-Albert Frere foundation.

Albert Frere, the billionaire founder of Compagnie Nationale a Portefeuille, is auctioning part of his private wine cellar next month to raise money for the Charles-Albert Frere foundation.
 

August 13, 2009

The super yacht is a globally recognised symbol of affluence. But as the wealth of the super rich declines and the market for luxury products contracts, how are family-owned yacht manufacturers faring?

The super yacht is a globally recognised symbol of affluence. Russian oligarch Roman Abromovich commissioned the building of the largest one in the world last month, the Sheik of Dubai has one with a full spa and the Al Said yacht, owned by Sultan Qaboos of Oman, has a concert hall with space for a 50-piece orchestra. But as the wealth of the super rich declines and the market for luxury products contracts, how are family-owned yacht manufacturers faring?

August 13, 2009

Fewer then 10% of family businesses in America succeed to the fourth generation, but Mohonk Mountain House in New York State, celebrating its 140th Anniversary this year, is run by not only fourth but also fifth generation members.

Fewer then 10% of family businesses in America succeed to the fourth generation, but Mohonk Mountain House in New York State, celebrating its 140th Anniversary this year, is run by not only fourth but also fifth generation members. Since 1869 this spacious Hudson Valley resort has been owned and operated by the Smiley family, beginning with Alfred Smiley who came to visit and bought the property with his twin brother Albert.

August 6, 2009

Ben Budworth, fourth-generation publisher of The Lady magazine, knew he was taking on a challenge when he joined his family’s business last year. But modernising a magazine that has been around since the 19th century is no easy task, as he exclusively reveals to Katie Barker.

Ben Budworth, fourth-generation publisher of The Lady magazine, knew he was taking on a challenge when he joined his family's business last year. But modernising a magazine that has been around since the 19th century is no easy task, as he exclusively reveals to Katie Barker.

July 28, 2009

LMVH Moet Hennessy Louis Vuitton, the family-controlled luxury products group, yesterday announced revenues of €7.8 billion for the first half of 2009.

LMVH Moet Hennessy Louis Vuitton, the family-controlled luxury products group, yesterday announced revenues of €7.8 billion for the first half of 2009. This figure is a slight increase on the same period for 2008, although it is below predicted revenues.
 

July 2, 2009

Want to get away from words like recession, financial downturn and economic turmoil? With the holiday season upon us, Campden FB has compiled a list of luxury holidays in the most exclusive locations to inspire even the seasoned traveller. Indulgence, tranquillity and natural beauty await…

Want to get away from words like recession, financial downturn and economic turmoil? With the holiday season upon us, Campden FB has compiled a list of luxury holidays in the most exclusive locations to inspire even the seasoned traveller. Indulgence, tranquillity and natural beauty await…  

Amanyara, Turks & Caicos, Caribbean

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