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Latest News

Legendary toy company prospers
Thursday 9th September 2010
 Danish toy manufacturer Lego recorded double-digit growth across all markets when the company reported its first-half results on 8 September.

Top Stories

Exclusive: Asian family business winner shares... Mittal family gifts giant steel artwork to London Business-owning families dominate world's rich... Bankers launch new UK-based multi-client family... Family winces as Ford sells Volvo for huge loss Baer: "Investors who think and act rationally are... Agnelli heiress loses inheritance court case Agnellis invest in property firm and reportedly... Chairman of Agnelli family holding company to... Johnson family highlights work towards...
Ikea wants a green future, investing in wind farms
Thursday 9th September 2010
 Ikea, the Kamprad family-owned furniture multinational, has acquired six German wind farms from Spain-based wind turbine manufacturer Gamesa in a further attempt to reduce its carbon footprint.
Richemont remains cautious despite sales hike
Wednesday 8th September 2010
 Swiss-based luxury goods group Richemont has seen sales jump in the five months to 31 August, boosted by the acquisition of online fashion business NET-A-PORTER.COM and increasing demand from Asia.
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Saudi family business hit by further problems
Wednesday 28th July 2010
Saad Group, the Saudi Arabian conglomerate owned by Maan Al Sanea, was yesterday ordered to pay $33.1 million to Abu Dhabi Commercial Bank for defaulting on a currency swap agreement.
Luxury proves enduring success for families
Wednesday 28th July 2010
LVHM, the French luxury group controlled by the Arnault family, yesterday announced strong half-year results that firmly signals a rebound in the luxury market for family-controlled firms.
Billionaire Asian family looks set to buy TV group
Tuesday 27th July 2010
One of Asia’s wealthiest families is expected to further diversify away from its core business with the purchase of Thailand’s biggest cable TV operator from private equity firm the Carlyle Group.
Comment: Wealthy await more signs of recovery at UBS
Tuesday 27th July 2010
Few would argue that UBS is not beginning to improve the performance of its wealth management business. But some may question if the wealthy have regained the same level of trust they gave UBS back...
Bettencourt personally questioned over accusations
Tuesday 27th July 2010
Liliane Bettencourt, L’Oreal heiress and France’s richest woman, was questioned on Monday by French police as part of an ongoing investigation into her finances.
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