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Latest News
First non-US philanthropist signs up to giving pledge
Tuesday 7th September 2010
Chen Guangbiao, a renowned Chinese entrepreneur and philanthropist, has pledged to donate all of his wealth to charity upon his death in a letter to Warren Buffet and Bill Gates, the billionaires behind the giving pledge initiative.
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...
Drinks group scrapes out a full-year profit
Monday 6th September 2010
Pernod Ricard, the Paris-based drinks group, recorded a rise in profits in 2009/10 despite seeing a slight drop in revenues.
Family-led telecoms mega deal collapses
Monday 6th September 2010
An $11 billion deal to create the world's largest independent telecom infrastructure company has collapsed, the Ambani family, who was behind the deal, announced on Monday.
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Friend Finder's bid for Playboy makes concessions to Hefner
Monday 19th July 2010
Friend Finder Networks has made a $210 million bid for family-controlled Playboy Enterprises Inc, which allows the company’s founder, octogenarian High Hefner, to retain a level of control.
Private banks regain assets but profits suffer
Monday 19th July 2010
The restructuring of the private banking industry is underway and the rate of consolidation will increase, according to a new survey.
FOs may escape the worst of US regulatory reform
Friday 16th July 2010
A leading expert believes family offices are likely to escape greater scrutiny from the Securities & Exchange Commission after the US Senate voted for one of the biggest regulatory changes to the...
Bettencourt accuses daughter of “petty reactions”
Friday 16th July 2010
L’Oreal heiress Liliane Bettencourt has condemned her daughter, Francoise Bettencourt-Meyers, on primetime television following accusations that she is mentally unfit.
Credit Suisse tax raids are "unfortunate diversion" to growth, says FO
Friday 16th July 2010
Tax raids by governments on private banks, such as the one on Wednesday by German investigators on Credit Suisse offices, are a short term move by governments to raise cash but do not address the...
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