In this week’s FB Roundup, tributes are paid to Chicago billionaire James Crown; South Korean billionaire Lee Joong-keun gives $70,000 to every household in his hometown; and Robert Smith doubles his investment in software maker Apptio.

In this week’s FB Roundup, Nat Rothschild’s Volex secures a £135 million Turkish firm takeover, Amancio Ortega moves into logistics real estate with a €105 million purchase; and Rihanna resigns as CEO of the Savage X Fenty lingerie brand.

In this week’s FB Roundup, George Soros hands control of his $25 billion empire to son Alexander; Ivan Glasenberg is set to buy Italian bike brand Pinarello; and John Catsimatidis aims to install himself as CNN’s new CEO.

Family enterprise owners and their executives generally do a superb job managing risks to the business – but often don’t apply the same rigour when it comes to family and personal risk, says Linda Bourn, senior vice president at Alliant Private Client.