Ownership and Management
Families have accelerated their wealth transfers to their next generation before a possible victory by Democrat challenger Joe Biden in the US presidential election.
Principal makes way for next gen succession at H&M, Louis Dreyfus Company heiress open to selling stake and Hong Kong headwinds hit LVMH.
If you listen closely to leading business figures from Asia, you get a sense for their economic fears and expectations. After visiting a leadership summit in Singapore, I am ever more convinced that we will be facing a new global Cold War, which will be fought over technology dominance. Europe needs to prepare for that.
China’s billionaire business families are setting up their own family offices at a phenomenal rate as ageing principals shift their priorities from wealth creation to preservation and succession.
Pentland consolidates global Speedo portfolio ahead of Olympics, Heinrich Deichmann on family-funded growth and philanthropy, and family succeeds Georges Duboeuf, France’s “pope of Beaujolais”.
You can’t choose your family, but you can choose who runs your business. Alexandra Newlove talks to a range of experts about bringing in outside help
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