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January 15, 2021

Chung family driving Hyundai make $2 billion on Apple tie-up reports, Bacardi raises the bar on post-Covid ‘mindful drinking’ trend, Associated British Foods stares at $1.4 billion sales loss but rules out Primark e-commerce.

Chung family driving Hyundai make $2 billion on Apple tie-up reports

The Chung family in control of Hyundai became almost $2 billion better off when South Korean media reported the automaker was in early talks of a partnership with Apple, Inc.

Share prices in Hyundai Motor Co soared by up to 25% in Seoul last week, which boosted the family fortunes of Euisun Chung (picture), 50, chairman, and his father, Mong-Koo, 82. Together they hold about 8% of stock in the group, but maintain influence through complex governance arrangements.

February 18, 2014

Working cheek by jowl with your family can be fraught with difficulty. Now there is a growing body of evidence to show that the family business environment can also be a big enabler of addiction problems in the heirs to the business. CampdenFB reports

There is no such thing as a stereotypical addict. Extreme wealth and an unhealthy penchant for narcotics have long been bedfellows, as proved by the slew of celebrities that check into rehab each year, but then again, addiction and poverty aren’t strangers either. It is almost impossible to run a line of best fit through the characteristics and backgrounds of addicts. But all that said, there is worrying evidence to show the rate of drug or alcohol dependency in family businesses is much higher than in their non-family counterparts.

August 1, 2013

The eighth generation brothers who run Aspall Cyder see their product as a rival to champagne. CampdenFB speaks to them about the black art of cider-making and taking advice from maharajahs.

June 16, 2010

Last week was award season for family businesses in the UK and of the four main winners, it was interesting to note that three came from the alcoholic beverage sector, writes Katie Barker.

Last week was award season for family businesses in the UK and of the four main winners, it was interesting to note that three came from the alcoholic beverage sector, writes Katie Barker.

July 1, 2008

The prospect of a family member succeeding Patrick Ricard at the family-owned drinks company came a little closer today as a member of the third generation stepped up as part of a company-wide shake up.

The prospect of a family member succeeding Patrick Ricard (pictured) at the family-owned drinks company came a little closer today as a member of the third generation stepped up as part of a company-wide shake up.

Patrick's nephew Alexandre Ricard moves up to take the post of chairman & CEO Irish Distillers. Alexandre, 35, has been managing director of Pernod Ricard Asia Duty Free since September 2006. He joined the business in 2003 as an audit and business development manager after graduating from ESCP and Wharton.

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