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family business

July 21, 2016

Five of the world’s largest family businesses in the top 20 of the new Fortune Global 500 have seen their combined revenues slump by more than $74.5 billion compared to last year.

Five of the world’s largest family businesses in the top 20 of the new Fortune Global 500 have seen their combined revenues slump by more than $74.5 billion compared to last year.

The 2015 fiscal year impacted the bottom lines of Volkswagen, Toyota Motor, Samsung Electronics, and EXOR Group by almost 6% with not even Walmart, controlled by the Walton family, immune from sales falling for the first time, Fortune reported.

Berkshire Hathaway was the exception to the rule, with revenue up by more than 7%.

July 11, 2016

Share prices at Japanese video game maker Nintendo, owned by the sixth generation of the Yamauchi family, have surged 36% since the release of a Pokémon-themed smartphone game last week.

Share prices at Japanese video game maker Nintendo, owned by the sixth generation of the Yamauchi family, have surged 36% since the release of a Pokémon-themed smartphone game last week.

The unexpected success of Pokémon GO, Nintendo’s second smartphone title, in which users hunt virtual ‘pocket monsters’ in real-world locations, has added nearly $7.5 billion worth of market value to the Kyoto-based firm.

July 4, 2016

Multi-billionaire Jack Taylor, who went from Navy fighter pilot during World War II to founder of the largest rental car company in the United States, Enterprise Rent-a-Car, has passed away after a short illness. He was 94.

Multi-billionaire Jack Taylor, who went from Navy fighter pilot during World War II to founder of the largest rental car company in the United States, Enterprise Rent-a-Car, has passed away after a short illness. He was 94.

The Missouri-born businessman got his break in 1957 after founding precursor business Executive Leasing from the basement of a Cadillac dealership in St Louis, where he worked as a salesman.

July 1, 2016

Leon Leonwood Bean made customer satisfaction his number one priority when he founded L.L. Bean. It was an ethos his quietly determined grandson Leon Gorman built an empire on. 

The Gormans, the family behind American retail company L.L. Bean, have always prioritised customer satisfaction. CampdenFB takes a look at the people behind the brand. 

June 24, 2016

Bertelsmann commits to UK after Brexit; Maersk appoint new CEO, may break up company; and Brexit scuppers Tata Steel's efforts to maintain operations in the UK

Bertelsmann commits to UK after Brexit

German media group Bertelsmann says it will remain committed to all its investments in the UK and acknowledges “with regret” the British electorate’s decision to leave the European Union, according to a company statement.

The Gütersloh-headquartered firm, controlled by the Mohn family, said Britain’s exit from the EU raises political and economic uncertainties for the firm, but added that its fourth-largest market would remain very important.

June 17, 2016

Cargill gets $10 million in tax breaks to stay in Wichita; Merck shares sore following lung cancer study; and Volkswagen families display unity ahead of annual general meeting

Cargill gets $10 million in tax breaks to stay in Wichita

A deal to keep family-controlled Cargill operating in Wichita includes nearly $10 million in tax breaks from government entities over a 10-year period, according to documents obtained by the Associated Press.

June 10, 2016

The global Campden Wealth community of family business leaders overwhelming believe Great Britain is better off staying in the European Union than leaving it.

The global Campden Wealth community of family business leaders overwhelming believe Great Britain is better off staying in the European Union than leaving it.
 
May 27, 2016

Setting out to do good with your career is no longer just the realm of the charitable sector. Jessica Tasman-Jones spoke with social entrepreneurs from business-owning families trying to tackle the world’s ills one by one – and making financial returns while they’re at it

Setting out to do good with your career is no longer just the realm of the charitable sector. Jessica Tasman-Jones spoke with social entrepreneurs from business-owning families trying to tackle the world’s ills one by one – and making financial returns while they’re at it

May 17, 2016

From perfume to mangroves, Benjamin Firmenich is a next gen with impact on his mind. Michael Finnigan spoke to him about doing good – both inside the eponymous family business and out

From perfume to mangroves, Benjamin Firmenich is a next gen with impact on his mind. Michael Finnigan spoke to him about doing good – both inside the eponymous family business and out

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