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family business

October 18, 2016

Campden Wealth is asking one of the most fundamental questions in the family business community as the launch pad for its latest agenda-setting study.

Campden Wealth is asking one of the most fundamental questions in the family business community as the launch pad for its latest agenda-setting study.

The organisation has teamed up with leading global investment firm Kohlberg Kravis Roberts (KKR) to ask this autumn: How do you finance your family business?

September 6, 2016

I meet a lot of next-generation members of family businesses. One of the hot discussion topics is the question of whether and how they want to start in their family’s business.

I meet a lot of next-generation members of family businesses. One of the hot discussion topics is the question of whether and how they want to start in their family’s business.

July 27, 2016

Japanese videogame maker Nintendo, owned by the sixth generation of the Yamauchi family, has reported its worst first quarter loss in five years as it struggles with weak demand and a strong yen.

Japanese videogame maker Nintendo, owned by the sixth generation of the Yamauchi family, has reported its worst first quarter loss in five years as it struggles with weak demand and a stronger yen.

Despite the success of its smartphone game Pokémon Go, which is reportedly making about $1.6 million per day, Nintendo saw revenues fall by 31% to ¥62 billion ($586 million) in the three months to the end of June.

July 22, 2016

Jet skis? Old hat. High-speed tenders? Everyone’s got one of those. A 3-person submarine? Now you’re talking! Alan Harper looks at the latest high-spec inventions to help adventurous types make the most of their superyachts and charters

Jet skis? Old hat. High-speed tenders? Everyone’s got one of those. A 3-person submarine? Now you’re talking! Alan Harper looks at the latest high-spec inventions to help adventurous types make the most of their superyachts and charters

July 22, 2016

Swatch first-half profit declines to lowest level in nearly a decade; Dassault Aviation profit down, deliveries cancelled; and Maersk signs five-year carbon reduction scheme

Swatch first-half profit declines to lowest level in nearly a decade

Swiss watchmaker Swatch, owned by the Hayek family, reported its lowest first-half profit in seven years amid a challenging time for luxury goods.

According to a company statement, first-half operating profit declined 54% to CHF353 million ($359 million) but said it expects “clear growth” in the second half of the year. Swatch said July 15 that revenue fell about 12%.

July 22, 2016

Visit Ferrari specialist DK Engineering and it’s easy to be dazzled by the luxury supercars, but look ‘under the bonnet’ and you’ll see that the real magic is in the well-oiled family machine. Michael Finnigan takes a look

The countryside village of Chorleywood in the United Kingdom might seem like an unlikely setting for a supercar, with its tree-lined streets and meandering streams. Imagine then the contrasting visual of a Ferrari LaFerrari, the latest in a long line of supercars from the eponymous Italian carmaker, as it roars past the duck pond.

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.

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