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Koo Bon-moo

February 26, 2019

Succession is one of the most widely-discussed issues in the family business realm, but it is still relatively newsworthy when a daughter—rather than a son—takes the reins. Alexandra Newlove explores the upsurge in women inheriting ownership and management

For more than half a century, 80-year-old Marchese Piero Antinori has been a driving force behind one of the world’s oldest family businesses—Italy’s Marchesi Antinori.

But the 26-generation wine dynasty nearly slipped out of family control in the 1980s, partly due to the fact that the Marchese had three daughters and no sons, and thus assumed he had no successor.

May 23, 2018

LG Group chairman dies, prominent Swedish families back ‘creative Davos’, LVMH-backed funds buys into Indian retailer

Transformational LG Group chairman Koo Bon-moo dies 

The influential chairman of South Korea’s LG Group, who helped transform the company into a technology heavyweight, has passed away after a battle with brain disease.

Third-generation leader Koo Bon-moo, 73, had been ill for a year, LG said in a statement, and had refused life support.

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