In this week’s FB Roundup, L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD; Klaus-Michael Kuehne is to receive $4.5 billion dividends from his transport empire; and tributes are paid to 7-Eleven billionaire Masatoshi Ito.
L’Oreal heir Francoise Bettencourt Meyers names new investment firm MD
The world’s richest woman, Francoise Bettencourt Meyers, has named Cyrielle Villepelet as managing director of her investment company, Tethys Invest, according to Bloomberg.
Global competitive pressures mean many of Europe’s family businesses will need to divest their non-core activities or raise fresh capital. Wealth managers say this will increase investor exposure to private equity. What happens next, asks Scott McCulloch
Scott McCulloch is editor of Families in Business magazine.
Global competitive pressures mean many of Europe's family businesses will need to divest their non-core activities or raise fresh capital. Wealth managers say this will increase investor exposure to private equity. What happens next, asks Scott McCulloch