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October 19, 2011

Carl Lindner Jr, who first transformed his family’s dairy business into a large chain before branching out to form financial services company American Financial Group, died on 17 October aged 92.

Carl Lindner Jr, who first transformed his family’s dairy business into a large chain before branching out to form financial services company American Financial Group, died on 17 October aged 92.

Lindner’s career began in 1940 when he joined his parents’ cash-and-carry dairy market business at the age of 21. He was instrumental in expanding the milk delivery company into a chain of convenience stores.

May 20, 2011

With philanthropy in the UK at its lowest level since the beginning of the financial crisis, the latest survey by JP Morgan Private Bank on ultra-high net worth individuals’ charitable habits hasn’t given much to cheer about.

With philanthropy in the UK at its lowest level since the beginning of the financial crisis, the latest survey by JP Morgan Private Bank on ultra-high net worth individuals’ charitable habits hasn’t given much to cheer about.

The survey, which questioned around 100 UK-based UHNW clients of the bank, revealed that around half of them give over 5% of their wealth to charity, while three-quarters give regularly to charitable causes.

February 11, 2011

Jean Paul Getty III, grandson of possibly the world’s first billionaire, oil tycoon Jean Paul Getty, has died aged 54.

Jean Paul Getty III, grandson of possibly the world's first billionaire, oil tycoon Jean Paul Getty, has died aged 54.

Beyond his famous surname, Paul Getty III is best known for being kidnapped in Rome at the age of 16 and held captive for five months before his grandfather, decided to pay the ransom.

September 22, 2010

Former US president Bill Clinton opened his sixth annual philanthropic summit in New York on 21 September with a call to philanthropic institutions and governments to work together to promote economic growth and achieve their philanthropic goals.

Former US president Bill Clinton opened his sixth annual philanthropic summit in New York on 21 September with a call to philanthropic institutions and governments to work together to promote economic growth and achieve their philanthropic goals.

During his opening address Clinton said: "I hope when we come out of this meeting every one of you will have a clearer idea about how you can best use your resources in this climate to promote more economic growth in all the countries represented here."

September 7, 2010

Chen Guangbiao, a renowned Chinese entrepreneur and philanthropist, has pledged to donate all of his wealth to charity upon his death in a letter to Warren Buffet and Bill Gates, the billionaires behind the giving pledge initiative.

Chen Guangbiao, a renowned Chinese entrepreneur and philanthropist, has pledged to donate all of his wealth to charity upon his death in a letter to Warren Buffet and Bill Gates (pictured), the billionaires behind the giving pledge initiative.

August 11, 2010

Billionaires might be lining up in the US to join the so-called Gates pledge initiative, but so far it has little support outside of America, writes Katie Barker.

Billionaires might be lining up in the US to join the so-called Gates pledge initiative, but so far it has little support outside of America, writes Katie Barker. 
 
Forty billionaires have signed up to the pledge, whereby they agree to give away at least half of their fortunes to philanthropy during their lifetime or shortly after their death. But not one of them is based outside of the US.
 

June 28, 2010

The latest edition of Campden FO, the magazine dedicated to the global family office community, is now available. There are two areas of focus to this issue: tax and family offices in Asia.

The latest edition of Campden FO, the magazine dedicated to the global family office community, is now available. There are two areas of focus to this issue: tax and family offices in Asia. Click here to go straight to the issue.

June 18, 2010

James Stowers Jr built a multibillion dollar business, survived cancer and established a world-class medical research facility. He explains to Marc Smith why he decided to give back something more valuable than money.

James Stowers Jr built a multibillion dollar business, survived cancer and established a world-class medical research facility. He explains to Marc Smith why he decided to give back something more valuable than money.

April 28, 2010

At the World Economic Forum in Davos in 2008, Bill Gates coined the term “creative capitalism”. In Asia, the family-owned business must be a critical part of the creative capitalism debate, writes Christian Stewart

At the World Economic Forum in Davos in 2008 Bill Gates coined the term "creative capitalism", writes Christian Stewart. 

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