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September 24, 2019

Hotel magnate Barron Hilton dies age 91, Volkswagen chief executive faces criminal charges in Germany over ‘dieselgate’ and billionaire Uniqlo founder fears Brexit could turn UK into the ‘sick man of Europe’.

Hotel magnate Barron Hilton dies age 91

Barron Hilton, the hotel magnate who expanded his father’s chain, has died age 91.

In a statement, the Hilton family said Hilton died of natural causes at his home in Los Angeles on Thursday. He is survived by eight children, 15 grandchildren and four great-grandchildren. His wife, Marilyn Hawley Hilton, died in 2004.

“The Hilton family mourns the loss of a remarkable man,” Steven M Hilton, Hilton’s son and chairman of the family’s Conrad N Hilton Foundation, said.

September 5, 2019

Tetra Pak billionaire Hans Rausing dies age 93, Billionaire Uniqlo founder wants to be succeeded by a woman and Marvel superheroes rescue Lego sales.

Tetra Pak billionaire Hans Rausing dies age 93

Hans Rausing, the billionaire Swedish industrialist who helped turn his family’s food packaging company Tetra Pak into a global giant, has died aged 93.

In a statement, his family said Rausing (pictured) died peacefully in his sleep at Wadhurst Park, his estate in East Sussex, with his wife, Marit, at his side.

He is survived by Marit, three children—Lisbet, Sigrid and Hans Kristian—and seven grandchildren.

October 18, 2018

Uniqlo boss promotes sons to board, Amway hires first chief executive from outside the family, European family businesses embrace innovation to channel growth.

Uniqlo boss promotes sons to board

The billionaire founder of Japanese clothing brand Uniqlo has announced his two sons will be promoted to the board of parent company Fast Retailing.

December 18, 2015

Adelson family confirms ownership of Las Vegas newspaper; Uniqlo Operator Fast Retailing closes $2 billion bond market debut; and Indian family business Mahindra purchases Pininfarina

Adelson family confirms ownership of Las Vegas newspaper

Billionaire casino mogul Sheldon Adelson has been revealed as the new owner of The Las Vegas Review-Journal.

The 82-year-old purchased the newspaper for $140 million but has been met with widespread criticism for a lack of transparency after keeping the acquisition secret.

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