In this week’s FB Roundup, Giorgio Armani hints at new leadership once he steps down from his fashion empire; Gina Rinehart purchases a six percent stake in Lynas Rare Earths; and Daniel Kretinsky’s bid to buy Royal Mail is rejected.
In this week’s FB Roundup, Vietnamese billionaire Truong My Lan is sentenced to death over $44 billion fraud charges; Donald Trump’s Truth Social stake tumbles by nearly $2 billion; and Australian billionaire James Packer quits casino board.
In this week’s FB Roundup, François Pinault’s grandson replaces him on Christie’s board; Lebanon's billionaire prime minister denies allegations of money laundering in France; and Taylor Swift enters the Forbes World's Billionaires List for the first time.
By Glen Ferris
Don't Miss the Latest Family Business News and Investment Trends
Gil Schwarz, one of the world’s premiere power brokers, dealers and collectors in the whisky business, reveals why he believes it’s a compelling asset class to invest in…
In this week’s FB Roundup, the Saadé family makes an ‘exceptional’ donation to the Louvre museum; duty-free billionaire Robert Miller’s family office is disbanding its own investment team; and Mahindra & Mahindra proposes a sale of a ‘small number’ of family shares.
In this week’s FB Roundup, tributes are paid to British banking legend Lord Jacob Rothschild; Mohsin Issa steps back from his family business; and self-made Chinese billionaire Zong Qinghou dies aged 79.
Following British Chancellor Jeremy Hunt’s announcement to abolish the current ‘non-dom’ tax regime, are the proposed reforms enough to encourage and incentivise future foreign investment?