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FB Roundup: Coutts, Colgin Cellars, and Case Foundation

November 23, 2017

Family philanthropy drives corporate donations boom; Colgin Cellars joins LVMH; and time flies for impact investing

Family philanthropy drives corporate donations boom

Philanthropy has boomed since the global financial crisis, with a record high of £1.83 billion ($2.4 billion) donated in 2016.

The number of donations of £1 million ($1.3 million) and above was also up by two-thirds over the decade, according to the 10th anniversary Coutts Million Pound Donors Report released this week.

FB Roundup: Comcast, top chief executives, and McCain

November 17, 2017

Family-backed bidders court 21st Century Fox; ESG focus puts Inditex CE on top; and 60 years and billions of potatoes

Family-backed bidders court 21st Century Fox

A number of family and non-family backed media companies have been linked with the potential acquisition of parts of 21st Century Fox, as rumours swirl around the potential break-up of the Murdoch family’s media empire.

Dilhan C Fernando: The next gen brewing ambition at Dilmah Tea

September 6, 2017

As Dilmah Tea prepares to celebrate its 30th anniversary next year, second-generation director Dilhan C Fernando tells James Beech how his family business preserves its legacy while embracing the 21st century.

As Dilmah Tea prepares to celebrate its 30th anniversary next year, second-generation director Dilhan C Fernando tells James Beech how his family business preserves its legacy while embracing the 21st century.

FB Roundup: Mowery, Grosvenor, and Schillings

July 20, 2017

Third-gen building firm leaves the family; Grosvenor build for ‘Generation Rent’; and Schillings hires three new partners

Third-gen building firm leaves the family

A US construction firm founded in 1925 has passed into the hands of its first non-family owner.

But the man taking the reins at Pennsylvania’s Mowery, David Cross, is no stranger to the business having been involved with it for more than 30 years. He was made president in 2015 as part of former third generation owner Don Mowery’s succession plan.

Heart and sole: James Ferragamo on legacy, fashion and the family business

May 16, 2017

Marilyn Monroe, Audrey Hepburn and Greta Garbo are among the Hollywood stars who helped immortalise Italian shoemaker Salvatore Ferragamo. Michael Finnigan talks to grandson James about legacy, fashion and the family business

Young at heart: Cyril Camus on succession and cognac

July 1, 2016

French cognac producer Camus may have been around since 1863, but with geographic expansion in its DNA, a youthful succession model, and partnership with China’s largest distiller, it is showing how to match tradition and innovation. Nicholas Moody reports

Born from necessity: Second-gen Ghassan Nuqul on the Nuqul Group

April 22, 2016

Seven decades ago the Nuqul family was fleeing Palestine by foot; today they head up one of Jordan’s largest family businesses. Jessica Tasman-Jones spoke with its second-generation chairman about how his family business has weathered the region’s geopolitical risk and the importance of good corporate governance

Seven decades ago the Nuqul family was fleeing Palestine by foot; today they head up one of Jordan’s largest family businesses. Jessica Tasman-Jones spoke with its second-generation chairman about how his family business has weathered the region’s geopolitical risk and the importance of good corporate governance

“My father was deprived of higher education because he did not have the means. At the time he should have been at university he was crossing the borders by foot.”

Breaking through: Wafa Elnefeidi

February 5, 2016

Marketing your family business in a war-torn country might sound like a heavy cross to bear, but for Wafa Elnefeidi, third-generation general manager at Sudan’s Elnefeidi Group, the main challenge stems from gender inequality.

Keeping a business afloat through two rounds of north-south civil war is no easy task. Imagine then the challenges of building out a marketing department in the same environment. Yet at the Elnefeidi Group, one of Sudan’s most prominent family-owned conglomerates, marketing has been a staple for more than 80 years.

Fit for a King: the UK multi entrepreneurial family behind International Group

January 29, 2016

The King family has built a family business managing everything from hospitals in Nigeria to a 1,900-seat restaurant at the home of English football. Hertford and Chester King discuss expanding their country club Stoke Park, planning an A-list development, and working with one of China’s biggest entrepreneurs.

Eight-gen family business Start-rite heads into non-family management

October 16, 2015

The family that owns children's shoemaker Start-rite is relinquishing management control for the first time in the firm's 200-year history and plans to hand over equity to attract top-rank directors.

The family that owns children's shoemaker Start-rite is relinquishing management control for the first time in the firm's 200-year history and plans to hand over equity to attract top-rank directors.