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June 3, 2015

Oil and shipping billionaire John Fredriksen has appointed a new president to head up his family office, Fredriksen Group.

Oil and shipping billionaire John Fredriksen has appointed a new president to head up his family office, Fredriksen Group.

Jo Lunder, who used to be president of multi-generational Norwegian family business Ferd, will begin managing the Fredriksen family’s financial and industrial assets from September. He will report to Fredriksen, and also work closely with his twin daughters, Kathrine and Cecile.

May 28, 2015

Australia’s wealthiest woman, Gina Rinehart, has been order by the supreme court to pass control of the family trust to her daughter, ending a four-year feud with two of her children, and loosening her grip on the family firm.

Australia’s wealthiest woman, Gina Rinehart, has been order by the supreme court to pass control of the family trust to her daughter, ending a four-year feud with two of her children, and loosening her grip on the family firm.

The second-gen to a iron ore mining empire, Hancock Prospecting, Rinehart changed the vesting date of the multi-billion dollar Hope Margaret Hancock Trust in 2011 to 2068, just days before it was due to pay out.

May 13, 2015

Right from the very dawn of the automobile in the 1800s, the name Maybach has been synonymous with quality engineering and high-end luxury. Now one scion is keeping that name alive in a unique fashion.

Throughout the history of the motorcar there is a select group of family names which have themselves become iconic automobile brands, Ford, Morgan, Daimler, Packard and Renault. But one name alone can claim to represent not only the earliest innovations and technical brilliance in the field, but also our contemporary view of the peak of luxuriousness and automotive splendour. That name is Maybach.

May 8, 2015

Nonagenarian Viacom and CBS chairman Sumner Redstone has been forced to release a statement that he has no plans to retire, following media speculation he is in poor health.

Nonagenarian Viacom and CBS chairman Sumner Redstone has been forced to release a statement that he has no plans to retire, following media speculation he is in poor health.

Redstone added that despite press reports to the contrary, no decision on his successor had been made.

May 7, 2015

With 15 million registered students, 12 million average monthly visitors to its website, 900,000 registered teachers and over 3 billion exercises completed, Khan Academy is a nonprofit organisation on a mission to provide a free, world-class education for anyone, anywhere.

With 15 million registered students, 12 million average monthly visitors to its website, 900,000 registered teachers and over 3 billion exercises completed, Khan Academy is a nonprofit organisation on a mission to provide a free, world-class education for anyone, anywhere. As the founder and executive director of Khan Academy, Sal Khan has a legitimate claim to being a true modern revolutionary of education. CampdenFB spoke to Sal after his keynote address at IPI’s 2015 Winter Forum in San Francisco.

May 6, 2015

Gruelling hours and counting every penny. It’s a tough but conventional experience for many entrepreneurs. But the backstory of a Saudi prince? CampdenFB talks business with HRH Prince Abdullah Bin Mosaad Abdulaziz Al Saud, and how his tissue company is now helping to fund his biggest passion—sport

April 20, 2015

A flash of inspiration during a conference on entrepreneurship led second-generation Rasha Khawaja, daughter of Syrian businessman and philanthropist Wafic Saïd, to her first venture. Toucan is an online portal where creatives can safely pitch their ideas and gain advice from industry professionals

A flash of inspiration during a conference on entrepreneurship led second-generation Rasha Khawaja, daughter of Syrian businessman and philanthropist Wafic Saïd, to her first venture. Toucan is an online portal where creatives can safely pitch their ideas and gain advice from industry professionals.

April 17, 2015

Shares in family-controlled Australian business Seven Group Holdings dropped over 5% on the news second-gen Ryan Stokes would be taking over as chief executive and managing director in August.

Shares in family-controlled Australian business Seven Group Holdings dropped over 5% on the news second-gen Ryan Stokes would be taking over as chief executive and managing director in August.

Existing non-family executive Don Voelte had been part of the holding group for seven years, and chief executive since 2013, but said he wanted to dedicate more time to his family in the US.

Seven Group has interests in the media, mining and construction industries, and last year had revenues of AU$3.1 billion.

April 1, 2015

Andrew Getty, grandson and one of the heirs to the multi-billion dollar J Paul Getty oil fortune, was found dead at his Hollywood Hills home in California on Tuesday, aged 47. 

Andrew Getty, grandson and one of the heirs to the multi-billion dollar J Paul Getty oil fortune, was found dead at his Hollywood Hills home in California on Tuesday, aged 47. Authorities have yet to officially disclose a cause of death, but LA County assistant chief Ed Winter has been reported by multiple local media sources as suggesting Getty either succumbed to natural causes, or was the victim of an accident.

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