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...The small group of billionaires at the pinnacle of French business that includes LVMH boss Bernard Arnault and corporate raider Vincent Bolloré has lately had to make room for a new kid on the block: shipping...
...of €134mn.Giordani said the company needed to move faster to dispose of its non-core assets....
...The Schroder family owns 44.1 per cent of the asset manager, and for more than four decades there have been two board members connected to the family....
...In 1989, one of Europe’s great industrial families, the Wallenbergs, sent a young Swedish executive called Conni Jonsson to the US to see how Wall Street worked....
...This enabled “clear lines of communication to ensure accountability and transparency”. The company declined to comment....
...., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
...There was a time when the purchase of a home in buildings such as The Carlyle, 778 Park Avenue, or 927 Fifth Avenue announced the new resident to be at the pinnacle of New York society....
...Catherine, Princess of Wales has apologised for altering a Mother’s Day family portrait as international news agencies withdrew the photograph from circulation after discovering signs of digital manipulation...
...to the French economy as it undergoes changes to leadership at the family-controlled company....
...Neil Davy, chief executive of Family Business UK (FBUK), a not-for-profit organisation set up in 2001 to bring companies together, says the group’s more than 200 members are largely prepared for succession...
...This week the group took steps to reinforce the family’s hold on the company. Two of his sons joined the LVMH board at its annual meeting on Thursday, leaving only his youngest son without a seat....
...Puig has led the company since 2004 and said he would be the last generation of the family to head the business, even though he has no plans to step down....
...Three months after the papers were signed, Kingswood demanded that Save Mart’s prior owners, the Piccinini family, fork back over $109mn after already surrendering the company....
...The family-owned company said it was aiming to start share trading on May 3 and gave an expected range for its market capitalisation of €12.7bn-€13.9bn....
...LVMH might be family controlled but it is also one of the world’s biggest companies, so speculation will continue, and indeed grow....
...The Barclay family, which lost ownership of the Telegraph Media group last year after lender Lloyds Banking Group took control of the distressed debt, said on Tuesday that Carlyle would provide £85mn of...
...Parcel delivery company Yodel is to be sold to a consortium that includes the owner of logistics group Tuffnells in the latest unwinding of the debt-laden financial interests of the Barclay family....
...The royal family is likely to be relieved the Duchess’s patent application does not include yoni eggs....
...In a sign of the rapid adoption of the technology among younger users, nearly half of children said they had used AI....
...The company is now on the brink of major change. Last month, it completed the “transformational” acquisition of the consumer panel business of GfK, a German market research company....
...London-based Christie’s was founded in 1766 but was bought by Artémis, the Pinault family’s holding company, in 1998....
...Arnault had a front seat to the unravelling, first as a close friend and tennis partner of the father, then as an investor in the family holding company as the son tried and ultimately failed to ward off...
...Ellie managed one of the wineries, and the Coppola family established itself as a force in the industry....
...“Everyone does have a will, it’s just that if you die without writing your own you’re governed by the laws of intestate,” said Sam Grice, chief executive of Octopus Legacy, an estate planning company....
...(No wonder some founders brand their companies as “family” to encapsulate an all-hands-on-deck ethos, a designation some experts have deemed toxic due to its unrealistic, all-encompassing nature.)...
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