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Bill Gates

August 17, 2021

Charitable giving is increasingly becoming a keystone in ultra-high net worth family estate planning.  Therefore, in considering how to unwind an estate plan on divorce, thought must be given to how to disentangle the family’s charitable activities.

Charitable giving is increasingly becoming a keystone in ultra-high net worth family estate planning.  Therefore, in considering how to unwind an estate plan on divorce, thought must be given to how to disentangle the family’s charitable activities.

How a philanthropic programme can be bisected such that each party can pursue their own independent path depends significantly on the form of that programme; at its most complex it involves a close investigation of UK charity and trust law to determine the best way to separate the two individuals.

May 9, 2021

Manchester United owner Joel Glazer promises angry fans investment and consultation, Warren Buffett’s heir apparent is deal-maker Greg Abel, Bill and Melinda Gates to divorce but continue charitable foundation.

Manchester United owner Joel Glazer promises angry fans investment and consultation

Apologetic co-chairman Joel Glazer has sought to reassure Manchester United fans he and his US billionaire family “care deeply” about the English Premier League football club they own and pledge greater investment and fan consultation.

September 17, 2020

Deepening digital strategy boosts Inditex coronavirus recovery, Mars principal leads charge to overhaul capitalism with social purpose, Billionaire Chuck Feeney goes broke after going big in philanthropy.

Deepening digital strategy boosts Inditex coronavirus recovery

Online sales turbo-charged a V-shaped coronavirus recovery into profit for the digitally innovative Ortega family-owned Spanish fashion giant Inditex, best known for its high street chain Zara.

September 2, 2019

With more billionaires now than any other region, Asia has the potential to become a world leader in philanthropic giving, but is it really that easy? Susan Lingeswaran explores the intricacies of giving among the world’s fastest-growing economies

When legendary Hong Kong actor Chow Yun-Fat—of Crouching Tiger, Hidden Dragon and Pirates of the Caribbean: At World’s End fame—announced plans in late 2018 to give away his entire $715 million fortune to charity after his death, the country’s media went into overdrive.

One Hong Kong newspaper called the announcement one of the biggest events in philanthropy to date. Another declared Chow, 63, the most selfless actor in the world and demanded other ultra-high net worth individuals in the region follow suit.

November 19, 2018

Asia’s story over the past few years has been a tale of rapidly rising wealth and with it, increased philanthropic giving. 

Asia’s story over the past few years has been a tale of rapidly rising wealth and with it, increased philanthropic giving. In 2014, Hong Kong real estate moguls Ronnie and Gerald Chan hit western headlines when they pledged a $350 million gift to Harvard University through their charitable foundation—the largest in the institution’s history. In its 2016 study on philanthropy, BNP Paribas said that 27% of high net worth Asians planned to leave at least a third of their fortune to charity.

October 19, 2018

Paul Allen, Microsoft co-founder, philanthropist and head of the Allen family office Vulcan, has died aged 65.

Vulcan, which managed his business and philanthropic interests, said in a statement he died in Seattle from complications related to non-Hodgkin’s lymphoma, only two weeks after Allen announced he was being treated for the disease.

Allen was among the world’s wealthiest individuals and, at the time of his death, ranked 44th on Forbes 2018 list of billionaires with an estimated net worth of more than $20 billion.

March 26, 2018

The term “impact investing” celebrated its 10th birthday in 2017, a year where it seemed every other investment house launched a new fund offering to tap into the trend. But what does it really take to be an impact investor? And is the term being thrown around too loosely? Alexandra Newlove speaks to those active in the sector 

The term “impact investing” celebrated its 10th birthday in 2017, a year where it seemed every other investment house launched a new fund offering to tap into the trend. But what does it really take to be an impact investor? And is the term being thrown around too loosely? Alexandra Newlove speaks to those active in the sector 

November 28, 2014

Spain’s Koplowitz family has halved its stake in multibillion euro infrastructure company Fomento de Construcciones y Contratas, in a deal with the family of Mexican entrepreneur Carlos Slim.

Spain’s Koplowitz family has halved its stake in multibillion euro infrastructure company Fomento de Construcciones y Contratas, in a deal with the family of Mexican entrepreneur Carlos Slim.

The deal is part of a $1.3 billion capital raise, which aims to reduce the company’s debt. It is the first time in the company’s eight-decade history that the Koplowitz family won’t have a controlling majority stake in the firm.

March 5, 2012

Carlos Slim, who controls Mexican conglomerate Grupo Carso, is the richest person in the world, with a fortune of about $68.5 billion (€51.9 billion). 

Carlos Slim, who controls Mexican conglomerate Grupo Carso, is the richest person in the world, with a fortune of about $68.5 billion (€51.9 billion).

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