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China

March 2, 2018

Billionaires are growing in numbers and many want philanthropic advice, but public trust in charities has dropped and challenges remain in getting donations to where funds are most needed.

Billionaires are growing in numbers and many want philanthropic advice, but public trust in charities has dropped and challenges remain in getting donations to where funds are most needed.

These were among the international perspectives and trends in philanthropy discussed at the first Philanthropy Programme event for 2018, organised by Philanthropy Impact and the STEP Society.

December 18, 2017

Why are family-controlled companies in Asia-Pacific much more likely to be publicly listed than in other parts of the world?

Why are family-controlled companies in Asia-Pacific much more likely to be publicly listed than in other parts of the world?

September 22, 2017

L’Oreal heiress Liliane Bettencourt dies at 94, Maersk ships off its tanker business for $1.17 billion, and Chinese next-gens reluctant to take the reins.

L’Oreal heiress Liliane Bettencourt dies at 94

Liliane Bettencourt, the heiress to the L’Oreal cosmetics fortune and the world’s richest woman, has died at home in Paris, aged 94.

Bettencourt, whose net worth was estimated at $39.5 billion, was the daughter of Eugène Schueller, who made a fortune as the inventor of modern hair dye and founder of L’Oreal.

Bettencourt was said to have adored her father, whose company she inherited on his death in 1957, her mother having died when she was five.

September 15, 2017

Lotte to sell stores over Chinese missile defence sanctions; youngest-ever chief financial officer steps up at Kraft Heinz; and NZ philanthropist and businessman dies.

Lotte to sell stores over Chinese missile defence sanctions

South Korean chaebol Lotte is to start selling its Chinese supermarkets, after Beijing hit it with unofficial sanctions related to the nuclear arms tensions on the Korean peninsula.

December 13, 2016

The global financial crisis triggered a change in the way the Chan family approached philanthropy. Now Dee Dee Chan is using her skills in Hong Kong’s wealth management industry at JP Morgan and BNP Paribas to drive social change as director of her family’s Seal of Love Charitable Foundation

The global financial crisis triggered a change in the way the Chan family approached philanthropy. Now Dee Dee Chan is using her skills in Hong Kong’s wealth management industry at JP Morgan and BNP Paribas to drive social change as director of her family’s Seal of Love Charitable Foundation

What do you hope to achieve with your wealth?

November 14, 2016

Taking a business from one horse-drawn cart to an international logistics firm is no easy task, but that is exactly what Germany’s Fiege family has accomplished over five generations. Michael Finnigan talks to its next-generation leaders about the long haul

Taking a business from one horse-drawn cart to an international logistics firm is no easy task, but that is exactly what Germany’s Fiege family has accomplished over five generations. Michael Finnigan talks to its next-generation leaders about the long haul

To some the origins of Fiege might sound like the classic 1980s British sitcom Only Fools and Horses: an entrepreneurial farmer-cum-businessman fixes a rickety cart to one of his horses in the hope his new “transportation business” will make him a millionaire.

September 1, 2016

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

The Japanese company owned by the Toyoda family grew by 30% to become the fifth fastest growing portfolio of brands, according to branded business valuation and strategy consultancy Brand Finance.

July 14, 2016

Dr Caroline Freund’s Rich People, Poor Countries: The Rise of Emerging-Market Tycoons and their Mega Firms looks at the rise of the newly super rich in the emerging world: who they are, how they got there, and their characteristics compared with the multi-generational wealthy in developed markets, such as America.

July 12, 2016

The largest publicly-listed Chinese fast food restaurant group in the world is mourning the death of its founder and first president.

The largest publicly-listed Chinese fast food restaurant group in the world is mourning the death of its founder and first president.

Cafe de Coral Group announced Victor Lo Tang-seong died peacefully on 30 June, surrounded by his family. He was 101-years-old.

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