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succession planning

May 26, 2021

The British royal family, like many family businesses, has had its share of difficulties lately. Prince Harry, previously viewed as one of the great modernising influences, has become more distant from the traditional business after marrying Meghan Markle.

The British royal family, like many family businesses, has had its share of difficulties lately. Prince Harry, previously viewed as one of the great modernising influences, has become more distant from the traditional business after marrying Meghan Markle.

Meanwhile, his father Prince Charles has been waiting many years to take over; his uncle, Prince Andrew, has been caught up in an international scandal; and to cap it all, the Queen recently lost her husband, Prince Philip, after 74 years of marriage.

May 21, 2021

Ambitious family offices in India are growing, diversifying and professionalising at pace, with more principals embracing succession planning and engagement with their next-generation, Campden Family Connect says on its fifth anniversary.

Ambitious family offices in India are growing, diversifying and professionalising at pace, with more principals embracing succession planning and engagement with their next-generation, Campden Family Connect says on its fifth anniversary.

May 17, 2021

Mexican billionaire Alberto Bailleres transfers empire to son, Peter Harf succeeded by young deal-maker at Reimann family’s JAB Holding, James Packer’s Crown Resorts leans towards Star merger and away from Blackstone takeover.

Mexican billionaire Alberto Bailleres transfers empire to son

Alberto Bailleres, the fourth wealthiest person in Mexico, has made way for his son as the principal of his business conglomerate Grupo Bal after more than five decades.

Businessman Bailleres (pictured), 89, stepped down as president from the group and its diversified companies with immediate effect during a board meeting in late April. He and his family are worth $9.6 billion, according to Forbes.

May 10, 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.

May 5, 2021

We see both positives and negatives to President Biden's proposals. It all comes back to a family’s balance sheet, how their wealth is structured and importantly, their goals and objectives. Some moves the president is making on the tax front will of course impact a family’s tax liabilities negatively.

We see both positives and negatives to President Biden's proposals. It all comes back to a family’s balance sheet, how their wealth is structured and importantly, their goals and objectives. Some moves the president is making on the tax front will of course impact a family’s tax liabilities negatively.

April 29, 2021

When I joined my family company a few years ago, fresh out of college, I was determined to work hard and prove my worth, but always had a “Don’t mess this up” post-it stuck at the back of my head.

When I joined my family company a few years ago, fresh out of college, I was determined to work hard and prove my worth, but always had a “Don’t mess this up” post-it stuck at the back of my head.

March 29, 2021

Rajesh Dempo, a third-generation scion of Goa’s prominent Dempo business dynasty, says his diversified Vision Dempo group was expanding at pace just before the Covid-19 outbreak in India, but strategic lessons are now being learned from handling the crisis to enhance operations and opportunities.

Rajesh Dempo, a third-generation scion of Goa’s prominent Dempo business dynasty, says his diversified Vision Dempo group was expanding at pace just before the Covid-19 outbreak in India, but strategic lessons are now being learned from handling the crisis to enhance operations and opportunities.

Dempo finds himself at the sharp end of the coronavirus pandemic’s impacts on society with his dynamic group of companies trading in real estate, hospitality, healthcare, education and film production and entertainment sectors.

March 26, 2021

Family and legacy go hand in hand and most families in business have a desire to connect and contribute to sustaining their legacy across the generations. One way we do this is by sharing and maintaining the things we value, such as important traditions, milestones, personal histories and the family’s beliefs and principles.

Family and legacy go hand in hand and most families in business have a desire to connect and contribute to sustaining their legacy across the generations. One way we do this is by sharing and maintaining the things we value, such as important traditions, milestones, personal histories and the family’s beliefs and principles.

March 19, 2021

The tragic death of Olivier Dassault in a helicopter accident brings into focus how life can change—and end—in an instant, leaving families in shock and facing the difficult challenges of traumatic bereavement.

The tragic death of Olivier Dassault in a helicopter accident brings into focus how life can change—and end—in an instant, leaving families in shock and facing the difficult challenges of traumatic bereavement.

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