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Why the rise of new money is driving a surge in Asian family offices

April 25, 2023

Jefferson Sun, founder and CEO of Fargo Wealth Group, talks about how the past ten years have been a golden decade for Chinese entrepreneurs and what local governments are doing to help establish a raft of new family offices as a result.

Having seen a rise in demand for flexibility within a traditionally rigid banking system, Fargo Wealth Group was established to offer a wide range of expertise to ultra-high-net-worth (UHNW) individuals and families - from wealth management to asset management and family office services to FinTech innovation.

How King Charles III is expected to shake up the Royal Family ‘Firm’

April 24, 2023

As we approach the King’s Coronation, stamps, money and the National Anthem won’t be the only things altering. King Charles III’s reign is expected to bring with it transformative change that will fundamentally rewrite how the Royal Family operates.

As we approach the King’s Coronation, stamps, money and the National Anthem won’t be the only things altering. After 70 years of steadfast navigation and necessary adaptation from Queen Elizabeth II, King Charles III’s reign is expected to bring with it transformative change that will fundamentally rewrite how the Royal Family operates.

How do wealth taxes affect family businesses?

April 20, 2023

The pandemic, the war in Ukraine and the economic recession that has followed, have, once again, sparked a new debate on taxing the wealthy. But, as Professor Raul Barroso discusses, such taxes might lead to unintended, negative repercussions.

The Covid-19 pandemic, the war in Ukraine and the economic recession that has followed, has, once again, sparked a new debate on taxing the wealthy.

Leila Zakhem: ‘Believing in business with a social mission’

April 18, 2023

In an exclusive interview, the Iranian-born Next Gen talks about family history, the importance of private sector experience in the field of philanthropy and aligning multi-generational values…

Despite being born and raised in Houston, Texas, Leila Zakhem holds close to her Iranian roots, with an ardent belief in the strength of family and the power of education – and the impact of combining the two.

It’s with this surety of support, knowledge and experience, that this driven Next Gen is working with other families and businesses towards achieving maximum social impact.

FB Roundup: Jimmy Haslam, Ken Giffin, Mark Scheinberg

April 17, 2023

In this week’s FB Roundup, the Haslam family buy a stake in the Milwaukee Bucks basketball team; Ken Griffin donates $300 million to Harvard University; and Online poker billionaire Mark Scheinberg aims to buy luxury hospitality group.

Haslam family buy stake in Milwaukee Bucks basketball team
Having recently sold their Pilot Flying J truck stop chain to Warren Buffett’s Berkshire Hathaway, Jimmy Haslam and his wife Susan “Dee” Bagwell Haslam have added to their sports franchise interests with a minority stake in the American basketball team the Milwaukee Bucks.

Frank Hixon Foster: “Becoming the world's largest, closest family business”

April 17, 2023

Frank Hixon Foster, chairman emeritus of Hixon Properties and managing general partner of the Gideon Hixon venture capital fund, has seen first-hand the ups and downs of managing multi-generational wealth and has come through the other side with a clarity of vision that will help keep his family on track for many years to come. Here, in his own words, Frank talks about lessons from history and teaching for the future…

When US businessman Gideon Hixon started his lumber business more than 160 years ago, little did he probably know that his family wealth would grow across two World Wars, face potential ruin on numerous occasions, sustain and challenge six-going-on-seven generations and diversify into exciting and unexpected avenues.

How TechBio is speeding up clinical trials and cutting through red tape

April 13, 2023

Hanadi Jabado, managing partner at innovation investment fund Sana Capital, talks about how independent thinking and positive change is making medical advancement faster and more effective.

The traditional route from innovative ideation to hitting the market is littered with bottlenecks and bureaucracy. However, Hanadi Jabado, managing partner at innovation investment fund Sana Capital, is extolling the virtues of TechBio’s cost-and-time-cutting benefits.

Here, she talks about how independent thinking and positive change is making medical advancement faster and more effective.

Robyn Langsford: Helping family businesses to ‘Hum’

April 12, 2023

As one of KPMG’s Global Leader for Family Business, Robyn Langsford has more than 25 years’ experience working closely with private clients. In an interview with Campden FB, she talks about putting the spotlight on leading female entrepreneurs, broaching the succession question and educating Next Gens…

As one of KPMG’s Global Leader for Family Business, Robyn Langsford has more than 25 years’ experience working closely with private clients to deliver strategic financial and tax advice tailored to their business and the challenges they face.

A trusted adviser to family businesses and family offices, she has a broad skill base and diverse experience that enables her to solve multidisciplinary problems and add value.

FB Roundup: Petr Kellner, Amancio Ortega, Keshub Mahindra

April 12, 2023

In this week’s FB Roundup, Petr Kellner’s heirs sue two years after his helicopter crash death; Amancio Ortega branches out into luxury Dublin property; and tributes are paid to former Mahindra Group chairman Keshub Mahindra.

Petr Kellner’s heirs sue following helicopter crash death
The heirs of Petr Kellner have filed a lawsuit citing “Potential negligence” after a helicopter crash caused the death of the Czech billionaire entrepreneur and four others in 2021.

Renata Kellnerova, the widow of the former richest Czech, and her family are seeking further investigation into the causes that led to the Airbus AS350 B3 helicopter crash, which took place while the group were heliskiing in Alaska's backcountry near Knik Glacier.

FB Roundup: Petr Kellner, Amancio Ortega, Keshub Mahindra

April 12, 2023

In this week’s roundup, Petr Kellner’s heirs sue two years after his helicopter crash death; Amancio Ortega branches out into luxury Dublin property; and tributes are paid to former Mahindra Group chairman Keshub Mahindra.