Ownership and Management
As ultra-high-net-worth families navigate a major global wealth and succession transition, questions are being asked about effective implementation of transparent and communicated succession plans.
The North America Family Business Report 2023 from Brightstar Capital Partners and Campden Wealth reveals that major concerns for thriving family businesses owners are succession planning, economic risks, and family communication.
In this week’s FB Roundup, David and Simon Reuben are exploring ways to finalise an LA real estate deal; the Winklevoss twins give a $100 million personal loan to their own crypto exchange; and Mike Lynch loses his bid against US extradition.
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.
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.
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…
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