Alannah Weston

FB Roundup: Porsche, Inditex, Selfridges

July 30, 2021

Porsche family joins billionaire space race with rocket investment, Amancio Ortega’s Inditex fortunes fall and rise with Covid-19 restrictions, Weston family puts Selfridges on the auction block for $5.5 billion.

Porsche family joins billionaire space race with rocket investment

The Porsche family is backing the European rocket launch startup Isar Aerospace Technologies with an eye on the spin-off innovations from easier access to space.

FB Roundup: Adani Group, Crown Resorts, W Galen Weston

April 19, 2021

Walton, Adani and Ambani families vie for Indian e-consumers, James Packer’s Crown casino courted by second US private equity firm, ‘Visionary’ retail magnate W Galen Weston dies aged 80.

Walton, Adani and Ambani families vie for Indian e-consumers

The Walton family-controlled e-commerce platform Flipkart and Gautam Adani, principal of India’s second wealthiest family, are taking on the Ambani family’s Reliance Industries and Amazon by building a huge new fulfilment centre in Mumbai.

FB Roundup: Richterich, Rinehart, and Zhao

May 8, 2019

Succession transition sets up Ricola for the future, Gina Rinehart’s family feud to stay private, and billionaire Zhao family embroiled in US college admissions scandal.

Succession transition sets up Ricola for the future

The principal of Swiss herbal product manufacturer Ricola has relinquished daily duties to a non-family director while his son steps up onto the board of directors.

Felix Richterich, 60, remained as chairman with a focus on strategy from 1 May after seven years as both chairman and chief executive. The grandson of founder Emil Richterich managed the Laufen-based company for 27 years.

Family portrait: the Weston family

May 9, 2017

High street shoppers worldwide may not have heard of the transatlantic Weston family but they certainly will have heard of the brands owned or controlled by the Irish/Canadian clan. CampdenFB takes a look at the people behind the names