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FB Roundup: George Osborne, Austin Russell, Sir James Dyson

May 16, 2023

In this week’s FB Roundup, George Osborne joins Agnellis family's investment firm; Austin Russell gains control of Forbes Global Media Holdings; and Sir James Dyson warns against a “crippling shortage” of UK engineers.

George Osborne joins Agnellis family's investment firm
Former British Chancellor of the Exchequer George Osborne and fund manager James Anderson have been hired by the Agnellis, one of Italy’s richest families, to run their new £2.4 billion firm, Lingotto Investment Management.

FB Roundup: Oppenheimer Generations, Fortescue Metals Group, The Ford Foundation

October 25, 2021

Oppenheimer family drives Asian investments with new Singapore family office, Mining magnate Andrew Forrest pushes green hydrogen, Ford Foundation to divest millions from fossil fuels.

Oppenheimer family drives Asian investments with new Singapore family office

The Oppenheimer family, heirs to the DeBeers diamond fortune, is the latest family enterprise to extend its family office into Singapore.

FB Roundup: Exor, Ford Motor Company, Daily Mail and General Trust

October 4, 2021

Agnelli family’s Exor unites Ferrari with former Apple designer Sir Jony Ive, Alexandra Ford English in driving seat of global Ford merchandising, Extra time for Rothermere bid to take Daily Mail trust private.

Agnelli family’s Exor unites Ferrari with former Apple designer Sir Jony Ive

John Elkann, the Agnelli family scion in control of Ferrari, anticipates “great things” from a new long-term collaboration with Sir Jony Ive, the design mastermind of Apple products.

FB Roundup: Adani Group, Maersk, Ford Motor Company

September 27, 2021

Adani doubles green investment pledge of rival Reliance, Maersk makes waves with series of e-commerce deals; the 40-year vindication of Bill Ford, the auto environmentalist.

Adani doubles green investment pledge of rival Reliance

Gautam Adani, India’s second wealthiest tycoon and leader of his infrastructure and energy empire Adani Group, has announced a $20 billion investment in renewable energy only weeks after rival Mukesh Ambani, India’s richest person, committed to producing the green energy hydrogen.

FB Roundup: Samsung, Ferragamo, Swarovski

May 3, 2021

Samsung’s Lee family to pay $10.8 billion inheritance tax bill, Ferruccio Ferragamo passes leadership torch to brother Leonardo Ferragamo, Fifth-gen Robert Buchbauer declares Swarovski sustainability goals.

Samsung’s Lee family to pay $10.8 billion inheritance tax bill

The family of late Samsung patriarch Lee Kun-hee has unveiled an instalment plan to pay its 12 trillion won ($10.8 billion) inheritance tax bill, to include large donations to South Korean healthcare and museums.

Family principal John Elkann in the driving seat of FCA-Renault merger

May 31, 2019

The $190 billion merger between Fiat Chrysler Automobiles (FCA) and Renault signals the emergence of family principal John Elkann as a major player as the world’s car industry develops connectivity, electric powered vehicles and autonomous driving.

The merger also shows how a dynastic family business can make bold strategic decisions to ensure its sustainability in an era of technological disruption.

John Elkann pays tribute to Fiat Chrysler driving force Sergio Marchionne

July 25, 2018

The family principal behind Fiat Chrysler Automobiles (FCA) has pledged to build on the legacy of Sergio Marchionne, his friend and non-family chief executive, who is credited by many with rescuing the automaking group from bankruptcy.

John Elkann, chairman and chief executive of the Agnelli family-controlled holding company Exor, paid tribute to Marchionne, who died suddenly today in intensive care in Zurich aged 66 from complications from shoulder surgery.