Davos

Family businesses dominate list of Britain’s highest taxpayers

February 8, 2019

Britain’s wealthiest families paid $1.2 billion in tax in the last financial year at a time when the state revenue contributions of the world’s richest individuals and corporations are coming under increasing scrutiny.

FB Roundup: LG Group, Swedish families back ‘creative Davos’, LVMH-backed fund L Catterton

May 23, 2018

LG Group chairman dies, prominent Swedish families back ‘creative Davos’, LVMH-backed funds buys into Indian retailer

Transformational LG Group chairman Koo Bon-moo dies

The influential chairman of South Korea’s LG Group, who helped transform the company into a technology heavyweight, has passed away after a battle with brain disease.

Third-generation leader Koo Bon-moo, 73, had been ill for a year, LG said in a statement, and had refused life support.