Walton family’s Walmart hires 200,000 furloughed staff and pauses Asda sale, Barbour family switches production from clothing to personal protection equipment, Grosvenor Estate targets help at vulnerable businesses and families.
Walton family’s Walmart hires 200,000 furloughed staff and pauses Asda sale
Walmart, the world’s biggest family business, reached its goal of hiring 150,000 new employees by the end of May in less than a month and has pledged to hire an extra 50,000 staff as part of the US retailer’s response to the coronavirus crisis.
Gianluigi Gabetti, the non-family chairman of the Agnelli family’s private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.
Gianluigi Gabetti, the non-family chairman of the Agnelli family's private holding company, will step down in May to be replaced by fifth-generation family member John Elkann.
Margherita Agnelli de Pahlen, daughter of the late Fiat chairman Gianni Agnelli, yesterday lost the court case she brought against her mother and three of her father’s advisors in which she claimed she had been denied her full inheritance.
Margherita Agnelli de Pahlen, daughter of the late Fiat chairman Gianni Agnelli, yesterday lost the court case she brought against her mother and three of her father's advisors in which she claimed she had been denied her full inheritance.
Fourth generation Agnelli de Pahlen claimed her father's estate had up to €1 billion in undeclared assets that had not taken into account and had called for a fuller accounting of the estate.
The myth that the eldest son automatically inherits the bulk of a wealthy estate or family business could be exploded once and for all, if the findings of a new study on Britain’s rich are to be believed.
