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Is day zero investing the future of venture capital?

May 17, 2023

Fridtjof Berge, co-founder of global investor Antler, discusses why getting in on the ground floor can reap dividends for family offices.

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: Jimmy Haslam, Ken Giffin, Mark Scheinberg

April 17, 2023

In this week’s FB Roundup, the Haslam family buy a stake in the Milwaukee Bucks basketball team; Ken Griffin donates $300 million to Harvard University; and Online poker billionaire Mark Scheinberg aims to buy luxury hospitality group.

Haslam family buy stake in Milwaukee Bucks basketball team
Having recently sold their Pilot Flying J truck stop chain to Warren Buffett’s Berkshire Hathaway, Jimmy Haslam and his wife Susan “Dee” Bagwell Haslam have added to their sports franchise interests with a minority stake in the American basketball team the Milwaukee Bucks.

FB Roundup: Sir Leonard Blavatnik, Mitchell Rales, Thomas Lee

March 2, 2023

In this week’s FB Roundup, Sir Leonard Blavatnik helps London’s V&A Museum to secure David Bowie archive; Mitchell Rales gifts $1.9 Billion to his own art museum; and tributes are paid to billionaire financier Thomas Lee.

Sir Leonard Blavatnik helps London’s V&A Museum to secure David Bowie archive
The extensive archive of the late singer-songwriter David Bowie will be made available to the public from 2025, thanks to a donation of £10 million from the Ukrainian-born businessman and philanthropist Sir Leonard Blavatnik through his Blavatnik Family Foundation.

FB Roundup: David Fattal, Sanjeev Gupta, Ted Lerner

February 21, 2023

In this week’s FB Roundup, Israeli billionaire David Fattal buys Brighton’s Grand Hotel; Sanjeev Gupta’s GFG Alliance aims to rescue collapsed UK steel companies; and tributes are paid to baseball team owner Ted Lerner.

Israeli billionaire David Fattal buys Brighton’s Grand Hotel
Leonardo Hotels UK and Ireland, part of Israel's Fattal Group, has bought one of the UK’s most famous seaside hotels as part of an expansion into the luxury market.

Owned by the billionaire David Fattal, Leonardo Hotels UK and Ireland said it planned to “Invest significantly” in the 159-year-old Grand Hotel in Brighton in a bid to return the 201-room Victorian building to its “Iconic status”.

FB Roundup: Lord Alli, Mark Mateschitz, Wu Yajun

November 7, 2022

In this week’s FB Roundup, Lord Alli is named as chairman of Marwyn Acquisition Company; a three-member CEO board is announced to lead Red Bull after the death of co-founder Dietrich Mateschitz; and Wu Yajun steps down as chair for real estate developer Longfor Properties.

Lord Alli named as chairman of Marwyn Acquisition Company
Lord Waheed Alli, the former head of children's media group Chorion and online fashion retailer Koovs, has stepped up as chairman of Marwyn Acquisition Company (MAC), a listed company targeting takeovers in the creative industries.

FB Roundup: Dietrich Mateschitz, Bernard Arnault, Sir Richard Branson

October 24, 2022

In this week’s FB Roundup, tributes are paid to billionaire Red Bull co-founder Dietrich Mateschitz; Bernard Arnault sells his private jet to avoid climate activists tracking him; and Sir Richard Branson is invited to take part in a Singapore death penalty debate.

Tributes paid to billionaire Red Bull co-founder Dietrich Mateschitz
Austrian President Alexander Van der Bellen has led tributes to Red Bull co-founder Dietrich Mateschitz, who has passed away aged 78 after a long battle with cancer.

Austria's richest person with a fortune estimated by Forbes at $27.4 billion, the entrepreneur built the energy drink into one of the most recognisable brands in the world with influence across the worlds of sport and culture.

FB Roundup: Mike Ashley, Leonard N. Stern, Robert Hersov

September 12, 2022

In this week’s FB Roundup, Mike Ashley plots a takeover of historic Savile Row tailor Gieves & Hawkes; Robert Hersov plans to buy multiple South African airports; and Leonard N. Stern reportedly agrees to return ancient artifacts to Greece.

Mike Ashley plots historic Savile Row tailor takeover
Frasers Group, the shopping empire founded by British retail billionaire Mike Ashley, is among the remaining bidders contending for ownership of the historic tailors Gieves & Hawkes, according to Sky News.

FB Roundup: Patrick Drahi, José Luis Cutrale, Strive Masiyiwa

August 25, 2022

In this week’s FB Roundup, Patrick Drahi is cleared to retain his 18% stake in BT; Brazilian orange juice billionaire José Luis Cutrale passes away aged 75; and Zimbabwean billionaire Strive Masiyiwa acquires an Israeli tech firm for $60 million.

Patrick Drahi cleared to retain his 18% stake in BT
Following an investigation under the new National Security and Investment Act, Kwasi Kwarteng, England's Secretary of State for Business, Energy and Industrial Strategy, has announced that he will now not be blocking French-Israeli billionaire Patrick Drahi from increasing his stake in telecommunications giant BT.

FB Roundup: Rihanna, Naguib Sawiris, Nicky Oppenheimer

July 11, 2022

In this week’s FB Roundup, Rihanna becomes the youngest self-made female billionaire; Naguib Sawiris considers the sale of Italy’s largest internet services firm; and Nicky Oppenheimer wins a reprieve on a mining proposal on his family farm.

Rihanna becomes youngest-ever woman billionaire
Barbadian singer, actress, fashion designer and businesswoman Rihanna has become the youngest self-made female US-based billionaire with a net worth of $1.4 billion.

From an impoverished background to superstardom, the majority of Rihanna’s wealth comes from fashion and beauty brands Fenty Beauty, Fenty Skin and Savage X Fenty.