In this week’s FB Roundup, the billionaire Hinduja brothers call a truce on their family feud: Jeff Bezos pledges to give most of his money to charity; and Sam Bankman-Fried’s net worth is decimated after FTX crashes.
Billionaire Hinduja brothers call a truce on family feud
The India-born Hinduja brothers, Britain’s richest family, have agreed a truce in a long-running feud over the future of their family’s global business empire following revelations that the battle “Marginalised” the dementia care of its billionaire patriarch.
Maersk family expands into healthcare with Unilabs deal, Weston family sells Selfridges to Chirathivat family, Lonely billionaire Bill Gates shares The Giving Pledge with ex-wife Melinda.
Maersk family expands into healthcare with Unilabs deal
The family holding company best known for controlling the Danish shipping giant Maersk is making good on its plans to tackle global challenges head on by acquiring a Covid-19 test maker and diagnostics company.
Manchester United owner Joel Glazer promises angry fans investment and consultation, Warren Buffett’s heir apparent is deal-maker Greg Abel, Bill and Melinda Gates to divorce but continue charitable foundation.
Manchester United owner Joel Glazer promises angry fans investment and consultation
Apologetic co-chairman Joel Glazer has sought to reassure Manchester United fans he and his US billionaire family “care deeply” about the English Premier League football club they own and pledge greater investment and fan consultation.
Deepening digital strategy boosts Inditex coronavirus recovery, Mars principal leads charge to overhaul capitalism with social purpose, Billionaire Chuck Feeney goes broke after going big in philanthropy.
Deepening digital strategy boosts Inditex coronavirus recovery
Online sales turbo-charged a V-shaped coronavirus recovery into profit for the digitally innovative Ortega family-owned Spanish fashion giant Inditex, best known for its high street chain Zara.