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FB Roundup: SP Hinduja, Grifols family, Carlos Slim

May 22, 2023

In this week’s FB Roundup, tributes are paid to SP Hinduja, the head of Britain's richest family; Spain's Grifols ends family leadership as new CEO is named; and Carlos Slim buys a stake in a Mexican oilfield.

Tributes paid to SP Hinduja, the head of Britain's richest family
SP [Srichand Parmanand] Hinduja, the billionaire leader of the Hinduja Group conglomerate and head of Britain's richest family has died at the age of 87.

Described as a “visionary titan of industry and business”, the hugely successful businessman “passed away peacefully”, according to a family spokesperson.

George Muthoot George: ‘Sustainable practice is at the core of what we do’

February 27, 2023

In an exclusive interview with Campden FB, 19th-Generation family member George Muthoot George of the Muthoot Group talks about living up to family legacy, a passion for hospitality and the ultimate motivation for sustainable investment…

For nearly 800 years, the Muthoot family have been heavily involved in business and philanthropy in and around Kerala, India. Since its formal establishment in 1887, the Muthoot Group has grown into multi-layered conglomerate focussing on financial services, healthcare, agriculture, housing, media, education and more.

FB Roundup: Kumar Birla, Alexandre de Rothschild; Alberto Safra

February 7, 2023

In this week’s FB Roundup, Kumar Birla appoints his children as directors of the Aditya Birla Group; the Rothschild family plan to take their investment bank private; and the son of Brazilian billionaire Banco Safra founder sues his family.

Kumar Birla appoints children as directors of Aditya Birla Group
In a purported succession overture, Indian billionaire businessman and philanthropist Kumar Birla has appointed two of his children as directors to oversee the retail unit of the Aditya Birla Group.

FB Roundup: Mukesh Ambani, Vincent Bolloré, Jack Ma

January 10, 2023

In this week’s FB Roundup, Mukesh Ambani focusses his attention on green energy; Vincent Bolloré sells his African ports and logistics business to MSC; and Jack Ma surrenders control of China's Ant Group.

Mukesh Ambani focusses attention on green energy
After handing over operational reins to his three children, Mukesh Ambani, the billionaire chairman of Mumbai-based multinational Reliance Industries, has announced he is focusing his attention on the Indian conglomerate’s pivot to green energy.

FB Roundup: Gautam Adani, Marian Ilitch, Amancio Ortega

November 30, 2022

In this week’s FB Roundup, Gautam Adani wins a bid to develop a Mumbai slum; the Ilitch family expand their pizza chain to the UK; and Amancio Ortega expresses interest in buying Manchester United.

Gautam Adani wins bid to develop Mumbai slum
Just days after finalising the takeover of news broadcaster New Delhi Television Ltd (a deal he considers a “Responsibility rather than a business opportunity”), Indian billionaire Gautam Adani has further added to his responsible investment portfolio after winning the right to redevelop India’s largest slum.

Anirudh Damani: ‘Applying ESG filters before understanding the problem is like putting the cart before the horse’

November 27, 2022

The fourth-generation entrepreneur and second-generation angel investor talks about his reasons for not applying an ESG mandate, next-gen impetus and a tax on polluting industries.

As a fourth-generation entrepreneur and second-generation investor, Anirudh Damani has carved a path across a multitude of industries but has a particular passion for making a difference through his investments.

From investing in a company that renews old smartphones for in-need Africans to facilitating funds into the wind, solar, hydro, and bio-power renewable power projects, Damani clearly has an affinity for making impactful and sustainable investments.

Catching the wave in tackling plastic

August 30, 2022

CleanHub builds an asset-light waste management company, funded by consumer goods brands, to stop ocean plastic and enable the circular economy. Leading VC firm Lakestar talks to founder and chief executive officer Joel Tasche.

The sea has long been a source of inspiration for artists, but for one surfer it was the source of inspiration for a company.

Priyavrata Mafatlal: Leadership is earned, it’s not a right

July 18, 2022

Priyavrata Mafatlal is a fifth-generation entrepreneur with his mind set on ensuring legacy and spearheading change through alternative new-age growth strategies. Ahead of chairing Campden Family Connect’s Indian Family Alternative Investment Forum in August, he talks exclusively to Campden FB about diversifying into alternative investments, honouring legacy and the advice he’d give his younger self.

Vice chairman of the 118-year-old Arvind Mafatlal Group, managing director of Mafatlal Industries Limited (one of India’s oldest textile companies) and executive director of NOCIL Limited (India's largest manufacturer and supplier of rubber chemicals), Priyavrata Mafatlal is a fifth-generation entrepreneur with his mind set on ensuring legacy and spearheading change through alternative growth strategies.

FB Roundup: Mukesh Ambani, Joe Tsai, Patrick Drahi

June 14, 2022

In this week’s FB Roundup, Mukesh Ambani makes a £5 billion bid to buy Boots; Billionaire Joe Tsai invests millions in Just Women's Sports; and Patrick Drahi’s proposed takeover of BT is expected to be blocked by the UK government.

Mukesh Ambani makes £5 billion bid to buy Boots
Indian billionaire Mukesh Ambani has teamed up with American private equity company Apollo Global Management to make a £5 billion tender for the UK pharmacy retail giant Boots.

Ambani, who is the richest person in Asia and the seventh richest in the world (according to Forbes), has been working on a potential buyout for the high street chain since April through his Reliance Industries firm and is now placed for a formal takeover.

FB Roundup: Nick Candy, Sheikh Abdul Aziz Al Khalifa, Dr. Kiran Patel

March 17, 2022

In this week’s FB Roundup, property developer Nick Candy enlists a football legend for his Chelsea takeover bid; Sheikh Abdul Aziz Al Khalifa buys a stake in an ethical fintech startup; and Dr. Kiran Patel expands his investment into electric vehicles.

Nick Candy enlists football icon Gianluca Vialli in Chelsea takeover bid

British luxury property developer Nick Candy has further bolstered his bid to buy embattled Premier League football club Chelsea by hiring the team’s former player-manager Gianluca Vialli as an advisor.

Candy, who, along with his brother Christian, has overseen such notable projects as London’s One Hyde Park and NoHo Square and Beverly Hills’s 9900 Wilshire, brought Vialli’s Tifosy Capital & Advisory on board ahead of the deadline for bids.