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Lee Jae-yong

FB Roundup: Grosvenor Group, Samsung Group, Berkshire Hathaway

August 16, 2021

Grosvenor Group seeks ESG commercial property deals beyond London, Samsung’s ‘crown prince’ Lee Jae-yong released on parole, Warren Buffett maintains Berkshire Hathaway buyback spree over deals.

Grosvenor Group seeks ESG commercial property deals beyond London

Grosvenor Group, the London-headquartered international property businesses owned by the Duke of Westminster and family, looks to expand in the regions of the United Kingdom with its ESG–minded $415 million investment strategy.

The new strategy followed losses in asset values and revenue as Covid-19 pandemic restrictions impacted high street retail in 2020.

FB Roundup: Grundfos, Samsung, Warburtons

November 2, 2020

Due Jensen family heir named new chief executive of Grundfos, Lee Kun-hee leaves legacy of Samsung success but succession chaos, Warburtons shares pandemic dough with staff.

Due Jensen family heir named new chief executive of Grundfos

The Due Jensen family of Denmark has returned to helm their industrial giant Grundfos for the first time in almost two decades with the succession of next-generation heir Poul Due Jensen.

New wave of next-generation leaders take charge of global businesses

June 1, 2018

The appointment in April of Alexandre de Rothschild to the supervisory board of Rothschild & Co is the latest in an international wave of young family business scions seizing greater controls at the heart of their large, global family firms.

Alexandre, 37, becomes the seventh generation of the family in charge of the bank in a long-planned succession that sees his father, David de Rothschild, 75, become supervisory board chairman.

Is there a right to succession in a family business?

October 18, 2011

“Third-generation hereditary succession is as grotesque at Samsung as it is in Pyongyang,” wrote a correspondent to The Economist recently. The writer was making a slightly odd comparison between one of South Korea’s most successful chaebols – the state-supported manufacturing giants that continue to dominate the country’s economy – and the bizarre personality cult of Kim il-sung that lies beyond the demilitarised zone to the north.

“Third-generation hereditary succession is as grotesque at Samsung as it is in Pyongyang,” wrote a correspondent to The Economist recently.

The writer was making a slightly odd comparison between one of South Korea’s most successful chaebols – the state-supported manufacturing giants that continue to dominate the country’s economy - and the bizarre personality cult of Kim il-sung that lies beyond the demilitarised zone to the north.