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Michael Bloomberg

FB Roundup: Warren Buffett, Harold Hamm, Ronald Perelman

June 21, 2022

In this week’s FB Roundup, Warren Buffett donates $4 billion to charity; Harold Hamm aims to take oil group Continental Resources private; and Ronald Perelman sees big losses as Revlon faces bankruptcy.

Warren Buffett donates $4 billion to charity
Legendary investor and philanthropist Warren Buffett is staying true to his pledge to give away nearly all his personal fortune – valued at $93.4 billion, according to Forbes – with a $4 billion donation to the Bill & Melinda Gates Foundation and four other family charities.

FB roundup: Victor Li, Bloomberg, and Family Business United Scotland

November 21, 2018

Victor Li transforming father’s old empire through new tech, Michael Bloomberg donates $1.8 billion to John Hopkins University, and profits rise to $1.4 billion at top Scottish family firms.

Victor Li transforming his father’s empire through new tech

Victor Li, son of Hong Kong’s richest family and current chairman of CK Hutchinson Holdings, has forged partnerships with a slew of mainland Chinese technology companies after taking over from his father earlier this year.

Li (pictured) succeeded his 90-year-old father Li Ka-Shing as head of first-generation family business CK Group in May.

It’s cool to be kind: Family offices and impact investing

March 26, 2018

The term “impact investing” celebrated its 10th birthday in 2017, a year where it seemed every other investment house launched a new fund offering to tap into the trend. But what does it really take to be an impact investor? And is the term being thrown around too loosely? Alexandra Newlove speaks to those active in the sector

The old school tie: alumni philanthropy

January 16, 2015

Education is one of the top causes that wealthy families donate to globally, with many high-profile examples of significant donations being made to tertiary institutions. But is donating to a top university or your alma mater beneficial for society as a whole, or just an elite few?