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Diary

March 14, 2013

The cardinals announced their choice of pope on 13 March, electing Argentinian Jorge Mario Bergoglio – the first non-European pope for 1,300 years. His appointment might be a break from the norm, but when it comes to the new pope’s garb the Vatican is sticking with tradition.  

The cardinals announced their choice of pope on 13 March, electing Argentinean Jorge Mario Bergoglio – the first non-European pope for 1,300 years. His appointment might be a break from the norm, but when it comes to the new pope’s garb the Vatican is sticking with tradition.   

The wardrobe of Pope Francis – formerly archbishop of Buenos Aires – will be in the capable hands of tailors and sixth-generation family business Ditta Annibale Gammarelli.

February 12, 2013

Famously one of the most private of family business heads, Gina Rinehart is unlikely to be pleased by the news that her life is to be dramatised on Australian television screens from 2014. The executive chairwoman of Hancock Prospecting and Australia’s richest person will be the main character in the tentatively titled Mother Monster Magnate.

Famously one of the most private of family business heads, Gina Rinehart is unlikely to be pleased by the news that her life is to be dramatised on Australian television screens from 2014. The executive chairwoman of Hancock Prospecting and Australia’s richest person will be the main character in the tentatively titled Mother Monster Magnate.

February 7, 2013

There are plenty of list cataloguing the world's wealthiest people, but can you measure power in monetary terms?

There are plenty of list cataloguing the world's wealthiest people, but can you measure power in monetary terms?

Research firm Wealth-X reckons you can and says it is business and political associations that makes people power wealthy and not just personal fortune.

The wealth research firm has come up with a system to give social capital a monetary value – a value distinct from the individual's personal fortune, taking into account connections as well as wealth.

February 5, 2013

Lavazza, the family-owned coffee company, is throwing its hat into the UK coffee shop ring with its chain of cafes.

Lavazza, the family-owned coffee company, is throwing its hat into the UK coffee shop ring with its chain of cafes.

Headed by fourth-gen Alberto Lavazza, the Italian family business has plans to create a potential 400 Lavazza Espression cafes in the UK over the coming decade, with the first 50 opening in the next two years.

January 25, 2013

There was God, then Jesus, and then Gianni Agnelli – so people used to say. Possibly the greatest, certainly the most stylish post-World War II industrialist Europe has ever seen. 

There was God, then Jesus, and then Gianni Agnelli – so people used to say. Possibly the greatest, certainly the most stylish post-World War II industrialist Europe has ever seen.

January 24, 2013

The closest international equivalent might be Margaret Thatcher going into business with Fidel Castro.

The closest international equivalent might be Margaret Thatcher going into business with Fidel Castro.

But according to US reports, something almost that bizarre is being considered in the New York media world. Donald Trump, outspoken real estate mogul, long-term Republican and star of the US version of TV show The Apprentice, has reportedly shown an interest in buying the New York Times, the left-leaning American daily owned by the Ochs Sulzberger family.

January 16, 2013

Bigjigs Toys – a family business from Kent that makes wooden railways – is on a mission to change public opinion of the UK’s National Rail service.

Rising ticket prices, crowded services and inedible sandwiches. The privatisation of the British railway network, which began with John Major in 1993, has rarely been celebrated by UK commuters.

Thankfully though, Bigjigs Toys – a family business from Kent that makes wooden railways – is on a mission to change public opinion of the UK’s National Rail service.

December 26, 2012

What does your average multi-millionaire look like? White? Middle-aged? Wearing the obligatory suit and tie? Not according to a new series set to be broadcast this year.

What does your average multi-millionaire look like? White? Middle-aged? Wearing the obligatory suit and tie? Not according to a new series set to be broadcast this year.

Changing Fortunes traces how the major events in the latter half of the 20th century radically changed the demographic of the world’s wealthy. According to its makers, the rich are getting younger and more racially diverse – plus there are more self-made women.

December 24, 2012

Laying on the glamour for the party season, family-owned champagne house Charles Mignon has teamed up with luxury group Billionaires Row to launch a new champagne inspired by the rarest of gems, pink diamonds.

Laying on the glamour for the party season, family-owned champagne house Charles Mignon has teamed up with luxury group Billionaires Row to launch a new champagne inspired by the rarest of gems, pink diamonds.

Charles Mignon, currently run by the third generation of the eponymous family, formed a partnership with Billionaires Row this year and the pink champagne is the first offering from the two companies.

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