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An award-winning millennial entrepreneur says family businesses must show their rising stars how their family wealth serves the greater good if they want to engage next-gens in succession planning.
NEWS & ANALYSIS
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The world’s wealthiest families control $1.4 trillion, Hong Kong tycoon Peter Woo urges protesters to stop violence and Anil Agarwal’s family trust pulls out of bid for Jet Airways
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The first fourth-generation family member to chair the Nathan Cummings Foundation says the next generation should not be seen as a “threat” by family principals and urges more entities to mentor their next gens shoulder to shoulder.
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Third-generation steelmakers Radha Smelters have had their fair share of ups and downs, which is why educating the next generation, mixed with on-the-job experience, is so highly prized. Nicholas Moody reports
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A surge in the number of billionaires has made Asian family offices an El Dorado for wealth managers lured by the prospect of bigger pay packages and more varied work.
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Features
An idea borne from a classroom Eureka moment provided the basis for a groundbreaking field book for families. Randel Carlock discusses the vibrant guide he and co-author Keng-Fun Loh created to help families prepare for their own lunar landing.
Tax department clarifies Cyprus 60-day rule for nominee directors
Family Office
Single family offices looking to hire top talent from traditional banking and asset management corporations should appreciate that not all candidates suit working in a family office environment, according to a family office recruitment director.
An idea borne from a classroom Eureka moment provided the basis for a groundbreaking field book for families. Randel Carlock discusses the vibrant guide he and co-author Keng-Fun Loh created to help families prepare for their own lunar landing.
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