Kushner Properties Markets New Jersey Project to Rich Chinese

By | May 12, 2017|Family Business|

Nicole Kushner Meyer, the next generation member of the Kushner properties group, invited rich Chinese investors to make investments in the group's luxury apartment complex Kushner 1, in New Jersey. She gave presentations to rich Chinese citizens and urged them to invest USD 500,000 in the US to obtain the EB-5 immigrant investor visa. The [...]

Nisaba Godrej elevated as Godrej Consumer’s Chairperson

By | May 12, 2017|Family Business|

The 120 year old, Mumbai based Godrej Group's flagship company Godrej Consumer Products Limited (GCPL) gets a new Chairman. The company has appointed Nisaba Godrej, Chairman Adi Godrej's younger daughter as its executive chairman. According to the succession plan, the 75 years old patriarch, Adi Godrej becomes the company's Chairman Emeritus. In February, 2017 a [...]

Huntsman family and Koch foundation give $50 million Gift to Utah State University’s Business School

By | May 12, 2017|Family Business|

Two family foundations are to gift USD 25mn each to the business school of the Utah State University. The gift from the Huntsman Foundation and Charles Koch Foundation will help the school expand its faculty and increase its student scholarship offers. The money will be paid over a period of ten years, said Doug Anderson, [...]

Arnault Family to Take Full Control of Christian Dior in $13bn Deal

By | May 2, 2017|Family Business|

The Arnault family, which controls the French luxury products maker, LVMH Louis Vuitton Moët Hennessy SE, announced a $13bn plan to buy the 25.9% outstanding stake of the fashion firm Christian Dior SE. With this, the Arnault family will take complete control of Christian Dior. The move will also allow LVMH to take full charge [...]

Admit your family business needs help before it’s too late

By | April 25, 2017|Family Business|

In a 2007 article published in the New York Times, author Nora Klaver of May Day! Asking for Help in Times of Need says that asking for help “makes business sense.” Yet, it is rare that small-business owners — especially family owned businesses — will admit that they need help, much less become proactive in [...]

Australia: Family business succession: When to pass control? Watch out for tax and duty traps.

By | April 25, 2017|Family Business|

A common question for family business succession, and particularly for primary production family business, is when control of the business should be passed to the next generation, without risking the valuable assets of the business if something goes wrong. Unfortunately, it is far too common to see the first generation wishing to retain control of [...]

CSR a key element for success at top family businesses

By | April 7, 2017|Family Business|

Fast-growing, mid-sized family businesses around the world have identified corporate social responsibility (CSR) as an important element for their success, according to a joint report by Citi Private Bank and UK-based family business information provider Campden Wealth Research. The report, entitled The Top 50 Global Challengers, released last week (March 30), profiles 50 fast-growing family [...]

Load More Posts