The Wallenbergs: where money meets Swedish science

By | February 22nd, 2017|Categories: Family Business|

The Wallenberg family’s main philanthropic vehicle, the Knut and Alice Wallenberg foundation (KAW), which celebrated its 100th anniversary this year, is the second-biggest backer of basic scientific research in Europe, having distributed SKr24bn or $2.7bn [...]

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Ping’s new president John K. Solheim talks about leading his family’s business

By | February 13th, 2017|Categories: Family Business|

Since the company's inception in 1959, Ping has been a family-run business. The recent elevation of John K. Solheim, the oldest son of Ping chairman and CEO John A. Solheim, and grandson of company founder [...]

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Lee Family Business is in Full Swing

By | February 13th, 2017|Categories: Family Business|

Just like in any sport, gymnasts need a place to train. However, these places require a monthly payment for training, competing and much more. For MaJe Lee, University of Utah gymnast Kari Lee’s mother, instead [...]

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Sovereign digicoin: a road map for RBI

By | January 30th, 2017|Categories: Uncategorized|

Thu, Jan 19 2017. 04 31 AM IST Sovereign digicoin: a road map for RBI By pushing banks to issue wholesale debt on the capital markets, a central bank digital currency may induce market discipline [...]

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Family Firms Are More Innovative Than Other Companies

By | January 27th, 2017|Categories: Family Business|

Family firms aren’t typically thought of as particularly innovative. More often, they’re viewed as risk averse, traditional, and stagnant. However, many family-owned businesses are among the most innovative in their industries. Consider Herr’s Potato Chips [...]

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100-Year-Old Founder of Cross Insurance Remains Committed to Family Business

By | January 27th, 2017|Categories: Family Business|

Shortly after Woodrow Cross founded Cross Insurance out of his family’s home in Bangor, Maine, in 1954, he sold his first insurance policy for just seven dollars. More than 60 years and nearly 115 agency [...]

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