Family Dynasties and Their Deals: Stakes, Buyouts, Control
What the world’s business families buy, sell and restructure, and what each deal shows about how family capital works.
Lao Gan Ma Sales Hit ¥5.4bn After Founder Tao Huabi Returned
Lao Gan Ma's 2025 revenue reached about ¥5.4bn, level with its 2020 peak. How Tao Huabi's 2014 handover to her sons faltered and why she came back.
Del Vecchio Heir Offers €3.7bn a Stake in Delfin; 4 Say No
Leonardo Maria Del Vecchio offered about €3.7bn per 12.5% stake in Delfin on 2 November; four heirs said no. How the price, payment and voting rules work.
Who Owns LGT Capital Partners? A New CEO From 2027
LGT Capital Partners, owned by Liechtenstein's Princely Family, names Sascha Gruber CEO from 2027. How its ownership and hired managers work.
Blaquier Collection at Sotheby's: Heirs Offer $450m of Art
The Blaquier heirs offer 12 paintings at Sotheby's New York on 18 November, expected near $450m. How the guarantee and auction records work.
Peter Lim to Sell Valencia CF Stake, Pitchwise to Take 42%
Peter Lim's Meriton is bringing Pitchwise into Valencia CF with 42% at a €1.25bn value. How new capital and dilution decide who keeps the majority.
Tata Sons Listing: RBI Governor Says Upper Layer Must List
RBI Governor Sanjay Malhotra said on 23 October that upper-layer finance firms must list. What it means for Tata Sons and the trusts that own about 66%.
Jio IPO Closes 22.19 Times Subscribed: What It Means
Jio Platforms' IPO closed on 23 October with bids for 22.19 times the shares on offer. Why demand does not change what Jio raises or what Reliance keeps.
Who Owns Bayern Munich? Viessmann Family to Take 6.7%
FC Bayern München e.V., the members' association, will hold 70% of FC Bayern München AG, down from 75%, as the Viessmann family's group takes just under 6.7%.
Dangote Succession: Three Daughters, a Dubai Family Office
Aliko Dangote has split senior roles among his three daughters, one running a Dubai family office. How a shared succession and family office fit together.
Antoine Arnault to Become Paris FC President in November
Pierre Ferracci will hand Paris FC's presidency to Antoine Arnault, whose family holding took 52.4% in 2024. Why a family puts an heir in the chair.
Germany's Richest Family 2026: Who Owns Boehringer Ingelheim
The Boehringer family, owner of Boehringer Ingelheim, tops manager magazin's 2026 rich list at €66.7bn. How the top three hold their firms.
Amancio Ortega's Pontegadea Buys Chicago Tower for $550m
Amancio Ortega's Pontegadea bought Chicago's One North Wacker for about $550m. How €3.2bn a year in Inditex dividends becomes a property portfolio.
GCash IPO: Who Owns Mynt After the Record ₱60.9bn Listing
GCash owner Mynt listed on the Philippine Stock Exchange on 20 October after a record ₱60.9bn IPO. Who owns it now, and why Globe and Ayala did not sell.
Giorgio Armani's Will: How the 15% Stake Sale Works
Giorgio Armani's will asks for a first 15% of his company to be sold by about March 2027. How the staged sale, the foundation's 30.1% and the votes work.
Nedbank Completes NCBA Deal: Kenyattas Take Shares and Cash
Nedbank has bought 66% of Kenya's NCBA, paying sellers about 80% in its own shares and 20% in cash. What a share-swap exit means for the families.
Stephen Ross to Sell 2.1% of the Dolphins at $12.5 Billion
Stephen Ross agreed to sell 2.1% of the Miami Dolphins for about $262 million. How selling small slices at rising prices keeps a family in control.
Monsoon Founder Peter Simon's Art Sale Makes £107.5m
Christie's sold 40 of 41 lots from Monsoon founder Peter Simon's art collection for £107.5m with fees. How auction guarantees work and what a family nets.
Saudi Arabia Postpones FII10 to 2027 Amid Houthi Attacks
The FII Institute moved its 10th Riyadh forum, set for 26 to 29 October 2026, to 2027. Why FII matters to Gulf family capital and what else was put off.
Evergrande Founder Hui Ka Yan Sued Over HK$10.1bn Loans
Cheung Chung-kiu alleges Evergrande founder Hui Ka Yan owes him HK$10.1bn in oral loans; liquidators sue Cheung. What happens to a founder's fortune.
Michael Dell's Family Office to Buy a $406 Million SK Stake
A Michael Dell family office fund is buying 972,493 SK Inc. shares from chairman Chey Tae-won for ₩544 billion. Why such stakes, and Korea's 5% rule.
Dyson Paid Its Family Holding £750 Million as Sales Fell
In 2025 Dyson paid £750 million in dividends to Weybourne, the family's Singapore-based holding, as revenue fell 6.7%. How profit reaches a family holding.
Talia Sawiris at El Gouna, and a Mansour Heir at Palm Hills
Samih Sawiris says his daughter Talia has joined the El Gouna Film Festival, per one report; Yasseen Mansour's son holds Palm Hills shares. How heirs start.
Pave Investments, Chaired by Tunde Folawiyo, Backed Paystack
Pave Investments, chaired by Tunde Folawiyo and backed by two family offices, joined Paystack's 2016 seed round. How family office venture investing works.
Mary-Ann Musangi Wants Haco in 30 African Countries by 2030
Mary-Ann Musangi wants Kenya's Haco Industries in 30 African countries by 2030 through partners' plants, as the family weighs a listing or an investor.
Koç Group at 100: How Turkey's Top Family Firm Keeps Control
Koç, Turkey's largest family-controlled group, is 100. How the family keeps control with investors, foreign partners and a foundation as co-owners.
Johann Rupert's Richemont in Talks to Buy Into De Beers
Johann Rupert's Richemont is in talks to join the group bidding for De Beers, Bloomberg and Reuters report. Nothing is signed. Why a jeweller wants in.
Morocco's Saham Group Sets Up a Spanish Investment Company
In September 2026 Morocco's Saham Group registered SH REI Spain SL, owned from Dubai. How the Elalamy family went from selling businesses to investing.
IOI and Hongkong Land in Talks Over Singapore Landmarks
IOI Properties is in talks to buy CHIJMES and the Capitol Kempinski; Hongkong Land is in talks with HPL. How two family-linked empires fund trophy buys.
Prem Watsa's Fairfax Picked to Buy Control of IDBI Bank
On 14 October India named Prem Watsa's Fairfax strategic buyer of 60.72% of IDBI Bank for about $5.6 billion. How a founder-led group buys from the state.
NMC Founder B. R. Shetty Sues Bank of Baroda for $15 Billion
NMC Health founder B. R. Shetty is suing Bank of Baroda for $15 billion over NMC's 2020 collapse; the bank vows to defend. How hidden debt sinks a fortune.
Castel Group Dispute: Romy Castel, Two Trustees and the CEO
Romy Castel says a Singapore court upheld her votes at IBBM, manager of the fund that owns the Castel group, yet the CEO stays. Who holds which lever.
Chey Tae-won's ₩944 Billion SK Share Sale After His Divorce
SK chairman Chey Tae-won is selling ₩944 billion of SK Inc. shares to pay a court-ordered property division. How a block sale and a swap preserve control.
Getty Images Bankruptcy Plan: Family and Koch to Own 100%
On 12 October Getty Images agreed a prepackaged Chapter 11 plan: the Gettys and Koch commit up to $533 million for 100%. Why shareholders would get nothing.
Cheng Family's New World Development Loses $3.6 Billion
New World Development lost about $3.6 billion in the year to June. The Cheng family's holding offers support, but control is the sticking point.
Oatley Family Agrees to Buy Back Rosemount, 25 Years On
Treasury Wine Estates agreed to sell Rosemount to A.G. Oatley Wines, returning it to the Oatleys, who founded it in 1969. Why a founding family buys back.
Oryx Energies Management Buyout: Gandur Is Selling Control
Jean-Claude Gandur is selling control of Oryx Energies to two of its managers; reports value the firm at about $1 billion. How a management buyout works.
Carlos Slim's Children: Who Runs What in the Slim Family
Carlos Slim Domit, Patrick and Marco Antonio Slim Domit hold top roles at different companies. Five Slims are in Expansión's 2026 business ranking.
Seragnoli Family Office Agrees to Sell iSMA Controlli to IMI
IMI agreed to buy iSMA Controlli from owners including B.group, the Seragnoli family office, at a €63 million enterprise value. A buy, build, sell cycle.
Malaysia's King Buys 2.25% of Southern Alliance Mining
On 12 October 2026 Sultan Ibrahim bought 2.25% of Singapore-listed Southern Alliance Mining at an 11.84% premium. What the company owns and his ties to it.
Koos Bekker and The Newt: From Tech Shares to Somerset Land
Koos Bekker and Karen Roos hold over 2,700 acres through The Newt in Somerset, a Guardian analysis says. How a Bekker trust's share sales fund hotels.
Tata Trusts and Tata Sons: When Charities Own the Company
The Tata Trusts, which own about 66% of Tata Sons, are at odds with its board and each other over a listing. How charity ownership works and where it jams.
Jio IPO: Anchor Book, Dates and How the Ambanis Keep Control
Jio Platforms listed on 28 October after India's largest IPO and an anchor book of over ₹8,100 crore. How the Ambanis raised cash and kept control.
Gérard Wertheimer Reportedly Opens a Geneva Family Office
Bloomberg reports Chanel co-owner Gérard Wertheimer has set up a Geneva family office, beside the family's Mousse Partners. Why families run more than one.
Canada's Westons Agree to Buy Boots for $8.9 Billion
On 7 October the Canadian Westons agreed to buy Boots for $8.9 billion, with Fairfax as partner. Who the buyer is and what family capital offers a seller.
Larry Ellison's Pledged Oracle Shares and the Warner Deal
Larry Ellison has pledged 413 million Oracle shares for personal loans, and the Ellisons now control Warner Bros. What pledging means for a fortune.
Del Vecchio Heirs' Delfin Backs Intesa's Offer for MPS
On 4 October 2026 Delfin, the holding of Leonardo Del Vecchio's eight heirs, backed Intesa's bid for MPS. What it would get and why an 88% rule binds them.
TVS Family's Reported Dispute Over Who Owns What
Venu Srinivasan's family reportedly disagrees over whether a 2024 memorandum divided its TVS businesses for good. Why families should divide value too.
Airtel Money's London Float and the Mittals' Three Layers
Airtel Money began trading in London on 9 October at a £5.3 billion valuation, raising no new money. How the Mittals list layer by layer and keep control.
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