Family Business Succession and Inheritance: Cases and Data
How families pass on companies and fortunes: heirs, trusts, pooling agreements, disputes and the data on who plans ahead.
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.
What Is Premium Financing? Hong Kong's Life Policy Loans
Premium financing means buying a large life policy with a bank loan: about 36% of Hong Kong's new business in H1 2026. How it works and what can go wrong.
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.
UK Budget 2026: Inheritance Tax Holds, Savings Tax Rises
UK Budget 2026 kept inheritance tax rates and thresholds but tightened a trust debt rule; savings and rent face up to 49% from April 2027.
The Agnellis and Exor: 55% of the Capital, 84% of the Votes
The Agnellis' holding had 54.94% of Exor's economic rights and 83.97% of its votes at end-2025. How the layers and loyalty shares do it.
The Agnellis Since 1899: Owning Fiat, Hiring Its Managers
The Agnellis helped found Fiat in 1899 and created IFI in 1927 to control it. How hired managers ran Fiat between generations, and what families can learn.
Family Business Succession in Asia: Heirs Willing, Not Ready
Sun Life Asia: 78% of family-business respondents say heirs are willing to take over, but only 26% have a full plan. Hong Kong and Singapore answers compared.
Richest Person in China 2026: Hurun's Top 10 Explained
ByteDance's Zhang Yiming is China's richest person on Hurun's 2026 list, at $99.7bn. The top 10, the AI newcomers and what the heirs data shows.
Stanley Ho at 105: How His Casino Empire Was Passed On
Stanley Ho would have turned 105 on 25 November. How a 2010 share issue moved his Macau casino stake to his family, and what the fight teaches.
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.
Dolly Parton's Estate: Who Runs It, Why It Sued Her Nephew
Dolly Parton's estate company won a restraining order against her nephew, who denies making threats. How a childless star's estate and brand are run.
Julius Baer Family Barometer 2026: Few Ready for a Handover
Julius Baer and EY's Family Barometer 2026: only 2.3% of advisers' answers call families fully ready to sell. What it means and why family discord matters.
France's 2027 Partage Judiciaire Reform: When Heirs Disagree
From 1 January 2027, France gives court-appointed notaries 18 months to divide disputed estates, with lawyers required. What it means for co-heirs.
Giorgio Armani's 2016 Plan: Foundation and Six Share Classes
Giorgio Armani set up a foundation in 2016 and bylaws with six share classes to apply after his death. How the design worked, and what families can learn.
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.
How Families Prepare Heirs: HSBC and MIT Sloan's New Course
HSBC Private Bank and MIT Sloan open a six-week online course for heirs aged 23 to 30. How families prepare the next generation, from talks to real roles.
Soichiro Honda at 120: Why Honda Never Became a Dynasty
Soichiro Honda, born 17 November 1906, retired in 1973 and left Honda to a manager from outside the family. What his exit teaches about succession.
Indian Family Businesses: 36% Have a Written Succession Plan
A Grant Thornton Bharat and Entrust study of about 50 Indian business families finds 36% with a documented succession plan. Why the second generation lags.
Charles Vance Millar's Stork Derby Will, 100 Years On
Charles Vance Millar died on 31 October 1926, leaving his estate to Toronto's most prolific mother. Why Canada's top court upheld it, and what it teaches.
Oei Tiong Ham at 160: The Sugar King Who Moved to Singapore
Oei Tiong Ham, Java's sugar king, born on 19 November 1866, moved to Singapore and left a will his children contested. Why it did not save his Java assets.
Inheritance Tax in Singapore: None Since 2008. What Applies
Singapore has no estate duty for deaths on or after 15 February 2008. What still applies to heirs: stamp duty, intestacy, Faraid, CPF and probate.
Inheritance Tax in Switzerland: How the 26 Cantons Differ
Switzerland has no federal inheritance tax: 24 of 26 cantons levy one, mostly sparing spouses and children. Rates, gifts, the 2025 vote and heirship rules.
Beretta at 500: Lessons From 15 Generations of One Family
Beretta marked 500 years on 18 September 2026, still owned by one family. What the 1526 Venice order, its holding and a few habits say about longevity.
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.
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.
Zamparini Estate Freeze and Italy's Forced Heirship Rules
An Italian court has frozen assets in Maurizio Zamparini's estate dispute. Why Italy adds lifetime gifts and trusts back when it protects forced heirs.
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.
Lee Jae-yong to Receive a ₩2.6 Trillion Samsung Share Gift
Hong Ra-hee agreed to give her son Lee Jae-yong 11.16 million Samsung Electronics shares, worth about ₩2.6 trillion. How Korea values them for gift tax.
Andrónico Luksic at 100: Chile's Copper and Banking Dynasty
Andrónico Luksic, founder of Chile's Luksic Group, was born on 5 November 1926. How he left two holdings: one for mining, one for finance and industry.
Henkel at 150: How the Family Share Pool Keeps Control
Henkel turned 150 still controlled by Fritz Henkel's descendants, via a share-pooling agreement with 61.85% of the votes. How the pool and the KGaA work.
Fed Survey of Consumer Finances 2025: Over-75s Now Richest
The Fed's 2025 Survey of Consumer Finances puts families headed by people 75 and over on top, with a $504,900 median net worth. What that means for heirs.
Korean Dividends After a Handover: A Count of 58 Companies
A Korean press count found payout ratios rose at 40 of 58 listed firms after a handover. How heirs fund the tax, and a deduction unchanged since 1997.
Thyssen-Bornemisza and the Mauritshuis Swap 25 Paintings
Madrid's Thyssen-Bornemisza museum and the Mauritshuis swap 25 paintings each way. Behind it: a family collection split, bought back and sold to Spain.
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.
What Is Agache SCA? How the Arnaults Lock In Control of LVMH
Agache SCA is the partnership limited by shares into which the Arnaults plan to merge their holdings, with 49.76% of LVMH. What an SCA is and why it matters.
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.
German Inheritance Tax for Business Heirs Goes to Top Court
Germany's top court hears two inheritance tax cases on 12 and 13 October. How business relief works, and the needs test that waived €3.7 billion in 2025.
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.
France's 2027 Bill Would Tax Apport-Cession Gains on Gifts
France's 2027 budget bill would make deferred apport-cession tax due when holding shares are gifted or inherited, from 1 October 2026. What founders face.
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.
Family Office Succession Survey: Half Lack a Finished Plan
Half of North American family offices say their succession plan is unfinished or missing. The new data, and three conversations families tend to put off.
Iba Teigo: Sumitomo's Hired Manager Who Stepped Down at 58
Iba Teigo, who died in 1926, ran Sumitomo as a hired manager, moved its smelter offshore and stepped down at 58. What owners can learn about succession.
Why Family Fortunes Fade: Five Mistakes in Managing Wealth
The five mistakes family office surveys keep flagging, from no succession plan to ignored costs, and what the 70% figure on lost fortunes really shows.
Holding Companies, Trusts and Foundations Explained
Holding companies, trusts, foundations, family partnerships and private trust companies explained, with Rockefeller, Onassis, Walton and Bosch examples.
What Is a Family Office? Definition, Minimums and Costs
A family office is a private company that manages a wealthy family's money. What it does, the wealth it needs, what it costs and how to set one up.
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