Family Office & UHNW - Empowering Family Dynasties

Steve Lockshin's estate planning tech firm Vanilla landed an investment from NBA legend Michael Jordan. Here's the opportunity he saw.

Families and private investors say long-term impact investing delivers social and environmental outcomes while growing capital and managing risks in an era of global disruption.

Chinese families started shifting their investment strategy from wealth generation to preservation in anticipation of a global economic downturn even before the deadly coronavirus outbreak disrupted China’s slowing economy.

Wealthy families, foundations and individuals with an estimated total net worth of $328 billion are accelerating their interests in sustainable and impact investing to an unprecedented level, propelled by the Covid-19 pandemic and climate crisis.

More resilient first-generation wealth holders in China, lagging behind global peers in formalising their inheritance plans, are opening family offices to train and support their solitary “ill-equipped” next generation successors in wealth preservation, investments and philanthropy.

The highest-paid actors (and actresses) on television for 2021 look a bit different than they usually do. Streaming services and premium cable channels including HBO and Showtime dominate the list. In fact, of the 29 highest-paid actors on television right now only four of them are on traditional network TV.

Jorge Bacardi received the ultimate blessing when an organ donor allowed him to have a life saving double lung transplant. Jorge paid that gift back in a major way.

The world’s 25 richest families are worth $1.7 trillion, a 22% increase from a year ago. 

China’s billionaire business families are setting up their own family offices at a phenomenal rate as ageing principals shift their priorities from wealth creation to preservation and succession.

Picture yourself as a successor, recently arrived in a foreign market with no clear job description, no clarity on why you are there and a suspicious local management team. Your brief is to 'Find your own way and make a difference' in a company with €1 billion plus sales and a track record of minimum active family involvement.

Ultra-high net worth individuals (UHNWIs) inevitably have cross border aspects to their affairs. They own assets in and/or have connections to multiple jurisdictions around the world and as such, in advising them, an awareness of international succession law is vital.

Peeking into the inner theatre of the seriously wealthy.

Ghani released a press statement saying that he "owe the Afghan people an explanation for leaving Kabul abruptly on August 15th after Taliban unexpectedly entered the city."