People

The promotion of Ariane de Rothschild hints that the intensely male culture that has always dominated the banking family might be starting to thaw.  

Asia’s richest man has split his company in half, making his family and shareholders a lot of money. Like many of Hong Kong’s other tycoons, he just seems to get better with age.  

Since the dark days of 2011, when he was considered damaged, the News Corporation mogul has managed to wrongfoot his critics, boost his wealth and position his sons as heirs apparent. 

India questions Reliance Industries’ payments to politicians, while macadamia sales rocket. 

The conviction of Thomas Kwok on corruption charges is a big moment in Hong Kong, because its tycoons are rarely brought before the courts. Anyone hoping it is the start of a revolution will be disappointed, though. 

All of John Mills’ children have worked for his business JML, but only one remains and the company is now manager-owned. Is this the shape of family firms to come? 

Then Italian designed does more than make fancy corkscrews, he is an expert myth-maker too. And there are lessons in his autobiographies for all leaders trying to build legitimacy after a succession.

When Francois Pinault, the head of the Kering group of luxury brands, appointed Patricia Barbizet as the new head of Christie’s, he was giving a vote of confidence is one of the select band of family business specialist managers

When Heather Cho, the daughter of the owner of Korean Air, went crazy over the way her nuts were served to her the world reacted with anger (and laughter). But her behaviour is typical of the arrogant chaebols. Her outburst could cost them dear. 

A new list of Germany’s 500 wealthiest individuals and families reveals to what extent the country’s economy and culture is dominated by the family-owned Mittelsand firms.