People

Patrick Thomas spent his entire career at family-owned firms, including Pernod Ricard, where he became CFO at 33, German cosmetics firm Lancaster and William Grant & Son, and most famously Hermes. He says that family firms should get better at lobbying politicians. 

The property arm of the Safras, a Brazilian banking dynasty, has bought iconic London office building The Gherkin. The family has been on something of a global spree of picking up famous addresses in the past year. 

Two of Australian mining billionaire Gina Rinehart’s children have launched a legal case against her, criticising the way she runs her business. It is the latest development in a long-running and increasingly bitter feud. 

Buyout firms are still doing deals in the Middle East, but they are very different to the leveraged buyouts still associated with PE in Europe and the US. 

The financial services are often criticised for being too macho. Family businesses seem to be one of the few ways that women can work their way to the top of the sector. 

Abigail Johnson has become the third generation of the founding family to take the reins at Fidelity, the fund management house created by her grandfather. 

Hong Kong is dominated by a small number of families, whose tycoon patriarchs made vast fortunes in the 60s and 70s. We take a look at five of the biggest. 

The rivalry between two brothers in the Parle conglomerate continues, even though they are now in their 70s.  

One of the founders of the Mittelstand has passed away, aged 88.

The Rothschild heir has had some bad experiences, but a new app for London black cabs sounds right up his street.