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philanthropist

May 10, 2022

In this week’s FB Roundup, Reetu Gupta is appointed chairwoman of The Gupta Group; Todd Boehly’s syndicate agrees to purchase Chelsea FC for £4.25 billion; and Brazilian billionaire Alberto Safra buys a Sao Paulo real estate firm.

Reetu Gupta appointed chairwoman of The Gupta Group
Reetu Gupta, a two-time recipient of Canada's top 100 most powerful women award, has been named chairwoman and ambassadress of The Gupta Group, taking over the running of the privately owned family office from her father, Dr. Steve Gupta.

March 23, 2022

In this week’s FB Roundup, MacKenzie Scott donates $281 million to the Boys & Girls Clubs of America, Stipple founder Ray Flemings launches an UHNW luxury services marketplace and Christian Beck’s family office brings a former Goldman Sachs boss on board.

MacKenzie Scott gifts $281 million to the Boys & Girls Clubs of America.

While her ex-husband Jeff Bezos continues to accumulate vast wealth, MacKenzie Scott is making good on her Giving Pledge promise with a donation of $281 million to the Boys & Girls Clubs of America non-profit organisation.

March 17, 2022

In this week’s FB Roundup, property developer Nick Candy enlists a football legend for his Chelsea takeover bid; Sheikh Abdul Aziz Al Khalifa buys a stake in an ethical fintech startup; and Dr. Kiran Patel expands his investment into electric vehicles.

Nick Candy enlists football icon Gianluca Vialli in Chelsea takeover bid

British luxury property developer Nick Candy has further bolstered his bid to buy embattled Premier League football club Chelsea by hiring the team’s former player-manager Gianluca Vialli as an advisor.

Candy, who, along with his brother Christian, has overseen such notable projects as London’s One Hyde Park and NoHo Square and Beverly Hills’s 9900 Wilshire, brought Vialli’s Tifosy Capital & Advisory on board ahead of the deadline for bids.

November 26, 2021

In 1925, Vincent Massey, the scion of one of the wealthiest families in Canada, did something that Ed Rogers today would find unthinkable. He quit.

In 1925, Vincent Massey, the scion of one of the wealthiest families in Canada, did something that Ed Rogers today would find unthinkable.

He quit.

Massey (pictured below right) was the fourth-generation heir to his family’s Massey-Harris farm equipment company, then already well on its way to becoming Canada’s first truly global firm. Despite this, Massey decided that his future lay not in tractors, but in public service and philanthropy. He later became governor general of Canada.

November 9, 2021

Agreeing on and abiding by a family constitution serves as the backbone for success for the leading Indian integrated logistics service provider V-Trans, owned and operated by the second-generation Shah family.

Agreeing on and abiding by a family constitution serves as the backbone for success for the leading Indian integrated logistics service provider V-Trans, owned and operated by the second-generation Shah family.

Mahendra Shah (pictured), group managing director and chief executive of V-Trans India Ltd, paid tribute to his late father and uncle as “the true entrepreneurs” who laid the foundation of the group based on ethics and values in 1958.

June 28, 2021

Melia Hotels International announces bullish recovery plan, Lego builds on $400 million sustainability effort with recycled bricks, Christoph Mohn succeeds mother as new ‘speaker of the family’ at Bertelsmann.

Melia Hotels International announces bullish recovery plan

The Escarrer family principal of Melia Hotels International has declared flexible expansion, digitalisation and sustainability as the key drivers behind the Spanish hotel chain’s recovery from 15 months of Covid-19 restrictions.

October 23, 2020

Forrest mining family office Tattarang diversifies into apparel brand RM Williams, Ferragamo family denies minority stake sale claim, Louis Vuitton and Christian Dior power LVMH rebound.

Forrest mining family diversifies into apparel brand RM Williams

Andrew Forrest, the Australian mining magnate and family office principal, says he is “incredibly proud and humbled” to return a former family business to Australian ownership in a $135 million acquisition indirectly from the French family-owned luxury giant LVMH.

February 14, 2020

Inditex pumps $9.2 million into social welfare; Benetton fires photographer over bridge remark; Frederick Koch, US philanthropist, dies aged 86.

Ortego-owned Inditex pumps $9.2 million into social welfare

The Ortega family-owned Spanish fashion giant Inditex, best known for its high street retail chain Zara, will give €8.5 million ($9.2 million) to the Catholic Church’s charitable organisation Caritas Spain for social employment and circular economy efforts.

January 20, 2020

Traditional billionaire philanthropists say they want to give back to society, but saving the world is falling to the next generation of ultra-wealth holders, a new Campden Wealth report reveals.

Traditional billionaire philanthropists say they want to give back to society, but saving the world is falling to the next generation of ultra-wealth holders, a new Campden Wealth report reveals.

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