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philanthropist

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.

August 13, 2019

The first fourth-generation family member to chair the Nathan Cummings Foundation says the next generation should not be seen as a “threat” by family principals and urges more entities to mentor their next gens shoulder to shoulder.

The first fourth-generation family member to chair the Nathan Cummings Foundation says the next generation should not be seen as a “threat” by family principals and urges more entities to mentor their next gens shoulder to shoulder.

August 2, 2019

The first fourth-generation family member to lead the Nathan Cummings Foundation says a root and branch restructuring of the New York-based philanthropic institution is the best way to honour her family’s legacy.

The first fourth-generation family member to lead the Nathan Cummings Foundation says a root and branch restructuring of the New York-based philanthropic institution is the best way to honour her family’s legacy.

Jaimie Mayer, the 36-year-old great-granddaughter of the founding Canadian-born US businessman, investor and philanthropist, succeeded Ruth Cummings as chair of the board of trustees.

Mayer looked set to introduce changes in culture and policy, and movement building at the 30-year-old family foundation.

April 8, 2019

Dame Stephanie Shirley brought the same trailblazing zeal to philanthropy over the past quarter century as she did as an IT industry pioneer. She tells James Beech what she learned from starting and finishing charitable giving

How a philanthropist ends their legacy is just as important as how they start it. Just ask Dame Stephanie “Steve” Shirley CH, who at 85 and after decades of venture philanthropy is spending out her charitable Shirley Foundation while ensuring the good work continues.

May 1, 2018

Ghazi Abu Nahl, insurance magnate, philanthropist, and father-of-five, shows few signs of slowing down. Despite turning 72 this year, his schedule sees him in a new city virtually every week. So how did a former refugee, who describes his ideal day as being at home with his wife and children, build a global business empire with more than $5 billion in assets? Alexandra Newlovereports

Ghazi Abu Nahl, insurance magnate, philanthropist, and father-of-five, shows few signs of slowing down. Despite turning 72 this year, his schedule sees him in a new city virtually every week. So how did a former refugee, who describes his ideal day as being at home with his wife and children, build a global business empire with more than $5 billion in assets? Alexandra Newlovereports

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