The contest to see which of billionaire Bernard Arnault’s five children will become the next number one will be quite a battle. At stake is the world’s most luxurious brands and an empire recently valued at $560 billion.
Mukesh Ambani is preparing to hand the reins at his retail-to-refining business empire to his three children. The transition will mark one of the biggest transfers of wealth in recent times.
Machiavellian sibling rivalry is par for the course in the hit show Succession. But how is power usually handed on in a family business? And why are we so intrigued by dramas on the subject?
Amazon’s billionaire founder Jeff Bezos is handing over the reins to long-term team member Andy Jassy as his empire focuses on the cloud and looks to space.
Overbearing parents,sibling rivalry,nepotism and emotional immaturity are all issues that can derail family business empires. Just ask the Rineharts.
The Amazon founder will one day need to pass on the reins and an heir apparent who has"adopted a lot of Jeff's personality"has emerged.
BHP's reported approach to Anglo American's Mark Cutifani suggests Andrew Mackenzie's retirement is near.
Former Nationals leader Ian Sinclair is the chairman of a foundation that grants money to regional communities. He's guided CEO Natalie Egleton on both boardroom dynamics and family balance.