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Lee Jae-yong

June 1, 2018

The appointment in April of Alexandre de Rothschild to the supervisory board of Rothschild & Co is the latest in an international wave of young family business scions seizing greater controls at the heart of their large, global family firms.

The appointment in April of Alexandre de Rothschild to the supervisory board of Rothschild & Co is the latest in an international wave of young family business scions seizing greater controls at the heart of their large, global family firms.

Alexandre, 37, becomes the seventh generation of the family in charge of the bank in a long-planned succession that sees his father, David de Rothschild, 75, become supervisory board chairman.

October 18, 2011

“Third-generation hereditary succession is as grotesque at Samsung as it is in Pyongyang,” wrote a correspondent to The Economist recently. The writer was making a slightly odd comparison between one of South Korea’s most successful chaebols – the state-supported manufacturing giants that continue to dominate the country’s economy – and the bizarre personality cult of Kim il-sung that lies beyond the demilitarised zone to the north.

“Third-generation hereditary succession is as grotesque at Samsung as it is in Pyongyang,” wrote a correspondent to The Economist recently.

The writer was making a slightly odd comparison between one of South Korea’s most successful chaebols – the state-supported manufacturing giants that continue to dominate the country’s economy - and the bizarre personality cult of Kim il-sung that lies beyond the demilitarised zone to the north.

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