Vimeo
LinkedIn
Instagram
Share |

Billionaires

October 14, 2011

Alice Walton, daughter of Walmart founder Sam Walton, was arrested for drink-driving on 7 October, the day of her 62nd birthday, in Fort Worth, Texas.

Alice Walton, daughter of Walmart founder Sam Walton, was arrested for drink-driving on 7 October, the day of her 62nd birthday, in Fort Worth, Texas.

According to reports in the American press, Alice spent the night in jail and was released on a $1,000 (€725) bond.

Through her lawyer, the family business heiress apologised. “She accepts full responsibility for this unfortunate incident and deeply regrets it,” he said.

October 4, 2011

The world’s richest man, Carlos Slim, has reportedly seen his fortune drop by $16.5 billion (€13.5 billion) during the last three months, as tough economic conditions take their toll on the wealthy. 

The world’s richest man, Carlos Slim, has reportedly seen his fortune drop by $16.5 billion (€13.5 billion) during the last three months, as tough economic conditions take their toll on the wealthy.

Mexican business website Sentidocomun said the telecoms tycoon was worth about US$62 billion, at the end of September, down from US$78 in June, the Financial Times reported.

September 8, 2011

Demand for property, soft drinks and the internet in China is generating huge wealth for some of the country’s citizens, according to two new rich lists, but there are also rising concerns about the future of the country’s private or family businesses.

Demand for property, soft drinks and the internet in China is generating huge wealth for some of the country’s citizens, according to two new rich lists, but there are also rising concerns about the future of the country’s private or family businesses.

September 7, 2011

Many of South Africa’s wealthy entrepreneurs are likely to pass their businesses on to family members or retain some family control of the enterprises, according to a leading academic. 

Many of South Africa’s wealthy entrepreneurs are likely to pass their businesses on to family members or retain some family control of the enterprises, according to a leading academic.

Dr Margaret Cullen, co-director of the Nelson Mandela Metropolitan University’s Family Business Unit, said there is a strong history of family businesses in the country and this is likely to continue.

March 10, 2011

More than 40% of the names on the annual Forbes’ billionaire list are family business principals, or linked to family business fortunes, and out of the top 10 richest people in the world, seven are linked to family businesses.

More than 40% of the names on the annual Forbes’ billionaire list are family business principals, or linked to family business fortunes, and out of the top 10 richest people in the world, seven are linked to family businesses.
 

Click here >>
Close