Keyword "family office" - List of latest news (27 results)

16/04 Elon Musk offered mother of his 13th child millions to keep quiet, report

Elon Musk’s vision of a future teetering on the brink of collapse has long fuelled his personal crusade to populate the planet with “high intelligence” offspring, it has been reported.

07/04 Musk says he hopes for ‘zero tariffs’

Trump adviser and billionaire Elon Musk said he hopes the US and Europe can move towards a “zero-tariff situation” as stock markets continue to be rocked by the President’s heavy trade tariffs.

12/03 Luhut immediately built a conglomerate tax paradise in Bali, involving Ray Dalio

Luhut Binsar Pandjaitan conveyed that Ray Dalio was interested in working on projects in Indonesia including the formation of Family Office.

21/02 The family-office gold rush is spurring a conference craze — with one notable comeback

There are 244 family-office conferences set for this year alone, per Dakota Marketplace. Amid the gold rush, one event organizer has seemingly made a comeback.

07/02 Singapore's 10-fold rise in family offices is driving a philanthropic boom

Singapore has more than 2,000 single-family offices — up from 200 in 2019. Many are channeling their overseas charitable efforts through the city-state.

31/01 Billionaire family offices kick off 2025 with investments in AI, health care

From Bernard Arnault to Laurene Powell Jobs, the ultra-rich kicked off the new year with big startup bets. Here are the deals you should know about.

22/01 Family offices are paying executive assistants up to $190,000 a year as demand for talent spikes

The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff.

15/01 Luhut Proposes the Establishment of a Family Office Starting in February 2025

Luhut Binsar Pandjaitan plans to speak with President Prabowo Subianto regarding plans to establish a Family Office.

16/12 Family offices face hidden risks in making direct investments

Family offices, the in-house investment and service firms of high-net-worth families, have increasingly been making direct investments in private companies.

04/12 ‘$100 million’: Zip founder cashes in

Larry Diamond, co-founder of the Australian buy now, pay later company Zip Co, yesterday sold $100m of his shares in the company, following his resignation as director and US Chairman.

15/11 The top 10 family offices for startup investments

CNBC partnered with Fintrx to analyze single family offices that made the largest number of investments in private startups in 2024.

12/11 Family offices becoming 'economic powerhouse' in private company deals

Family offices are increasingly bypassing private equity funds and buying stakes in private companies directly, according to a new survey.

21/10 The next big career track at business schools: Family offices

Top universities are launching a number of programs and courses aimed at training the next generation of family office leaders.

07/10 Banned TikTok influencer Liv Schmidt’s ‘harmful’ brag slammed

Content creator Liv Schmidt is facing a new round of backlash – this time over a “harmful” money-saving hack that involves buying children’s clothing.

30/09 Laurene Powell Jobs is betting on these 11 AI startups

Emerson Collective has participated in AI funding rounds totaling more than $1 billion, according to data provided exclusively to CNBC by Fintrx.

20/09 Family offices are the most bullish they've been in years, survey says

Nearly half of family offices are expecting double-digit returns this year, according to Citi Private Bank's 2024 Global Family Office Survey.

05/09 Family offices are about to surpass hedge funds, with $5.4 trillion in assets by 2030

The number of single-family offices is expected to rise from 8,000 to 10,720 by 2030, according to Deloitte Private.

19/08 LVMH CEO Bernard Arnault's family office goes shopping for AI startups

Bernard Arnault, founder and CEO of LVMH, has made a string of artificial intelligence investments this year through his family office, called Aglaé Ventures.

11/07 Increase in VAT for the People, Tax Free for Conglomerates

The public is preparing to face an increase in VAT to 12% next year. On the one hand, the government is preparing a 'tax free' policy for conglomerates.

05/07 "Family Office" Investors Will Be Tax Free, VAT Minister: I feel sorry for the Minister of Finance...

The VAT Minister does not oppose the government's efforts to attract investors. However, this does not always need to be done by providing tax exemptions.

02/07 Revealing How the "Family Office" Works, Luhut: The World's Super Rich Save Money in Indonesia, Tax Free...

Family Office is an effort to attract wealth from other countries for national economic growth.

01/07 Government Aims at 500 Billion US Dollars in Family Office Management Funds in Indonesia

The government targets being able to attract 500 billion US dollars in managed funds if a family office is officially established in Indonesia.

01/07 Jokowi Assigns Luhut to Form Family Office Review Team

Family office is a company tasked with handling investment management and wealth management for super rich people

23/05 How family offices are planning to invest now and in the next 5 years, according to UBS

Here's how family offices are investing this year and how they plan to change their allocations in the next five years, according to UBS' Global Family Office Report 2024.

18/10 Cannabis entrepreneur rolls his fortune into real estate and sports deals

Big Plan Holdings' Josh Joseph is creating a new family office and home-grown business empire focused on real estate, sports, entertainment and music.

01/06 Where rich families are putting their cash

The world’s richest families are starting to move their assets out of America following a “perceived peak in the US dollar”, as concerns over geopolitical instability, inflation and economic uncertainty spark the “biggest shifts in asset allocation for several years”.

26/02 Huge US chain to launch in Australia

US fast food giant Wendy’s has announced it plans to roll out “hundreds” of stores in Australia in the not-too-distant future.