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Family-owned business

The latest news, analysis and opinion on Family-owned business. In-depth analysis, industry insights and expert opinion.

Huang Zheng, or Colin Huang, of e-commerce behemoth Pinduoduo, was among influential tech founders who stepped down last year. Photo: Reuters

China economy

Editorial | Exits at the top good for China’s corporate health

As many of the country’s tech founders hand over the reins, it’s worth remembering that once start-ups grow to a certain size they need professional managers to take over.

21 Apr 2022 - 1:52AMvideocam

Chinese overseas

Oakland Chinatown slowly recovering from Covid-19 closures, anti-Asian attacks

17 Mar 2022 - 2:46AMvideocam

Environment

How can Asean SMEs cut back on their massive carbon emissions?

4 Mar 2022 - 1:00PM

Fame and celebrity

Review | Logan Roy could learn a lesson from Sassoon business empire’s downfall

Joseph Sassoon charts the rise and fall of his family’s business empire, from its roots in Baghdad to China – and to posh London drawing rooms where, the academic argues, the seeds of its doom were sown.

12 Feb 2022 - 7:15PM

David Sassoon (seated) and his sons. Sassoon moved his family to India from Baghdad in 1832, from where the family business empire spread to Shanghai and Hong Kong. Photo: Pictures From History/Universal Images Group via Getty Images

History

‘We’ll shed a few tears’: the last days of Hong Kong’s Fleet Arcade

Another chapter in Hong Kong’s history will end when the Fleet Arcade at Fenwick Pier in Wan Chai closes on February 11. Business owners and a former US navy officer share fond memories of its glory days.

24 Jan 2022 - 1:57PMvideocam

Mukesh Ambani and family

Will Isha, Akash and Anant take over the Ambani family empire in 2022?

Ambani heirs Isha, Akash and Anant could be poised to take on more senior roles as their father recently announced ‘momentous leadership transition’ at the multibillion-dollar family business

11 Jan 2022 - 1:33PM

Northern Metropolis

Lau Fau Shan oyster farmers sceptical about plans to transform Hong Kong village

Lack of details in development blueprint has residents asking if this might be ‘all talk, no action’

2 Jan 2022 - 9:00AMvideocam

Oyster farm owner Chan To-ngan (right) and son Edwin Chan at her farm in Lau Fau Shan. Photo: Xiaomei Chen

Millionaires and billionaires

The world’s 6 richest families making – and spending – billions

From India’s Ambanis, America’s Mars candy dynasty and the Saudi royals’ oilfields, these dynasties of billionaires have become expert in keeping it in the family

4 Oct 2021 - 8:00AM

Mukesh Ambani and family

What do Isha, Akash and Anant Ambani actually do at India’s Reliance Industries?

Founder Dhirubhai inadvertently kicked off a feud between brothers Mukesh and Anil when he didn’t leave a will before he died … so how are Mukesh’s kids getting involved in the billion-dollar business?

2 Sep 2021 - 8:00AM

Fame and celebrity

Skipping Bollywood for the family business: meet Navya Naveli Nanda

Nanda might have been born into the Bachchan film dynasty, but would rather focus on gender equality and running an engineering business instead

19 Aug 2021 - 8:00AM

Navya Naveli Nanda was born into a Bollywood dynasty but is set on taking over the family engineering business and working on female empowerment. Photo: @navyananda/Instagram

Crazy Rich Asians

Billion-dollar bust-up: the Singhania saga simmers on

India’s Raymond Group is at the centre of a family rift between father and son, Vijaypat and Gautam, with control of the empire and access to the family’s luxury Mumbai mansion at stake …

5 Aug 2021 - 8:00AM

Gautam and Vijaypat Singhania, the son and father involved in an ongoing battle for control of Raymond Group and access to the family mansion in Mumbai. Photos: @gautamsinghania99/Instagram, @DrManishaRajput/Twitter

Fashion

Why is the historic Ermenegildo Zegna going public after 111 years?

The Italian fashion label will list shares on the New York Stock Exchange – but current shareholders will still retain control of the 111-year-old company, unlike in other recent luxury brand deals

21 Jul 2021 - 12:41PM

Fashion

Italian maison Etro joins LVMH’s empire

After the Tiffany & Co. acquisition, LVMH-backed private equity firm L Catterton has just bought majority stake in Italian maison Etro

19 Jul 2021 - 1:45PM

India

How India’s family-run business empires battle over their billions

The country ranks third globally for family-owned businesses, and is no stranger to rancorous legal battles between siblings.

11 Apr 2021 - 3:00PM

Mukesh Ambani, chairman and managing director of Reliance Industries, pictured in 2017. Photo: Reuters

Hong Kong celebrities and icons

5 Hong Kong divas who prove wealth means more than bling and Birkins

Roping in the likes of Louis Koo to raise awareness of your cause, or leveraging your board seat or birthday to persuade people to donate to charity is all in a day’s work for these influential Hong Kong divas

8 Mar 2021 - 8:00AM

Three Hong Kong women making a difference: Emily Lam-ho, Pansy Ho and Kimbee Chan. Photos: @emilylam.ho/Instagram; SCMP; @kimbeechan_official/Instagram