Yesterday
Lindsay Fox debuts new branch of family tree at Australian Open
The trucking magnate, closely flanked by his grandson and newest employee, rubbed shoulders with corporates and bankers at the men’s championship.
- Hannah Wootton
This Month
As wealth whisperers help the rich, one rebel gave it all away
A service industry has sprung up to help wealthy families preserve their fortune through the generations, but Austrian heiress Marlene Engelhorn had other ideas.
- Sophie Ilmhirst
Jamie Dimon’s top lieutenant departs JPMorgan
The executive shuffle is the latest twist in the long-running question of who will succeed the longest-serving CEO of any major US bank.
- Hannah Levitt
December 2024
- Updated
- Murdoch family case
Logan Roy’s death morphed into a real life Murdoch succession drama
Shortly after the fictional patriarch died on television, the family behind the News and Fox empires began to plot life after their patriarch, Rupert.
- Sam Buckingham-Jones
- Updated
- Executive shake-up
ANZ investors see new chief executive Nuno Matos as a clean slate
The bank appointed the former HSBC wealth boss to succeed Shayne Elliott over internal candidates. The Portuguese banker, 57, will take up the job next year.
- Updated
- Lucas Baird and James Eyers
- Opinion
- Chanticleer
ANZ’s left-field CEO pick piles risk upon risk
A new chief executive with no Australian experience will spend years finishing Shayne Elliott’s signature projects. It’s a perilous sandwich for investors.
- James Thomson
September 2024
Why the Pratts are fighting over the family fortune
This week on The Fin podcast, BOSS deputy editor Patrick Durkin and senior reporter Max Mason discuss the legal fight over the Pratt packaging fortune.
Activist pushes for end of Murdoch voting control at News Corp
Rupert Murdoch’s transition of power to his children has allowed for “complicated family dynamics” to potentially impact News Corp, activist investor Starboard said.
- Updated
- Svea Herbst-Bayliss
August 2024
Pinnacle funds under management hits record $110b
The multi-affiliate investment manager recorded a 20 per cent jump in assets in 2023-24, with international clients accounting for the bulk of net inflows.
- Joanne Tran
May 2024
Inside the great Rich List wealth transfer
Control of vast business empires is passing to a new generation, forcing families to confront the hard questions around succession planning. Of the 200 richest Australians, 45 are over 80 and control $136.1 billion.
- Yolanda Redrup
Jamie Dimon signals his retirement timeline
The chief executive officer of JPMorgan Chase & Co said succession plans at the largest US bank were “well on the way”.
- Updated
- Hannah Levitt
March 2024
Amcor CEO exits after nine years citing ‘health reasons’
A gruelling 24-7 role overseeing 210 packaging plants in 43 countries has taken its toll on Ron Delia, who has run the business since 2015.
- Simon Evans
February 2024
- Opinion
- Chanticleer
New NAB boss must adopt Ross McEwan’s ‘superpower’
Andrew Irvine’s impressive performance growing NAB’s business bank won him the top job. Now he needs to borrow from the playbook of retiring CEO, Ross McEwan.
- Updated
- James Thomson
Vineyards on the market as succession plans wither
More listings are hitting the market as adult children leave the sector and business conditions get tougher.
- Campbell Kwan
December 2023
BHP executive shake-up prepares for Henry’s second half
BHP chief Mike Henry has reshuffled his executive ranks as he prepares for his fifth year in the top job.
- Peter Ker
November 2023
NSW racing plan threatens to split Coalition party room
A growing number in the crossbench and the Coalition are hardening on the bill to extend the Racing NSW chairman Russell Balding’s term
- Samantha Hutchinson
How to make sure your kids don’t ruin the family business
Alessandro and Soibhone Nascimento bought their first franchise five years ago. Now their daughters are gearing up for the next phase.
- Louis White
October 2023
You’re rich, but are you family office rich?
Financial advisers are anticipating the transfer of an estimated $3.5 trillion between generations by 2030 to spur more interest in family offices.
- Primrose Riordan
September 2023
How the world’s second-richest person is avoiding a ‘Succession’ fight
Bernard Arnault raised his five children to run his businesses. Now, he’s educating his grandchildren to do the same.
- Liz Alderman and Vanessa Friedman
- Updated
- Media & marketing
Rupert Murdoch steps down from News Corp and Fox, Lachlan ascends
The 92-year-old global media baron insisted he was in “robust health” as he stepped down after a 70-year career, ending years of speculation over his succession.
- Updated
- Mark Di Stefano