Family Office

NEWS

Where Billionaire Family Offices Placed Their AI Bets in November

Family office investment activity remained subdued in November despite the typical year-end uptick seen on Wall Street.

Oct 30
U.K’s Richest Person James Dyson of Dyson Holdings Transfers $1.8 Billion to Family Office

Dyson Holdings, James Dyson's technology firm has moved 1.3 billion pounds ($1.8 billion) over the last year, which has shifted his fortune away from his firm.

Oct 28
Edmond de Rothschild Acquires 42.5% stake in UK Family Office Hottinger Group

Edmond de Rothschild, an asset management group and investment banking house has purchased a 42.5$ stake in the Hottinger Group, a UK-based family office for an undisclosed sum.

Oct 21
Revolut Founder Nik Storonsky Launches Family Office

Nik Storonsky, the founder of Revolut is using his flourishing fortune of $7 billion into a British family office.

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It wasn’t until the 1980s that family offices started to multiply, first in the US, then elsewhere. It was around that time that the wealth held by families began to grow at a significantly faster rate.

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