Family Office

NEWS

The Emergence of Single-Family Offices in Central and Eastern Europe

As private wealth continues to rise across Central and Eastern Europe (CEE), affluent families are turning to more sophisticated structures to manage their fortunes. One model increasingly gaining traction is the Single Family Office (SFO)—a private entity created to oversee the financial, personal, and legacy-related affairs of a single wealthy family.

Jan 27
Singapore’s Family Office Boom: Thriving Amid Tougher Rules

Despite stricter anti-money-laundering regulations and high operational costs, Singapore continues to attract a growing number of single-family offices. In 2024, the city-state saw a 21% increase, bringing the total to 2,000 such entities, according to the Monetary Authority of Singapore. Richard Lewis of Schroders Wealth Management attributes this growth to Asia’s rising population of ultra-high-net-worth […]

Jan 24
From Crypto CEO to Family Office: CZ’s Next Big Move

Changpeng Zhao, known as “CZ,” has transitioned the venture capital arm of Binance Holdings into a family office after his release from prison. CZ, whose wealth has soared to $70 billion due to the crypto rally, has renamed the former Binance Labs to YZi Labs, according to a statement on January 23. The newly rebranded […]

Jan 22
Can the Family Office Community Afford to Trust Anthony Ritossa Again?

Anthony Ritossa, long associated with controversy in the family office sector, is quietly attempting a return. After years of legal troubles, fraud allegations, and public scrutiny, Ritossa is organizing high-profile events under the “Global Family Office Investment Summit” brand in Dubai and Miami. Though his name no longer appears on official materials, credible sources confirm […]

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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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