The collective fortunes of China’s richest people grew by a staggering 65%, or US$177 billion (RM706.15 billion) last year, according to the Bloomberg Billionaires Index, a ranking of the world’s 500 richest people.
“There’s a benefit to being closer to the assets, to being the general partner and investor in an opportunity,” Nolte said. “That’s why Marcus Investments was created.”
A wave of young and entrepreneurial professionals are turning the country’s capital, Mexico City, into Latin America’s Silicon Valley.
Rubenstein hired a former money manager at MSD Partners, Brian Frank, to run Declaration Partners, Bloomberg writes.
Family Offices are setup with the primary objective of preserving the family fortunes and for other non-financial purposes like philanthropy, tax advising, or anything else that the family may need
In our increasingly digital world, we recognise the need to refresh, update and modernise the way we face the market to ensure that we are better placed to attract the best and brightest talent to join our team.
Headquartered in London, the firm provides financial services to family offices, entrepreneurs, privately-held businesses and mid-to-large size corporates.