Topic
family business
11 stories related to this topic, newest first.
koreatimes.co.krbusiness7 days ago
Shinsegae Chairman’s Stake Rises to $1.3 Billion as Shares Gain 220 % in Broad Market Rally
Chung Yoo-kyung's stake in the South Korean department store operator gained value amid a Kospi rally. First-quarter revenue and profit also increased sharply.
nationalpost.comworld9 days ago
Crystal Hot Sauce Maker Reports $50 Million in Sales After Covering Multi-Year Shortfall with Owner Funds
Baumer Foods, the producer of Crystal Hot Sauce, reached $50 million in yearly revenue, up 5 percent from the prior year. The 103-year-old company remains under sole ownership of Alvin 'Pepper' Baumer, who became CEO in 2019.
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New York Postbusiness13 days ago
Del Vecchio Heir Seeks Larger Stake in Family Holding Company Ahead of June 30 Meeting
Leonardo Maria Del Vecchio issued an open letter accusing Delfin of governance failures over his proposed buyout of siblings' stakes. The dispute involves control of a Luxembourg holding company that owns 32.4 percent of EssilorLuxottica.
uctoday.comworld14 days ago
Perdue Farms Grows Tenfold Under Third-Generation Leadership
Jim Perdue expanded the family poultry company from roughly $1 billion to $9.2 billion in annual revenue after taking over in 1991. The firm became the largest U.S. organic chicken producer and organic grain purchaser while remaining 100 percent family owned.
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theconversation.compolitics30 days ago
Thailand Debates Sexual Abuse After Prominent Family Member’s Accusation Against Brother
A member of a Thai family business empire accused his brother of childhood sexual abuse. Other public figures have since shared their experiences and called for an end to victim-blaming.
technology38 days ago
Ballerina Farm Features 9-Year-Old Daughter in Electrolyte Powder Ad
Hannah and Daniel Neeleman's Ballerina Farm posted a promotional video on May 26 showing their eldest daughter, Frances, in an ad for the company's electrolyte powder. The clip marks the first time one of the family's nine children has appeared alone in a brand promotion.
Benzingafinance40 days ago
Utah Woman Describes Decades-Long Farm Ownership Dispute on The Ramsey Show
A Utah caller told hosts of The Ramsey Show that she and her husband paid for half a house but do not hold title. The in-laws own the other half and have not approved remodeling plans.
Forbesfinance53 days ago
Quikrete Joins Forbes List of Largest U.S. Family Businesses at No. 43 Following Summit Materials Acquisition
The Winchester family’s concrete company, now valued as the 17th most valuable privately-held family business in America, reached an estimated $12 billion in revenue after acquiring Summit Materials in February 2025. Forbes estimates the family’s net worth at $18 billion from the…
koreatimes.co.krfinance68 days ago
Lee Family Wealth Rises to $45.5 Billion Amid AI Chip Market Growth
The Lee family's wealth increased to approximately $45.5 billion due to higher valuation of Samsung Electronics from the AI chip sector expansion. Jay Y. Lee regained the position as South Korea's richest individual with $26.9 billion. The family is preparing to finalize a signif…
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valuewalk.comworld73 days ago
Bernard Arnault Involves Five Children in LVMH Shareholders' Meeting
Bernard Arnault, CEO of LVMH, handed the microphone to each of his five children during the company's annual general meeting in Paris on April 23, 2026. The event followed a recent investigation into succession at the luxury group. Arnault later stated that his children are highl…
Substrate placeholder — needs reviewfinance84 days ago
Entrepreneur Shares Lessons from Family Background in Building Billion-Dollar Business
An entrepreneur who grew up in Switzerland in a family of business owners describes their early influences. The individual built a $1 billion business after adjusting certain learned approaches. The article outlines key unlearned habits from their entrepreneurial upbringing.