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Fortunes are made in recessions, so the saying goes. But they are cemented at the start of a recovery.

Fortunes are made in recessions, so the saying goes. But they are cemented at the start of a recovery. 

Lapo Elkann, a next-gen of the Agnelli family, has said he is considering opening a foundation for victims of sexual abuse, having revealed to Italian media he was himself abused as a teenager at boarding school.

Lapo Elkann, a next-gen of the Agnelli family, has said he is considering opening a foundation for victims of sexual abuse, having revealed to Italian media he was himself abused as a teenager at boarding school.

So, farewell then, Nokia. Well, not quite. But the absorption of the Finnish mobile phone giant by Microsoft was a big moment in the story of its decline. It is probably a matter of time before the name is history.

So, farewell then, Nokia. Well, not quite. But the absorption of the Finnish mobile phone giant by Microsoft was a big moment in the story of its decline. It is probably a matter of time before the name is history. 

What is it with family offices these days? They appear to be everywhere. But are they really family offices or just private banks in family offices' clothing? The new vogue for the title "family office" could be undermining the credibility of the model.

What is it with family offices these days? They appear to be everywhere. But are they really family offices or just private banks in family offices' clothing? The new vogue for the title "family office" could be undermining the credibility of the model. 

The Mittelstand is the envy of the world. Other family businesses could profit from looking closely at the way things are done there.

The Mittelstand is the envy of the world. Other family businesses could profit from looking closely at the way things are done there. 

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