The French clan’s Etablissements Peugeot Freres, which oversees a fortune centered on the eponymous carmaker, named Nicolas Huet CEO to replace Thierry Mabille de Poncheville, who has held the job for 18 years. A lawyer by training, Huet will start Oct. 9, the firm said in a statement. 

​Innovation is at the forefront of the winemaking process for the family.

The survey, which involved 230 family office clients from 30 countries, showed that only 42% of them had a strategy for wealth succession.

Early bets on Brazil’s agricultural promise have made a third-generation family of German immigrants ultra-wealthy as land values surge and technology drives ever greater gains on crop yields.

Over the course of three generations, the secretive Besnier family has grown what began as an artisanal cheesemaking operation in northwestern France into Groupe Lactalis, one of the largest global food companies.