Efforts to add heft through acquisitions left Prada saddled with debt. Now the family seeks a different outcome from the biggest acquisition in its history: Versace.

The Brenninkmeijers have epitomized Europe’s reclusive old-money elite for more than a century. Then came the growing realization that one of the world’s biggest dynastic fortunes needed a radical rethink.

That HBO's hit show chose the island of Koh Samui to has Thailand bracing for a tourism boom.

Family offices are grappling with increasing legal, tax and emotional costs of such intergenerational transitions during pending U.S. tax changes, high-profile legal battles within prominent families, and the changing expectations and demands of next-gen heirs.

Over half of family offices have built up portfolio exposure to generative AI technologies, with an additional 26% considering it. But only 15% of family offices surveyed by Citi were using AI for operational purposes.

President Trump’s proposal to create a “gold card” visa that allows immigrants to pay $5 million for U.S. citizenship raised plenty of eyebrows and got the attention of high-net-worth investors around the world.