Succession planning

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Four-in-five Australians want to leave their family members an inheritance.

How ‘living inheritances’ are changing the lives of adult ‘kids’

Almost 20 per cent of Australians have inherited some form of wealth from a family member.

  • Nicole Pedersen-McKinnon

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LVMH chief Bernard Arnault, with wife Helene, has been working to make sure his company will stay firmly in his family’s hands.

‘Wolf in cashmere’: Billionaire’s luxury empire is facing a crisis

Bernard Arnault’s company owns some of the world’s best known luxury brands, and it made him, at one time, the richest person in the world. Now he is under increasing pressure.

  • The Economist
Ananya Birla,31, has her own interests that are independent of the sprawling commodities behemoth led by her father.

The Gen Z billionaires who are bored with business

Some of India’s most successful tycoons have a problem. Their children don’t want to take over.

  • Andy Mukherjee
James Packer

How James Packer plans to avoid passing the succession poison chalice to his kids

The fifth generation of Packers – James’ three children – will ultimately inherit riches rather than power.

  • Elizabeth Knight
Rio’s new boss, Simon Trott.

Corporate fairytale: How a boy from the bush rose to run world’s third-largest mining giant

Apart from his other qualities Rio Tinto’s new boss, Simon Trott, ticked a vitally important career box – he is a Juukan Gorge-scandal cleanskin.

  • Elizabeth Knight
Simon Trott, flanked by Jakob Staustholm, at Rio Tinto’s Western Range mine in June.

Australian mining giant backs hometown hero for top job

WA-born Simon Trott’s promotion to Rio Tinto chief executive has won plaudits across the board, billionaire iron ore magnate Gina Rinehart urging the new boss to transfer its headquarters from London to Australia.

  • Simon Johanson
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Pavel Durov is the founder of Telegram and was arrested by French authorities as part of an investigation into criminal activity on the messaging app.

Billionaire to leave fortune to 100 children he’s fathered

Pavel Durov has just written his will – and won’t let his children touch his fortune for 30 years.

  • Matthew Field
Geraldine Slattery and Vandita Pant.

The two women in the race to run an Australian icon

Key lieutenants are already jostling for position to succeed BHP boss Mike Henry at the top of the world’s biggest miner.

  • Paul-Alain Hunt, Thomas Biesheuvel and Archie Hunter
Murdoch’s children began discussing the PR strategy for their father’s death after watching the season three episode of Succession in which the Logan Roy (Brian Cox) the patriarch of the family dies.

The Succession Memo: How Logan Roy’s death derailed Rupert Murdoch

The hit HBO show was said to be based on the dysfunctional Murdoch family, but in a case of life imitating art, the Murdochs began taking cues from their onscreen counterparts.

  • Thomas Mitchell
Rupert Murdoch appears to be aiming for the next best thing to immortality: the right to rule from the grave.

Rupert Murdoch’s attempt to rule from the grave is stranger than fiction

Through the decades, the media billionaire has been no stranger to taking risks – but this latest roll of the succession dice is next level.

  • Elizabeth Knight