CampdenFB ran an interesting profile of two cousins who are in the gradual process of taking over their family business in Germany. According to the article, these men “could easily be Europe’s poster boys of next-generation family business success.”
Curbed profiled some very high-end residences in England.
Other Wealth Indicators
You can now buy gold and diamonds from an ATM in Mumbai.
The personal submarine market is small but growing. The Times of India ran an article about the handful of manufacturers now in operation around the world and prices they are charging (USD$250,000 to USD$2.56 million, for instance).
Rich List News
According to Forbes India, the collective net worth of India’s wealthiest 100 individualshas fallen 20% since 2010.
On Saturday, Toronto’s Globe & Mail launched an excellent selection of videos, articles, and interactive infographics about philanthropy in Canada and around the world. These materials are now available on the Giving section of the Globe & Mail website. Yesterday, the Giving section included a long article about Shenzhen‘s special role promoting NGOs and philanthropy in China.
The woman who raised “the largest donation from a mainland Chinese individual to any international institution” won the 2011 Global Fundraiser Award at the recently-held International Fundraising Congress. You can read more about Melissa Smith, who secured a AU$25 million gift for the University of Sydney from Dr. Chau Chak Wing, on the Pro Bono Australia website.
Finally, my short list of international news go-to sites appeared in last week’s FreePint newsletter.