Known simply as Sir Y.K., Pao Yue-kong was richer and more politically engaged than almost any businessmen in his time. Acclaimed as “the king of the sea” and the “Onassis of the East,” he helped…
There remains a high level of uncertainly about how the Affordable Care Act will ultimately affect family-owned companies across the country. In particular, small family business owners are waiting to see where the “chips will…
A recent New York Times story reported that Hong Kong billionaire Li Ka-shing recently announced succession plans for his business empire, which is reported to be one of the largest in Asia. By doing so…
Gina Rinehart, heiress of a mining fortune and reportedly one of the richest women in the world, has fallen into a bitter legal battle with her children. John Hancock and Bianca Rinehart claim their mother…