According to Julius Baer's new Family Barometer 2025, produced in collaboration with PwC Switzerland, family offices - once seen as quiet administrative centers - have become command hubs for navigating a world of geopolitical tension, digital risk, and generational transition. Family offices are essentially private companies that manage all aspects of a wealthy family's finances - from investments and real estate to philanthropy, taxes, and even education - allowing them to control their money like a business.
Lynn Forester de Rothschild is preparing to sell her 20 per cent interest in The Economist, paving the way for the most significant change in the 182-year-old publication's ownership since 2015. The British-American financier, 71, has appointed investment bank Lazard to oversee the process, which remains at an early stage. The stake, made up of voting shares, could fetch as much as £400 million based on current valuations of the premium media group.