Creating a dynasty

Creating a dynasty

The opportunity: One of Asia’s wealthiest tycoons was looking to secure his legacy and create a dynasty, but faced extremely complex succession and family governance issues, with different branches of the family involved in different parts of a business empire that spanned the globe.

Our solution: Working with the client and his advisers (and, in due course, his children), we developed a solution that resolved each of the many succession and governance issues. For example, we were able to establish who would manage the family business after the lifetime of the client, how the competing interests of the different children would be balanced over time, how the various legal, tax and asset transfer issues would be dealt with, and how the client’s charitable and philanthropic intentions would be realised.

Outcomes: Our solution integrated both the holding structure and governance processes, so securing the client’s legacy and laying the foundations for an enduring family dynasty.