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This $3 Billion Real Estate Dynasty Runs Their Family Office Like a Corporation

The Swig family of San Francisco owns more than $3 billion worth of real estate.
Ten years ago, Kent Swig modernized the 80-year-old family office to resemble a corporation.
Swig told Insider why corporate governance is the key to the family fortune s longevity.
Passing money on is the simplest thing to do in the world: All you have to do is die, New York real-estate developer Kent Swig told Insider. The hard part is passing money on from one generation to the next and having the company succeed.
Swig, 60, is the grandson of the real-estate scion Benjamin Swig, who started building his property empire in 1936. After his father, Melvin, died in 1995, Swig, his three siblings, and cousins, who grew up together in San Francisco, ran the board of the Swig Company. Ten years ago, Swig realized that the setup was sustainable as the next generation, spanning from 18 to 48 years old, grew larger. ....

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Philanthropy Pie Boosted Mainly by Individual, Family Contributions in FY'20: Report

Philanthropy Pie Boosted Mainly by Individual, Family Contributions in FY 20: Report
While increasing marginally, the share of philanthropic contribution by domestic companies and foreign sources decreased in the overall pie in FY 20 in comparison to FY 19.
Representative image. Photo: Perry Grone/Unsplash, (CC BY-SA)
Business16/Mar/2021
New Delhi: The share of philanthropic contribution by domestic companies declined from 29% in FY’19 to 28% in FY’20 in the overall pie, according to the 11th edition of the India Philanthropy Report 2021.
The share of foreign funding, which has seen an increased scrutiny by the central government, has also declined from 31% in FY’19 to 25% in FY’20. ....

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Billionaire pandemic profits could fund 2/3 of Biden's relief plan: data

Biden has signed his $1.9 trillion stimulus plan into law. Two-thirds of this could be funded by billionaires' pandemic profits, the ATF and IPS said. ....

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Warren Buffett's net worth crosses more than $100 billion: Forbes

This is first time that entrepreneur s net worth crossed the $100 billion threshold. ....

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Women's Day 2021: Top 10 Richest Women of Technology Making Billions in the Industry

9 March 2021, 1:59 am EST By
There is a pattern for the richest people in the technology business:
they are all men. However, that does not mean that women entrepreneurs of technology do not exist. There are a lot of women who make billions from the technology industry. Here are the top 10 of the most notable ladies.
International Women s day: Richest Women in Tech
Here are the richest women in the tech industry, according to Forbes Real-time Billionaires list.
1. MacKenzie Scott $52.1B, Amazon
(Photo : Photo by Jerod Harris/Getty Images)
WEST HOLLYWOOD, CA - FEBRUARY 26: (L-R) CEO of Amazon Jeff Bezos and writer MacKenzie Bezos attend the Amazon Studios Oscar Celebration at Delilah on February 26, 2017 in West Hollywood, California. ....

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