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Space Tourism: Financier and Entrepreneur Wimmer Could Reach Final Frontier Soon

Space Tourism: Financier and Entrepreneur Wimmer Could Reach Final Frontier Soon

A journey of a lifetime may be worth waiting decades for. Danish philanthropist, entrepreneur and financier Per Wimmer has already waited 15 years. This year, it seems like his long-awaited flight might finally take off. His destination is so exclusive that only 536 people have ever reached it.

5 Niche Insurance Policies Relevant to Family Offices

5 Niche Insurance Policies Relevant to Family Offices

The core objective of a family office is to serve the unique needs of a family and wealth management and asset protection strategies can be highly customized.

Can Regulations Bolster Cybersecurity for Family Offices?

Can Regulations Bolster Cybersecurity for Family Offices?

While most family offices can invest in better cybersecurity tools and training for staff, perhaps the war against cybercriminals won’t be won until the government steps in. Governments and businesses of all sizes may soon have to face the fact that cybercrime is turning into a macroeconomic hazard. According to research published by Cybersecurity Ventures, nearly 90% of all companies across the world will potentially fall victim to cybercrime over the next few years. The aggregate costs of these attacks could be as high as $6 trillion by 2021.

Good Governance: A Primer for Family Offices

Good Governance: A Primer for Family Offices

Reconciling multiple generations and branches of a family’s values and differing perspectives while managing and preserving wealth is among the greatest challenges family offices face. Good governance is a critical part of any family office to help overcome these challenges.

Buying a Private Island: Investment or Luxury?

Buying a Private Island: Investment or Luxury?

At age 28, just six years after starting his business, a young Sir Richard Branson decided to buy himself the ultimate luxury - a private island in the Caribbean. Part of the British Virgin Islands (BVI), the 74-acre island was purchased in 1978 for an astonishingly low $180,000. However, Sir Branson soon realized that purchasing the island was only the first step in a very long and resource-intensive journey.

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