Mmastodon BusinessBusiness first seen 10 h ago, last 10 h ago, peak #5
Restaurant Supply Tycoon, 94, Building Major Family Office
Original: The 94-Year-Old Restaurant Supply Tycoon Building One of the Biggest Family Offices https://www.wsj.com/finance/investin
The Wall Street Journal reports that a 94-year-old restaurant supply tycoon is building one of the biggest family offices, the private investment vehicles wealthy families use to manage their fortunes. The story highlights how family offices have grown into major forces in investing, and how an elderly founder is still expanding his financial operation at scale.
Why now: Interest in the fast-growing influence of family offices in financial markets, plus curiosity about a nonagenarian still running a major investment venture
Evidence
- The 94-Year-Old Restaurant Supply Tycoon Building One of the Biggest Family Offices https://www.wsj.com/finance/investing/the-94-year-old-restaurant-supply-tycoon-building-one-of-the-biggest-family-offices-670d66a9?mod=rss_markets_main # Finance # Business # Investing · wsj_markets@robot.villas · 3
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