How family businesses boom (and bomb)
The JSE has had its fair share of family owners: Ruperts, Ackermans, Motsepes and Moutons. Not all have happy endings; we round up those that might
02 November 2023 - 05:00
The fortunes of the family-owned business can be fickle, fascinating, frustrating — and sometimes even fulfilling.
Globally there are standout family-owned firms — Walmart, BMW, Tata and Samsung — and the JSE has, since its early days, played host to great dynasties. The big mining houses were built by such families as the Oppenheimers, Hersovs, Menells and, more recently, the Motsepes. ..
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