Family Dynasties

Rothschilds • Morgans • Fords • Toyoda • Agnellis • Rockefellers • Guggenheims Dynastic family businesses have everything: extraordinary success, bizarre eccentricity, bitter rivalry – as well as pots of money and power. Yet almost no one has looked closely enough to see what it is that really makes them tick. In Dynasties, award-winning author David Landes casts his eye over some of the most powerful family businesses in Europe, Japan and America. On the way, he provides thrilling histories of the characters who have made their mark on the world and passed on a legacy – sometimes benign and sometimes not – to their descendants.

This book deals with dynastic business families. Such families are characterized by a circle of owners comprising more than 50 family members, which typically face specific issues and challenges for which there has been little research knowledge and practical approaches until now. The book presents results and findings from a special research project on “big family management” where 7 representatives of dynastic families from Germany were studied over a 3-year period. The result was the identification of six topic areas that management in these business families has to deal with. At the same time, the study observes that dynastic business families hardly follow the logic of classic families anymore, but can rather be understood as networks with common family backgrounds. The study also reveals that a large number of business families are heading for large shareholder groups due to changed inheritance practices. The contents outlined here provide an orientation framework for the growing business family.

A remarkable fifteen Nordic family businesses are among the 500 biggest companies in the world and the Nordic countries have more dynasties than most others per capita and in GDP terms. The willingness, often reluctant, of both the political system and labour movement to accept asset accumulation has helped these Nordic businesses survive. The top 1% of Swedes own close to 25% of the country's wealth, as opposed to 16.5% of Spaniards, where dynasties are also abundant. The pattern has held a firm grip on the Nordic countries since the Industrial Revolution and emergence of free enterprise. The trend is particularly pronounced in comparison with the Anglo-Saxon countries – somewhat less so relative to places like Italy, Japan, Germany and South-Asian countries. This book describes the factors and dynamics behind the ability of Nordic businesses to grow and thrive from one generation to the next in the process of becoming dynasties. Far from being commercial enterprises, they are a venue for power, philanthropy, passion, conflict, freedom and captivity. Like many other dynasties, the Nordic ones are a witch's brew of Machiavelli's Prince, Marx's belief in the potential of the meritocracy and Smith's baker who works to sustain his family. Topped by a spoonful of Weber's Protestant Ethic. This book will be key readings for students and scholars of entrepreneurship, corporate governance, business history, Scandinavian history, family business and enterprises and the related disciplines.

This book is a longitudinal story of seven Italian-Australian family business dynasties, spanning over a hundred years across three generations, and starting with the founding generation who migrated to Australia in the first half of the 20th century. With hard work and sacrifices, they set the foundations of a long-lasting family culture, and the values that form the glue of a multigenerational family business. The book focuses on the personal, family, and business values that keep family members, across generations, continuing to engage together and successfully, as a family and a business. The book elaborates on the complexity of ‘what is a family business’, what it represents for the generational members that are part of it, how these family businesses have emerged, consolidated and expanded, and finally, how they continue to survive into the third generation, enabling the dynasty to flourish.

Bestselling author and historian Landes scrutinizes the powerful family businesses that rule both the financial and industrial sectors across Europe, Japan, and America to determine what factors can cause a dynasty to flourish or fail.

A guide to the over 150 families that ruled the Classical world, from the 10th century BC to the 8th century AD, from western Europe to central Asia. Ancient Dynasties is a unique study of the ruling families of the ancient world known to the Greeks and Romans. The book is in two parts. The first offers analysis and discussion of various features of the ruling dynasties (including the leading families of republican Rome). It examines patterns, similarities and contrasts, categorizes types of dynasty and explores common themes such as how they were founded and maintained, the role of women, and the various reasons for their decline. The second part is a catalog of all the dynasties (over 150 of them) known to have existed between approximately 1000 BC and AD 750 from the Atlantic Ocean to Baktria (roughly modern Afghanistan). It provides genealogical tables as well as information on where and when they held power. Altogether, Ancient Dynasties offers an invaluable reference to ancient history buffs interested in the families that wielded power in the Classical world.

Family isn't just important. It's everything. From lions hunting as a pride to penguins huddling together to keep from freezing in the bitter Antarctic winter, many animals are dependent on complex social relationships for their survival. Powerful dynasties lay claim to vast swathes of territory, fighting off rivals and securing their hunting grounds for generations to come. Dynasties offers an immersive insight into the shifting hierarchies of animal families. Each chapter follows a different dynasty, from the Marsh Lions of the Masai Mara to rival packs of painted wolves, from a tiger protecting her newborn cubs to a chimpanzee troop and the penguin colonies of the Antarctic. Alongside tender moments when bonds are strengthened through grooming and play, the book charts the rivalries that tip the balance of power, when family members turn against each other and younger animals grow strong enough to challenge for control. With over 200 stunning photographs and insights from the crew of the BBC series, Dynasties reveals in astonishing detail the intricate social lives of our planet’s most fascinating animals.

A comprehensive study of dynasticism in modern democracies, providing a new perspective on where dynasties come from and why they matter.