Tag: endowment
Patagonia founder sells company
Patagonia The company is known for its activism. (Photo: AP) Ventura The founder and previous owner of outdoor company Patagonia, Yvon Chouinard, has donated his company to charitable foundations. The…
In the discounter power struggle, heirs succumb again in court
Aldi north The background to the legal dispute is the complicated ownership structure at Aldi Nord. (Photo: imago images/penofoto) Dusseldorf The heirs of the Aldi founder’s son Berthold Albrecht, who…
Board of the controversial climate foundation MV resigns
Erwin Sellering The state parliament in Mecklenburg-Western Pomerania has been demanding the dissolution of the climate foundation for some time. (Photo: dpa) Schwerin The board of the controversial climate foundation…
Who are the biggest funders
The Covid pandemic and the war in Ukraine have thrown back developing and emerging countries in their fight against hunger and poverty. Now there are also signs of bottlenecks in…
Compensation from EY: KapMug or foundation?
Frankfurt The bankruptcy of Wirecard AG in the summer of 2020 is one of the biggest economic scandals in German history. Private and institutional investors lost thousands of euros within…
Schwesig cuts ties to Russia
Berlin The Prime Minister of Mecklenburg-Western Pomerania, Manuela Schwesig (SPD), was always a vehement supporter of the Nord Stream 2 Baltic Sea pipeline and had also pursued a policy that…
The string puller Emil Huber leaves the discounter
Emil Huber The lawyer accompanied the family of Aldi Nord founder Theo Albrecht for almost five decades. (Photo: picture alliance / Markus Scholz) Dusseldorf For the family of Aldi founder…
Melinda Gates no longer wants to leave her fortune to the Gates Foundation
Melinda French Gates Forbes magazine estimates her net worth at $6 billion. (Photo: Reuters) new York After their divorce, Bill and Melinda Gates not only went their separate ways privately,…
Software AG is allegedly examining a multi-billion dollar sale
Software AG logo The Darmstadt-based company is the number two German software company after SAP. (Photo: dpa) Berlin According to an agency report, Software AG is considering a sale. Various…
Will RWE get rid of lignite?
Dusseldorf The formulation in the coalition agreement is short and sweet – but it could trigger a transaction worth billions. In addition to dedicated goals for renewable energies, electricity prices…
Legal reform necessary: Germany needs fiduciary property
Germany needs a new legal form – a “society with tied assets” (GmgV) – I made this public demand a year ago together with hundreds of entrepreneurs from Michael Otto…