Family Business
Marlon's Brando
Airline-food heir Marlon Abela is flying high, with a string of successful restaurants and a sexily revamped Morton’s Club to his name, says Josh Spero
A Preferred Partner
Josh Spero catches John Ueberroth, who has brought together hotels from across the world under his Preferred Hotel Group, in between flights
Britain's Bollygarchs
The new tribe of Indian billionaires has its capital in London. Clive Aslet profiles 20 of these Bollygarchs who love nothing more than prime Kensington property and weekends in the country
Wealthy families, spooked, urgently looking at tax again
Over half of wealthy families have started to consider 'regularising' their tax affairs after being spooked by increased government scrutiny, according to a new survey. The survey found that 53.4 per cent had done so, but that half of these were worried by the possibility of unlimited historic reassessments, 39 per cent by penalties and 32 per cent by criminal sanctions.
Exclusive: Founding family try and retake Escada with fashion heavy-hitters
A source close to the bankrupt fashion house Escada has revealed that the former CEO of Gucci and the owner of an upmarket French department store are assisting Sven Ley, the son of Escada's founder, in his bid to buy the company back.
Family Bhive
Grand projects derserve grand locations, and there are few grander than Kensington Palace, home of everyone from William and Mary to Princesses Margaret and Diana. Last night it played host to some rather less dysfunctional families as youth and experience gathered to celebrate the relaunch of Family Bhive, a social network for UHNWs to discuss the problems and perks of wealth.
Entrepreneuses Special Section
Spear's presents seven entrepreneuses who have triumphed in every field, from fashion to castles, wine to breakfast cereals. Sisters have done it for themselves
Legge, Braine and Fingers
Charlotte Legge and Kate Braine are neighbours who have become business partners with their ring company, adding a zing to every finger
Career Girl, Interrupted
Xenia Howard-Johnston on the unexpected pleasures of going back to work after almost 20 years of parenting and other distractions
California Drinkin'
Better than Bordeaux? The Napa Valley’s Spottswoode vintages are up there with the best of the best. President Beth Novak tells Spear’s the story of an emerging dynasty. Photography by Thomas Heinser
Unbillable Hours
Our specialists solve your HNW problems (gratis!)
Q
I currently earn over £200,000 per annum and have a portfolio of investments that are actively managed. The gains exceed the annual allowance by a considerable margin. Following the increase in the rate of Capital Gains Tax to 28% announced in the emergency budget, is there anything I can do to reduce my tax bill?
A
One of the simplest things to do would be set up an Offshore Bond to hold your investment portfolio. An Offshore Bond has a number of advantages, including ease of administration, tax deferral and simple access to a range of assets. One of the main drawbacks of managing a portfolio independently is the burden of administration and record keeping.
Spear's Wire
The Hedgehog
Spear's Spiky Undercover Agent Dishes the Gossip
