Dubai Centre For Family Businesses Discusses Wilsdorf Family's Wealth Management And Legacy Preservation

The Dubai Centre for Family Businesses, part of Dubai Chambers, recently held a session in its ‘Governance Series.’ This event delved into how the Wilsdorf family, founders of Rolex, managed their wealth while upholding family values over generations. The session was attended by 28 representatives from family businesses in Dubai.

Dr. Moritz Kübel, CEO of Perpetual, the Wilsdorf family's independent investment arm, led the discussion. He explained Perpetual's role in preserving the family's legacy for over a century. Dr. Kübel highlighted the significance of maintaining family heritage and establishing strong governance frameworks to ensure core values are passed down.

Dr. Kübel also discussed strategies for building a sustainable family legacy that safeguards values and ensures long-term wealth continuity. He provided insights into Perpetual’s investment philosophy, focusing on strategic investments across various asset classes with an emphasis on private markets.

The conversation highlighted the need for sophisticated financial management and governance structures to transition from business success to lasting family capital. These elements are crucial for effective succession planning and regulatory compliance.

The Governance Series is part of the Dubai Centre for Family Businesses’ initiatives to support family enterprises. It includes educational seminars on legal frameworks and governance structures essential for long-term business success.

Empowering Family Enterprises

This series aims to empower family businesses in Dubai to tackle common challenges and expand their operations. It encourages networking and knowledge-sharing among local, regional, and international family enterprises.

Participants benefit from learning about multi-generational success stories and real-world experiences. The series provides a platform to showcase these stories and strengthen organisational frameworks through shared insights.

The event underscored the importance of robust governance in preserving wealth and values across generations. By sharing experiences, family businesses can enhance their strategies for enduring success while maintaining their unique heritage.

With inputs from WAM