Family Office Buzz

The biggest financial frauds ever. MFOs surging in popularity. Jensen Huang on venture. The White Lotus effect. The pickleball goldmine. A $3.3 million ride.

Author

Mr FamilyOffice
July 14, 2025

FAMILY OFFICE BUZZ

A weekly collection of family office and related news. Included this week:

  • The greatest financial frauds ever, and the curious role of family offices

  • Multi-Family Offices surging in popularity

  • Pickleball - a goldmine for family offices?

  • Jensen Huang on venture capitalists

  • The White Lotus effect on family office investments

  • Living Large: the car that sold for $3.3 million this weekend

𝕏 highlights

A look at the evolving CIO role in family offices. 

The biggest frauds the world has seen, including how Bill Hwang used a “family office” to avoid oversight

Nobody thinks about the butlers.

CZ’s family office is launching a BNB treasury firm in the US.

Billionaires are on the march.

Jensen Huang: “VCs don’t invest in business plans.”

in LinkedIn highlights

The latest UBS Family Office Quarterly is out.

Our latest UBS Family Office Quarterly just went live.

Our latest UBS Family Office Quarterly just went live, with insights on US fiscal situation and strategies for reducing government debt burdens; Family Office’s Role in Family Businesses; Wealth Transfer Considerations; Investment Policy Statements; Participation Plans within the family enterprise and family office context; Strategic Human Capital Management; and more.

www.linkedin.com/feed/update/urn:li:activity:7348027695219286019?updateEntityUrn=urn%3Ali%3Afs_updateV2%3A%28urn%3Ali%3Aactivity%3A7348027695219286019%2CFEED_DETAIL%2CEMPTY%2CDEFAULT%2Cfalse%29

The “White Lotus effect’ - family offices investing more in high-end hospitality.

Call it the “White Lotus” effect.

Call it the “White Lotus” effect. Family offices are increasing their investment in high-end hospitality — especially luxury resorts like the ones featured in the TV phenomenon — as they seek diversification of real-estate holdings, steady income generation and a long-term footprint in the sector.

www.linkedin.com/posts/crain-currency_familyoffice-luxury-travel-activity-7348350210852405248-86E_?utm_source=share&utm_medium=member_desktop&rcm=ACoAAA1yzSABrt3YeH6j8ZoWGuzHBCxo_ASFyww

The small family office concept isn’t going away anytime soon.

𝐓𝐡𝐞 𝐂𝐚𝐬𝐞 𝐟𝐨𝐫 ‘𝐒𝐦𝐚𝐥𝐥’ 𝐅𝐚𝐦𝐢𝐥𝐲 𝐎𝐟𝐟𝐢𝐜𝐞𝐬: Now also available in print.🗞️📚

“𝘐𝘧 𝘺𝘰𝘶 𝘥𝘰𝘯’𝘵 𝘩𝘢𝘷𝘦 250𝘔€ 𝘪𝘯 𝘪𝘯𝘷𝘦𝘴𝘵𝘢𝘣𝘭𝘦 𝘤𝘢𝘱𝘪𝘵𝘢𝘭, 𝘥𝘰𝘯’𝘵 𝘦𝘷𝘦𝘯 𝘵𝘩𝘪𝘯𝘬 𝘢𝘣𝘰𝘶𝘵 𝘴𝘦𝘵𝘵𝘪𝘯𝘨 𝘶𝘱 𝘢 𝘧𝘢𝘮𝘪𝘭𝘺 𝘰𝘧𝘧𝘪𝘤𝘦.” That’s a statement that I heard about a lot, ironically, while I was setting up a family office for a group of Berlin-based entrepreneurs, from the very advisors (think private banks and asset managers) from who I was looking for assistance. Today, having set up that family office, and having advised many others on the process, I wholeheartedly disagree with that statement…

www.linkedin.com/posts/janvoss93_%F0%9D%90%93%F0%9D%90%A1%F0%9D%90%9E-%F0%9D%90%82%F0%9D%90%9A%F0%9D%90%AC%F0%9D%90%9E-%F0%9D%90%9F%F0%9D%90%A8%F0%9D%90%AB-%F0%9D%90%92%F0%9D%90%A6%F0%9D%90%9A%F0%9D%90%A5%F0%9D%90%A5-%F0%9D%90%85%F0%9D%90%9A%F0%9D%90%A6%F0%9D%90%A2%F0%9D%90%A5%F0%9D%90%B2-activity-7350411236401995776-uhHw?utm_source=share&utm_medium=member_desktop&rcm=ACoAAA1yzSABrt3YeH6j8ZoWGuzHBCxo_ASFyww

📰 family office news roundup

Multi-Family Offices Surge in Popularity. More wealthy families are ditching private banks in favor of multi-family offices that offer a mix of investment advice and concierge-style services. The model is booming, being more personal with costs spread around, all through a single service provider - Financial Advisor Magazine

Key One Big Beautiful Bill Act Implications for Family Offices and High-Net-Worth Investors. How the new OBBBA rules could trip up family offices and wealthy investors if they’re not careful with compliance - a reminder that reporting and due diligence requirements are set to increase - McDermott Will & Emery

Pickleball’s Global Surge: A Gold Mine for Family Offices in Sports Tech and Real Estate. Pickleball isn’t just a hobby for retirees anymore, it’s exploding worldwide and creating investment angles in clubs, tech, and property. Family offices are piling in, betting this might actually stick around to create some solid returns - AINews

Private Equity Reigns Supreme in Family Office Portfolios.
Family offices keep doubling down on private equity, making it their top allocation by far. The article suggests it’s all about chasing higher returns, even if it means swallowing more risk - Professional Wealth Management

🍾 Living Large: the finer things in life

The Goodwood Festival of Speed took place this weekend, with supercars, F1 winners and notable classics racing a short hillclimb in front of motorsports collectors and enthusiasts from around the world. It also saw a record-breaking auction, with the highest value car a Mercedes AMG One selling at $3.3 million. This ‘57 300SL below only managed $1.16 million.

Last week’s newsletter on family office recruitment (Algorithms and Intuition) had a lot of interest - read it here if you missed it!

Until Friday, see you on 𝕏 or LinkedIn.

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