The convenience and curse of family success

Euan Blair has built a US$200m business that draws on his father's political legacy. Ivanka Trump may not be so lucky.

The writer wonders if Ms Ivanka Trump (centre) will help write the next chapter of Trump history, or if she will become an activist and sabotage her dad.
PHOTO: BLOOMBERG

(FINANCIAL TIMES) - Oh, to be the heir to a dynastic empire or the offspring of celebrity. Recent weeks have found handsome young scions dominating the news.

Earlier this month, Mr Alexandre Arnault, the 28-year-old son of LVMH chairman and chief executive Bernard Arnault, assumed a new role as executive vice-president at Tiffany & Co. The storied US jewellery house is the latest acquisition in a glittering portfolio, purchased in a much-contested US$15.8 billion (S$21 billion) sale last year.

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