Boston Consulting Group (BCG) has released its Global Wealth Report 2026.

Technology alone is not the answer.

As scaled MFOs grow, they start feeling like a more generic service provider.

Family Office demand for OpenAI, Anthropic, SpaceX equity rises ahead of IPOs. Family offices are scrambling for private-market access to OpenAI, Anthropic and SpaceX before any public listings, with demand being driven by scarcity, status and fear of missing the next mega-compounder - AI-CIO

Generational handover begins at Campari. Davide Campari-Milano NVs controlling owners promoted two younger members within the family’s holding structure, furthering a leadership transition at the Italian spirits maker - Bloomberg

Family offices bet on sports, from pickleball leagues to smart soccer balls. Family offices are piling into sport, and not just buying teams but backing leagues, tech, equipment and infrastructure. Sport is becoming a serious asset class, and wealthy families clearly like the mix of returns, access and ego - CNBC

How AI is reshaping the modern family office. Family offices have moved from AI curiosity to real use, especially in due diligence, reporting, cash flow forecasting and internal knowledge systems - PwC

University Of Chicago Booth School of Business expands family office initiative. Chicago Booth is launching a five-day executive education course for family office principals and senior executives dealing with succession, liquidity events, governance and strategy - Family Wealth Report

The most expensive Japanese whisky ever sold at auction. A bottle of ultra-rare Yamazaki 50 set a new record when it sold for more than $1 million dollars at an auction in Hong Kong last week, making this one of the most valuable bottles of Japanese whisky in the world - Robb Report

ICYMI: last week’s newsletter looked at the SpaceX IPO, arguably the largest family office liquidity event in history. An interesting week ahead!

Until Friday, see you on 𝕏, reddit or LinkedIn.

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