Crain Currency
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Crain Communications, a 106-year-old family-owned media company, is proud to announce the launch of a new brand focused on building and maintaining generational family wealth. Crain Currency, a digital news and community networking product, is designed for families managing wealth and legacies. A weekly newsletter launched on June 29 — a robust website and invitation-only networking platform will follow later this year. Potential audience members are invited to visit www.craincurrency.com to be considered for inclusion.
The new product is aimed at a primary audience of people who head family-owned businesses and family offices, the structures created to manage family wealth. The audience will also include professionals who advise families and individual private investors. Because many families make direct investments in companies, the audience will also include serial entrepreneurs and private equity and venture capital principals. Source
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Media Outlet details
| Scope | National |
|---|---|
| Language | English |
| Country | United States of America |
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| Frequency | Weekly |
| Days Published | Wed |
Recent Articles
Search ArticlesWhen liquidity turns business wealth into a family governance test
A founder sells a 40% stake in the business he built over two decades. Within a month, the proceeds are in a bank account, and the disagreement has already begun. One sibling wants to redeploy the capital into a new venture, because that is what the family has always done with money. Another wants a portion distributed to fund his children’s school fees abroad. A cousin who has never held equity in the business asks, for the first time, why he has not been consulted.
Gates heir’s shopping app claimed sales it didn’t drive
Phia, an advertising startup co-founded by Phoebe Gates, daughter of billionaire Microsoft Corp. co-founder Bill Gates, bills itself as a “personal shopping assistant” that helps users find the lowest prices on a broad range of clothes and fashion accessories. Download the Phia tool onto a web browser, use it while shopping and — voila — the so-called extension can quickly find discount codes for products.
Millionaires’ playground Marbella wants to become a tech hub
Most tourist destinations have signposts pointing to their historical sites. In Puerto Banús, near Marbella on Spain’s Costa del Sol, the signs direct visitors to Bottega Veneta, Bvlgari, Louis Vuitton and Rolex. Yachts line the waterfront, and Ferraris, Lamborghinis and Bentleys cruise the roads. For decades, Marbella has attracted international money. Europeans, particularly from the UK and Scandinavia, bought second homes in the area or settled permanently there in the late 20th century.
Vinod Khosla-led group to buy Seattle Seahawks in major NFL deal
A group led by tech billionaire Vinod Khosla agreed to buy the Seattle Seahawks in a deal that has been expected to set a National Football League record. The deal is valued at $9.6 billion, Sportico reported earlier Saturday, citing people familiar with the details. The estate of Microsoft Corp.
Prabowo’s clampdown on Indonesian tycoons fuels capital flight
For roughly six decades, Indonesia’s political leaders and business elites enjoyed a near-symbiotic relationship, one that survived a transition from dictatorship to democracy. That’s now collapsing under President Prabowo Subianto, spurring a race among tycoons to move cash out of the Southeast Asian archipelago.
Billionaire Niel becomes biggest Vodafone investor with $6 billion deal
French billionaire Xavier Niel has agreed to buy a stake in Vodafone Group Plc from Emirates Telecommunications Group Co. for about $6 billion to become the biggest shareholder in the British telecommunications company. Vega, an investment vehicle controlled by his family, will acquire more than 16% of Vodafone’s shares for about 112.5 pence apiece, including cash and a future dividend, the companies said on Friday.
Billionaire Lewis turns FX trading bets into 500% art gains
Billionaire Joe Lewis is losing money this year on one of his biggest listed holdings, but a group of private assets inside the investor’s sprawling fortune is minting big returns. The Tavistock Group founder has locked in gains of more than 500% at each of three recent art auctions in London, selling scores of pieces behind one of the world’s biggest private collections, according to data compiled by Bloomberg.
Family offices rethink the U.S. dollar
Family offices, as the longest-horizon private capital, are typically built to look through cycles, not trade them. So when they begin repricing the U.S. dollar itself as a standalone risk, it doesn't read as a tactical wobble but as a slow, deliberate vote of no confidence. The shift is visible in the data. In 2025 UBS framed the issue as one of U.S. concentration and home bias.
BCU Advisor’s Amanda Martinez on how family offices should prepare for the insurance market
Amanda Martinez is an advisor at BCU Risk Advisors, where she works with family offices and ultra-high-net-worth clients on private client risk management and insurance planning. She spoke with Crain Currency about what family offices should have in place before going to the insurance market, from broker selection and underwriting preparation to building a more consistent risk-management process. What should a family office have in order before it approaches the insurance market?
Top India asset manager sets price range for $1.22 billion IPO
SBI Funds Management Ltd.’s biggest investors are seeking to raise as much as 116.9 billion rupees ($1.22 billion) in what’s expected to be India’s first billion-dollar IPO of the year. State Bank of India and France’s Amundi SA are offering as many as 203.71 million shares in the nation’s largest fund house by assets for 545 rupees to 574 rupees apiece, according to a statement dated July 8. SBI Funds isn’t selling shares in the offering, which represents a 10% stake in the firm.