While modern corporations practice the art of risk management, this is not common among family enterprises, not even the most sophisticated. While wealth owners embrace formalized risk management, the focus of that endeavor tends to be on a single dimension: financial security. Of course, almost all “financial families” (those with multi-generational wealth) practice risk management informally; for example, they carry property insurance, create complex trusts and monitor investment ...
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This flawless, 101.7-carat, pear-shaped diamond—one of the world’s largest —will go up for auction at Christie’s “Magnificent Jewels” sale in Geneva on May 15, 2013. How much will it sell for? Choose the correct answer and registered site users will be eligible to win a one-year subscription to Christie's Geneva Jewelry sales catalogue, courtesy of Christie's. 

