All articles tagged with #succession
Liechtenstein will switch from male primogeniture to absolute primogeniture, meaning the throne will pass to the first-born child regardless of sex. The change applies to descendants of Hereditary Prince Alois and Hereditary Princess Sophie and does not affect the current heir for now, as Alois emphasizes choosing the best prepared leader for the principality.
Russia’s aging, personalized regime has no clear successor, risking a rushed intra-elite power struggle once Putin leaves. Formal constitutional rules won’t decide the next leader; instead a small, aging ‘selectorate’ of security chiefs, parliament leaders, and Putin’s inner circle will shape the outcome. While potential contenders exist (e.g., Dyumin, Volodin, Mishustin, Kiriyenko), most top officials are in their 70s, and failing to groom a younger generation could yield instability or chaos in the transition, echoing historic succession patterns from Stalin’s era.
The piece argues that Argentina must prepare for life after Lionel Messi, potentially his international retirement after the 2026 World Cup, and uses cross-sport history to illustrate how teams fare when a generational great leaves. It notes both negative outcomes (short-term slumps or droughts) and positive rebuilds (sustained success after a talisman departs), citing examples like Maradona and Pele, Brady/Belichick, Ronaldo at Real Madrid, and the Giants after Bonds, among others. While Messi's departure could trigger a dip, the article suggests Argentina could eventually rebound if they effectively rebuild around the next generation.
Japan’s parliament revised the Imperial House Law to keep the throne in the male line, allowing distant male relatives to be adopted as heirs; Princess Aiko remains ineligible to ascend, while the changes also permit princesses to retain royal status after marrying commoners, a move aimed at stabilizing a shrinking imperial family but triggering debate over tradition versus modernity.
Japan formalized male-only succession under a revised Imperial House Law, allowing adoption of distant male relatives and permitting princesses to keep royal status after marrying commoners. Critics warn the move preserves a narrow, aging male line and discriminates against women, with the current line expected to pass from Emperor Naruhito to his brother and then to his 19-year-old nephew Hisahito, before reaching a 90-year-old uncle, highlighting the monarchy’s precarious future.
BBC examines Kim Jong Un’s mother Ko Yong Hui, born in Osaka to Zainichi Koreans and never publicly named by the regime, and how the Paektu bloodline myth secures legitimacy; the secrecy surrounding her could undermine North Korea’s hereditary system if her origins were exposed, while Kim’s public wife Ri Sol Ju is used to bolster stability.
A report claims Prince George is reportedly aware of mortality as he edges toward being second in line to the throne amid King Charles' cancer, fueling discussion about the monarchy's future.
Thai Princess Bajrakitiyabha, the king’s eldest daughter, died aged 47 after more than three years in a coma following a December 2022 collapse attributed to a severely irregular heartbeat from a mycoplasma heart infection. A lawyer by training, she served as Thailand’s ambassador to Austria (2012–2014) and as the UNODC’s Ambassador for the Rule of Law in Southeast Asia, and later became chief of staff to her father’s private bodyguard in 2021 while championing penal reform. Her death removes one of the royal family’s most visible figures and leaves the question of succession unresolved, as the king has yet to designate an heir.
Princess Bajrakitiyabha, the eldest daughter of King Maha Vajiralongkorn, died at age 47 after nearly four years in a coma following heart problems in December 2022. Her death raises questions about succession within Thailand’s monarchy, which is tightly controlled by lese-majeste laws that limit public discussion.
Thai Princess Bajrakitiyabha, the eldest daughter of King Vajiralongkorn and a prominent royal figure, has died after more than three years in a coma following a December 2022 collapse linked to a heart infection. Her death removes a leading potential successor and raises questions about Thailand’s royal future at a time when the throne has traditionally favored male heirs, though a 1974 amendment allows a queen. Bajrakitiyabha was a lawyer, diplomat, and advocate for penal reform, later serving as UNODC’s Ambassador for the Rule of Law in Southeast Asia and, in 2021, as chief of staff to the king’s private bodyguard with the rank of general.
A 170-year-old family business, the Laird Norton Company, remains active through deliberate succession and broad family involvement: Jill Gardner, who married into the family, serves as family president and helps oversee governance with a board of both family and non-family directors, while programs like a family journal, annual summits, internships, and a “next gen” initiative engage relatives across generations to sustain the legacy.
Fortune argues that Baby Boomers, by dominating jobs, owning most large homes, and aging in top roles, suppressed wages and constrained housing for younger Americans for decades; as Boomers retire, a tighter labor market, housing shortages, and weak leadership succession threaten the economy and compel institutions to reinvent transitions.
Stephen I. Miran has submitted his resignation from the Federal Reserve Board, effective when his successor is sworn in. He joined the Board in September 2025 to fill an unexpired term ending January 31, 2026; his prior roles include chairman of the Council of Economic Advisers under President Trump and senior positions in finance and policy. A copy of the resignation letter is attached.
Forbes highlights America’s biggest family-owned firms, showing how multi‑generational ownership and governance shape long-term strategy, succession planning, and resilience across industries beyond short-term quarterly results.
Shareholders at Berkshire Hathaway's annual meeting express cautious optimism about Greg Abel succeeding Warren Buffett, praising his operational background and Buffett's endorsement while noting Abel may not match Buffett's stagecraft; the gathering signals the official pivot to Abel's tenure as the conglomerate navigates inflation and affordability concerns while preserving Berkshire's long-term principles.