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Australian family business on the world stage

By Demi Treloar

Ray White has been recognised as one of the most celebrated family businesses in the world by the EY World Entrepreneur of the Year Forum.

On 7 June 2016, Ray White Joint-Chairman Brian White AO will join eight international family business leaders at the prestigious EY World Entrepreneur of the Year Forum in Monaco. The White family’s business Ray White has been recognised amongst the most celebrated family businesses in the world, and will be part of the annual EY Family Business book for 2016 which will be launched at the Monaco event.

The international event will wrap up with the famous EY World Entrepreneur of the Year black tie gala event, where the EY World Entrepreneur of the Year will be announced.

Last year, the Ray White Group was named Australia’s inaugural winner of the EY Family Business Award at the 2015 EY Entrepreneur of the Year Awards and the family has been invited to the Monaco event to honour Australian family business.

The forum ‘Road to Monaco’ will see a ‘pre-kickoff summit’ on 8 June with Brian White joining a number of international family business leaders, including Prasad Kuma of GMR Group Holdings and Guido Corbetta of Bocconi University Italy, in a panel discussion on maximizing the family advantage through effective governance.

White commented: “Ray White is a family business made up of family businesses. We are so proud to be representing family business for Australia at the prestigious EY World Entrepreneur of the Year forum. To be amongst the world’s most successful family owned and led businesses on the world stage is an honour for our group and we are here to honour all the family run businesses within our group and across Australia.”

The Family Business Award is not new to EY internationally, with the award handed out in over 20 countries in 2014. The Ray White Group is amongst family business award recipients that have successfully managed to grow and transition through multiple generations.

The EY World Entrepreneur of the Year forum is the culmination of The EY Entrepreneur Of The Year program – held in over 145 cities and more than 60 countries – and is considered the world’s most prestigious business award.

(Source: http://www.therealestateconversation.com.au/news/2016/06/06/australian-family-business-the-world-stage/1465198471)

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