Do family offices die or just fade away?

Take Iveagh Ltd., the vehicle established following the restructuring of Iveagh Trustees to manage the wealth of the Guinness brewing family. This went into voluntary liquidation in February 2016.

Yet the Guinness family is still very wealthy if The Sunday Times Rich List is to be believed with assets worth around £850 million.

Ned Guinness, the current Earl of Iveagh, certainly appears to be very wealthy, as his assets include the 22,486 acre Elveden Estate in Suffolk, one of the UK biggest single firms, a stake of around £200 million in Diageo, which owns the Gu...