Richard Eu - Family Politics, Consolidating Power, Going Public & Taking Private [The Business of Family]

Episode  |  9 November 2020  |  55 mins 44 secs

4th generation, china, entrepreneur of the year, family governance, fbn, fourth generation, g4, singapore, tcm, traditional chinese medicine, ypo

Richard Eu is a fourth-generation Eu. One of the family's last remaining businesses, Eu Yan Sang, a network of Traditional Chinese Medicine dispensaries, was founded by Richard Eu's great-grandfather Eu Kong and the family's fifth generation are still in the business today. This is a gripping story of family politics, loss of control, re-consolidation, an IPO, and ultimately privatisation of the family firm once again.