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THE AGENDA


EDITOR Edwin Smith


edwin.smith@spearswms.com


EDITOR-AT-LARGE Alec Marsh


alec.marsh@spearswms.com


MANAGING EDITOR Vicky Oakley


vicky.oakley@spearswms.com


SENIOR RESEARCHER Rasika Sittamparam


rasika.sittamparam@spearswms.com


STAFF WRITER & RESEARCHER Arun Kakar


arun.kakar@spearswms.com


JUNIOR STAFF WRITER Anna Solomon


anna.solomon@spearswms.com


CONSULTANT EDITOR Christopher Silvester


christopher.silvester@spearswms.com


ART DIRECTOR Andy Cowan


SUB-EDITOR Graham Parker


LUXURY EDITOR John Arlidge


CONTRIBUTING EDITORS Nick Foulkes, William Sitwell, Alessandro Tomé


GROUP SALES DIRECTOR Jiggs Patel


jiggs.patel@spearswms.com +44 (0)207 406 6681


SALES DIRECTOR Shady Elkholy


shady.elkholy@spearswms.com +44 (0)207 406 6591


BUSINESS DEVELOPMENT DIRECTORS


Karan Kohli karan.kohli@spearswms.com Hala Sayess hala.sayess@spearswms.com


John Carpenter House, John Carpenter Street London, EC4Y 0AN


+44 (0)20 7936 6445 spearsmagazine.com © Spear Publishing 2020 ISSN 2054-7765


For reprint, e-print and licensing enquiries Please contact: Media Licensing Co, The Grange, 3 Waverley Road, Farnham, Surrey, GU9 8BB. Tel: 020 3773 9320 or email info@medialicensingco.com


T


hat social media has changed public discourse (and the world) over the last fi fteen years or so is well documented. But


every so often it is possible to perceive the small shifts that make up the larger story. One of the more recent has been the emergence of an imperative to ‘be kind’. It’s a laudable sentiment, especially when so much online discussion is unnecessarily antagonistic. But the aegis of kindness is notably absent when it comes to one group of people in particular: the rich. As the editor of a magazine for wealthy people I wouldn’t ask anyone to feel sorry for them. (That was tried recently and didn’t go down especially well, in the UK at least.) But I would encourage everyone to ask why it has become acceptable – expected, even – to speak disparagingly about you, dear reader. My piece on page 62 attempts to assesses the prospect of a wealth tax, the arguments against it, and how the relationship between the public, governments and the world’s wealthiest people might evolve. Elsewhere in the issue, Spear’s editor-at-large Alec Marsh charts the rise of what we are calling London’s ‘Savile Row of wealth’ (p54) – the network of boutique wealth managers and private investment offi ces that have sprung up over the last 25 years. As some eye ambitious expansion, Alec speaks to the key players and asks what comes next: can


they really go from strenth to strength? Our cover story (p48) is by James


Ashton whose new book, The Nine Types of Leader, analyses leadership styles from the ‘Lover’ to the ‘Fixer’, and the ‘Diplomat’. For Spear’s James takes a closer look at the ‘Scion’ – a fi gure, he argues, who is often unfairly stereotyped. The cover illustration,


Exclusive


How London created the Savile Row of wealth


Featuring


The extraordinary career of Michel de Carvalho


WEALTH | BUSINESS | CULTURE | LIFE Plus Sean Bean


Emma Manners Q2, 2021 £5.95


meanwhile, is by Bob Venables, after Monty Python’s Life of Brian. There’s also a stunning photo-collage by Johanna Goodman (p40) and an illustration of Emirates boss Sir Tim Clark (p52) by Matthew Laznicka captures the glamour of aviation’s golden age.


The pressure and politics of inheriting a business empire


We are also blessed with


several fi rst-class, exclusive interviews – all with very diff erent fi gures. Emma Manners, the Duchess of Rutland, speaks about her new podcast (p14); Sean Bean reveals a secret love you’d never have expected (p98); and Michel de Carvalho – the former child star and Olympian who married into the Heineken brewing dynasty – explains why he’s as motivated as ever in his work as a wealth manager (p44). We also warm up for backgammon season with Nick Foulkes (p65), discover what the army taught Simon Akam about leadership, as he researched his controversial new book (p67) and meet the makeup entrepreneur-slash-art investor, Bobbi Brown (p69). As ever, I hope you enjoy the issue. S


SUBSCRIBE to Spear’s — receive every issue of Spear’s magazine for only £21 (UK) a year Web: spearswms.com/subscribe Call: +44 (0)845 073 9607 Email: subscriptions@spearswms.com


Editor’s Letter


Edwin Smith


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