Barnaby Swire and family
Industry, Transport, Property
The 201-year-old Swire Group, now in the hands of a new generation, was developed in its modern form in Hong Kong by Sir John Swire, who died last December aged 89, and his brother Sir Adrian.
Today it is still a Far East operation, spanning aviation, property, hotels, beverages and marine services. It is chaired by Sir John's son Barnaby, while Sir Adrian's son Merlin is chief executive. It holds a controlling stake in Swire Pacific, the Hong Kong-quoted conglomerate, which has shares in the Cathay Pacific airline, and operates businesses under the brand name Taikoo, Chinese for Swire. Profits at London's John Swire & Sons fell in 2015 to £579m on £6.9bn sales, but family property value gains should offset this.