Global leaders, billionaires and family office CEO and CIOs converged in Palm Beach at a private country club for the 1640 Society Family Office Wealth Forum limited to 200 people. The Forum was held in Palm Beach with family moguls, billionaires and entrepreneurs flying in from across the globe. Most of the guests own private planes so could easily fly in safely for the Forum. Participation in the network is by invitation only and includes some of the most prominent family members, heirs and high net worth investors from across the globe including Asia, Mid East, Europe & Latin America, as members of its exchange. The 1640 Society annual private meeting is an exclusive invitation-only event that brings together leading family members, family offices, and wealthy leaders from around the globe for a closed door private discussion about issues affecting the global elite and top one percent.
The Forum began Sunday evening at an iconic private 10 acre estate in Palm Beach with Grammy award winning singer Cody Johnson belting out hits until late in the evening while guests mingled over cocktails and dinner. The Forum on Monday had discussions ranging from leading CIO’s comparing asset allocation strategies, a panel with leading CEOs from across the globe, several billionaires including one of the wealthiest families who had flown in from the Middle East alongside several of the wealthiest families from Latin America, business leaders and sports team owners Gary & Amy Green discussed their philanthropy together with the Siegels who started a large foundation after losing a child to an opioid overdose, a leading hotelier discussed the transition of the business to the second and third generation.
Stephen Kennedy Smith joined the healthcare panel with several serial entrepreneurs who had sold several healthcare businesses, while the former CEO of T. Rowe Price Todd Ruppert gave a great overview of investments and early stage venture capital. Later in the day geopolitical issues were covered as Ambassador Wos moderated a panel with the former Governor of Virginia. The day ended with a European business tycoon speaking alongside Kimberly Guilfoyle, CEO of American Dream Corporation speaking on launching a consumer brand while promoting classic American values together with entrepreneur and philanthropist Dan Newlin who felt that his success was largely due to his give back and focus on helping others. Conversations at the Forum were diverse and intriguing ranged from families who owned sports teams comparing notes to families discussing buying islands, farms to one of the billionaires from Ukraine discussing with several US based politically connected Governors how he entered the artillery weapons business to help his country with the war. The day ended with guests mingled over cocktails.
With some of the most influential families in the Palm Beach attending, not all high net worth families who applied to the forum got admittance. The 1640 Society runs the forum like a country club and so there is a rigorous approval process, with only a few hundred families getting approved to join on an annual basis. Families who got past the ultimate selection process included leading names like the Pitcairns, Kennedy’s, Bush, Firestone’s, Ford’s, Rockefeller’s, Bronfman’s, Kettering, Getty’s, Kluge, Pritzker’s, Johnson’s, Heinz, Hunt’s, Musk (co-founder of PayPal), along with international magnets like the Mittal family from India and the Pears families from Europe.
