Heiress to $14 Billion Retail Fortune Bets on Managing Her Own Money
Alannah Weston, the former chair of luxury department store Selfridges, opens her London-based family office, AWC Projects.
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Alannah Weston, an heiress to one of the world’s biggest retail fortunes, has joined the growing number of women taking more control of their money.
Weston, 50, set up her own family office, AWC Projects, in April as she began to step back from her role as chair of Selfridges & Co., the luxury department store operator her family agreed to sell last year for about £4 billion ($4.5 billion) to a Thai-Austrian joint venture. The deal closed in August.