The Importance of Family Office in Education by H.E. Sir Manuel Freire-Garabal on Economic Times and Times of India

His Excellency (H.E.) Sir Manuel Freire-Garabal y Núñez  LLB., MBA., Ph.D. H., F.R.A.S, F.R.S.A. (Santiago de Compostela, 1995) is a Spanish jurist, diplomat, journalist and academic.

He is Graduated in Law in A Coruña University (2013-2017), Graduated in Journalism at the National Journalists Association of Cuba in Exile (2013-2017) and MBA in “International Construction Management” at European University of Madrid (2017-2018).

He made different specializations and courses at universities and business schools like MIT, ESSEC Business School, Harvard University, Indian School of Business, London Business School, Princeton University, Saudi Electronic University, Stanford University, The Johns Hopkins University, University of Washington, Vanderbilt University or Yale University.

He received in 2019 the Honorary Doctorate (Honoris Causa) in Human Rights and Diplomacy by the ASEAN University International (Indonesia) and Honorary Doctorate of Philosophy in Environmental Peace by Noble International University (USA).

In 2016 he started in the field of Law research about family law and private property. Since his beginnings in the academic field, he became a member of several national and international academies and received more than twenty national and International awards.

Sir Manuel is an advisor of some Princes and Royal Houses around the World as well as an Honorary Ambassador of different organizations related to the United Nations.

Since July of 2018, he is the President of the Private Council of the Prince Mahmoud Salah Al Din Assaf and patronage member of the Assaf Foundation.

Since 2019, he is a contributor of Le Monde and Le Figaro, two of the best 25 newspapers of the World. He published 8 books with 24 years old and has been featured and interviewed as author and entrepreneur in media like Forbes Cosmo, CNBC, CBS, ABC and Fox News.

He is considered one of the Most Influential by different journals and magazines as UpClosedor Mundo Extremo. Since 2018 is considered one of the Most Influent Men in the Middle East since he received the award “Best Human Leader in the World for 2017”.

In 2019, the magazine Cosmo Chic made a special review about his position between the 250 Top Influencers of the Middle East of 2019. In the same year was included as an Honorary member “World Order of Global Leaders” and also Nominee to the award “The Face of the Globe in Service to Humanity 2019” given by Global Public Excellence with support of Nelson Mandela Foundation.

Nowadays, he is mainly dedicated to positioning and leadership promotion since Mayaimi International Corp. and working in Higher Education. He works in Higher Education in university as Associate Professor and Vicepresident of Communications at ASEAN University International, as Visiting Professor and Advisor to the Pranab Mukherjee Chair for Sustainable Development, Research, Skill Advancement and Education at the Institute of Chartered Financial Analysts of India as well as advisor of IIC University and of City University Group.

He is a contributor of Higher Education in the Official blog of News of Harvard University, in the University of Southern California, in MSNBC and Microsoft Education as well as Contributor and Advisor of Higher Education of The Times of India and The Economic Times.

He is also Contributor and Advisor of blogs and university platforms about Higher Education of Yale University, the University of California-Berkeley, Indiana University and Oregon University Online.

 

Full article:

https://timesofindia.indiatimes.com/blogs/disruption-in-higher-education/the-importance-of-family-office-in-education/

Pope John Paul II said that “The family is the basis of society and the place where people learn for the first time the values that guide them throughout their lives.”

The family implies an alliance and an affiliation in which all its members are unique beings welcomed as members of that community.

The first social experience of the human being is born in the family, the place where he forges his identity and relates by strengthening trust in the human race through interaction between family members.

That is why it must be constituted as the refuge for the development of the security and self-esteem of each one in order to develop the virtues firmly and without fear of how the world is, despite the fact that wolves always arise in nature. Therefore, the family is the basis of man and his history where the person, through education is motivated and understood by being a member of the union by parents, who are undoubtedly the engines of life.

The family should add that, from the humblest to the wealthiest; it has always contributed to both the world economy and education.

The family in the West has been weakened by multiple causes such as extreme social movements and populisms that favour the legal distortion of the family figure, returning each of its members as interchangeable pieces.

Since nuclear families are in crisis and, more and more individual contributions prevail instead of family ones. However, they are cyclic crises. In this regard, you can see quotes from authors such as Cicero, who stated in the first century before Christ that & “they are bad times because your children have stopped obeying their parents and everyone writes books”.

To weigh this crisis, currently one of the figures that show the continuation of the family legacy is the Family Offices.

The Family Office is weighing the effects that have emanated from the family crisis as such, basically because it safeguards the core interests of the core: protecting the legacy.

One of the most striking aspects is that the investments made through family offices follow that spirit of sheltering the development of the security and self-esteem of each individual, allowing new generations to develop their personal projects and create their own legacy covered in the help of other families.

About Family Offices, one of the world’s leading experts is Sir Anthony Ritossa, who through his Family Offices events brings together more than 4.5 trillion dollars looking for new opportunities to protect and sponsor new generations in projects based both in Technological as of human capital initiatives.

About Ritossa Family Office, they speak to the refining of 600 years of history – of woods, family and a region. The contorted foundations of the Ritossa olive forests have driven forward through war and catastrophic events, through Climate Change and nation, and under the standard of warrior rulers, affluent trader rulers and current tyrants.

The Ritossa Family Office is known for its revolutionary investments. These incorporate the US Subprime Crisis, the European Sovereign Debt, Banking Crisis, vital PE, RE and blockchain technology.

The Ritossa Family Office is host to The Global Family Office Investment Summits. The Summit Series has stood out as truly newsworthy as the world’s most significant and most elite social occasion of private abundance ever. More than 600 Elite Family Offices, Prominent Business Owners, Sheikhs, Royal Families, Private Investment Companies, Sovereign Wealth Funds and industry experts from around the world gather speaking to more than 4.5 trillion dollars in riches.

Regarding the Family Offices and their relationship with higher education Sir Anthony is a firm supporter of higher education and through the power and influence of his events encourages global family offices to consider investing in new school expansions, education technology, innovative learning opportunities and missions to support disadvantaged youth.

Increasingly, Family Offices contribute to education in emerging countries. See how the Bloomberg family itself, anticipating that the UHNW amount, which they invest through Family Offices, will reach 263,500 in 2025, is progressively considering investing in developing markets, where the new UHNWs come from countries such as India or China. Therefore, the objective is to try to alleviate the risks of an investment in these countries to convince other families so that they invest and allow the construction of new metropolises and with it, new family legacies.

That is why it can be said that its economic and cultural impact is undoubtedly impressive and of high relevance, since they contribute to both the commercial and cultural legacy and, therefore, directly and indirectly to the educational development of the new generations.

Directly, due to the direct investments that each of the Family Offices makes to be able to promote individual projects so that they become family projects, and therefore in tradition.

Indirectly, due to the social conscience, they induce through their investments. The new fortunes and heirs of the great fortunes prefer to encourage the development of new businesses rather than keeping their income in their bank accounts fixed term. It is possible to clarify that, this event allows to influence because the majority of the banks now charge instead of giving interest for the short or long term deposits; however, the new investments arise from a regenerating and driving mentality of the society that fosters a much healthier competitiveness and not a monopolistic society, just as it once was.

Knowing that the family is a &”masterpiece of nature”, as George Santayana stated, it is necessary to take care of it and preserve it, since it is the essential element without which it would not have passed, present or future. The family is the actual constituent of history and therefore of education.

Following Iain Duncan Smith, it should be added that like economies and governments & “when families are strong and stable, so are children who show higher levels of well-being and more positive results”. Since the family is an essential core and primary contributor to education and the world economy, it is necessary to remember that family relationships are not perfect. However, maintaining harmony among the members helps the union and therefore, strength.