Q3, 2021

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Contents

13

19

The Agenda

9 EDITOR’S LETTER

By Edwin Smith

10 READERS’ LETTERS

Our readers’ forthright views on ‘sheds’, impact investing, property and more

13 DIARY

Baroness Minouche Shafik, director of the London School of Economics, on our broken social contract

14 THE HEDGEHOG

News from around the HNW universe, featuring a tiara revival, a hot yacht, balloons in space and meals on wheels

16 BOOKS

Tristram Hunt’s biography of master potter Josiah Wedgwood – plus four more new books to look out for

19 PHILANTHROPY Actor Robert Lindsay on his thespian

colleagues who need support

20 MATTHEW GOODWIN

Despite the doomsayers, Britain is bouncing back from Covid and Brexit

21 ANNAMARIA KOERLING

Even in buoyant markets, investors with cash to spare must tread carefully

22 ROBERT AMSTERDAM

The West’s handling of autocratic leaders leaves much to be desired

36

The Briefing

Family law 26 TO THE VICTOR, THE SPOILS

Lessons from lawyers working in the high-stakes world of UHNW divorce

30 WASSER WOULDN’T MELT

How Laura Wasser helps Hollywood’s biggest names divorce with minimal fuss and away from the public eye

32 BURIED TREASURE

The dark game of hide-and-seek that can develop during HNW divorce battles as one side’s assets go missing

Education 34 ADMITTING THE PROBLEM

The tough admissions system at many top schools is becoming a major problem for children and parents

37 SCHOOLS’ SUMS

DON’T ADD UP The pandemic has squeezed schools’ finances from all sides, with boarding schools the hardest hit

38 CULTURE SHOCK

How private schools are reacting to the allegations of widespread sexual abuse by pupils

40 ETON’S ROUNDHEAD

Alec Marsh explores the ructions at the world’s most famous school, whose head is under fire over his attempts to modernise it