Palm Beach Welcomes the Elite Exclusive 1640 Society Family Office Wealth Forum

By hillary latos

Billionaires converged in Palm Beach at a private country club for the 1640 Society Family Office Wealth Forum which was limited to 100 people. This annual forum, labelled as the “Davos of the Hamptons” is traditionally held in Southampton every August, and for the first time this spring, the 1640 Society held a forum in Palm Beach. The sold out, invitationonly event brought together leading family members, family offices, and wealthy leaders from around the globe for closed door ‘family to family’ private discussions about issues affecting the global elite and top one percent. Because of the exclusivity, there is a rigorous approval process, and only a few hundred families are approved by a steering committee to join on an annual basis. Members include some of the most prominent family members, heirs and ultra high net worth investors from across the globe such as 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, along with international attendees such as the Mittal family from India and the Pears family from Europe.

The Forum was shortened to a half day, with timely and thought provoking panels such as, building a legacy through charitable giving with billionaire philanthropists Audrey and Martin Gruss, the benefits of private island ownership from a Bahamian family who owns several Bahamian islands including the only one in the world with its own jet runway, achieving longevity through alternative medicine and hyperbaric treatments at AVIV medical clinics, and investing in a post CV19 world through entrepreneurship with Latin American mogul Sandro Salsano and Outback Steakhouse founder Tim Gannon. Several CEO and CIOs of family offices and sovereign wealth funds joined Rick Pitcairn, CIO of Pitcairn to discuss asset allocation strategies. After a hiatus of social “live” events, families were happy to go out again to network and socialize with old friends while making new connections. The eve of the forum, guests attended an exclusive cocktail party at an oceanfront penthouse at 3550 South Ocean Blvd and feted philanthropist Audrey Gruss at the Impact Wealth cover party following the forum.

Given its success, this 1640 Society Family Office Wealth Forum will become an annual spring event held in Palm Beach.