To be fair, zero transparency, not little. The only people who know are the people who run the family office, and only a small number of those. Even most beneficiaries of family office structures often do not know. This is the odd result of the Trust Company structure used for the last 120 years or so in the US. Similar, but not identical, structures have endured for near-millennia in Japan, Germany, Italy and elsewhere.
This has dramatic effect only when they change investment strategies. Right now many are heading towards renewables, including Tesla. FWIW, there are technicalities that often permit non-disclosure when nearly everyone else must disclose.
The best ones are names little known. Historically that was how, for example, the Rockefeller clan controlled Chase Manhattan Bank, Citibank as well as The Seven Sisters. Somehow the various anti-Trust laws really only worked to disperse legal structures.
Now people like Jeff Bezos and Elon Musk are coping with these issues. Never, ever, confuse wealth with income.
As TSLA investors many of us need to begin to better understand these intricacies.
We then begin to understand why Texas or Florida domicile is nit a political choice but is an economic one. Obviously company domicile, especially Trusts like Family Offices need slightly different domicile.
