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Some Like It Trott

When rich and powerful families get into a sticky situations, they tend to call Warren Buffett’s favorite banker, Byron Trott.
When rich and powerful families get into a sticky situation, they tend to call Warren Buffett’s favorite banker, Byron Trott. Photo: Louis Lanzano/Bloomberg/Getty Images
William D. Cohan
January 31, 2024

It’s no surprise, really, that Shari Redstone, the heir to a shrinking family fortune and the controlling shareholder of Paramount Global, turned to Byron Trott, the founder of BDT & MSD Partners, to advise her on what she hopes will be the sale of National Amusements Inc., her family’s private holding company. Shari and her three children will need a lot of hand-holding through the vicissitudes of what promises to be a challenging sale process. “That’s where I come in,” the secretive Trott told Bruce Feiler for his 2013 book, The Secrets of Happy Families. “I’m here to give them the skills to keep their families together.”