Bacredi Family Trust
The Bacredi Family Trust is a privately held company held mainly by members of the Bacredi family and their chosen trustees. The Bacredi Family Trust is headed by a Trade Minister, who currently is James Latterly. The Bacredi Family Trust is entitled to all holdings owned by the Bacredi Family through the House of Bacredi's domain. Such things being Rentmore Manor, the Bacredi Family Compound, numerous homes around the galaxy, the Royal and Allied Flotilla fleet, the entire asset of the House of Bacredi (which stands at 300 million credits), and the Bacredi Family Shipping Company. The grand total price tag of all the Bacredi Family Trust holdings stand at 1.4 billion credits, and is commonly associated with the Bacredi Family Shipping Corporation. The House of Bacredi has suggested that the Bacredi Family Trust become a publicly traded company, with Hans Heathrow and Tyr Bacredi offering to buy up to 90% of the stock. Heathrow, related to the Bacredi's through Nemo Bacredi, is a close friend of the Bacredi Family. The trusts purpose it to finance the Bacredi family's operations and investments, to cover family debt, and to maintain all House estates.
The Bacredi Family Trust was founded circa 553 BBY by the Head of House at the time, Baron James Bacredi of New Wales, who had donated most of his entire net worth to the Trust instead of his descendants. James Bacredi encouraged all of his relatives to do the same with their estates, in which the family members would have to lease out estates for a certain amount of time if they wanted to reside in it. This made most descendants of the family angry due to the fact that they would not just be given their estates, but they did the same with their descendants. In the year 302 BBY, the Bacredi Family Trust held 12 estates on Lianna, 2 on Handooine, 1 on Dantooine, 3 on Coruscant, 1 on Taris, 2 on Klatooine, 1 each on Prescott, Trottervick, Trafalagar, Hindur, and Mesa, along with countless others. The BFT had the largest surplus of funds that it ever had on record at the time, with a surplus of 3.4 billion credits to freely spend on the entire family. The BFT outfitted the family with an entire fleet of speeders and transports to freely take to any planet they wished. By the year 40 BBY, the Head of House Duke Sax-Courg of Hanover set the tradition of keeping a personal estate instead of donating it to the trust, something that has continued ever since the dissolution of the House—however, after Zhar and James Bacredi's decision to re-create the House of Bacredi, they both have donated their private residences and a large amount to the family fund. The Trust also has huge holdings that the family has poured into it, including renowned speeder maker Jaguar Company and the Bacredi Leyland Group, total assets of the businesses being 4.6 billion.
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Companies Owned[edit]
Bacredi Family Shipping Corporation[edit]
- See the Bacredi Family Shipping Company
Terragon[edit]
- See Terragon
Jaguar Company[edit]
The Jaguar Company is a Lianna based speeder company which also manufactures wheeled vehicles. The speeders are highly priced and have luxury interiors and fast engines.
Bacredi Leyland Group[edit]
Bacredi Leyland Group is a Lianna City based conglomerate grouping of companies, being made up of Barclays Bank, MG Rover Group, Zeger and Hebl Investments, Austin-Healey Motors, Mandelson Transport, and Edinburgh Shipping.
Barclays Bank[edit]
Barclays Bank is an investment bank based in Lianna City, Lianna, and is headed by the Chief Investor, the Lord Bacredi.
MG Rover Group[edit]
The MG Rover Group is a group of speeder companies based in Newcastle, Lianna. The company is headed up by the Lord Thurmond.
Zeger and Hebl Investments[edit]
Zeger and Hebl Investments is a small investment company based in Mountbatten, Lianna, and is lead in part by the Lord Bacredi.
Austin-Healey Motors[edit]
Austin-Healey Motors was formerly a subdivision of Jaguar Motors, and was eventually handed over its own company to the Bacredi Leyland Group. It produces extremely cheap speeders that are for the everyman.
Mandelson Transport, Edinburgh Shipping[edit]
Mandelson Transport and Edinburgh Shipping are two companies that were originally the Mandelson Edinburgh Group, until they both decided to split. Mandelson Transport does high end hyperspace transport from Lianna to 1,000 other worlds, while Edinburgh Shipping does the same thing but instead ships supplies.
