Her son, Kenneth K. T. Yen, took over as chairman last year, and the business diversified to include textiles, electronics and construction.
Recently the business diversified again, this time into the vegetable crisp market, investing £1.4m into their existing factory on the farm.
However, by the 1920s, with the ascent of the automobile and a request from the Prince of Wales, the business diversified into travel and sport-related leather goods.
The Hells Angels have, like any good business, diversified.
Maria Sparagis, the President of DirectPayNet, which helps medium to high-risk businesses diversify their payment options, said fraud often happens through but not necessarily because of porn sites.
More often, it is because it makes financial sense for a family business to diversify.
On average, Britons are spending between £19,000 and £23,000 on tying the knot, so it's a huge market for entrepreneurs looking to either start a dedicated wedding business or diversify their existing operations.
"But while earning a good income from that one customer, you have two choices: grow your business and diversify your customer base or start putting away substantial sums of money in case that customer disappears".
For HSBC, the acquisition is part of its effort to increase its consumer lending business and diversify the geographic balance of its earnings so it can be less reliant on finicky markets in Asia and Europe.
Others suggest that businesses that diversify beyond their core usually do not remain in the new businesses for long.
