List of the largest family businesses

The following list contains the world's 50 largest family businesses by revenue. All data comes from the Family Business Index 500 report by the British auditing firm Ernst & Young and the University of St. Gallen, which lists the 500 largest family businesses in the world. All 500 companies on the list had a combined turnover of $7.3 trillion in 2020. Companies that have not published financial statements in the last 24 months are not included in the ranking.[1] In 2020, U.S. retailer Walmart was the largest family business company in the world, with sales of more than $500 billion.

Top 50

edit

The ranking only lists companies that are managed by the same family in at least the second generation. To qualify as a family business, family members must continue to be involved in the management of the company, either on the board of directors, in the executive management or on the supervisory board. In addition, the family must hold at least 50 percent of the shares or voting rights in private companies and at least 32 percent of the shares in public companies.[1]

Rank Company Country Revenue
in bn. US$ (2020)[2]
Family (shareholding)
1 Walmart   United States 559.1 Walton family (48.9%)
2 Berkshire Hathaway   United States 245.5 Buffett family (37.2%)
3 Exor   Italy 145.3 Agnelli family (53.0%)
4 Schwarz Group   Germany 140.0 Schwarz family (100%)
5 Ford Motor Company   United States 127.1 Ford family (40.0%)
6 BMW   Germany 122.2 Quandt family (46.8%)
7 Koch Industries   United States 115.0 Koch family (84.0%)
8 Cargill   United States 114.6 Cargill-Macmillan family (85.0%)
9 Comcast   United States 103.6 Roberts family (33.8%)
10 Dell Technologies   United States 94.2 Dell family (75.0%)
11 Robert Bosch GmbH   Germany 87.0 Bosch family (100%)
12 Reliance Industries   India 79.5 Ambani family (44.3%)
13 SK Group   South Korea 73.9 Chey family (32.7%)
14 Country Garden   China 71.1 Yang Guoqiang family (59.3%)
15 Schaeffler Group   Germany 70.5 Schaeffler family (100%)
16 Roche Holding   Switzerland 68.5 Hoffman and Oeri families (50.1%)
17 LG Corporation   South Korea 58.1 Koo family (33.7%)
18 LVMH   France 54.8 Arnault family (47.5%)
19 George Weston Limited   Canada 54.7 Weston family (53.2%)
20 Aditya Birla Group   India 53.5 Birla family (100%)
21 ArcelorMittal   Luxembourg 53.3 Mittal family (35.6%)
22 JBS S. A.   Brazil 52.2 Batista family (35.8%)
23 América Móvil   Mexico 51.0 Slim family (52.9%)
24 Gunvor   Switzerland 50.0 Törnqvist family (100%)
25 Anheuser-Busch InBev   Belgium 49.7 Sicupira, Telles und Lemann families (33.6%)
26 Hanwha Group   South Korea 46.8 Kim family (38.1%)
27 Midea Group   China 43.5 He family (32.0%)
28 Tyson Foods   United States 43.2 Tyson family (70.6%)
29 Idemitsu Kōsan   Japan 42.0 Idemitsu family (37.6%)
30 Groupe Casino   France 41.8 Naouri family (56.5%)
31 A. P. Møller-Mærsk   Denmark 40.0 Mærsk Mc-Kinney Uggla family (70.6%)
32 Power Corporation of Canada   Canada 39.5 Desmarais family (50.6%)
33 Auchan   France 38.9 Mulliez family (95.0%)
34 Nike   United States 37.4 Knight family (84.2%)
35 Mars Incorporated   United States 37.0 Mars family (100%)
36 Aldi   Germany 35.6 Albrecht family (100%)
37 Reyes Holdings   United States 35.0 Reyes family (100%)
38 Tata Motors   India 34.9 Tata family (46.4%)
39 Porsche   Germany 34.6 Porsche-Piëch family (58.3%)
40 CK Hutchison Holdings   Hong Kong 34.4 Li family (56.2%)
41 L’Oréal   France 33.6 Bettencourt-Meyers family (33.2%)
42 Louis Dreyfus Company   Netherlands 33.6 Louis-Dreyfus family (96.0%)
43 Phoenix Pharmahandel   Germany 33.0 Merckle family (100%)
44 Penske Corporation   United States 32.0 Penske family (60.0%)
45 CMA CGM   France 31.5 Saadé family (74.1%)
46 H-E-B Grocery   United States 31.2 Butt family (100%)
47 Mercadona   Spain 29.8 Roig family (100%)
48 Bolloré   France 29.7 Bolloré family (75.4%)
49 Pilot Flying J   United States 29.5 Haslam family (50.1%)
50 CJ Group   South Korea 29.4 Lee family (44.8%)

References

edit
  1. ^ a b magazin, manager. "Die Top Ten der größten Familienunternehmen weltweit". www.manager-magazin.de (in German). Retrieved 3 October 2021.
  2. ^ "EY and University of St.Gallen Global Family Business Index".