Top 50
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 | Elkann family and 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%) |