List of the largest family businesses

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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

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]

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

Frunch

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References

  1. 1 2 magazin, manager. "Die Top Ten der größten Familienunternehmen weltweit". www.manager-magazin.de (in German). Retrieved 2021-10-03.
  2. "EY and University of St.Gallen Global Family Business Index".