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Famous companies that are still family-owned

The world's largest family-controlled firms
40th: CK Hutchison Holdings (Li family)
40th: CK Hutchison Holdings (Li family)
39th: Porsche Automobil Holding SE (Porsche-Piëch family)
39th: Porsche Automobil Holding SE (Porsche-Piëch family)
38th: Tata Motors (Tata family)
38th: Tata Motors (Tata family)
37th: Reyes Holdings (Reyes family)
37th: Reyes Holdings (Reyes family)
36th: ALDI Group (Albrecht family)
36th: ALDI Group (Albrecht family)
35th: Mars (Mars family)
35th: Mars (Mars family)
34th: Nike (Knight family)
34th: Nike (Knight family)
33rd: Groupe Auchan (Mulliez family)
33rd: Groupe Auchan (Mulliez family)
32nd: Power Corp. of Canada (Desmarais family)
32nd: Power Corp. of Canada (Desmarais family)
31st: AP Moeller/Maersk Group (Mærsk/Mc-Kinney/Moller/Uggla family)
31st: AP Moeller/Maersk Group (Mærsk/Mc-Kinney/Moller/Uggla family)
30th: Casino Guichard Perrachon (Naouri family)
30th: Casino Guichard Perrachon (Naouri family)
29th: Idemitsu Kosan (Idemitsu family)
29th: Idemitsu Kosan (Idemitsu family)
28th: Tyson Foods (Tyson family)
28th: Tyson Foods (Tyson family)
27th: Midea Group (He family)
27th: Midea Group (He family)
26th: Hanwha Corporation (Kim family)
26th: Hanwha Corporation (Kim family)
25th: Anheuser-Busch InBev SA (Sicupira, Telles and Lemann families)
25th: Anheuser-Busch InBev SA (Sicupira, Telles and Lemann families)
24th: Gunvor SA (Törnqvist family)
24th: Gunvor SA (Törnqvist family)
23rd: América Móvil SA de CV (Slim family)
23rd: América Móvil SA de CV (Slim family)
22nd: JBS SA (Batista family)
22nd: JBS SA (Batista family)
21st: ArcelorMittal (Mittal family)
21st: ArcelorMittal (Mittal family)
 20th: Aditya Birla Group (Birla family)
 20th: Aditya Birla Group (Birla family)
19th: George Weston Ltd. (Weston family)
19th: George Weston Ltd. (Weston family)
18th: LVMH Moët Hennessy Louis Vuitton SA (Arnault family)
18th: LVMH Moët Hennessy Louis Vuitton SA (Arnault family)
17th: LG Corporation (Koo In-Hwoi family)
17th: LG Corporation (Koo In-Hwoi family)
16th: Roche Holding AG [Roche Group] (Hoffmann-La Roche family)
16th: Roche Holding AG [Roche Group] (Hoffmann-La Roche family)
15th: INA-Holding Schaeffler GmbH & Co. KG (Schaeffler)
15th: INA-Holding Schaeffler GmbH & Co. KG (Schaeffler)
14th: Country Garden Holdings Co Ltd (Yang Guoqiang)
14th: Country Garden Holdings Co Ltd (Yang Guoqiang)
13th: SK Corp. (Chey family)
13th: SK Corp. (Chey family)
12th: Reliance Industries Ltd. (Ambani family)
12th: Reliance Industries Ltd. (Ambani family)
11th: Robert Bosch GmbH (Bosch family)
11th: Robert Bosch GmbH (Bosch family)
10th: Dell Technologies Inc. (Dell family)
10th: Dell Technologies Inc. (Dell family)
9th: Comcast Corp (Roberts family)
9th: Comcast Corp (Roberts family)
8th: Cargill, Incorporated (Cargill MacMillan family)
8th: Cargill, Incorporated (Cargill MacMillan family)
7th: Koch Industries Inc (Koch family)
7th: Koch Industries Inc (Koch family)
6th: BMW AG (Quandt family)
6. BMW AG (Quandt family)
5th: Ford Motor Company (Ford family)
5th: Ford Motor Company (Ford family)
4th: Schwarz Gruppe (Schwarz family)
4th: Schwarz Gruppe (Schwarz family)
3rd: EXOR SpA (Agnelli family)
3rd: EXOR SpA (Agnelli family)
2nd: Berkshire Hathaway (Buffett family)
2nd: Berkshire Hathaway (Buffett family)
1st: Walmart Inc. (Walton family)
1st: Walmart Inc. (Walton family)
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Joe Seer/Shutterstock

The world's largest family-controlled firms

When you think of a family business, you might picture a cosy cafe or corner store. But it's not just local companies that like to keep things in the family. Some of the world's biggest corporations are still family run, from multinational supermarkets to sportscar brands. Read on to see the 40 largest family-owned firms on the planet, according to the latest Global Family Business Index 2021, compiled by the Center for Family Business at the University of St. Gallen in Switzerland.

According to the Center for Family Business, a privately-held firm is considered family-owned if a family controls more than 50% of the voting rights, while a publicly-held company is defined as family-owned if a family holds at least a 32% share of the voting rights. All company revenue figures quoted in this piece have been provided by St. Galen University. 

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lovemoney staff

20 October 2021

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