Wednesday, August 1, 2018

Mega Companies that are Family Owned!

Did you know the following mega companies are still controlled by amazing family members? Even if they are publicly traded, family members still control the major share.
  • Michelin
  • Estée Lauder
  • Hallmark
  • Walmart
  • Cargill
  • L.L.Bean
What do Walmart, Chanel, Tata, Comcast, L'Oreal, and Dell have in common? They are also family owned mega billion businesses. Family businesses don't necessarily mean brick and mortar or mom and pop. One third of the S&P 500 companies are family owned! 

Scholars that study Family Business including John Davis of MIT Sloan's family business programs. Key source for family business statistics include Global Family Busines Index.
https://executive.mit.edu/faculty/profile/433-john-davis

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