History knows hundreds of examples of how a small family business grew to the size of large companies with millionth turnover. True, today many well-known brands have changed owners, who have owned for 100 years or more. So, once family businesses were Tissot, Chopard and Adidas.
In our today's Top 5 collected most successful family owned companieswhose owners manage to maintain control over the business.
5. Est? E Lauder Companies Inc
This American company is the most famous cosmetics producer in the world and the owner of such brands as Estee Lauder, Clinique, M • A • C, Donna Karan, Tommy Hilfiger, American Beauty. Este Lauder founded the company in 1946, which stood at the helm of her business for almost 50 years.
Today, the Lauder family owns more than 83% of the company. Est? E Lauder Companies Inc. He is an employer for 32 thousand people, and the annual profit of the company exceeds $ 210 million.
4. Siemens AG
The transnational concern is one of the world's largest manufacturers of electronics, transport, energy equipment, lighting. The company's shares are included in the base for calculating such important stock indices as DAX, S&P, Dow Jones.
The founder of the company in 1847 was a German engineer Werner Siemens, financially supported by a cousin Johann Georg Siemens. The heirs of Werner Siemens turned the company of his grandfather into a powerful corporation, represented in 190 countries. Today, Siemens employs 405 thousand people.
3. Ford Motor Co
The American automobile company is included in the ratings of Fortune 500 and Global 500. The founder of the company in 1903 was Henry Ford, who became famous for being the first to use the conveyor in the process of assembling a car.
For over 100 years, Ford Motor Co has been owned by the Ford family. Ford employs 350 thousand people, and annual profit is more than $ 160 billion.
2. Walmart Stores
The American retail company operates the world's largest retail chain under the Walmart brand. The company is owned by the Walton family, and the son of the company's founder, Robson Walton, is the chairman of the board of directors.
The Walmart network includes more than 10 thousand stores in 27 countries. The company's annual profit is more than $ 200 billion. The total number of employees is more than 2 million people.
1. Samsung Group
One of the world's largest concerns dates back to the rice flour workshop opened in the 1930s by Korean Lee Ben Chol. There is a legend that Lee Ben found money to start a business on the ruins of a burnt house.
Samsung in translation means "three stars." It is believed that the company was named after the three sons of Lee Ben Chol, the youngest of whom, Lee Kun Hee, has long been the head of the family business. Despite his resignation, Lee Kun Hee is the owner of a large stake in the company, as well as the richest person in South Korea.
Today, the annual turnover of the Samsung group of companies is more than $ 200 billion.
