22 Largest Family-Owned Businesses In the World

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7. Ford Motor Company (NYSE:F)

Total revenue in 2019 (in billions of dollars): 149.9

Total number of employees in 2019: 190,000

Ford Motor Company is 117 years old and was a pioneer automaker, bringing in new concepts such as large scale manufacture of cars, specialization and elaborate engineering sequences known as Fordism. What many people don’t know is that its subsidiary in Germany actually produced military vehicles and equipment for the Nazis during World War II.

Pixabay/Public Domain

6. Schwarz-Group

Total revenue in 2019 (in billions of dollars): 113.3

Total number of employees in 2019: 458,000

Schwarz Group is a German company and the biggest European retailer, operating famous grocery shops Kaufland and Lidl. At a global level, it is the fourth biggest retailer in the world.

Please continue to read about the 5 largest family-owned businesses in the world.

Disclosure: No positions. 22 largest family-owned businesses in the world is originally published on Insider Monkey.

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