If they were a sovereign state, the 13 largest wholly-owned family businesses in the US would have the 45th largest GDP in the world, despite having a population only slightly larger than Suriname. Think about that for a moment and reflect on the fact that because they are 100% family-owned they have a degree of control of which any government would be envious. Below we’ve analysed the ground-breaking research from Campden Research into the world’s top 30 wholly-owned family businesses and found how dominant these US businesses are in a select number of sectors. Is there a story to tell in these statistics? Does having total ownership over a company allow businesses to grow bigger quicker because of that total control over decision-making? Food for thought.
Alternatively, view the Top 13 wholly-owned US family businesses infographic here