1. *Wal-Mart Stores
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- 89. *Haci Ömer Sabanci Holding
- Patriarch Carlos Slim Helu
- 94. De Beers Consolidated Mines
- Ernest Oppenheimer
- 97. *Fomento Económico Mexicano (FEMSA)
- 99. *HM Hennes Mauritz AB
- 102. Saudi Binladin Group
- 110. *Fomento de Construcciones y Contratas
- 112. *Italmobiliare S.p.A.
- 114. *Kumagai Gumi Co. Ltd.
- 117. Advance Publications
- 122. McCain Foods Limited
- 123. *Cablevision Systems
- 126. *Espírito Santo Financial Group S.A.
- 127. Lefrak Organization
88. *Nordstrom (84) Nordstrom/Seattle Industry: Clothing stores Founded: 1901 Revenues: $5.975 billion Employees: 52,000 www.nordstrom.com Swedish immigrant John W. Nordstrom opened Seattle shoe store 1901, retired 1928. His three sons built it into largest independent U.S. shoe chain by 1963. Grandsons Bruce, John and Jim Nordstrom and cousin-in-law Jack McMillan diversified into upscale specialty retailing; now 140 stores in 25 states, known for impeccable service. Family owns about 30% of stock. Founder’s grandsons all retired 1995; six fourth-generation Nordstroms (Bill, Blake, Dan, Erik, Jim and Peter) were appointed to co-presidency, under a non-family CEO. Bruce Nordstrom, 69, came back from retirement 2000 as chairman; his son Blake, 42, is president. 89. *Haci Ömer Sabanci Holding (83) Sabanci/Istanbul, Turkey Industry: Conglomerate Revenues: $5.857 billion Employees: 31,380 www.sabanci.com.tr Company owns 40% of Akbank, one of Turkey’s largest banks; has operations in textiles, synthetic fibers, cement, cars, tires, food, energy, insurance, Internet access and tobacco. Chairman Sakip Sabanci, 70, and family own about 85%. More than a dozen relatives active, including (rarity for Turkey) women executives: Guler Sabanci, 49, helped build firm; Suzan Sabanci, 38, Boston University MBA being groomed to succeed her father, Erol, at Akbank. 90. Sonepar (80) Mulliez/Paris, France Industry: Electrical equipment Revenues: $5.846 billion Employees: 19,465 www.sonepar.com World’s leading distributor of electrical equipment, with 1,100 branches in 29 countries across four continents. 91. Marmon Group (79) Pritzker/Chicago Industry: Mining equipment, railroad cars Founded: 1953 Revenues: $5.756 billion Employees: 35,000 www.marmon.com Chicago lawyer A.N. Pritzker (1896-1986) used legal knowledge to assemble real estate and manufacturing empire that his sons Jay and Robert multiplied many times over through shrewd acquisitions and astute management (Hyatt Hotels, Marmon Group, American Medical International, etc.). Altogether about 550 facilities in more than 40 countries, still family-owned. Dealmaker Jay died in 1999; engineer Bob ran Marmon Group until retiring this year. See also H Group Holding, #198 below. 92. *Grupo Carso (85) Slim/Mexico City, Mexico Industry: Conglomerate Revenues: $5.595 billion www.gcarso.com.mx Sprawling conglomerate includes Sanborns department store chain, an 85% stake in Sears Roebuck de Mexico and troubled U.S. computer retailer CompUSA. Patriarch Carlos Slim Helu, 63, Latin America’s wealthiest man, and family own majority stake. Turned reins to son Patrick Slim Domit after 1997 heart attack; another son, Marco Antonio, 35, heads family’s financial arm. Carlos Slim is also chairman of Teléfonos de Mexico S.A., Mexico’s former phone monopoly. 93. *ERG S.p.A. (87) Garrone/Genoa, Italy Industry: Oil, energy Revenues: $5.506 billion Employees: 1,289 www.erg.it Independent oil company (formerly Raffinero Edoardo Garrone) with more than 2,100 retail outlets. Also distributes oil products directly to agricultural, industrial and utility customers. Now moving into electric power. Garrone family owns 60%, through Polcevera SA (Luxembourg). 94. De Beers Consolidated Mines (NR) Oppenheimer/Kimberley, South Africa Industry: Diamonds Founded: 1917 Revenues: $5.3 billion Employees: www.debeersgroup.com World’s largest diamond miner and marketer produces more than 38 million carats yearly. DBCM and sister company De Beers Centenary were taken private in 2001 under De Beers SA, a holding company owned by South Africa’s Anglo American and Oppenheimer family (45% each). Nicky Oppenheimer, grandson of Anglo American’s founder, Ernest Oppenheimer, is executive chairman; fourth generation also on board. 95. *Estée Lauder Cos. (96) Lauder/New York Industry: Cosmetics Founded: 1946 Revenues: $5.118 billion Employees: 21,500 www.elcompanies.com Founded by Joseph Lauder (d. 1983) and legendary wife Estée Lauder, now 95. Company today controls 45% of prestige cosmetics industry with Clinique, M.A.C., Aveda, etc. Son Leonard, 70, CEO, holds controlling stock (58%, good for 90% of voting stock) with brother Ronald, 59. Leonard’s son William, 42, is COO. 96. Dogus Group (91) Sahenk/Istanbul, Turkey Industry: Banking, construction Founded: 1951 Revenues: $5.1 billion Employees: 20,000 www.gbm.ru/garantiholding.htm Founder Ayhan Sahenk, now 74, launched Dogus (means “birth”) 1951, built into leading builder of Turkish roads, ports, hospitals. Diversified into banking 1970s; now 70% of business, with dominant role in Turkey’s banking system. Also in autos, retail, tourism, media and technology. With 12 acquisitions inn past three years, group now comprises more than 100 companies. Founder’s son Ferit Sahenk, 39, now chief executive, leading charge into Internet technology. 97. *Fomento Económico Mexicano (FEMSA) (88) Garza/Monterrey, Mexico Industry: Brewing Revenues: $5.096 billion Employees: 41,656 www.femsa.com Century-old FEMSA, as it’s known, is Mexico’s leading brewer and Coke bottler. Garza family owns 47% (also owns big stake in Grupo Financiero BBVA-Bancomer, #78 above). 98. *Pernod Ricard (NR) Ricard/Paris, France Industry: Distiller Revenues: $5.068 billion Employees: 12,526 www.pernod-ricard.com World’s third-largest spirits firm (Wild Turkey whiskey, Pernod, Ricard, Chivas Regal, etc.). Patrick Ricard is CEO. 99. *H&M Hennes & Mauritz AB (124) Persson/Stockholm, Sweden Industry: Clothing retailer Revenues: $5.026 billion Employees: 25,674 www.hm.com Designer and retailer of chic clothing sold in 845 H&M stores in 14 countries. First women’s store opened 1947 in Sweden as Hennes (Swedish for “hers”); company later bought the hunting and men’s clothing store Mauritz Widforss. Chairman Stefan Persson (son of founder Erling Persson) and family control company. 100. S.C. Johnson & Son (102) Johnson/Racine, Wis. Industry: Home and personal care products Founded: 1886 Revenues: $5 billion Employees: 9,500 www.scjohnson.com Founded by Samuel Johnson, carpenter who went from floors to polishes. Great-grandson Samuel C. Johnson, 75, longtime CEO, sustained kids’ involvement by creating separate fiefdom for each. Consumer products (Windex, Pledge, Glade, Edge, Saran Wrap, Off!) went to H. Fisk, 45, now chairman; commercial business (floor care, polymers) to S. Curtis, 48 (see Johnson Diversey, #187 below); recreation (Johnson Worldwide) already headed by daughter Helen Johnson-Leipold, 46. Fourth child, Winifred, on board of Johnson International and runs Johnson Family Foundation. 101. Lazard LLC (92) David-Weill/Paris, France Industry: Investment banking Revenues: $5 billion Employees: 2,750 www.lazard.com Legendary three-headed investment bank (Paris, London, New York) founded 1848 by three Lazard brothers, Parisian merchants in America. Cousin (also son-in-law) Alexandre Weill (died 1906) set up New York office 1850, formal bank 1880. Family-run ever since: Alexandre’s great-grandson Michel David-Weill, 70, controls (since 1977) what’s now world’s fourth-largest mergers and acquisitions adviser; our revenue estimate could be very conservative. Family holds 61% of voting control. David-Weill may be end of family line: son-in-law Edouard Stern left angrily 1997; non-family wizard Bruce Waserstein CEO since 2002. 102. Saudi Binladin Group (93) Bin Laden/Jeddah, Saudi Arabia Industry: Conglomerate Founded: 1931 Revenues: $5 billion Conglomerate founded as construction firm 1931 by Yemeni immigrant Mohammed bin Laden (or Binladin). Through ties to Saudi royal family, grew to include mining and telecommnunications. Founder had 54 sons. One, Bakr bin Laden, now heads company. Another, international terrorist Osama bin Laden, has allegedly been disowned by family. 103. *Bolloré (117) Bolloré/Puteaux, France Industry: Oil, transport Revenues: $4.967 billion Employees: 21,481 www.bollore.com Conglomerate’s prime activity is freight forwarding, port services, shipping lines; also distributes oil and makes film, thin papers, cigarettes, mainly in French-speaking parts of Africa. Chairman and CEO Vincent Bolloré and his family control more than 90% of voting rights. 104. *Koç Group (94) Koç/Istanbul, Turkey Industry: Conglomerate Revenues: $4.901 billion Employees: 39,866 www.koc.com.tr Conglomerate with more than 100 companies, from home appliance makers to auto makers to financial services. Its 21 listed companies account for 18% of Turkey’s market capitalization. Chairman Rahmi Koç, 72, and his family inherited about 81% of stock in parent Koç (pronounced “coach”) Holding. 105. Alticor (104) Van Andel and De Vos/Ada, Mich. Industry: Household products Founded: 1959 Revenues: $4.9 billion Employees: 11,000 www.alticor.com Holding company formed 2000 for four businesses, most notably Amway. High school buddies Jay Van Andel and Richard DeVos sold soap from DeVos’ Grand Rapids basement in 1948, subsequently enlisted more than 3 million reps to sell 450 products in more than 80 countries. Amway now one of world’s largest direct sales operations. DeVos, now 77, retired 1993; Jay, now 79, retired 1995. Their sons Dick DeVos, 37, and Steve Van Andel succeeded them as co-chief executives. 106. C&A (95) Brenninkmeijer/Vilvoorde, Belgium Industry: Retailing Revenues: $4.8 billion Employees: 30,000 www.c-and-a.com Four-hundred-year-old chain of 470 retail apparel shops in 12 European countries is owned by at least 150 members of secretive Brenninkmeijer family, who hold nearly all key positions and often communicate in a secret code. 107. *McGraw-Hill (99) McGraw/New York Industry: Publishing, advertising Founded: 1909 Revenues: $4.788 billion Employees: 16,505 www.mcgraw-hill.com Trade magazine publishers James H. McGraw Sr. and John Hill joined forces to create book company, 1909. Hill died 1916; McGraw and descendants built company into world’s largest textbook publisher, also important business information provider (Standard & Poor’s, Business Week, etc.). James Sr. retired 1935, died 1948; was succeeded in turn by sons James Jr. (Jay), Curtis and Donald. Their nephew Harold McGraw Jr. (b. 1918) beat out two cousins and an uncle for CEO job 1975; he’s been chairman emeritus since 1988. His son Harold (Terry) III, 55, is current CEO. McGraw family still owns 20% of stock. 108. *Porsche (115) Porsche-Piëch/Stuttgart, Germany Industry: Automobiles Revenues: $4.776 billion Employees: 10,143 www.porsche.com Fabled sports car maker also offers watches, luggage and tennis rackets a century after its founding. Descendants of founding family Porsche-Piëch clan own 76% of Porsche AG; they also own one of Europe’s most successful car dealers, Porsche Holding, in Austria. Ferdinand Piëch, 66, is chairman of Volkswagen, recently embarked on venture with Porsche to create luxury sport utility vehicles. 109. Tchibo Holding (97) Herz/Hamburg, Germany Industry: Coffee, tobacco Revenues: $4.728 billion Employees: 20,349 www.tchibo.de Major cigarette maker was founded by Max Herz in 1949. Under current leader Gunter Herz, 60, company has shifted from tobacco to coffee and cafés. Wholly owned by Herz family. 110. *Fomento de Construcciones y Contratas (98) Koplowitz/Barcelona, Spain Industry: Construction Revenues: $4.705 billion Employees: 52,078 www.fcc.es FCC is Spain’s leading construction group (highways, airports, dams, harbors, railways, and oil and gas pipelines). Founder’s daughter, deputy chairman Esther Koplowitz Romero de Juseu, owns 29%, shares control with Vivendi Environment, which owns 28%. 111. *Danaher Corp. (121) Rales/Washington, D.C. Industry: Industrial equipment Founded: 1982 Revenues: $4.577 billion Employees: 29,000 www.danaher.com Brothers Steven and Mitchell Rales started manufacturing company in their 20s, expanded through acquisitions into tools (Sears Craftsman hammers), components, process-environmental controls. They own 30% today. Steven 51, is chairman; Mitchell, 46, is chairman of executive committee. 112. *Italmobiliare S.p.A. (116) Pesenti/Milan, Italy Industry: Concrete, paper, services Revenues: $4.575 billion Employees: 18,489 www.italmobiliare.it Family holding group for top concrete maker Italcementi plus other construction materials firms. Subsidiaries in food packaging, transportation and finance operate in Asia, Europe and North America. 113. *Carnival Corp. (101) Arison/Miami Industry: Cruise line Founded: 1972 Revenues: $4.368 billion Employees: 37,200 www.carnivalcorp.com World’s largest cruise operator (13 cruise lines and 65 ships) reinforced its lead with $5.5 billion acquisition of Princess Cruises. CEO Micky Arison, 54, son of founder Ted Arison, and his family own about 35% of company. 114. *Kumagai Gumi Co. Ltd. (86) Kumagai/Tokyo, Japan Industry: Contractor Revenues: $4.358 billion Employees: 5,987 www.kumagaigumi.co.jp International general contractors, specializing in civil engineering projects (roads, subways, tunnels, dams) as well as golf courses and factories. Survived Japan’s real estate market bust after creditor banks forgave a record 430 billion yen in debt. 115. *Kelly Services (107) Kelly, Adderley/Troy, Mich. Industry: Business services Founded: 1946 Revenues: $4.324 billion Employees: 708,200 www.kellyservices.com William Russell Kelly (1905-1998), son of oil-drilling pioneer, started temporary office service in Detroit with $10,000. Brought in brothers Dick (later president), Jim and Ted. After founder’s wife was killed in auto crash 1947, he married employee Margaret Adderley and adopted her son Terence. Terence Adderley, now 70, joined 1958, became president 1967, has been chairman since father’s death. Company places 700,000 people a year in jobs through 2,400 offices in 26 countries. Adderley, now only family member at company, controls 92% of stock. 116. *Inditex (147) Ortega/La Coruna, Spain Industry: Clothing Founded: 1975 Revenues: $4.297 billion Employees: 32,535 www.inditex.com Designer-cum-retailer Industria de Diseno Textil (Inditex) sells trendy clothes on global scale. More than 1,300 shops in nearly 40 countries under six banners: Zara, Massimo Dutti, Pull & Bear, Bershka, Oysho and Stradivarius, mostly in Europe. Amancio Ortega Gaona founded Zara in 1975, later created Inditex as a holding company. Inditex went public in May 2001. 117. Advance Publications (100) Newhouse/Staten Island, N.Y. Industry: Newspapers, magazines Founded: 1922 Revenues: $4.2 billion Employees: 22,785 www.advance.net Founder Samuel I. Newhouse bought Staten Island Advance 1922, built disparate, unstructured chain overrun with some 20 relatives before his death, 1979. Somehow it works: Son Donald, 73, runs 25 profitable daily newspapers (Cleveland Plain Dealer, Newark Star-Ledger, etc.). His brother Si Jr., 75, runs less profitable but glitzier Condé Nast magazines, nation’’s second-largest magazine publisher (Vogue, Glamour, Vanity Fair, New Yorker). 118. Hallmark Cards (111) Hall/Kansas City, Mo. Industry: Greeting cards Founded: 1910 Revenues: $4.2 billion Employees: 20,000 www.hallmark.com Founder Joyce Hall (1891-1982) began as teenager, stamped company with notion that good taste pays (Hallmark Hall of Fame TV show, Hallmark Gallery in New York, Crown Center in Kansas City). Today 51% of all cards sold in U.S. are Hallmark cards. Hall family owns two-thirds, employees the rest. Founder’s son Donald, 75, stepped down as CEO 1986 but remains chairman; son Don Jr., 47, is CEO. 119. Levi Strauss (106) Haas/San Francisco Industry: Jeans manufacturer Founded: 1853 Revenues: $4.137 billion Employees: 12,400 www.levistrauss.com World’s #1 maker of brand-name clothes. Bavarian immigrant Levi Strauss (1829-1902) set up San Francisco dry goods house 1853; with tailor Jacob Davis, invented blue jeans 1873. Levi Strauss & Co. now one of world’s largest jeans makers. Bachelor Strauss left business to four Stern nephews, who ran it until 1928. Team of Stern son-in-law Walter Haas Sr. and brother-in-law Daniel Koshland ran firm next; their descendants still in control, with most family shares held in 15-year voting trust. Family LBO’d the company 1996 in $4.3 billion deal orchestrated by Strauss’s great-great-grandnephew Robert Haas, now 61. 120. *Jerónimo Martins (131) Soares dos Santos/Lisbon, Portugal Industry: Food retailing Revenues: $4.079 billion Employees: 30,722 www.jeronimomartins.pt Portugal’s second-largest food retailer, founded 1792. Chairman Alexandre Soares dos Santos and four of his seven children work in business, assisting with aggressive overseas expansion. Family owns 60% of group. 121. Oetker Group (110) Oetker/Hamburg, Germany Industry: Conglomerate Revenues: $4.054 billion Employees: 12,000 Wholly owned family conglomerate embraces breweries, shipping, baked goods, frozen pizza, U.S. real estate, resort hotels in France and Switzerland, Hamburg Süd shipping line. Group now run by brothers August, Christian and Richard Oetker. 122. McCain Foods Limited (129) McCain/Florenceville, New Brunswick, Canada Industry: Food processing Founded: 1957 Revenues: $4.016 billion Employees: 18,000 www.mccain.com McCain family began producing French fried potatoes in 1957, now world’s leading maker of French fries. Also produces frozen vegetables, juices, pizza and entrees. Family still owns the company, although some clan members split off in 1990s to run Maple Leaf Foods, Canada’s second-largest food processor (see #147 below). 123. *Cablevision Systems (NR) Dolan/Bethpage, N.Y. Industry: Cable TV Founded: 1973 Revenues: $4.003 billion Employees: 21,075 www.cablevision.com Company provides cable TV service to more than 3 million customers in and around New York City. Also operates national cable networks American Movie Classics and Women’s Entertainment, Madison Square Garden, NBA’s New York Knicks, NHL’s New York Rangers, plus Radio City Music Hall. Founder/chairman Charles F. Dolan, 76, and family own 26% of stock but control 76% of vote. Son James L. took over as CEO 1995. Also involved: Jimmy’s wife and his two older brothers. 124. *Murphy Oil (105) Murphy/El Dorado, Ark. Industry: Oil Founded: 1907 Revenues: $3.967 billion Employees: 4,010 www.murphyoilcorp.com Charles H. Murphy Sr. started investing in oil 1907; after World War I son Charles Jr. expanded into oil and gas production. After two non-family CEOs, founder’s grandson Claiborne Deming (Charles Jr.’s nephew), now 48, took over 1994. Now operates pipelines in U.S. and Canada, also runs 922 gas stations in U.S. and Britain, many on Wal-Mart lots. 125. *Richemont (NR) Rupert/Zug, Switzerland Industry: Luxury goods Revenues: $3.941 billion Employees: 14,978 www.richemont.com World’s second-largest luxury goods company (behind French rival LVMH Moët Hennessy Louis Vuitton); markets Cartier jewelry, Piaget and Baume & Mercier watches, Alfred Dunhill leather goods and Montblanc pens. Also owns 80% of jeweler Van Cleef & Arpels. Founded by South African entrepreneur Anton Rupert, who invented first king-sized cigarette; son Johann is now CEO. 126. *Espírito Santo Financial Group S.A. (126) Espírito Santo/Luxembourg-Kirchberg, Luxembourg Industry: Insurance, banking Revenues: $3.882 billion Employees: 10,127 www.esfg.com Holding company mainly comprising Companhia de Seguros Tranquilidade, Portugal’s #1 insurance firm, and Banco Espírito Santo. Most operations are in Portugal, but also in Brazil, Caribbean and U.S. (through its Espírito Santo Bank of Florida). Founding Espírito Santo family is largest stockholder in company. 127. Lefrak Organization (119) LeFrak/Rego Park, N.Y. Industry: Real estate Founded: 1905 Revenues: $3.8 billion Employees: 16,200 www.lefrak.com Giant home-building firm now in fourth, fifth and sixth generations: 70,000 middle-class apartments owned in New York, plus 40,000 managed (Lefrak City, etc.). Late patriarch Samuel J. LeFrak (1918-2003) started working for father Harry at age eight. His son Richard, 58, president since 1975, now transforming abandoned N.J. rail yards into $10 billion commercial and residential community along Hudson River. Sam’s grandsons Harrison and James also are in company. 128. BCD Holdings (118) van Vlissingen/Netherlands Industry: Travel, financial services Revenues: $3.8 billion Employees: 5,800 www.worldtravel.com Holding company for Netherlands’ wealthy van Vlissingen family, headed by John A. Fentener van Vlissingen, 64. Parent firm, now run by his brothers Paul and Frederik, evolved over seven generations from coal producer to oil/retailing/raw materials transporter. Centerpiece is BCD’s majority-owned World Travel Partners, Atlanta-based travel agency battling Carlson Wagonlit for #2 global ranking behind American Express. BCD also offers financial and real estate services. (See also SHV Holdings, #61 above.) 129. Cisneros Group (NR) Cisneros/Caracas, Venezuela Industry: Broadcasting Revenues: $3.8 billion www.cisneros.com One of world’s biggest media firms, with interests in broadcast and pay television, radio and Internet. Cisneros family owns company; Gustavo Cisneros is CEO. 130. *Adolph Coors (161) Coors/Golden, Colo. Industry: Beer Founded: 1873 Revenues: $3.776 billion Employees: 8,700 www.coors.com German immigrant Adolph Coors launched small beer company, now second largest in U.S. Founder’s great-grandson Peter Coors, 57, CEO, projecting more open, youthful image. Family members still control voting stock. Download 193.85 Kb. Share with your friends:
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