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1. *Wal-Mart Stores
(1)
Walton family
Discount retail chain/Bentonville, Ark.
Founded: 1962
Revenues: $217.8 billion
Employees: 1.38 million
www.walmartstores.com
From single store in Arkansas in 1962, founder Sam Walton (d. 1992) and
younger brother James L. (Bud) built Wal-Mart into world’s largest
retailer, with about 4,400 stores today (bigger than Sears, Kmart and
J.C. Penney combined). Sam’s descendants own about 38%. Sam's son
Robson, 58, is now chairman.
2. *Ford Motor
Co. (2)
Ford family
Auto manufacturer/Dearborn, Mich.
Founded: 1903
Revenues: $162.4 billion
Employees: 354,431
www.ford.com
Pioneering auto firm now in its fourth generation. Ford family still
owns about 40% of voting stock.
3. Cargill Inc.
(3)
Cargill/MacMillan family
International commodities trader/Minneapolis
Founded: 1865
Revenues: $49.4 billion
Employees: 95,000
www.cargill.com
World’s largest privately held company buys and sells grain, poultry,
beef, steel, seeds, salt and other commodities on six continents.
Cargill and MacMillan descendants, now in fourth and fifth generations,
have run the firm since founder’s death. Family members own about 85%,
key employees the rest.
4. Koch
Industries (6)
Koch family
Oil, gas, agriculture, etc./Wichita, Kan.
Founded: 1940
Revenues: $40 billion
Employees: 11,500
www.kochind.com
Founder Fred Koch’s vast empire of oil and gas services, cattle
ranches, coal mines, real estate ventures and manufacturing.
5. *Motorola
(5)
Galvin family
Telecommunications/Schaumburg, Ill.
Founded: 1928
Revenues: $24.2 billion
Employees: 121,000
www.motorola.com
Founder Paul Galvin (1895-1959) produced first practical radio for
automobiles and ran company as a one-man show until his death. Son Bob,
CEO 1959-90, moved company from TV sets into high-tech commercial and
industrial electronics. His son Christopher, 50, took charge in 1997.
6. *Viacom (NR)
Redstone family
Media and entertainment/New York
Founded: 1954
Revenues: $23.2 billion
Employees: 122,770
www.viacom.com
One of world’s largest media companies: movies, TV, radio, Internet.
Owns BET (Black Entertainment Television), CBS, Paramount Pictures,
United Paramount Network (UPN), MTV Networks (MTV, VH1, Nickelodeon),
Showtime Networks and Comedy Central (50%), also 39 TV stations,
publisher Simon & Schuster, and 82% of Blockbuster (the #1 video
rental chain). Michael Redstone started with drive-in movie theater in
1954. His son, current chairman and CEO Sumner Redstone, 79, controls
68% of firm; daughter Shari, 48, heads National Amusements theater
chain, which was nucleus of original company.
7. *Loew’s (7)
Tisch family
Tobacco, hotels, etc./New York
Founded: 1919
Revenues: $19.4 billion
Employees: 27,8200
www.loews.com
Entrepreneurial brothers Laurence and Preston (Bob) Tisch, now 79 and
76, started in real estate, gained control of Loew’s Theatres in 1959;
diversified into cigarettes, insurance, oil, hotels, media (CBS).
Tisches own more than 30% of stock.
8. Mars (9)
Mars family
Candy, rice, pet food/McLean, Va.
Founded: 1923
Revenues: $16.5 billion
Employees: 30,000
www.mars.com
Candy-making Minnesotans Frank and Ethel Mars invented the Milky Way
bar. Their secretive, driven son Forrest (1904-1999), supposed model for
Willy Wonka, feuded with his father, started his own candy company in
England, then merged with his late father’s business in 1964. Now the
#2 U.S. candy maker (behind Hershey). Since 1973, the company has been
run by Forrest’s three children.
9. Publix Super
Markets (11)
Jenkins family
Supermarkets/Lakeland, Fla.
Founded: 1930
Revenues: $15.4 billion
Employees: 126,000
www.publix.com
Founder George Washington Jenkins (d. 1996) opened chain that now
operates nearly 700 stores in four states. Son Howard, 49, is chief
executive.
10. *Weyerhaeuser
Co. (8)
Weyerhaeuser family
Timber products/Tacoma, Wash.
Founded: 1900
Revenues: $14.5 billion
Employees: 44,800
www.weyerhaeuser.com
One of largest U.S. forest products companies even before its
acquisition of Willamette Industries early this year. Timber baron
Frederick Weyerhaeuser and brother formed Weyerhaeuser Co. in 1900; the
firm is still family-run in fourth generation.
11. Bechtel Group
(10)
Bechtel family
Engineering and construction/San Francisco
Founded: 1898
Revenues: $14.3 billion
Employees: 40,000
www.bechtel.com
World’s largest construction company. Megaprojects include airports;
nuclear plants; trans-Alaska pipeline; Washington (D.C.) subway; the
Chunnel; and “new city” of Jubail, Saudi Arabia.
12. *Gap
(12)
Fisher family
Apparel stores/San Francisco
Founded: 1969
Revenues: $13.8 billion
Employees: 165,000
www.gap.com
Donald and Doris Fisher, now 74 and 70, opened their first jeans store
in 1969, just in time for jeans craze of the ’70s. With addition of
Banana Republic (1983) and Old Navy (1994), the chain now has more than
2,600 stores.
13. *News Corp.
(13)
Murdoch family
Media/New York
Founded: 1923
Revenues: $13 billion
Employees: 30,000
www.newscorp.com
Murdoch family owns about 31% of stock, 40% of voting stock in world’s
fourth-largest media/entertainment empire. Rupert Murdoch, 71, is still
in charge; son Lachlan, 31, named publisher of New York Post this
year, presumed successor. Son James, 29, also active.
14.
*Anheuser-Busch Cos. (15)
Busch family
Beer/St. Louis
Founded: 1860
Revenues: $12.91 billion
Employees: 23,432
www.anheuser-busch.com
Eberhard Anheuser took over struggling St. Louis brewery in 1860.
Bavarian immigrant Adolphus Busch married Eberhard’s daughter Lilly in
1861, joined brewery in 1864 and made it successful. Family still
controls 6% of stock. Presumed heir August Busch IV, 37, is now VP of
marketing.
15. *Winn-Dixie
Stores (14)
Davis family
Supermarkets/Jacksonville, Fla.
Founded: 1925
Revenues: $12.9 billion
Employees: 119,000
www.winn-dixie.com
Sunbelt’s largest grocery chain: 1,150 Winn-Dixie, Thriftway and
Marketplace stores in 14 states and the Bahamas. Descendants of founder
William Milton Davis own about 42%; three of them sit on Winn-Dixie's
board.
16. *General
Dynamics (17)
Crown family
Aerospace and defense/Falls Church, Va.
Founded: 1962
Revenues: $12.2 billion
Employees: 51,700
www.gendyn.com
Peppery Chicago dealmaker Henry Crown (1896-1990) became GD’s largest
shareholder. Son Lester, now 77, and his son James remain on the
company’s board by virtue of their 16.5 million shares.
17. Fidelity
Investments (16)
Johnson family
Mutual funds/Boston
Founded: 1930
Revenues: $11.1 billion
Employees: 33,186
www.fidelity.com
Leading mutual fund company worldwide, with 300 funds, 17 million
customers. Founder’s son Ned Johnson, 72, reduced ownership share in
parent FMR Corp. to 12% in 1995, making daughter Abigail, 40,
company’s largest shareholder (with 24%) and likely heir. Johnson
relatives and top Fidelity execs own the rest. Abigail, senior VP, runs
a Fidelity equity funds group.
18. *Tyson Foods
(28)
Tyson family
Food processor/Springdale, Ark.
Founded: 1935
Revenues: $10.8 billion
Employees: 124,000
www.tysonfoodsinc.com
Leading U.S. chicken supplier, with 28% of poultry market. John H.
Tyson, 48, grandson of founder John W. Tyson, is now chairman and
controls 80% of company’s voting power.
19. *Marriott
International (20)
Marriott family
Hotels, casinos/Washington, D.C.
Founded: 1927
Revenues: $10.2 billion
Employees: 140,000
www.marriott.com
From D.C. root beer stand opened in 1927, J. Willard Marriott
(1900-1985) and his wife, Alice, expanded into hotels and restaurants.
Son John, now 69, named president in 1964, added retirement homes,
financing. He now runs Marriott International while brother Richard, 63,
heads family’s Host Marriott luxury hotels division (see #49 below).
20. Meijer
(18)
Meijer family
Retailing and groceries/Grand Rapids, Mich.
Founded: 1934
Revenues: $10 billion
Employees: 80,000
www.meijer.com
Dutch immigrant Hendrik Meijer opened a barbershop in 1914; added
groceries to help pay the rent. Son Frederik, now 82, pioneered
“one-stop shopping” concept in 1960s, expanded chain to 160
mega-stores today. Still family-owned.
21. *Comcast
(24)
Roberts family
Broadcasting/Philadelphia
Founded: 1963
Revenues: $9.7 billion
Employees: 38,000
www.comcast.com
Nation’s third largest cable company, with 8.5 million subscribers
plus home shopping network QVC. Will be first if merger with AT&T
Broadband is approved. Founder Ralph Roberts, 81, remains chairman but
turned presidency to son Brian in 1990.
22. *Illinois
Tool Works (19)
Smith family
Industrial equipment/Glenview, Ill.
Founded: 1912
Revenues: $9.3 billion
Employees: 52,000
www.itw.com
After founding Chicago’s legendary Northern Trust Co. in 1889,
patriarch Byron L. Smith (1853-1914) financed two Swedish toolmakers to
form ITW, later handed its operation to his younger sons, Walter and
Harold C.
23. H.E. Butt
Grocery (23)
Butt family
Food stores, bread bakeries/San Antonio, Texas
Founded: 1905
Revenues: $9 billion
Employees: 60,000
www.heb.com
Nation’s 12th largest food retailer with 295 supermarkets. The company
is still family-owned, but founder’s grandson Charles Butt, now 64, is
a bachelor.
24. Cox
Enterprises (26)
Cox family
Newspapers, TV/Atlanta
Founded: 1898
Revenues: $8.7 billion
Employees: 76,000
www.coxenterprises.com
The company now owns 16 daily newspapers, cable systems and radio and TV
stations. Founder James M. Cox’s daughters Anne Chambers, 82 (U.S.
ambassador to Belgium under President Carter), and Barbara Anthony, 79,
control 98% of stock.
25. Huntsman
Corp. (25)
Huntsman family
Chemicals/Salt Lake City
Founded: 1970
Revenues: $8.5 billion
Employees: 14,000
www.huntsman.com
Acquisitions by CEO and founder Jon M. Huntsman, now 65, have made it
North America’s largest privately held chemical company. Six sons and
three sons-in-law all work in the business.
26. *Masco
(27)
Manoogian family
Building materials/Taylor, Mich.
Founded: 1929
Revenues: $8.36 billion
Employees: 55,400
Founder Alex Manoogian (d. 1996) perfected the single-handle Delta
faucet. His Yale-educated son Richard, now 66, took over in 1968 and
acquired more than 100 companies in the past 30 years.
27. *Dillard’s
(22)
Dillard family
Department stores/Little Rock, Ark.
Founded: 1938
Revenues: $8.2 billion
Employees: 57,257
www.dillards.com
Founder William T. Dillard’s department store chain (nation’s third
largest, behind May and Federated) operates some 340 upscale,
medium-sized stores in 30 states. Founder died in February, age 87. All
five children are active. Some 30 Dillard family members own 10% of
stock but control 99% of Class B stock, which elects two-thirds of the
company’s directors.
28. *Clear
Channel Communications (32)
Mays family
Broadcasting/San Antonio, Texas
Founded: 1972
Revenues: $8 billion
Employees: 35,700
www.clearchannel.com
Founder Lowry Mays, 66, started buying distressed radio stations in
mid-sized markets with fellow Texan Red McCombs. Company is now the
nation’s #1 radio station owner (some 1,200) and world’s largest
outdoor advertising company (more than 425,000 displays); also owns 19
TV stations.
29. JM Family
Enterprises (30)
Moran family
Auto dealerships/Deerfield Beach, Fla.
Founded: 1968
Revenues: $7.1 billion
Employees: 3,400
www.jmfamily.com
Chicagoan James Moran moved to Florida for his health in the 1960s;
acquired regional Toyota distributorship and built family company into
world’s largest independent auto dealer. Founder now 83; daughter Pat
is CEO.
30. Marmon Group
(29)
Pritzker family
Mining equipment, railroad cars/Chicago
Founded: 1953
Revenues: $6.5 billion
Employees: 40,000
www.marmon.com
Lawyer A.N. Pritzker (1896-1986) used his 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 50 countries. Dealmaker Jay
died in 1999; engineer Bob runs Marmon Group. (See also H Group Holding,
#78 below.)
31. Enterprise
Rent-A-Car (33)
Taylor family
Car rentals and leasing/St. Louis
Founded: 1957
Revenues: $6.3 billion
Employees: 50,000
www.enterprise.com
On a hunch that drivers would rather lease than buy, Jack Taylor
launched firm in basement of a Cadillac dealership. It now has 4,000
locations. Son Andy now runs company.
32. *Nordstrom
(34)
Nordstrom family
Clothing stores/Seattle
Founded: 1901
Revenues: $5.6 billion
Employees: 50,000
www.nordstrom.com
Swedish immigrant John W. Nordstrom opened Seattle shoe store in 1901,
retired in 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 83 stores nationwide, known for impeccable service. Bruce
Nordstrom, 68, came back from retirement in 2000 as chariman; his son
Blake, 41, is president.
33. *Dollar
General Corp. (47)
Turner family
Retail stores/Goodlettsville, Tenn.
Founded: 1939
Revenues: $5.32 billion
Employees: 48,000
www.dollargeneral.com
Chain of more than 5,500 discount stores in 27 states, mostly in
Southeast and Midwest. CEO Cal Turner Jr., grandson of founder, owns
about 15% of Dollar General.
34. *R.R.
Donnelley & Sons (31)
Donnelley family
Publishing, advertising/Chicago
Founded: 1864
Revenues: $5.3 billion
Employees: 33,000
www.rrdonnelley.com
Founder Richard R. Donnelley (1838-1899), Canadian saddlemaker’s
apprentice, opened a Chicago print shop in 1864. Sons Reuben (1864-1929)
and Thomas (1867-1955) established publishing house. Eventually printed
Bibles, Sears catalog, Yellow Pages, major magazines, etc.
35. *McGraw-Hill
(40)
McGraw family
Publishing, advertising/New York
Founded: 1909
Revenues: $4.65 billion
Employees: 17,135
www.mcgraw-hill.com
Trade magazine publishers James H. McGraw Sr. and John Hill joined
forces to create book company in 1909. McGraw and descendants built
company into world’s largest textbook publisher, also an important
business information provider (Standard & Poor’s, Business Week,
etc.). Harold (Terry) McGraw III, 54, is the current CEO. McGraw family
still owns 20% of stock.
36. *Estée
Lauder Cos. (38)
Lauder family
Cosmetics/New York
Founded: 1946
Revenues: $4.61 billion
Employees: 19,900
www.elcompanies.com
Founded by Joseph Lauder (d. 1983) and legendary wife, Estée, now 94.
The company today controls 45% of prestige cosmetics industry with
Clinique, M.A.C., Aveda, etc.
37. Advance
Publications (43)
Newhouse family
Newspapers, magazines/Staten Island, N.Y.
Founded: 1922
Revenues: $4.542 billion
Employees: 23,000
www.advance.net
Founder Samuel I. Newhouse bought Staten Island Advance in 1922,
built disparate, unstructured chain overrun with some 20 relatives
before his death in 1979. Somehow it works: Son Donald, 72, runs
profitable newspapers (Cleveland Plain Dealer, Newark
Star-Ledger, etc.). His brother Si Jr., 74, runs less profitable but
glitzier Condé Nast magazines (Vogue, Glamour, Vanity
Fair, New Yorker).
38. *Carnival
Corp. (52)
Arison family
Cruise line/Miami
Founded: 1972
Revenues: $4.535 billion
Employees: 33,200
www.carnivalcorp.com
World’s largest cruise operator (six cruise lines and 43 ships). CEO
Micky Arison and family own about 47% of company.
39. S.C. Johnson
& Son (42)
Johnson family
Home & personal care products/Racine, Wis.
Founded: 1886
Revenues: $4.5 billion
Employees: 9,500
www.scjohnson.com
Founded by Samuel Johnson, a carpenter who went from floors to polishes.
Great-grandson Samuel C. Johnson, 74, longtime CEO, sustained kids’
involvement by creating a separate fiefdom for each. (See also S.C.
Johnson Commercial Products, #126 below.)
40. *Murphy Oil
(NR)
Murphy family
Oil/El Dorado, Ark.
Founded: 1907
Revenues: $4.47 billion
Employees: 3,779
www.murphyoilcorp.com
Charles H. Murphy Sr. started investing in oil in 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 47, took over in 1994. Company now operates pipelines in
U.S. and Canada, also runs hundreds of gas stations in U.S. and Britain.
41. *Jabil
Circuit (45)
Morean family
Electronics/St. Petersburg, Fla.
Founded: 1966
Revenues: $4.33 billion
Employees: 17,097
www.jabil.com
The computer equipment maker was founded in a suburban Detroit garage;
now one of nation’s top makers of printed circuit boards and other
electrical components. Morean family owns 19%.
42. Levi Strauss
(36)
Haas family
Jeans manufacturer/San Francisco
Founded: 1853
Revenues: $4.259 billion
Employees: 16,700
www.levistrauss.com
World’s #1 maker of brand-name clothes. Bavarian immigrant Levi
Strauss (1829-1902) set up San Francisco dry goods house in 1853; with
tailor Jacob Davis, invented blue jeans in 1873. The family LBO’d the
company in 1996 in $4.3 billion deal orchestrated by Strauss’s
great-great-grandnephew Robert Haas, now 60.
43. *Kelly
Services (37)
Kelly/Adderley family
Business services/Troy, Mich.
Founded: 1946
Revenues: $4.257 billion
Employees: 698,600
www.kellyservices.com
William Russell Kelly (1905-1998), son of oil-drilling pioneer, started
temporary office service in Detroit with $10,000. Company places 700,000
people a year in jobs in 26 countries.
44. ContiGroup
Cos. (21)
Fribourg family
Grain, feed, food processing/New York
Founded: 1813
Revenues: $4 billion
Employees: 14,500
www.contigroup.com
Major global agribusiness firm (formerly Continental Grain) founded in
Belgium and still owned by founding Fribourg family. Has offices in ten
countries.
45. Hallmark
Cards (41)
Hall family
Greeting cards/Kansas City, Mo.
Founded: 1910
Revenues: $4 billion
Employees: 20,000
www.hallmark.com
Founder Joyce Hall (1891-1982) began as a 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.
46. *American
Financial Group (50)
Lindner family
Insurance, investments/Cincinnati
Founded: 1959
Revenues: $3.91 billion
Employees: 7,300
www.amfnl.com
Holding company for diverse family investments. Lindner family owns
almost 45%.
47. Milliken
& Co. (44)
Milliken family
Textiles/Spartanburg, S.C.
Founded: 1865
Revenues: $3.9 billion
Employees: 16,000
www.milliken.com
Deering Milliken, small woolen fabrics firm in Portland, Maine, started
by William Deerfield and Seth Milliken, who later bought out his
partner. Now 65 fabric and chemicals plants worldwide.
48. Lefrak
Organization (49)
LeFrak family
Real estate/Rego Park, N.Y.
Founded: 1905
Revenues: $3.8 billion
Employees: 16,200
www.lefrak.com
Giant home-building firm now in its fourth, fifth and sixth generations.
Current patriarch, Samuel J. LeFrak, 84, who started working for his
father, Harry LeFrak, at age eight, built thousands of middle-class
apartments in New York (Lefrak City, etc.).
49. *Host
Marriott (107)
Marriott family
Hotels and gaming/Bethesda, Md.
Founded: 1927
Revenues: $3.799 billion
Employees: 199
www.hostmarriott.com
Smaller luxury hotels arm of empire launched by J. Willard Marriott in
1927 with D.C. root beer stand. Owns 100 luxury hotels, most managed by
sister company Marriott International (see #19 above). Headed by
founder’s son Richard, 63; his brother John runs Marriott
International.
50. *Danaher
Corp. (51)
Rales family
Industrial equipment/Washington, D.C.
Founded: 1982
Revenues: $3.78 billion
Employees: 23,000
www.danaher.com
Brothers Steven and Mitchell Rales started manufacturing company in
their 20s, expanded through acquisitions into tools, components,
process-environmental controls. They own 30% today.
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51. Alticor
(35)
Van Andel and DeVos families
Household products (Amway)/Ada, Mich.
Founded: 1959
Revenues: $3.5 billion
Employees: 10,500
www.alticor.com
Holding company formed in 2000 for four businesses, most notably Amway.
High school buddies Jay Van Andel and Richard DeVos sold soap from
DeVos’s Grand Rapids basement in 1948, subsequently enlisted more than
3 million reps to sell hundreds of products in more than 80 countries.
Amway is now one of world’s largest direct sales operations.
52. Hearst
(60)
Hearst family
Media/New York
Founded: 1887
Revenues: $3.4 billion
Employees: 18,300
www.hearstcorp.com
Mining heir William Randolph Hearst (1863-1951) took over San
Francisco Examiner in 1887, New York Journal in 1895. Family
still controls empire of 12 dailies (including Houston Chronicle),
16 magazines (Harper’s Bazaar, Cosmopolitan, Town
& Country), TV, cable programming (ESPN, Lifetime).
53. Schneider
National (55)
Schneider family
Trucking/Green Bay, Wis.
Founded: 1938
Revenues: $3.09 billion
Employees: 18,775
www.schneider.com
Nation’s largest truckload carrier (14,000 tractors, 40,000 trailers)
started as one-truck business by Al Schneider. His son Donald joined
after graduating from Wharton School; introduced technology to trucking
(first to install satellite-based communications tracking system to find
lost trailers). Donald, 67, is current CEO.
54. *Neiman
Marcus Group Inc. (57)
Smith family
Department stores/Dallas
Founded: 1907
Revenues: $3.016 billion
Employees: 15,400
www.neimanmarcus.com
Legendary Dallas department store chain founded by Herbert Marcus, his
sister Carrie and her husband, Al Neiman, operates 33 stores in 20
states, plus two Bergdorf Goodman stores in New York. Founders’
families no longer involved, but family of chairman Richard A. Smith
controls about 13%.
55. *New York
Times (53)
Sulzberger family
Newspapers/New York
Founded: 1851
Revenues: $3.016 billion
Employees: 12,050
www.nytco.com
Tennessean Adolph Ochs (1858-1935) bought the Times in 1896,
rescued it from New York’s penny-paper wars by making it America’s
most respected newspaper. Sulzberger descendants own about 18% of stock,
elect two-thirds of directors.
56. Raley’s
Inc. (58)
Teel family
Food and drug stores/West Sacramento, Calif.
Founded: 1935
Revenues: $3 billion
Employees: 17,000
www.raleys.com
Arkansan Thomas P. Raley, 13th of 14 children, quit job as Safeway store
manager in California (1935) to open his own grocery in Placerville.
Introduced drive-in markets, pre-packaged meats, side-by-side drug and
grocery stores, etc. Today company owns 150 supermarkets.
57. J.R. Simplot
(61)
Simplot family
Food, agribusiness/Boise, Idaho
Founded: 1943
Revenues: $3 billion
Employees: 13,000
www.simplot.com
Founder Jack Simplot, now 93, ran away from home while in eighth grade.
He became a millionaire by 30; supplied dehydrated potatoes and
vegetables to U.S. troops in World War II; pioneered frozen French fries
in 1950s. Jack is now chairman emeritus; son Scott is chairman.
58. *Knight
Ridder (54)
Knight and Ridder families
Newspapers, media/San Jose, Calif.
Founded: 1892
Revenues: $2.9 billion
Employees: 19,000
www.kri.com
Charles L. Knight bought Akron (Ohio) Beacon-Journal in
1903, passed it to sons John and James on his death in 1933. They bought
Miami Herald in 1937, built respected chain of two dozen major
dailies. Herman Ridder (d. 1915) bought German-language Staats-Zeitung
in 1892 and passed it to his three sons, who built chain of 18 small
dailies. Knight-Ridder merger in 1974 left Knights in control, but CEO
today is Herman Ridder’s great-grandson P. Anthony Ridder, 62.
59. Wegmans Food
Markets (63)
Wegman family
Food markets/Rochester, N.Y.
Founded: 1916
Revenues: $2.9 billion
Employees: 29,072
www.wegmans.com
Company now has 60 stores, also pet foods, Chase-Pitkin Home &
Garden.
60. *Hasbro
(48)
Hassenfeld family
Toys, home entertainment/Pawtucket, R.I.
Founded: 1923
Revenues: $2.86 billion
Employees: 8,000
www.hasbro.com
Giant toy maker run successively by three sets of brothers. Founders
Henry and Hillel Hassenfeld were Polish immigrants who evolved from rags
into pencil boxes. Second generation: Harold Hassenfeld ran pencil
plant, brother Merrill took company into toys during World War II.
Merrill’s son Stephen died in 1989; his brother Alan, 53, now
chairman.
61. *A.G. Edwards
(59)
Edwards family
Stock brokerage/St. Louis
Founded: 1887
Revenues: $2.84 billion
Employees: 17,000
www.agedwards.com
One of oldest and largest U.S. retail brokerages. Founding Edwards
family still active; Benjamin F. (Tad) Edwards IV is vice chairman and
president.
62. Kohler
(62)
Kohler family
Plumbing products/Kohler, Wis.
Founded: 1873
Revenues: $2.8 billion
Employees: 20,000
www.kohlerco.com
John M. Kohler set up iron foundry; elder son, Walter J. Kohler, built
utopian company town around it. Marketing flair of Herbert Kohler Jr.,
63, CEO since 1972, turned prosaic toilets, sinks, tubs into colorful
status symbols; now 44 plants worldwide. He and sister Ruth Kohler
control most of the company.
63. *Comdisco
(46)
Pontikes family
Business services/Rosemont, Ill.
Founded: 1969
Revenues: $2.71 billion
Employees: 2,700
www.comdisco.com
Kenneth Pontikes (1940-1994) founded company as Computer Discount Corp.
Equipment leasing still 80% of sales; also technology services. After
founder died of colon cancer, son Nicholas, now 37, became CEO in 1999;
since departed. Family owns about 25% of stock.
64. Perdue Farms
(64)
Perdue family
Poultry/Salisbury, Md.
Founded: 1920
Revenues: $2.7 billion
Employees: 19,500
www.perdue.com
Arthur Perdue started table-egg poultry farm; son Frank joined in 1939
as third full-time employee, built into nation’s fourth-largest
poultry producer by high-visibility role as spokesman in TV, radio ads.
Frank’s son Jim succeeded him as the company’s CEO and spokesperson,
1991.
65. *Stryker
Corp. (NR)
Stryker family
Medical products/Kalamazoo, Mich.
Founded: 1964
Revenues: $2.602 billion
Employees: 12,839
www.strykercorp.com
Dr. Homer Stryker, inventor of the walking heel and other medical
devices, founded surgical instruments company in 1964. Founder’s son
and successor Lee died in plane crash in 1976. Since then, company has
been run by non-family CEO John Brown, 67, and expanded into medical
products. Family still owns nearly one-third.
66. Gilbane
(74)
Gilbane family
Construction/Providence, R.I.
Founded: 1873
Revenues: $2.6 billion
Employees: 1,700
www.gilbaneco.com
Founded by brothers William and Thomas Gilbane as carpentry and general
contracting shop in Providence; now a giant real estate developer and
contractor (National Air and Space Museum, Terminal V at Chicago’s
O’Hare Airport).
67. Gordon Food
Service (76)
Gordon family
Food distributor/Grand Rapids, Mich.
Founded: 1897
Revenues: $2.6 billion
Employees: 5,000
www.gfs.com
Dutch immigrant Isaac Van Westenbrugge founded butter-and-egg
distributor. High school senior Ben Gordon joined in 1916, married
Isaac’s daughter Ruth in 1921, later brought in brother Frank; company
renamed for them in 1942. Now distributes more than 12,000 items to
sanitation systems, restaurants, hospitals, schools, etc.
68.
*Alberto-Culver (72)
Lavin & Bernick families
Personal care products, food/Melrose Park, Ill.
Founded: 1955
Revenues: $2.49 billion
Employees: 16,100
www.alberto.com
Makes products for hair care (Alberto VO5, TRESemme), skin care (St.
Ives Swiss Formula), and personal care (FDS deodorant); sweeteners and
seasonings (Molly McButter, Mrs. Dash, SugarTwin); and household items
(Static Guard).
69. *Timken Co.
(NR)
Timken family
Ball bearings/Canton, Ohio
Founded: 1899
Revenues: $2.45 billion
Employees: 18,735
www.timken.com
Produces a wide range of ball bearings for aerospace, automotive,
industrial, and railroad industries. Founded in 1899 by retired carriage
maker Henry Timken and still controlled and run by his heirs. Chairman
and CEO William R. Timken Jr. represents the fifth generation.
70. *Wm. Wrigley
Jr. Co. (80)
Wrigley/Offield family
Food, gum/Chicago
Founded: 1892
Revenues: $2.43 billion
Employees: 10,800
www.wrigley.com
Philadelphian William Wrigley Jr. (1862-1933) arrived in Chicago in 1891
to run a branch of his father’s soap business. Chewing gum given away
to attract customers proved more popular than the soap, so he switched
products. Today, company is world’s largest chewing gum producer
(Spearmint, Juicy Fruit, Doublemint).
71. *Adolph Coors
(65)
Coors family
Beer/Golden, Colo.
Founded: 1873
Revenues: $2.429 billion
Employees: 5,500
www.coors.com
German immigrant Adolph Coors launched small beer company, now third
largest in U.S. with 11% of domestic market.
72. Connell
(82)
Connell family
Rice, sugar, heavy equipment/Westfield, N.J.
Founded: 1926
Revenues: $2.425 billion
Employees: 240
www.connellco.com
Grover Connell started as rice and sugar trader; his son Grover took
over in 1950, built firm into country’s largest broker/trader in rice,
sugar. Diversified into finance, real estate, heavy equipment leasing.
73. *Washington
Post (66)
Graham family
Newspapers/Washington, D.C.
Founded: 1877
Revenues: $2.417 billion
Employees: 12,300
www.washpostco.com
Financier Eugene Meyer bought failing Washington Post in
bankruptcy auction in 1933, turned it over to son-in-law Phil Graham
(1947), who made it profitable, added TV stations, Newsweek.
After his suicide (1963), shy widow Katharine took over, blossomed,
pushed company to new heights. Son Donald, 57, is CEO and chairman.
Family owns about 37%, votes two-thirds of board.
74. *Burlington
Coat Factory Warehouse (75)
Milstein family
Outerwear/Burlington, N.J.
Founded: 1924
Revenues: $2.4 billion
Employees: 22,000
www.coat.com
Founder Abe Milstein launched wholesale outerwear business 1924; son
Monroe expanded into retailing in 1950s. Now a chain of some 300
off-price, no-frills retail stores offering current brand names at
discount prices. Milstein family owns about 60%.
75. *Molex Inc.
(68)
Krehbiel family
Computer peripherals/Lisle, Ill.
Founded: 1938
Revenues: $2.37 billion
Employees: 16,845
www.molex.com
Fred Krehbiel invented Molex, an inexpensive plastic molding material
for toys, flowerpots. Son John Sr. took company into electrical
components. It’s now world’s second-largest connector manufacturer:
52 plants in 19 countries.
76. *American
Greetings (NR)
Sapirstein family
Greeting cards/Cleveland
Founded: 1906
Revenues: $2.356 billion
Employees: 37,600
www.corporate.americangreetings.com
Polish immigrant Jacob Sapirstein started one-man penny-postcard
business for immigrants with borrowed $50. Today it’s nation’s #2
greeting card company (behind Hallmark); acquired #3 Gibson Greetings in
2000. Founding Sapirstein family owns about 5% of stock but controls 30%
of voting power.
77. *Franklin
Resources (69)
Johnson family
Mutual funds/San Mateo, Calif.
Founded: 1947
Revenues: $2.355 billion
Employees: 6,800
www.frk.com
Nation’s fifth-largest mutual fund company: 245 funds. Charles B.
Johnson joined as CEO 1957 at age 23, still in charge today at age 69.
He and half-brother Rupert, executive VP and chief investment officer,
own one-third of company. Charles’s son William also active.
78. H Group
Holding (73)
Pritzker family
Hyatt Hotels, resorts/Chicago
Founded: 1957
Revenues: $2.3 billion
Employees: 70,000
www.hyatt.com
Umbrella group for Hyatt Hotels and Hyatt International; one of two
major companies run by Chicago’s Pritzker family (see also Marmon
Group, #30 above).
79. Springs
Industries (70)
Close family
Sheets, curtains, etc./Fort Mill, S.C.
Founded: 1888
Revenues: $2.28 billion
Employees: 18,200
www.springs.com
Company makes Springmaid and Wamsutta sheets, pillows, shower curtains,
bedspreads, towels and bath rugs; also infant apparel, fabrics, window
blinds and hardware for Wal-Mart, Target, etc. The Close family,
descendants of co-founder Leroy Springs, owns about 55%. Founder’s
great-great-granddaughter Crandall Close Bowles is CEO.
80. Belk
(71)
Belk family
Department stores/Charlotte, N.C.
Founded: 1888
Revenues: $2.24 billion
Employees: 18,500
www.belk.com
William H. Belk (1862-1952) opened small bargain store in Monroe, N.C.,
with $750 savings, $500 loan, promoted as “Cheapest Store on Earth.”
Brother John Belk (d. 1928) joined in 1891. Today the company owns 207
fashion stores in 13 Southern states. Founder ran company until his
death at age 89.
81. *Brown-Forman
(77)
Brown family
Beverages/Louisville, Ky.
Founded: 1870
Revenues: $2.208 billion
Employees: 7,400
www.brown-forman.com
Pharmaceutical salesman George Garvin Brown and half-brother started
with $5,500, created first sealed bottles for whiskey. Brands now
include Jack Daniels, Southern Comfort, Korbel; also Lenox china,
Hartmann luggage.
82. *Toll
Brothers (92)
Toll family
Luxury home builder/Huntingdon Valley, Pa.
Founded: 1967
Revenues: $2.208 billion
Employees: 2,725
www.tollbrothers.com
Nation’s leading builder of luxury homes was founded in 1967 by
brothers Robert and Bruce Toll, who still own about 34% of company
stock.
83. *Cintas
(78)
Farmer family
Industrial services/Cincinnati
Founded: 1929
Revenues: $2.16 billion
Employees: 24,193
www.cintas-corp.com
Founder Richard “Doc” Farmer started industrial laundry after being
laid off as a circus performer; he was joined by son Hershell. Company
now is nation’s largest supplier of uniforms.
84. *Simon
Property Group (85)
Simon family
Real estate development/Indianapolis
Founded: 1960
Revenues: $2.11 billion
Employees: 4,170
www.shopsimon.com
New York tailor’s son Melvin Simon moved to Indianapolis from New
York. With brothers Herb and Fred, he blanketed the Midwest with
shopping centers, merged with rival DeBartolo in 1996 to create
nation’s largest shopping center real estate investment trust. The
company currently owns or runs 253 shopping centers, including
Minnesota’s giant Mall of America, Washington's Pentagon City.
85. *Hillenbrand
Industries (84)
Hillenbrand family
Health care, funerals/Batesville, Ind.
Founded: 1884
Revenues: $2.107 billion
Employees: 10,200
www.hillenbrand.com
German immigrant’s son John A. Hillenbrand rescued Batesville Casket
Co. from bankruptcy in 1906, marketed first watertight caskets, added
hospital beds in 1928. His four sons diversified, took the company
public in 1971.
86. J.B. Hunt
(NR)
Hunt family
Trucking/Lowell, Ariz.
Founded: 1969
Revenues: $2.1 billion
Employees: 16,380
www.jbhunt.com
Arkansas sharecropper’s son Johnnie B. Hunt started as truck driver
hauling rice and poultry, launched his own trucking company in 1969 with
five trucks and seven refrigerated trailers. Now #2 truckload carrier in
the U.S. (behind Schneider National), with more than 10,700 tractors and
some 43,000 trailers and containers operating in 48 contiguous U.S.
states, Canada and Mexico. Founder, now 75 and senior chairman, owns 33%
of company with his family.
87. Carlson Cos.
(87)
Carlson family
Travel, hotels, restaurants/Minneapolis
Founded: 1938
Revenues: $2.083 billion
Employees: 71,000
www.carlson.com
Grocer’s son Curtis Carlson (1914-1999) created Gold Bond stamp
company with $55 loan, built it into family-owned conglomerate of
Radisson and Regent Hotels, Carlson Wagonlit Travel, Thomas Cook Group,
TGI Friday, Seven Seas cruises, etc. Ownership now shared by his two
daughters: Marilyn Nelson, 63, current CEO; and Barbara Gage, 60.
88. Ingram
Industries (81)
Ingram family
Books, shipping/Nashville, Tenn.
Founded: 1964
Revenues: $2.075 billion
Employees: 6,494
www.ingrambookgroup.com
Brothers Bronson and Fritz Ingram launched textbook supplies
distribution company, built it into diversified distribution juggernaut.
Bronson died in 1995; his widow, Martha, now 67, inherited the company.
She took computer distributor Ingram Micro public in 1996, split rest of
family empire among her three sons: Orrin is CEO of Ingram Industries,
which operates barges as well as Ingram Book Group (under brother John).
David runs separately constituted Ingram Entertainment (see #139 below).
89. Haworth
(101)
Haworth family
Office furniture/Holland, Mich.
Founded: 1948
Revenues: $2.06 billion
Employees: 14,500
www.haworth.com
Founder Gerrard W. Haworth invested parents’ savings in a custom wood
products firm in 1948; developed modular office partitions in 1954. He
was succeeded in 1976 by son Richard, now 60, who invented mobile office
panel with internal wiring, built company through acquisitions to
third-largest in office market.
90. Schnuck
Markets (83)
Schnuck family
Supermarkets/St. Louis
Founded: 1939
Revenues: $2 billion
Employees: 16,000
www.schnucks.com
Founded as small St. Louis grocery store; now operates 90 hypermarkets
(drugs, florist, salad bars, videos, etc.) in Missouri, Illinois,
Indiana. Chain stresses friendliness; still family-owned and -run. Craig
Schnuck is CEO, Scott Schnuck COO, Todd Schnuck CFO.
91. Demoulas
Super Markets (93)
Demoulas family
Grocery stores/Boston
Founded: 1954
Revenues: $2 billion
Employees: 11,000
Founded in 1954 when brothers George and Mike Demoulas bought their
parents’ mom-and-pop grocery store. Company now operates almost 60
grocery stores in Massachusetts and New Hampshire.
92. Golub Corp.
(95)
Golub family
Price Chopper supermarkets/Schenectady, N.Y.
Founded: 1932
Revenues: $2 billion
Employees: 19,500
www.pricechopper.com
Brothers Ben and Bill Golub opened grocery warehouse in Schenectady;
expanded to retailing. Company now runs about 100 low-cost Price Chopper
supermarkets in Northeast U.S. Golub family owns about 56%, employees
the rest.
93. Hunt
Consolidated (Hunt Oil) (125)
Hunt family
Oil, real estate/Dallas
Founded: 1934
Revenues: $2 billion
Employees: 2,500
www.huntoil.com
Holding company for oil and real estate businesses of Ray Hunt, son of
eccentric Texas wildcatter H.L. Hunt, who founded company in 1934
(reportedly with funds won from poker games).
94. *Weis Markets
Inc. (86)
Weis family
Grocery Stores/Sunbury, Pa.
Founded: 1912
Revenues: $1.99 billion
Employees: 19,000
www.weismarkets.com
Company runs about 160 grocery stores, mostly in Pennsylvania but also
in Maryland and four other states. Warring factions of Weis family
settled their differences in 2001 when some family members sold their
35%-plus stake. Chairman Robert F. Weis still owns 47%.
95. Crown Central
Petroleum (89)
Rosenberg family
Oil refiner/Baltimore
Founded: 1917
Revenues: $1.96 billion
Employees: 2,636
www.crowncentral.com
Independent oil refiner and marketer operates two refineries in Texas
with total capacity of 152,000 barrels per day, 346 retail service
stations in Mid-Atlantic and Southeastern U.S., and 13 product
terminals. Crown Central also offers fleet fueling services. Patriarch
Louis Blaustein (1869-1937) and son Jacob Blaustein (1892-1970) invented
first drive-in gas station, first high-test gas.
96. 84 Lumber
(88)
Hardy family
Building materials/Eighty Four, Pa.
Founded: 1956
Revenues: $1.9 billion
Employees: 5,000
www.84lumber.com
Joseph Hardy founded lumber retailer 84 Lumber; built it into nation’s
largest privately held lumber yard chain (430 stores). Known for
penny-pinching (no air conditioning or heating in stores), blunt
management style (fired multiple-sclerosis-stricken son in 1988). Tomboy
daughter Margaret Hardy-Magerko, now 36, a college dropout, learned
business from her father, took over in 1993, installed air conditioning
and heat in some stores. She owns about 80% of company.
97. Sheetz
(98)
Sheetz family
Convenience stores/Altoona, Pa.
Founded: 1952
Revenues: $1.9 billion
Employees: 7,500
www.sheetz.com
Company founded in 1952 by Bob Sheetz now operates 270 large convenience
stores in Pennsylvania and some adjacent states. Stephen Sheetz is
chairman, Stanton Sheetz president and CEO, Joseph Sheetz VP/finance.
98. Alex Lee Inc.
(96)
George family
Food services/Hickory, N.C.
Founded: 1931
Revenues: $1.89 billion
Employees: 8,500
www.alexlee.com
Food wholesaler/retailer founded by Alex and Lee George now serves more
than 600 retailers in the Mid-Atlantic and Southeast. George family
still controls; Boyd George is chairman and CEO.
99. J.F. Shea
(94)
Shea family
Home builder, contractor/Los Angeles
Founded: 1881
Revenues: $1.86 billion
Employees: 2,200
www.jfshea.com
Founded as plumbing business by John Shea; his sons and grandsons built
it into one of nation’s largest privately owned builders
(construction, financing, venture capital, civil engineering).
100. *AMERCO
(91)
Shoen family
U-Haul rentals/Reno, Nev.
Founded: 1945
Revenues: $1.81 billion
Employees: 16,800
www.uhaul.com
Parent of U-Haul International rents 200,000 trucks, trailers, and tow
dollies to do-it-yourself movers through some 1,400 company-owned
centers and 15,000 independent dealers in U.S. and Canada. Founder L.S.
Schoen had 12 children by three wives, was ousted 1986 by sons Joe and
Mark. Subsequent control battles escalated into lawsuits, fisticuffs and
even a murder. Family members still control stock; Joe is chairman.
|
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101. *Hovnanian
Enterprises (127)
Hovnanian family
Home builders/Red Bank, N.J.
Founded: 1959
Revenues: $1.74 billion
Employees: 1,945
www.khov.com
102. Leprino
Foods (97)
Leprino family
Cheese/Denver
Founded: 1950
Revenues: $1.71 billion
Employees: 2,500
www.leprinofoods.com
103. Brookshire
Grocery (99)
Brookshire family
Supermarkets/Tyler, Texas
Founded: 1921
Revenues: $1.69 billion
Employees: 10,750
www.brookshires.com
104. E&J
Gallo Winery (104)
Gallo family
Wines/Modesto, Calif.
Founded: 1933
Revenues: $1.65 billion
Employees: 3,600
www.gallo.com
105. Tishman
Realty & Construction (128)
Tishman family
Real estate development/New York
Founded: 1898
Revenues: $1.64 billion
Employees: 920
www.tishman.com
106. Rich
Products (102)
Rich family
Coffee Rich, frozen foods/Buffalo, N.Y.
Founded: 1945
Revenues: $1.62 billion
Employees: 7,000
www.richs.com
107. Delaware
North Cos. (113)
Jacobs family
Food services/Buffalo, N.Y.
Founded: 1915
Revenues: $1.6 billion
Employees: 25,000
www.delawarenorth.com
108. A.G. Spanos
Cos. (100)
Spanos family
Construction/Stockton, Calif.
Founded: 1960
Revenues: $1.56 billion
Employees: 600
www.agspanos.com
109. Day &
Zimmermann Group (103)
Yoh family
Engineering, construction/Philadelphia
Founded: 1901
Revenues: $1.554 billion
Employees: 23,000
www.dayzim.com
110. Follett
(109)
Follett family
College bookstores/River Grove, Ill.
Founded: 1873
Revenues: $1.554 billion
Employees: 8,000
www.follett.com
111. *Imperial
Sugar (90)
Kempner family
Sugar refiner/Sugar Land, Texas
Founded: 1905
Revenues: $1.553 billion
Employees: 3,250
www.imperialsugar.com
112. *Amkor
Technology Inc. (67)
Kim family
Semiconductors/West Chester, Pa.
Founded: 1968
Revenues: $1.52 billion
Employees: 21,600
www.amkor.com
113. Wawa
(106)
Wood family
Convenience stores/Wawa, Pa.
Founded: 1865
Revenues: $1.5 billion
Employees: 13,000
www.wawa.com
114. Frank
Consolidated Enterprises (108)
Frank family
Fleet leasing and management (Wheels)/Des Plaines, Ill.
Founded: 1939
Revenues: $1.5 billion
Employees: 600
www.wheels.com
115. Sierra
Pacific Industries (112)
Emmerson family
Lumber/Redding, Calif.
Founded: 1949
Revenues: $1.5 billion
Employees: 3,600
www.spi-ind.com
116. Cumberland
Farms (140)
Haseotes/Bentas family
Convenience stores/Canton, Mass.
Founded: 1938
Revenues: $1.5 billion
Employees: 6,545
www.cumberlandfarms.com
117. Asplundh
Tree Expert (119)
Asplundh family
Tree management/Willow Grove, Pa.
Founded: 1928
Revenues: $1.47 billion
Employees: 25,000
www.asplundh.com
118. W.L. Gore
& Associates (115)
Gore family
Fabrics, industrial products/Newark, Del.
Founded: 1958
Revenues: $1.4 billion
Employees: 6,600
www.gore.com
119. H.B. Zachry
(123)
Zachry family
Construction/San Antonio, Texas
Founded: 1924
Revenues: $1.4 billion
Employees: 14,000
www.zachry.com
120. Walsh Group
(117)
Walsh family
Construction/Chicago
Founded: 1898
Revenues: $1.39 billion
Employees: 5,000
www.walshgroup.com
121. *American
Eagle Outfitters (134)
Schottenstein family
Clothing retailer/Warrendale, Pa.
Founded: 1977
Revenues: $1.37 billion
Employees: 10,892
www.ae.com
122. Hunt
Construction Group (114)
Hunt family
General contractor/Indianapolis
Founded: 1944
Revenues: $1.352 billion
Employees: 664
www.huntconstructiongroup.com
123. Planet
Automotive (111)
Potamkin family
Auto dealerships/Coral Gables, Fla.
Founded: 1946
Revenues: $1.35 billion
Employees: 1,600
www.planetautomotive.com
124. Maritz Corp.
(116)
Maritz family
Marketing research, travel/St. Louis
Founded: 1894
Revenues: $1.32 billion
Employees: 6,200
www.maritz.com
125. American
Retail Group (118)
Brenninkmeyer family
Retail clothing stores/Norcross, Ga.
Founded: 1931
Revenues: $1.3 billion
Employees: 11,000
126. S.C. Johnson
Commercial Markets (39)
Johnson family
Floor care, hygiene, etc./Sturtevant, Wis.
Founded: 1886 (spun off 1999)
Revenues: $1.3 billion
Employees: 3,600
www.scjprofessional.com
127. Mary Kay
(124)
Ash family
Cosmetics/Dallas
Founded: 1963
Revenues: $1.3 billion
Employees: 3,600
www.marykay.com
128. *Perot
Systems (128)
Perot family
Information technology/Dallas
Founded: 1988
Revenues: $1.204 billion
Employees: 8,100
www.perotsystems.com
129. L.L. Bean
(130)
Bean family
Sporting goods/Freeport, Maine
Founded: 1912
Revenues: $1.2 billion
Employees: 4,700
www.llbean.com
130. Dart
Container (131)
Dart family
Cups, containers/Mason, Mich.
Founded: 1937
Revenues: $1.2 billion
Employees: 5,000
www.dartcontainer.com
131. Bashas’
(122)
Basha family
Food retailing/Chandler, Ariz.
Founded: 1932
Revenues: $1.2 billion
Employees: 8,000
www.bashas.com
132. *Goody’s
Family Clothing (120)
Goodfriend family
Department stores/Knoxville, Tenn.
Founded: 1913
Revenues: $1.19 billion
Employees: 10,000
www.goodysonline.com
133. *A.O. Smith
Corp. (121)
Smith family
Motors/Milwaukee
Founded: 1874
Revenues: $1.15 billion
Employees: 14,800
www.aosmith.com
134. American
Century Cos. (143)
Stowers family
Mutual funds/Kansas City, Mo.
Founded: 1958
Revenues: $1.11 billion
Employees: 3,000
www.americancentury.com
135. Duchossois
Industries (105)
Duchossois family
Racetracks, rail & military equipment/Elmhurst, Ill.
Founded: 1906
Revenues: $1.105 billion
Employees: 19,000
136. Goodman
Manufacturing (79)
Goodman family
Air conditioning, appliances/Houston
Founded: 1977
Revenues: $1.1 billion
Employees: 3,750
www.goodmanmfg.com
137. *McClatchy
Co. (126)
McClatchy family
Newspapers/Sacramento, Calif.
Founded: 1857
Revenues: $1.08 billion
Employees: 9,570
www.mcclatchy.com
138. Watkins
Associated Industries (139)
Watkins family
Trucking, seafood/Atlanta
Founded: 1932
Revenues: $1.08 billion
Employees: 10,000
www.watkins.com
139. Ingram
Entertainment (135)
Ingram family
Video distributor/LaVergne, Tenn.
Founded: 1964
Revenues: $1.057 billion
Employees: 1,200
www.ingramentertainment.com
140. *Meredith
Corp. (133)
Meredith family
Magazines, TV/Des Moines, Iowa
Founded: 1902
Revenues: $1.053 billion
Employees: 2,616
www.meredith.com
141. Rooney
Brothers (136)
Rooney family
Construction, electronics/Tulsa, Okla.
Founded: 1896
Revenues: $1.053 billion
Employees: 2,400
142. Longaberger
Co. (138)
Longaberger family
Handmade baskets/Newark, Ohio
Founded: 1973
Revenues: $1 billion
Employees: 8,000
www.longaberger.com
143. *M/I
Schottenstein Homes (142)
Schottenstein family
Home builder/Columbus, Ohio
Founded: 1976
Revenues: $977 million
Employees: 960
www.mihomes.com
144. McKee Foods
(145)
McKee family
Snack foods/Collegedale, Tenn.
Founded: 1934
Revenues: $900 million
Employees: 6,000
www.mckeefoods.com
145. P.C. Richard
& Son (146)
Richard family
Appliance stores/Farmingdale, N.Y.
Founded: 1909
Revenues: $880 million
Employees: 2,173
www.pcrichard.com
146. Berwind
Group (137)
Berwind family
Industrial equipment, etc./Philadelphia
Founded: 1874
Revenues: $850 million
Employees: 4,150
www.berwind.com
147. Goya Foods
(151)
Unanue family
Food products/Secaucus, N.J.
Founded: 1936
Revenues: $850 million
Employees: 2,500
www.goya.com
148. Wirtz Corp.
(144)
Wirtz family
Liquor, pro sports/Chicago
Founded: 1922
Revenues: $850 million
Employees: 2,000
149. Freedom
Communications (NR)
Hoiles family
Newspapers, TV/Irvine, Calif.
Founded: 1925
Revenues: $850 million
Employees: 8,000
www.freedom.com
150. Sutherland
Lumber Co. (148)
Sutherland family
Lumber stores/Kansas City, Mo.
Founded: 1918
Revenues: $825 million
Employees: 2,300
www.sutherlands.com
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