The study stated at family-controlled companies generate about 47% higher return on equity when compared to a public company. This is due to the fact that being in a family brings stability and keeps the goals of the company sharp and focused. The US and European-based family businesses get lower returns than their counterparts. However, there is no denying that investing in a family-owned firm is advantageous. In this list, we have ranked on the basis of their revenue for the year 2016. Here is Insidermonkey expert's list of 15 Largest Family-Owned Businesses In The US.
Many families work together for a common goal, such as public welfare, a business, or others. You can check out this list where we have out together the Largest Family-Owned Businesses In The US. These families earn about $1.5 trillion annually combined. This is about 40% of the 2016 US budget! One family owned business’s revenue is more than the budget of many country’s governments! There are many who think that so much wealth in the hands of few people could be dangerous. You can also check our list of 11 biggest family offices in the world.
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