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A lot of us do basically that, it's just less direct, and maybe not an actual family.
by draw_down 11y ago
A lot of us do basically that, it's just less direct, and maybe not an actual family.
- Dwolb 11y agoAgreed - but there are a lot of family businesses that do billions in revenue. A few off the top of my head are Cox Enterprises which does 17B in revenue and is owned 99% by the family, SC Johnson which does 11B and my understanding is it's mostly held by the family, and Hallmark which does $3.8B and is held by the family. We also could trace back family shareholders of large corporations who have gone public - Wal-Mart, Ford, etc.