> DAX is made of the 40 most valuable *listed* German companies https://www.famcap.com/top-500-german-family-businesses-the-economy-most-dependent-on-family-en

> DAX is made of the 40 most valuable *listed* German companies https://www.famcap.com/top-500-german-family-businesses-the-economy-most-dependent-on-family-enterprises/ https://www.famcap.com/top-500-german-family-businesses-the-... Not all of those are listed, or listed in Frankfurt