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  2. A fam­ily business is a com­mer­cial or­ga­ni­za­tion in which de­ci­sion-mak­ing is in­flu­enced by mul­ti­ple gen­er­a­tions of a fam­ily, re­lated by blood or mar­riage or adop­tion, who has both the abil­ity to in­flu­ence the vi­sion of the busi­ness and the will­ing­ness to use this abil­ity to pur­sue dis­tinc­tive goals.
    A firm is said to be family-owned if a person is the controlling shareholder; that is, a person (rather than a state, corporation, management trust, or mutual fund) can garner enough shares to assure at least 20% of the voting rights and the highest percentage of voting rights in comparison to other shareholders.
    en.wikipedia.org/wiki/Family_business
     
  3.  
    RANKCOMPANYCOUNTRYREVENUEIN BN. US$ (2020) [2]
    1WalmartUnited States559.1
    2Berkshire HathawayUnited States245.5
    3ExorItaly145.3
    4Schwarz GroupGermany140.0
    5Ford Motor CompanyUnited States127.1
    6BMWGermany122.2
    7Koch IndustriesUnited States115.0
    8CargillUnited States114.6
    See all 50 rows on en.wikipedia.org
     
  4. WEBSep 20, 2016 · The 5 Models of Family Business Ownership. One of the first questions we ask clients is, “How do you own your family …

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    • WEBIt is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their …

    • WEBThe Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 – October 17, 1909) and his son-in …

    • Family Business Ownership is Simple. Or is It?

      WEBFeb 27, 2020 · Family Business Ownership is Simple. Or is It? February 27, 2020 | Professionalizing Ownership. A family business could imply both active ownership and passive roles for its members. Scott McCulloch …

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