Biggest family businesses keep going strong

Family businesses are growing faster than the global economy – reveals the latest Global Family Business Index ranking by EY and the University of St. Gallen. On the Top 500 list of global family businesses we can find companies such as BMW, Roche, L’Oréal, Prada and SPAR. Compared with 2021, the firms on the list grew by 10%. The number one is Wal-Mart, owned by the American family Walton, with USD 573bn sales revenue.