Famous Family Businesses
Founded by Sam Walton in 1962 in Arkansas, this retail giant is still controlled by his family and is the world’s largest 2nd company by revenue.
What is Walmart?
This word is used in the family business world to describe the next-generation.
What is Nextgen?
The Belcher family runs a struggling burger restaurant in this animated Fox sitcom, where the main character flips the burgers and a different “Burger of the Day” is always on the board.
What is Bob’s Burgers?
This hotel chain was founded by Conrad, whose great-granddaughter Paris became one of the most famous heiresses in America.
What is Hilton?
Approximately what percentage of businesses in the United States are family businesses?
What is 87%?
Henry founded this automaker in 1903, and his family still holds special voting shares. Its vehicles include the Mustang and the F-150.
What is Ford Motor Company?
This word describes passing leadership and ownership of a business from one generation to the next.
What is succession?
Logan Roy and his children fight over who will take over the media empire Waystar Royco in this HBO drama.
What is Succession?
This cosmetics empire was founded by a famous reality TV star whose mother, Kris Jenner, helped manage the family's business ventures.
What is Kylie Cosmetics?
Approximately what percentage of family businesses make it to the fourth generation or beyond?
What is 3%?
Founded by S. Truett Cathy and still run by the Cathy family, this chicken sandwich chain is famous for being closed on Sundays.
What is Chick-fil-A?
Hiring or favoring a relative because of the family tie rather than their skills is known by this “-ism.”
What is nepotism?
In this Emmy-winning sitcom, the formerly wealthy Rose family loses its fortune, which came from a chain of video stores, and moves to a small town they once bought as a joke.
What is Schitt’s Creek?
This luxury fashion brand was founded by Gianni, and his sister Donatella later became its creative director.
What is Versace?
Approximately what percentage of the U.S. private workforce is employed by family businesses?
What is 59%?
This family-owned company makes M&M’s, Snickers, and Skittles, and it’s still privately held.
What is Mars?
This formal group lets relatives meet to discuss family values and how the family relates to the business, separate from the company’s board.
What is a family council?
Lady Gaga played Patrizia Reggiani, who was convicted in the murder of her ex-husband Maurizio, in this 2021 film about a famous Italian fashion family.
What is House of Gucci?
This luxury fashion brand was founded by a father and later transformed into a global empire by his granddaughter, Miuccia, who also launched Miu Miu.
What is Prada?
Approximately what percentage of private-sector GDP is generated by family businesses?
What is 54%?
Founded in 1946, this privately held Italian company is now one of the world’s largest confectionery businesses and owns brands including Nutella, and Kinder.
What is Ferrero?
Nonfinancial benefits owners get from a business, like family identity, reputation, and legacy, are called this type of “wealth.”
What is socioemotional wealth?
Kevin Costner plays John Dutton, who fights to protect his family’s huge cattle ranch in Montana in this hit TV drama.
What is Yellowstone?
Bernard Arnault appointed his daughter Delphine to lead this iconic French luxury fashion house, famous for its handbags and perfumes.
What is Dior?
In a 2024 survey, what percentage of family businesses reported paying above-average salaries and benefits?
What is 46%?