Family Business: Managing power or control by one family or same family group or blood relative more than 50%.

1. For you by Samit Shahi
By: Samit Shahi

2. Managing power or control by one family or same family
group or blood relative more than 50%
By: Samit Shahi

3. By: Samit Shahi

4. • Industry: Health Care
• Country: Switzerland
• Market Cap: $279 billion
• Family: Sandoz
Comment: Novartis is one of the the world's biggest drug
makers, created in 1996 after the merger between Sandoz
and Ciba-Geigy. Today, the descendants of Edouard Sandoz
(who founded Sandoz in 1886) own a substantial amount of
Novartis shares. The Sandoz Family Foundation is the
company’s single largest shareholder, and its president,
Pierre Landolt, sits on Novartis’ Board of Directors.
By: Samit Shahi

5. By: Samit Shahi

6. • Industry: Health Care
• Country: Switzerland
• Market Cap: $254 billion
• Family: Hoffmann-Oeri
Comment: Fritz Hofmann-La Roche founded a
coup syrup company that today develops some of the
best cancer drugs in the world. His heirs still control
at least half of the company’s bearer
shares, according to Bloomberg. The Hoffmann-Oeri
family controls the company through their voting
pool. The family has at least eight billionaires,
including Dr. Andreas Oeri and André Hoffmann
who both sit on the drugmaker’s Board of Directors.
By: Samit Shahi

7. By: Samit Shahi

8. • Industry: Consumer Staples
• Country: United States
• Market Cap: $241 billion
• Family: Walton
Comment: The Walton family owns about half of Walmart
through Walton Enterprises, according to Thomson Reuters
data. The 50% stake is valuable enough to put five heirs among
the wealthiest people in the world. Brothers Rob and Jim Walton
sit on the company's Board of Directors, and along with sister
Alice and sister-in-law Christy, each have a net worth hovering
around $35 billion. Cousins Ann Walton Kroenke and Nancy
Walton Laurie are also billionaires from their company shares.
Rob Walton's son-in-law Gregory Penner, succeeded him as
Walmart's Chairman last month.
By: Samit Shahi

9. By: Samit Shahi

10. • Industry: Information Technology
• Country: United States
• Market Cap: $225billion
• Family: Zuckerberg
Comment: Mark Zuckerberg has brought his family into
his Facebook empire, which he still owns just under one-
third of. His older sister Randi was a marketing executive at
the company before leaving to start her own
firm. Zuckerberg also gave his father 2,000,000 shares of
Facebook stock to thank him for providing him with some
money during the company's earliest years.
By: Samit Shahi

11. By: Samit Shahi

12.  Industry: Consumer Staples
 Country: Belgium
 Market Cap: $197 billion
 Family: Lemann, Sicupira, Telles
Comment: Private-equity group 3G Capital was behind
the 2008 merger that led to the creation of Anheuser-
Busch InBev. Today, 3G Principal Jorge Paulo Lemann —
Brazil's richest man — is the brewer's largest shareholder.
His partners Carlos Sicupira and Marcel Herrmann Telles
also hold large stakes in the company. Together, the three
men own about 26% of the company, and Lemann and
Telles sit on the board of directors
By: Samit Shahi

13. By: Samit Shahi

14.  Industry: Information Technology
 Country: United States
 Market Cap: $192 billion
 Family: Ellison
Comment: Larry Ellison is still Chairman and Chief
Technology Officer of the software company that helped
make him America's third richest man. He stepped down
as CEO in September of 2014. While his children, Megan
and David, both hold Oracle stock, it's unlikely that they
will take over the family business as they are both film
producers.
By: Samit Shahi

15. By: Samit Shahi

16.  Industry: Information Technology
 Country: South Korea
 Market Cap: $174 billion
 Family: Lee
Comment: Lee Kun-Hee helped grow his father’s
company, Samsung Group, into a global conglomerate. He
is chairman of the flagship business, Samsung Electronics,
while his son (and expected successor) Jay Y. Lee is vice
chairman. Daughters Boo-Jin and Seo-Hyun also hold
executive roles within the firm. In 2014, a judge dismissed a
suit from Lee Kun-Hee's siblings, all edging that he stole
Samsung shares that they were supposed to inherit from
their father.
By: Samit Shahi

17. By: Samit Shahi

18.  Industry: Consumer Discretionary
 Country: Germany
 Market Cap: $120 billion
 Family: Piëch-Porsche
Comment: Many members of the Piëch-Porsche family
together hold a majority stake in Volkswagen through their
Porsche Automobile Holding company. The Piëch-Porsches
are descendants of Porsche founder Ferdinand Porsche,
who was also a Nazi party member and designed the first
Volkswagen for Adolf Hitler. Today at least five family
members sit on the board of Volkswagen. Volkswagen
brands include Porsche, Audi, and Bentley.
By: Samit Shahi

19. By: Samit Shahi

20.  Industry: Energy
 Country: United States
 Market Cap: $90 billion
 Family: Kinder
Comment: After leaving Enron, Richard Kinder co-
founded Kinder Morgan in 1997. With a massive
portfolio of oil and gas pipelines, the company is one
of the largest of its kind in the world. Kinder and his
wife Nancy are major Houston philanthropists through
their Kinder Foundation.
By: Samit Shahi

21. By: Samit Shahi

22.  Industry: Consumer Discretionary
 Country: United States
 Market Cap: $882 billion
 Family: Knight
 Comment: Phil Knight has been the face of the iconic
Nike brand since he co-founded the company in 1964.
Just last month, however, Nike announced that Knight
will step down from his role as Chairman in 2016. His
son, Travis Knight, will take a seat on the board to
continue the family legacy at the company.
By: Samit Shahi

23. By: Samit Shahi

24.  Industry: Information Technology
 Country: India
 Market Cap: $80 billion
 Family: Tata
Comment: Like most other Tata Group subsidiaries, Tata
Consultancy Services is controlled by promoter and major
shareholder Tata Sons. According to Tata Sons' website,
about 66 percent of the holding company's shares are held
by philanthropic trusts controlled by the Tata family. The
company traces its roots to 1868, when it was founded by
industrialist Jamsetji Tata.
By: Samit Shahi

25. By: Samit Shahi

26.  Industry: Telecommunication Services
 Country: Japan
 Market Cap: $72 billion
 Family: Son
Comment: Masayoshi Son is Japan's second richest
man, thanks to the global telecom company he
founded in 1981. In addition to its own mobile,
Internet, and e-commerce businesses, SoftBank owns
80% of Sprint and 32% of Alibaba. Son is said to be
grooming a successor as he prepares to step down from
his role as CEO.
By: Samit Shahi

27. By: Samit Shahi

28.  Industry: Health Care Country: United States
Market Cap: $55 billion Family: McKesson
Comment: McKesson was founded by John McKesson
and Charles Olcott in 1833. Today the company is one
of the largest in the United States and is a leader in
pharmaceutical distribution and healthcare IT. A
significant amount of shares are still held by
McKesson's descendants.
By: Samit Shahi

29. By: Samit Shahi

30.  Industry: Financials
 Country: Hong Kong
 Market Cap: $49 billion
 Family: Kwok
Comment: The Kwok brothers are all billionaires from the real
estate company founded by their late father Tak-Seng— but it
hasn’t been all smooth sailing in the family business. Walter
Kwok resigned from the company in 2014 after a feud with
brothers Thomas and Raymond. Later that year, Thomas
resigned after being found guilty of bribing Hong Kong officials.
Raymond is the Chairman of the company and his sons Edward
and Adam hold top posts. Walter, Thomas, and Raymond’s
mother Siu-Hing Kwong is a major shareholder and served as
Chairwoman of the company from 2008-2011 after brokering a
truce between the brothers.
By: Samit Shahi

31. By: Samit Shahi

32.  Industry: Information Technology
 Country: Taiwan
 Market Cap: $49 billion
 Family: Gou
Comment: Foxconn, officially known as Hon Hai
Precision, manufactures electronics for big name
companies like Apple, Dell, Microsoft, Hewlett-Packard
and more. The company founded by Terry Gou came under
fire after a 2012 investigation by the New York
Times documenting the terrible working conditions and
high suicide rates in its factories across Asia.
By: Samit Shahi

33. By: Samit Shahi

34.  Industry: Consumer Discretionary
 Country: Switzerland
 Market Cap: $46 billion
 Family: Rupert
Comment: South African billionaire Johann Rupert
founded the luxury goods conglomerate out of his
father's tobacco company. Today, Richemont is the
world's second largest luxury goods company behind
LVMH with brands such as Cartier, Montblanc and
IWC in its portfolio. The Rupert family remains a
major shareholder.
By: Samit Shahi

35. By: Samit Shahi

36.  Industry: Energy
 Country: India
 Market Cap: $45 billion
 Family: Ambani
Comment: The Ambani's are India's richest family.
Mukesh Ambani is Chairman and CEO of the holding
company founded by his father Dhirubhai. Mukesh's
wife Nita also sits on the board, while son Akash and
daughter Isha are on the boards of the company's retail
and telecom units.
By: Samit Shahi

37. By: Samit Shahi

38.  Industry: Energy
 Country: United States
 Market Cap: $43 billion
 Family: Phillips
Comment: The gas producer initially founded by
Frank and L.E. Phillips in 1917 as the Phillips
Petroleum Company. A merger with Conoco in 2002
created ConocoPhillips, but Phillips 66 was spun-off
only ten years later. Throughout all this, the Phillips
family have remained large shareholders in the
company.
By: Samit Shahi

39. By: Samit Shahi

40.  Industry: Consumer Discretionary
 Country: United States
 Market Cap: $37 billion
 Family: Arison
Comment: Siblings Micky and Shari Arison both
hold large stakes in Carnival, the cruise ship operator
founded by their late father, Ted. Micky is Chairman
and a former CEO of Carnival, and also owns the
Miami Heat. Shari has her own investment firm in
Israel and is one of the richest people in the Middle
East.
By: Samit Shahi

41. By: Samit Shahi

42.  Industry: Financials
 Country: Hong Kong
 Market Cap: $36 billion
 Family: Li
Comment: After a massive reorganization last month,
Cheung Kong Holdings is now CK Hutchison
Holdings, with Li Ka-shing, Asia's richest man, and his
family at the helm. Li founded the company in the
1950s and today runs it with his son Victor. His other
son Richard is also a billionaire.
By: Samit Shahi

43. By: Samit Shahi

44.  Industry: Health Care
 Country: India
 Market Cap: $36 billion
 Family: Shanghvi
Comment: According to Forbes, Dilip Shanghvi
founded Sun Pharmaceutical in 1983 after borrowing
the equivalent of $160 from his father. Today it is the
biggest drug company in India, making Shanghvi —
still the firm's largest shareholder — India's second
richest man.
By: Samit Shahi

45. By: Samit Shahi