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1. *Wal-Mart Stores (1)
Walton
Discount retail chain/Bentonville, Ark.
Founded: 1962
Revenues: $244.5 billion
Employees: 1.4 million
www.walmartstores.com
From single store in Arkansas in 1962, founder Sam Walton (d. 1992) and younger brother James L. (Bud) built Wal-Mart into worlds largest retailer, with about 4,700 stores today (bigger than Sears, Kmart and J.C. Penney combined). Sams descendants own about 38%. Sams son Robson, 59, is now chairman.
2. *Ford Motor Co. (2)
Ford
Auto manufacturer/Dearborn, Mich.
Founded: 1903
Revenues: $163.4 billion
Employees: 350,321
www.ford.com
Pioneering auto firm now in fourth generation. Henry Ford (1863-1947) introduced mass production and dominated early auto market with Model T. His grandson Henry II (1917-1987) rebuilt company as CEO, 1960-1980, with younger brother William (retired 1995) as finance committee chairman. Williams son William Jr., chairman since 1999, acquired Volvo Cars. Ford family still owns about 40% of voting stock.
3. Cargill Inc. (3)
Cargill/MacMillan
International commodities trader/Minneapolis
Founded: 1865
Revenues: $50.8 billion
Employees: 97,000
www.cargill.com
Worlds largest privately held company buys and sells grain, poultry, beef, steel, seeds, salt and other commodities on six continents. Founder William Cargill and brothers provided grain elevators to store wheat after Civil War. His Cargill and MacMillan descendants, now in fourth and fifth generations, have run firm ever since (with occasional non-family CEOs) from 63-room French-style country mansion. Created one of first management training programs, 1930s. Whitney MacMillan retired 1995 after 18 years as CEO. Family members own about 85%, key employees the rest.
4. Koch Industries (4)
Koch
Oil, gas, agriculture, etc./Wichita, Kan.
Founded: 1918
Revenues: $40 billion
Employees: 11,500
www.kochind.com
Founder Fred Kochs vast empire of oil and gas services, cattle ranches, coal mines, real estate ventures and manufacturing facilities. In 1983 dissident sons Frederick and William, now 68 and 63, filed suit contesting $1.1 billion price that Charles, now 67, and David (Williams twin) paid for their brothers share. The dissidents lost after 13 years; Charles and David control company. but William persists: His current lawsuit accuses Koch Industries of stealing oil from federal and American Indian lands.
5. *Motorola (5)
Galvin
Telecommunications/Schaumburg, Ill.
Founded: 1928
Revenues: $26.679 billion
Employees: 97,000
www.motorola.com
Founder Paul Galvin (1895-1959) produced first practical radio for automobiles and ran company as one-man show until his death. Son Bob, CEO 1959-90, moved company from TV sets into high-tech commercial and industrial electronics. His son Christopher, 51, took charge 1997.
6. *Viacom (6)
Redstone
Media and entertainment/New York
Founded: 1954
Revenues: $24.606 billion
Employees: 120,630
www.viacom.com
One of worlds largest media companies: movies, TV (39 stations), radio (185 stations), Internet. Owns BET (Black Entertainment Television), CBS, Paramount Pictures, the United Paramount Network (UPN), MTV Networks (MTV, VH1, Nickelodeon), Showtime Networks and Comedy Central (50%), also 39 TV stations, publisher Simon & Schuster, and 81% of Blockbuster (the #1 video rental chain). Michael Redstone started with drive-in movie theater 1954. His son, current chairman and CEO Sumner Redstone, 80, controls 68% of firm; daughter Shari, 49, heads National Amusements theater chain that was nucleus of original company.
7. *Tyson Foods (18)
Tyson
Food processor/Springdale, Ark.
Founded: 1935
Revenues: $23.367 billion
Employees: 120,000
www.tysonfoodsinc.com
Founder John W. Tyson sold chickens and feed to Arkansas farmers, got into processing and distribution after discovering he could fetch higher prices up North. Today, company is nations leading chicken supplier, with 28% of poultry market; also worlds largest meat processing firm since purchase of IBP Fresh Meats. Son Donald, now 73, dropped out of college in senior year to enter the business (1952) and was joined at helm by half-brother Randal (d. 1986) after his father died in train accident (1967). Donald retired as chairman 1995 and remains senior chairman. His son John H., 49, is now chairman and controls 80% of companys voting power.
8. *Weyerhaeuser Co. (10)
Weyerhaeuser
Timber products/Tacoma, Wash.
Founded: 1900
Revenues: $18.521 billion
Employees: 57,000
www.weyerhaeuser.com
One of largest U.S. forest products companies even before acquisition of Williamette Industries last year. Timber baron Frederick Weyerhaeuser and brother formed Weyerhaeuser Co. 1900; giant paper firm still family-run in fourth generation.
9. *Loews (7)
Tisch
Tobacco, hotels, etc./New York
Founded: 1919
Revenues: $17.495 billion
Employees: 25,800
www.loews.com
Entrepreneurial brothers Laurence and Preston (Bob) Tisch, now 80 and 77, started in real estate, gained control of Loews Theatres 1959; diversified into cigarettes, insurance, oil, hotels, media (CBS). Tisches own more than 30% of stock. Next generation very active: Larrys son James, 50, took over as Loews CEO 1999; his brother Andrew, 53, and Bobs son Jonathan, 49, are co-presidents.
10. Mars (8)
Mars
Candy, rice, pet food/McLean, Va.
Founded: 1923
Revenues: $17 billion
Employees: 30,000
www.mars.com
Candy-making Minnesotans Frank and Ethel Mars invented the Milky Way. Their secretive, driven son Forrest, supposed model for Willy Wonka, feuded with his father, started his own candy company in England, then merged with late fathers business 1964. Now #2 U.S. candy maker (behind Hershey). Since 1973, run by Forrests three children, CEO John, 71, Forrest Jr., and Jacqueline, 63. Forrest died 1999 at age 95.
11. *News Corp. (13)
Murdoch
Media/New York
Founded: 1923
Revenues: $16.344 billion
Employees: 33,800
www.newscorp.com
Respected journalist Sir Keith Murdoch built Australias largest newspaper company, passed it to son Rupert at death, 1952. He built less-respected but huge global media/entertainment empire (worlds fourth largest, behind Time Warner, Viacom and Disney). Holdings today include TV (Fox Broadcasting), movies (20th Century Fox), scores of newspapers (London Times, New York Post, etc.), books (HarperCollins), magazines (Weekly Standard) and sports team (Los Angeles Dodgers). Murdoch family owns about 30% of stock, 40% of voting stock. Rupert, 72, still in charge; son Lachlan, 32, deputy COO, named publisher of New York Post last year, presumed successor. Son James, 30, also active as executive VP and director.
12. Publix Super Markets (9)
Jenkins
Supermarkets/Lakeland, Fla.
Founded: 1930
Revenues: $16.027 billion
Employees: 123,000
www.publix.com
Founder George Washington Jenkins (d. 1996) hitchhiked from Georgia to Florida to seek fortune in real estate, got job instead at Piggly Wiggly, worked his way up to manager. After snub from owner, opened competing store next door. Chain now operates more than 740 stores in four states. Son Howard, 50, is chairman; Charlie Jenkins Jr., 59, is CEO. Stock offered to employees since 1930; they now own about 27%.
13. *Gap (12)
Fisher
Apparel stores/San Francisco
Founded: 1969
Revenues: $14.455 billion
Employees: 169,000
www.gap.com
Donald and Doris Fisher, now 75 and 71, opened their first jeans store in 1969, just in time for jeans craze of 1970s. With addition of Banana Republic (1983) and Old Navy (1994), chain now has more than 4,250 stores. Fishers still own about 20%; Donald remains chairman. Sons Robert and William left in 1998 and 1999, but Bob remains on board of directors.
14. *General Dynamics (16)
Crown
Aerospace and defense/Falls Church, Va.
Founded: 1962
Revenues: $13.829 billion
Employees: 54,000
www.gendyn.com
Peppery Chicago dealmaker Henry Crown (1896-1990) built familys Material Services Corp. into worlds largest building supply firm, sold it to General Dynamics 1960 and became GDs largest shareholder. After feuding with GDs board, Crown sold his stock, then bought back controlling interest and installed himself and his quietly competent son Lester as directors. Lester, now 78, and his son James, 49, remain on GDs board by virtue of their 16.5 million shares.
15. *Anheuser-Busch Cos. (14)
Busch
Beer/St. Louis
Founded: 1860
Revenues: $13.566 billion
Employees: 23,176
www.anheuser-busch.com
Eberhard Anheuser took over struggling St. Louis brewery 1860. Bavarian immigrant Adolphus Busch married Eberhards daughter Lilly 1861, joined brewery 1864 and made it successful. His grandson August Jr. (d. 1989), president from 1946, began Budweisers King of Beers ad campaign, making it nations biggest brewer (currently nearly 50% of U.S. beer market). August III, now 65, unseated his father 1975. Presumed heir August IV, 38, now VP/marketing. Family still controls 6% of stock.
16. *Comcast (21)
Roberts
Broadcasting/Philadelphia
Founded: 1963
Revenues: $12.46 billion
Employees: 82,000
www.comcast.com
Belt manufacturer Ralph Roberts launched cable TV service in Tupelo, Miss. Today Comcast is nations largest cable company, with 21.3 million subscribers following last years merger with AT&T Broadband. Roberts family owns only 2% of stock but controls 33% of voting stock. Ralph, 82, turned presidency to son Brian 1990, most of familys stock to Brian 1998. Brian, 43 and CEO, proved worthy: He convinced Bill Gates to invest $1 billion in Comcast (1997).
17. *Winn-Dixie Stores (15)
Davis
Supermarkets/Jacksonville, Fla.
Founded: 1925
Revenues: $12.334 billion
Employees: 112,500
www.winn-dixie.com
Founder William Milton Davis purchased grocery in Lemon City, Fla., for $10,000 1925. His four sons took over nine years later, renamed company 1955 (To win Dixie was our ambition) and built it into Sunbelts largest grocery chain: 1,070 Winn-Dixie, Thriftway and Marketplace stores in 12 states and the Bahamas. Founders descendants own about 41%; three of them sit on Winn-Dixies board, headed by chairman A. Dano Davis.
18. Bechtel Group (11)
Bechtel
Engineering and construction/San Francisco
Founded: 1898
Revenues: $11.6 billion
Employees: 47,000
www.bechtel.com
Worlds largest construction company started by rancher Warren A. (Dad) Bechtel, who built railroads in Oklahoma and moved to California 1914. His son Stephen Sr. built Liberty ships for government, World War II; Stephen Jr., now 78, took over 1965, established reputation for megaprojects: airports; nuclear plants; trans-Alaska pipeline; Washington, D.C., subway; the Chunnel; new city of Jubail, Saudi Arabia, etc. His son Riley Bechtel, 51, has been president since 1989.
19. Meijer (20)
Meijer
Retailing and groceries/Grand Rapids, Mich.
Founded: 1934
Revenues: $10.9 billion
Employees: 83,402
www.meijer.com
Dutch immigrant Hendrik Meijer opened barber shop 1914, added groceries to help pay rent. Son Frederik, now 83, pioneered one-stop shopping concept in 1960s, expanded chain to 160 mega-stores in Midwest today. Still family-owned. Founders grandson Hendrik (Hank) Meijer, 50, is CEO; Doug Meijer, 48, is co-chairman.
20. H.E. Butt Grocery (23)
Butt
Food stores, bread bakeries/San Antonio, Texas
Founded: 1905
Revenues: $9.9 billion
Employees: 60,000
www.heb.com
Florence Butt opened first store in Kerrville, Texas, with $60. Son Howard took over 1919, opened second store 1927. Howards son Charles took over 1971 at age 33, expanded $200 million chain into nations 12th largest food retailer (first in South) with 300 supermarkets. Company still family-owned, but CEO Charles, now 65, is a bachelor. Company donates 5% of pre-tax earnings to education, art and food programs.
21. Cox Enterprises (24)
Cox
Newspapers, TV/Atlanta
Founded: 1898
Revenues: $9.9 billion
Employees: 77,000
www.coxenterprises.com
Reporter James M. Cox bought Dayton (Ohio) Daily News 1898, Atlanta Constitution 1950; he died 1957. Company now owns 17 daily newspapers, cable systems and radio and TV stations. Founders daughters Anne Chambers, 83 (U.S. ambassador to Belgium under President Carter), and Barbara Anthony, 80, control 98% of stock. Barbaras husband. Garner Anthony, stepped down as CEO 1987, succeeded by James Cox Kennedy, now 56, Barbaras son by previous marriage.
22. *Illinois Tool Works (22)
Smith
Industrial equipment/Glenview, Ill.
Founded: 1912
Revenues: $9.468 billion
Employees: 48,700
www.itw.com
After founding Chicagos legendary Northern Trust Co. in 1889, patriarch Byron L. Smith (1853-1914) financed two Swedish toolmakers to form ITW, later took control and handed operation to younger sons Walter and Harold C. (Eldest son remained at bank.) Harold C.s son Harold Byron Smith (d. 1990) took charge after World War II, diversified from fasteners, screws and washers into packaging systems, engineering components and medical and computer supplies through 600 separate companies. His son Harold Jr., 69, has headed ITW executive committee since 1982.
23. *Masco (26)
Manoogian
Building materials/Taylor, Mich.
Founded: 1929
Revenues: $9.419 billion
Employees: 61,000
www.masco.com
Founder Alex Manoogian (d. 1996) perfected single-handle Delta faucet. His Yale-educated son Richard, now 67, took over 1968 and acquired more than 100 building and home improvement companies (Home Depot, Delta faucets, KraftMaid cabinets, etc.) in past 30 years.
24. Huntsman Corp. (25)
Huntsman
Chemicals/Salt Lake City
Founded: 1970
Revenues: $9 billion
Employees: 15,000
www.huntsman.com
Former Huntsman Container Corporation best known for container that housed McDonalds Big Mac. Acquisitions by CEO and founder Jon M. Huntsman, now 66, have made it North Americas largest privately held chemical company, with facilities in more than 40 countries. Six sons and three sons-in-law all work in the business.
25. Fidelity Investments (FMR Corp.) (17)
Johnson
Mutual funds/Boston
Founded: 1930
Revenues: $8.9 billion
Employees: 29,000
www.fidelity.com
Department store heir turned mutual fund pioneer Edward C. Johnson II bought Fidelity Fund in 1946, fired its investment adviser and managed fund himself, stressing instincts and knowledge over prudence. Assets under management multiplied 1,000 times (from $3 million to $3 billion) by time son Edward C. (Ned) III succeeded him, 1972. Now leading mutual fund company worldwide, with 340 funds, 18 million customers, $775 billion assets managed. Ned, 73, reduced ownership share in parent FMR Corp. to 12% 1995, making daughter Abigail, 41, companys largest shareholder (with 25%) and likely heir. Johnson relatives and top Fidelity execs own the rest. Abigail, senior VP, runs a Fidelity equity funds group.
26. *Marriott International (19)
Marriott
Hotels, casinos/Washington, D.C.
Founded: 1927
Revenues: $8.441 billion
Employees: 144,000
www.marriott.com
From D.C. root beer stand opened 1927, J. Willard Marriott (1900-1985) and his wife, Alice, expanded into hotels and restaurants. Now worlds largest lodging company with some 2,600 owned or franchised properties in 65 countries. Son John, now 70, named president 1964, added retirement homes, financing. He now runs Marriott International while brother Richard, 64, heads familys Host Marriott luxury hotels division (see #49 below). Alice died 2000, age 92. Marriott family owns about 12% of stock.
27. *Clear Channel Communications (28)
Mays
Broadcasting/San Antonio, Texas
Founded: 1972
Revenues: $8.421 billion
Employees: 41,800
www.clearchannel.com
Founder Lowry Mays, 67, started buying distressed radio stations in mid-sized markets with fellow Texan Red McCombs. Company is now nations #1 radio station owner (some 1,225), worlds largest outdoor advertising company (more than 775,000 displays); also owns or manages 39 TV stations. Lowry is still CEO; three children are active, including president Mark, 39, and EVP/CFO Randall, 37.
28. *Dillards (27)
Dillard
Department stores/Little Rock, Ark.
Founded: 1938
Revenues: $7.911 billion
Employees: 55,208
www.dillards.com
Founder William T. Dillards department store chain (nations third largest, behind May and Federated) operates some 330 upscale, medium-sized stores in 29 states. Founder died 2002, age 87. All five children are active: William II (president and CEO), 58; Alex (president), 53; three others as VPs. Some 30 Dillard family members own 10% of stock but control 99% of Class B stock, which elects two-thirds of companys directors.
29. JM Family Enterprises (29)
Moran
Auto dealerships/Deerfield Beach, Fla.
Founded: 1968
Revenues: $7.8 billion
Employees: 3,227
www.jmfamily.com
Starting with gas station, Chicagoan James Moran moved up to used-car dealership, Hudson franchise, then Ford franchise. Moved to Florida for his health in 1960s; acquired regional Toyota distributorship and built family company into worlds largest independent auto dealer. Founder now 84 and honorary chairman; daughter Pat is chairman.
30. Enterprise Rent-A-Car (31)
Taylor
Car rentals and leasing/St. Louis
Founded: 1957
Revenues: $6.5 billion
Employees: 50,000
www.enterprise.com
On a hunch that drivers would rather lease than buy, Jack Taylor launched firm in basement of Cadillac dealership. It now has 525,000 cars in 4,000 locations. Firm was named after aircraft carrier U.S.S. Enterprise, where Jack flew fighters as Navy pilot, World War II. Son Andy, 55, now runs company; Jack is 81 and semi-retired.
31. *Dollar General Corp. (33)
Turner
Retail stores/Goodlettsville, Tenn.
Founded: 1939
Revenues: $6.1 billion
Employees: 53,500
www.dollargeneral.com
Retailer commands a chain of more than 6,300 discount stores in 27 states, mostly in Southeast and Midwest. CEO Cal Turner Jr., grandson of companys founder, owns about 15% of Dollar General.
32. *Nordstrom (32)
Nordstrom
Clothing stores/Seattle
Founded: 1901
Revenues: $5.975 billion
Employees: 52,000
www.nordstrom.com
Swedish immigrant John W. Nordstrom opened Seattle shoe store 1901, retired 1928. His three sons built it into largest independent U.S. shoe chain by 1963. Grandsons Bruce, John and Jim Nordstrom and cousin-in-law Jack McMillan diversified into upscale specialty retailing; now 140 stores in 25 states, known for impeccable service. Family owns about 30% of stock. Founders grandsons all retired 1995; six fourth-generation Nordstroms (Bill, Blake, Dan, Erik, Jim and Peter) were appointed to co-presidency, under a non-family CEO. Bruce Nordstrom, 69, came back from retirement 2000 as chairman; his son Blake, 42, is president.
33. Marmon Group (29)
Pritzker
Mining equipment, railroad cars/Chicago
Founded: 1953
Revenues: $5.756 billion
Employees: 35,000
www.marmon.com
Chicago lawyer A.N. Pritzker (1896-1986) used legal knowledge to assemble real estate and manufacturing empire that his sons Jay and Robert multiplied many times over through shrewd acquisitions and astute management (Hyatt Hotels, Marmon Group, American Medical International, etc.). Altogether about 550 facilities in more than 40 countries, still family-owned. Dealmaker Jay died in 1999; engineer Bob ran Marmon Group until retiring this year. See also H Group Holding, #90 below.
34. *S.C. Johnson & Son (39)
Johnson
Home and personal care products/Racine, Wis.
Founded: 1886
Revenues: $5 billion
Employees: 9,500
www.scjohnson.com
Founded by Samuel Johnson, carpenter who went from floors to polishes. Great-grandson Samuel C. Johnson, 75, longtime CEO, sustained kids involvement by creating separate fiefdom for each. Consumer products (Windex, Pledge, Glade, Edge, Saran Wrap, Off!) went to H. Fisk, 45, now chairman; commercial business (floor care, polymers) to S. Curtis, 48 (see Johnson Diversey, #82 below); recreation (Johnson Worldwide) already headed by daughter Helen Johnson-Leipold, 46. Fourth child, Winifred, on board of Johnson International and runs Samuel C. Johnson Foundation.
35. *McGraw-Hill (35)
McGraw
Publishing, advertising/New York
Founded: 1909
Revenues: $4.788 billion
Employees: 16,505
www.mcgraw-hill.com
Trade magazine publishers James H. McGraw Sr. and John Hill joined forces to create book company, 1909. Hill died 1916; McGraw and descendants built company into worlds largest textbook publisher, also important business information provider (Standard & Poors, Business Week, etc.). James Sr. retired 1935, died 1948; was succeeded in turn by sons James Jr. (Jay), Curtis and Donald. Their nephew Harold McGraw Jr. (b. 1918) beat out two cousins and an uncle for CEO job 1975; hes been chairman emeritus since 1988. His son Harold (Terry) III, 55, is current CEO. McGraw family still owns 20% of stock.
36. *Estée Lauder Cos. (36)
Lauder
Cosmetics/New York
Founded: 1946
Revenues: $4.744 billion
Employees: 20,400
www.elcompanies.com
Founded by Joseph Lauder (d. 1983) and legendary wife Estée, now 95. Company today controls 45% of prestige cosmetics industry with Clinique, M.A.C., Aveda, etc. Son Leonard, 70, CEO, holds controlling stock (58%, good for 90% of voting stock) with brother Ronald, 59. Leonards son William, 42, is COO.
37. *Danaher Corp. (50)
Rales
Industrial equipment/Washington, D.C.
Founded: 1982
Revenues: $4.577 billion
Employees: 29,000
www.danaher.com
Brothers Steven and Mitchell Rales started manufacturing company in their 20s, expanded through acquisitions into tools (Sears Craftsman hammers), components, process-environmental controls. They own 30% today. Steven 51, is chairman; Mitchell, 46, is chairman of executive committee.
38. Alticor (51)
Van Andel and De Vos
Household products/Ada, Mich.
Founded: 1959
Revenues: $4.5 billion
Employees: 10,500
www.alticor.com
Holding company formed 2000 for four businesses, most notably Amway. High school buddies Jay Van Andel and Richard DeVos sold soap from DeVos Grand Rapids basement in 1948, subsequently enlisted more than 3 million reps to sell 450 products in more than 80 countries. Amway now one of worlds largest direct sales operations. DeVos, now 77, retired 1993; Jay, now 79, retired 1995. Their sons Dick DeVos, 37, and Steve Van Andel succeeded them as co-chief executives.
39. *Carnival Corp. (38)
Arison
Cruise line/Miami, Fla.
Founded: 1972
Revenues: $4.368 billion
Employees: 37,200
www.carnivalcorp.com
Worlds largest cruise operator (13 cruise lines and 65 ships) reinforced its lead with $5.5 billion acquisition of Princess Cruises this year. CEO Micky Arison, 54, son of founder Ted Arison, and his family own about 35% of company.
40. *Kelly Services (43)
Kelly/Adderley
Business services/Troy, Mich.
Founded: 1946
Revenues: $4.324 billion
Employees: 708,200
www.kellyservices.com
William Russell Kelly (1905-1998), son of oil-drilling pioneer, started temporary office service in Detroit with $10,000. Brought in brothers Dick (later president), Jim and Ted. After founders wife was killed in auto crash 1947, he married employee Margaret Adderley and adopted her son Terence. Terence Adderley, now 70, joined 1958, became president 1967, has been chairman since fathers death. Company places 700,000 people a year in jobs through 2,400 offices in 26 countries. Adderley, now only family member at company, controls 92% of stock.
41. Advance Publications (43)
Newhouse
Newspapers, magazines/Staten Island, N.Y.
Founded: 1922
Revenues: $4.2 billion
Employees: 22,785
www.advance.net
Founder Samuel I. Newhouse bought Staten Island Advance 1922, built disparate, unstructured chain overrun with some 20 relatives before his death, 1979. Somehow it works: Son Donald, 73, runs 25 profitable daily newspapers (Cleveland Plain Dealer, Newark Star-Ledger, etc.). His brother Si Jr., 75, runs less profitable but glitzier Condé Nast magazines, nations second-largest magazine publisher (Vogue, Glamour, Vanity Fair, New Yorker).
42. Hallmark Cards (45)
Hall
Greeting cards/Kansas City, Mo.
Founded: 1910
Revenues: $4.2 billion
Employees: 20,000
www.hallmark.com
Founder Joyce Hall (1891-1982) began as teenager, stamped company with notion that good taste pays (Hallmark Hall of Fame TV show, Hallmark Gallery in New York, Crown Center in Kansas City). Today 51% of all cards sold in U.S. are Hallmark cards. Hall family owns two-thirds, employees the rest. Founders son Donald, 75, stepped down as CEO 1986 but remains chairman; son Don Jr., 47, is CEO.
43. Levi Strauss (42)
Haas
Jeans manufacturer/San Francisco
Founded: 1853
Revenues: $4.137 billion
Employees: 12,400
www.levistrauss.com
Worlds #1 maker of brand-name clothes. Bavarian immigrant Levi Strauss (1829-1902) set up San Francisco dry goods house 1853; with tailor Jacob Davis, invented blue jeans 1873. Levi Strauss & Co. now one of worlds largest jeans makers. Bachelor Strauss left business to four Stern nephews, who ran it until 1928. Team of Stern son-in-law Walter Haas Sr. and brother-in-law Daniel Koshland ran firm next; their descendants still in control, with most family shares held in 15-year voting trust. Family LBOd the company 1996 in $4.3 billion deal orchestrated by Strausss great-great-grandnephew Robert Haas, now 61.
44. *Cablevision Systems (NR)
Dolan
Cable TV/Bethpage, N.Y.
Founded: 1973
Revenues: $4.003 billion
Employees: 21,075
www.cablevision.com
Company provides cable TV service to more than 3 million customers in and around New York City. Also operates national cable networks American Movie Classics and Womens Entertainment, Madison Square Garden, NBAs New York Knicks, NHLs New York Rangers, plus Radio City Music Hall. Founder/chairman Charles F. Dolan, 76, and family own 26% of stock but control 76% of vote. Son James L. took over as CEO 1995. Also involved: Jimmys wife and his two older brothers.
45. *Murphy Oil (40)
Murphy
Oil/El Dorado, Ark.
Founded: 1907
Revenues: $3.967 billion
Employees: 4,010
www.murphyoilcorp.com
Charles H. Murphy Sr. started investing in oil 1907; after World War I son Charles Jr. expanded into oil and gas production. After two non-family CEOs, founders grandson Claiborne Deming (Charles Jr.s nephew), now 48, took over 1994. Now operates pipelines in U.S. and Canada, also runs 922 gas stations in U.S. and Britain, many on Wal-Mart lots.
46. Lefrak Organization (48)
LeFrak
Real estate/Rego Park, N.Y.
Founded: 1905
Revenues: $3.8 billion
Employees: 16,200
www.lefrak.com
Giant home-building firm now in fourth, fifth and sixth generations: 70,000 middle-class apartments owned in New York, plus 40,000 managed (Lefrak City, etc.). Late patriarch Samuel J. LeFrak (1918-2003) started working for father Harry at age eight. His son Richard, 58, president since 1975, now transforming abandoned N.J. rail yards into $10 billion commercial and residential community along Hudson River. Sams grandsons Harrison and James also are in company.
47. *Adolph Coors (71)
Coors
Beer/Golden, Colo.
Founded: 1873
Revenues: $3.776 billion
Employees: 8,700
www.coors.com
German immigrant Adolph Coors launched small beer company, now second largest in U.S. Founders great-grandson Peter Coors, 57, CEO, projecting more open, youthful image. Family members still control voting stock.
48. *American Financial Group (46)
Lindner
Insurance, investments/Cincinnati
Founded: 1959
Revenues: $3.741 billion
Employees: 7,100
www.amfnl.com
Carl Lindner and brothers opened ice cream store 1940, built it into 22-store United Dairy Farmers chain. Launched American Financial with small savings and loans 1959; added insurance 1971, Chiquita Brands early 1970s. Now a holding company for diverse family investments. Lindner family owns almost 45%. Carl, 84, still CEO; his three sons, Carl III, 49, Craig, 48, and Keith, 43, are co-presidents.
49. *Host Marriott (49)
Marriott
Hotels and gaming/Bethesda, Md.
Founded: 1927
Revenues: $3.696 billion
Employees: 189
www.hostmarriott.com
Smaller luxury hotels arm of empire launched by J. Willard Marriott in 1927 with D.C. root beer stand. Owns 120 luxury Marriott and Ritz-Carlton hotels, most managed by larger sister company Marriott International (see #26 above). Headed by founders son Richard, 64; his older brother John runs Marriott International, which manages most Host Marriott properties.
50. Milliken & Co. (47)
Milliken
Textiles/Spartanburg, S.C.
Founded: 1865
Revenues: $3.6 billion
Employees: 14,000
www.milliken.com
Deering Milliken, small woolen fabrics firm in Portland, Maine, started by William Deering and Seth Milliken, who later bought out his partner. Company moved to New York 1868, to South Carolina 1884. Now one of worlds largest textile manufacturers, with 65 fabric and chemicals plants worldwide. Grandson Roger Milliken, now 87, has led company since 1947; he and brother Gerrish own it.
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51. *Jabil Circuit (41)
Morean
Electronics/St. Petersburg, Fla.
Founded: 1966
Revenues: $3.546 billion
Employees: 20,000
www.jabil.com
Computer equipment maker was founded in suburban Detroit garage. Founders son William Morean, now 48, swept floors as boy, returned 1977 at age 22 to run one-client company upon fathers retirement. He became CEO 1988, now chairman since 2000. Company now one of nations top makers of printed circuit boards and other electrical components. Morean family owns nearly 30%.
52. ContiGroup Cos. (44)
Fribourg
Grain, feed, food processing/New York
Founded: 1813
Revenues: $3.3 billion
Employees: 14,500
www.contigroup.com
Major global agribusiness firm (formerly Continental Grain) founded in Belgium and still owned by founding Fribourg family but no longer in grain business. Now nations #2 cattle and pork producer; has offices in ten countries. Longtime CEO Michel Fribourg stepped down 1994 to make room for second-eldest son Paul (founders great-great-great-grandson), now 49.
53. Hearst (52)
Hearst
Media/New York
Founded: 1887
Revenues: $3.3 billion
Employees: 17,170
www.hearstcorp.com
Mining heir William Randolph Hearst (1863-1951) took over San Francisco Examiner 1887, New York Journal 1895, aimed at mass audiences, built nations then-largest newspaper chain. Last surviving son, Randolph, chairman 1973-1996, succeeded by nephew George R. Hearst, now 76. Family still controls empire of 12 dailies (including Houston Chronicle), 14 weeklies, 16 magazines (Harpers Bazaar, Cosmopolitan, Town & Country), TV, cable programming (ESPN, Lifetime).
54. Raleys Inc. (56)
Teel
Food and drug stores/West Sacramento, Calif.
Founded: 1935
Revenues: $3.2 billion
Employees: 17,000
www.raleys.com
Arkansan Thomas P. Raley, 13th of 14 children, quit job as Safeway store manager in California (1935) to open his own grocery in Placerville. Introduced drive-in markets, pre-packaged meats, side-by-side drug and grocery stores, etc. Today 150 supermarkets. Founders only child, Joyce, worked in store as teen, married co-worker Jim Teel, returned 1985, took over with husband after fathers death (1991). Joyce, 72, and Jim are now co-chairmen; Teels son, four daughters and sons-in-law also active.
55. *New York Times (55)
Sulzberger
Newspapers/New York
Founded: 1851
Revenues: $3.079 billion
Employees: 12,150
www.nytco.com
Tennessean Adolph Ochs (1858-1935) bought Times 1896, rescued it from New Yorks penny-paper wars by making it Americas most respected newspaper. Son-in-law Arthur H. Sulzberger, publisher 1935-1961, made it worlds greatest. Sulzbergers at helm ever since; chairman today (but not CEO) and publisher of Times is founders great-grandson Arthur O. Jr., 52. Family owns about 18% of stock, elects two-thirds of directors.
56. *Qualcomm (NR)
Jacobs
Telecommunications/San Diego
Founded: 1985
Revenues: $3.04 billion
Employees: 8,100
www.qualcomm.com
Company pioneered commercialization of multiple access technology used in wireless communications equipment, especially cell phones. Licenses technology and system software to more than 100 equipment and cell phone makers. Company also sells popular Eudora e-mail software. Founder and CEO Irwin M. Jacobs, 68, likely to be succeeded by son Paul, 40, president of Qualcomms Internet and wireless group.
57. *Stryker Corp. (65)
Stryker
Medical products/Kalamazoo, Mich.
Founded: 1964
Revenues: $3.012 billion
Employees: 14,045
www.strykercorp.com
Dr. Homer Stryker, inventor of walking heel and other medical devices, founded surgical instruments company 1964. Founders son and successor Lee died in plane crash 1976. Since then run by non-family CEO John Brown, 68, expanded into medical products. Family still owns nearly one-third; Ronda Stryker, 48, is a director.
58. J.R. Simplot (57)
Simplot
Food, agribusiness/Boise, Idaho
Founded: 1943
Revenues: $3 billion
Employees: 13,000
www.simplot.com
Founder Jack Simplot, now 94, ran away from home while in eighth grade, sorted potatoes, expanded into vegetables, fertilizer, cattle, food processing. He became a millionaire by 30; supplied dehydrated potatoes and vegetables to U.S. troops in World War II; pioneered frozen French fries in the 1950s. Jack now chairman emeritus; son Scott is chairman, children Gay and Ted also involved. Simplots believed to control all stock.
59. Wegmans Food Markets (59)
Wegman
Food markets/Rochester, N.Y.
Founded: 1916
Revenues: $3 billion
Employees: 30,000
www.wegmans.com
John Wegman opened fruit and vegetable store in Rochester 1916; brother Walter joined a year later. They opened showplace supermarket with cafeteria 1930. Johns nephew Robert Wegman joined 1933, still on board as chairman and CEO. Company now has 60 superstores, also pet foods, Chase-Pitkin Home & Garden. Roberts son, Danny, is current president; his two daughters also work there.
60. Kohler (62)
Kohler
Plumbing products/Kohler, Wis.
Founded: 1873
Revenues: $3 billion
Employees: 25,000
www.kohlerco.com
John M. Kohler set up iron foundry; elder son, Walter J. Kohler, built utopian company town around it; he and son Walter Jr. both became Wisconsin governors. Walter Sr.s strong-willed half-brother, Herbert, CEO 1940-65, fought unions and relatives. Marketing flair of son Herbert Jr., 64, CEO since 1972, turned prosaic toilets, sinks, tubs into colorful status symbols; now 44 plants worldwide. He and sister Ruth Kohler control most of company.
61. *Neiman Marcus Group Inc. (54)
Smith
Department stores/Dallas
Founded: 1907
Revenues: $2.948 billion
Employees: 14,300
www.neimanmarcus.com
Legendary Dallas department store chain, known for extravagant special events, one-of-a-kind items, and especially attentive salespeople, founded by Herbert Marcus, his sister Carrie and her husband, Al Neiman. Today operates 37 stores in 20 states, plus two Bergdorf Goodman stores in New York. Founders families no longer involved, but family of chairman Richard A. Smith, 78, controls about 13%. Son Robert, 43, and son-in-law Brian Knez, 45, are co-vice chairmen.
62. *Knight Ridder (58)
Knight and Ridder
Newspapers, media/San Jose, Calif.
Founded: 1892
Revenues: $2.842 billion
Employees: 18,000
www.kri.com
Charles L. Knight bought Akron (Ohio) Beacon-Journal 1903, passed it to sons John and James on his death, 1933. They bought Miami Herald 1937, built respected chain of two dozen major dailies. Herman Ridder (d. 1915) bought German-language Staats-Zeitung 1892 and passed it to three sons, who built chain of 18 small dailies. Knight-Ridder merger, 1974, left Knights in control of 321 daily and 22 non-daily papers, but CEO today is Herman Riddes great-grandson P. Anthony Ridder, 63.
63. *Hasbro (60)
Hassenfeld
Toys, home entertainment/Pawtucket, R.I.
Founded: 1923
Revenues: $2.816 billion
Employees: 7,200
www.hasbro.com
Americas #2 toy maker (behind Mattel), run successively by three sets of brothers. Founders Henry and Hillel Hassenfeld were Polish immigrants who evolved from rags into pencil boxes. Second generation: Harold Hassenfeld ran pencil plant, brother Merrill took company into toys during World War II. Merrills son and successor Stephen built company into #1 toy maker, died 1989; his brother Alan, 54, succeeded him as CEO, still chairman but turned CEO post over this year to longtime aide Alfred J. Verrecchia, companys first non-family chief.
64. Gilbane (66)
Gilbane
Construction/Providence, R.I.
Founded: 1873
Revenues: $2.771 billion
Employees: 1,700
www.gilbaneco.com
Founded by brothers William and Thomas Gilbane as carpentry and general contracting shop in Providence; now giant real estate developer and contractor (National Air and Space Museum, Terminal V at Chicago's OHare Airport). Still wholly owned by Gilbane family; CEO Paul Choquette, 64, is fourth-generation descendant of founding brothers.
65. Gordon Food Service (67)
Gordon
Food distributor/Grand Rapids, Mich.
Founded: 1897
Revenues: $2.75 billion
Employees: 5,000
www.gfs.com
Dutch immigrant Isaac VanWestenbrugge founded butter-and-egg distributor. High school senior Ben Gordon joined 1916, married Isaacs daughter Ruth 1921, later brought in brother Frank; company renamed for them 1942. Now distributes more than 12,000 items to sanitation systems, restaurants, hospitals, schools, etc. Still owned by founders descendants. Three Gordons in top management. President Dan is founders great-grandson.
66. *Alberto-Culver (68)
Lavin and Bernick
Personal care products, food/Melrose Park, Ill.
Founded: 1955
Revenues: $2.75 billion
Employees: 5,000
www.alberto.com
Company makes products for hair care (Alberto VO5, TRESemme), skin care (St. Ives Swiss Formula), and personal care (FDS deodorant); sweeteners and seasonings (Molly McButter, Mrs. Dash, SugarTwin); and household items. Lavin and Bernick families control about 40%; Leonard Lavin, 83, and wife Bernice, 77, are chairman and vice-chairman; Howard Bernick, 50, is president and CEO; wife Carol, 50, is vice chairman.
67. *Wm. Wrigley Jr. Co. (70)
Wrigley/Offield
Food, gum/Chicago
Founded: 1892
Revenues: $2.746 billion
Employees: 11,250
www.wrigley.com
Philadelphian William Wrigley Jr. (1862-1933) arrived in Chicago 1891 to run branch of fathers soap business; chewing gum given away to attract customers proved more popular than soap, so he switched products. Company vastly expanded under shy son Philip (1894-1977) and equally shy grandson William (1933-1999); today, its worlds largest chewing gum producer (Spearmint, Juicy Fruit, Doublemint). Fourth-generation William Jr., 39, now CEO. Wrigleys and their Offield cousins own 35% of stock, control 60% of voting shares.
68. Perdue Farms (64)
Perdue
Poultry/Salisbury, Md.
Founded: 1920
Revenues: $2.7 billion
Employees: 20,000
www.perdue.com
Arthur Perdue started table-egg poultry farm; son Frank joined 1939 as third full-time employee, built into nations fourth-largest poultry producer by high-visibility role as spokesman in TV, radio ads. Franks son Jim succeeded him as CEO and spokesperson, 1991.
69. *Cintas (83)
Farmer
Industrial services/Cincinnati
Founded: 1929
Revenues: $2.687 billion
Employees: 27,000
www.cintas-corp.com
Founder Richard Doc Farmer started industrial laundry after being laid off as circus performer; joined by son Hershell. His kids Dick and Joan sometimes slept overnight at plant in crates of warm towels. Company now is nations largest supplier of uniforms. (About 5 million workers wear them.) Also makes floor mats, janitorial supplies, etc. Founder's grandson Richard Farmer, 68, joined 1957, became CEO 1968, stepped down 1995 but still chairman. Son Scott now president and COO. Dick's brother-in-law and boyhood chum Jim Gardner joined 1956, has been on board since 1969. Family owns about 21% of stock.
70. Schneider National (53)
Schneider
Trucking/Green Bay, Wis.
Founded: 1938
Revenues: $2.627 billion
Employees: 20,756
www.schneider.com
Nations largest truckload carrier (14,000 tractors, 40,000 trailers) started as one-truck business by Al Schneider. Son Donald joined after graduating from University of Pennsylvanias Wharton School, introduced technology to trucking (first to install satellite-based communications tracking system to find lost trailers). Donald, 68, is current CEO.
71. *Washington Post (73)
Graham
Newspapers/Washington, D.C.
Founded: 1877
Revenues: $2.584 billion
Employees: 11,600
www.washpostco.com
Financier Eugene Meyer bought failing Washington Post in bankruptcy auction 1933, turned over to son-in-law Phil Graham (1947), who made it profitable, added TV stations, Newsweek. After his suicide (1963), shy widow Katharine took over, blossomed, pushed company to new heights, won Pulitzers for Watergate exposé and her autobiography; died 2001. Son Donald, 58, is CEO and chairman. Family owns about 37%, votes two-thirds of board.
72. *Burlington Coat Factory Warehouse (74)
Milstein
Outerwear/Burlington, N.J.
Founded: 1924
Revenues: $2.577 billion
Employees: 26,000
www.coat.com
Founder Abe Milstein launched wholesale outerwear business 1924; son Monroe expanded into retailing 1950s. Now chain of some 330 off-price, no-frills retail stores offering current brand names at discount prices. Nations largest coat seller; also sells shoes, jewelry, linens, bath items, gifts, and childrens apparel and furniture. Milstein family owns about 60% of company. Monroe Milstein, 75, is current CEO; third generation also active.
73. *Hovnanian Enterprises (101)
Hovnanian
Home builders/Red Bank, N.J.
Founded: 1959
Revenues: $2.551 billion
Employees: 2,370
www.khov.com
Company builds 9,500 homes, condos, townhouses a year, mostly in Northeastern U.S. Hovnanian family members control more than 90% of company. Kevork Hovnanian, 79, is chairman; Ara Hovnanian, 45, president and CEO.
74. *Timken Co. (69)
Timken
Ball bearings/Canton, Ohio
Founded: 1899
Revenues: $2.55 billion
Employees: 18,000
www.timken.com
Produces wide range of ball bearings for aerospace, automotive railroad and other industries. Founded 1899 by retired carriage maker Henry Timken and still controlled and run by his heirs. Chairman William R. Timken Jr., 64, represents fifth generation.
75. Connell (72)
Connell
Rice, sugar, heavy equipment/Berkeley Heights, N.J.
Founded: 1926
Revenues: $2.525 billion
Employees: 245
www.connellco.com
Grover Connell started as rice and sugar trader; son Grover took over 1950, built firm into countrys largest broker/trader in rice, sugar. Diversified into finance, real estate, heavy equipment leasing. Three generations currently active; Grover, now 85, still at helm; son Terry is CFO.
76. *Franklin Resources (77)
Johnson
Mutual funds/San Mateo, Calif.
Founded: 1947
Revenues: $2.519 billion
Employees: 6,700
www.franklintempleton.com
Nations fifth-largest mutual fund company: 250 funds. Charles B. Johnson joined as CEO 1957 at age 23, still in charge today at age 70. He and half-brother Rupert, executive VP, own more than one-third of company. Charles son William also active.
77. *Simon Property Group (84)
Simon
Real estate development/Indianapolis
Founded: 1960
Revenues: $2.441 billion
Employees: 4,020
www.shopsimon.com
New York tailors son Melvin Simon moved to Indianapolis from New York, became leasing agent 1957. With brothers Herb and Fred, blanketed Midwest with shopping centers, merged with rival DeBartolo in 1996 to create nations largest shopping center real estate investment trust. Company currently owns or runs 250 shopping centers, including Minnesotas giant Mall of America, Washingtons Pentagon City. Melvin and Herb, 76 and 68, are co-chairmen; Melvins son David, 41, is current CEO. Fred is no longer involved.
78. *Brown-Forman (81)
Brown
Beverages/Louisville, Ky.
Founded: 1870
Revenues: $2.378 billion
Employees: 7,000
www.brown-forman.com
Pharmaceutical salesman George Garvin Brown and half-brother started with $5,500, created first sealed bottles for whiskey. Brands now include Jack Daniels, Southern Comfort, Korbel champagne; also Lenox china, Hartmann luggage. Brown family still controls company. Fourth-generation Owsley Brown II, 60, current CEO. Five other Brown members still active.
79. *Toll Brothers (82)
Toll
Luxury home builder/Huntingdon Valley, Pa.
Founded: 1967
Revenues: $2.315 billion
Employees: 2,960
www.tollbrothers.com
Nations leading builder of luxury homes founded 1967 by brothers Robert and Bruce Toll, who still own about 34% of stock. Robert, 62, has been CEO since companys inception. Bruce, 60, president and COO until 1998, now less active as vice chairman.
80. Belk (80)
Belk
Department stores/Charlotte, N.C.
Founded: 1888
Revenues: $2.242 billion
Employees: 17,800
www.belk.com
William H. Belk (1862-1952) opened small bargain store in Monroe, N.C., with $750 savings, $500 loan, promoted as Cheapest Store on Earth. Physician brother John Belk (d. 1928) joined 1891. Their innovations (large volume, low mark-up, no haggling, all returns accepted) fueled growth. Today company owns 210 fashion stores in 13 Southern states. Founder ran company until his death at age 89. Founding brothers descendants hold majority of stock, managers the rest. Chairman/CEO John M. Belk, 83, oversees two Belks designated president: John R. Belk, (finance, systems and operations) and Mary Belk (merchandising).
81. *A.G. Edwards (61)
Edwards
Stock brokerage/St. Louis, Mo.
Founded: 1887
Revenues: $2.199 billion
Employees: 16,181
www.agedwards.com
One of oldest and largest U.S. retail brokerages. Founding Edwards family still active; vice chairman Benjamin F. (Tad) Edwards IV, 47, manages a branch.
82. Johnson Diversey (126)
Johnson
Floor care, hygiene, etc./Sturtevant, Wis.
Founded: 1886 (spun off 1999)
Revenues: $2.196 billion
Employees: 13,530
www.johnsondiversey.com
Formerly S.C. Johnson Commercial Markets, split off 1999 from S.C. Johnson & Son (see #34 above). Johnson family controls two-thirds, Unilever the rest. Consists of two main divisions: Johnson Wax Professional and Johnson Polymer. Company operates in more than 50 countries. Samuel C. (Curt) Johnson III, 47, is chairman.
83. 84 Lumber (96)
Hardy
Building materials/Eighty Four, Pa.
Founded: 1956
Revenues: $2.177 billion
Employees: 5,800
www.84lumber.com
Joseph Hardy founded lumber retailer 84 Lumber, built it into nations largest privately held lumber yard chain (430 stores in 35 states). Known for penny-pinching (no air conditioning or heating in stores), blunt management style (fired multiple-sclerosis-stricken son in 1988). Tomboy daughter Margaret Hardy-Magerko, now 37, a college dropout, learned business from her father, took over 1993, installed air conditioning and heat in some stores. She owns about 80% of company.
84. *J.B. Hunt Transport Services (86)
Hunt
Trucking/Lowell, Ark.
Founded: 1969
Revenues: $2.1248 billion
Employees: 16,265
www.jbhunt.com
Arkansas sharecroppers son Johnnie B. Hunt started as truck driver hauling rice and poultry, started his own trucking company 1969 with five trucks and seven refrigerated trailers. Now #2 truckload carrier in U.S. (behind Schneider National), with more than 10,700 tractors and some 46,000 trailers and containers operating in 48 contiguous U.S. states, Canada and Mexico. Founder and family own 33% of company.
85. Schnuck Markets (90)
Schnuck
Supermarkets/St. Louis
Founded: 1939
Revenues: $2.107 billion
Employees: 18,000
www.schnucks.com
Founded as small St. Louis grocery store, now operates 100 hypermarkets (drugs, florist, salad bars, videos, etc.) in Missouri, Illinois, Indiana. Chain stresses friendliness; still family-owned and -run. Craig Schnuck, 54, is CEO, Scott Schnuck COO, Todd Schnuck CFO.
86. Springs Industries (79)
Close
Sheets, curtains, etc./Fort Mill, S.C.
Founded: 1888
Revenues: $2.1 billion
Employees: 17,000
www.springs.com
Company makes Springmaid and Wamsutta sheets, pillows, shower curtains, bedspreads, towels and bath rugs; also infant apparel, fabrics, window blinds and hardware for Wal-Mart, Target, etc. The Close family, descendants of co-founder Leroy Springs, own about 55%. Founders great-great-granddaughter Crandall Close Bowles, 53, is CEO.
87. Golub Corp. (92)
Golub
Price Chopper supermarkets/Schenectady, N.Y.
Founded: 1932
Revenues: $2.1 billion
Employees: 19,700
www.pricechopper.com
Brothers Ben and Bill Golub opened grocery warehouse in Schenectady, expanded to retailing. Company now runs 100-plus low-cost Price Chopper supermarkets in Northeast U.S. Golub family owns about 56%, employees the rest. Two Golubs (CEO Lewis, president Neil) at helm.
88. *AMERCO (100)
Shoen
U-Haul rentals/Reno, Nev.
Founded: 1945
Revenues: $2.068 billion
Employees: 16,100
www.uhaul.com
Parent of U-Haul International rents 205,000 trucks, trailers and tow dollies to do-it-yourself movers through some 1,350 company-owned centers and 15,000 independent dealers in U.S. and Canada. Founder L.S. Schoen had 12 children by three wives, was ousted 1986 by sons Joe and Mark. Family members still control stock; Joe is chairman. Filed for Chapter 11 bankruptcy protection June 2003.
89. Wawa (113)
Wood
Convenience stores/Wawa, Pa.
Founded: 1865
Revenues: $2.01 billion
Employees: 13,000
www.wawa.com
George Wood (d. 1926) launched textile maker Millville Manufacturing Co., later added small dairy in town of Wawa, 1902. Grandson Grahame Wood closed mill 1960s, opened first convenience store 1964. Under current CEO, founders great-grandson Richard Wood, 65, company now has more than 550 stores in five states. Wood family owns 52%.
90. H Group Holding (78)
Pritzker
Hyatt Hotels, resorts/Chicago
Founded: 1957
Revenues: $2 billion
Employees: 41,000
www.hyatt.com
Umbrella group for Hyatt Hotels and Hyatt International; one of two major companies run by Chicagos Pritzker family (see also Marmon Group, #33 above). Dealmaker A.N. Pritzker (1896-1986) took over Atlantas Hyatt Regency before it opened (1967) when its financing fell through; sons Donald, Jay and Robert later gained control of others. Donald ran Hyatt Hotels until his early death 1972 at age 39; Jay until his death 1999 at age 74. Donalds son Tom now in charge of chain with 58 hotels, 22 resorts in 37 countries. Other cousins are involved too but may break up soon amid family suabbles.
91. *Weis Markets Inc. (94)
Weis
Grocery stores/Sunbury, Pa.
Founded: 1912
Revenues: $1.999 billion
Employees: 19,000
www.weismarkets.com
Company runs about 160 grocery stores, mostly in Pennsylvania but also in Maryland and four other states. Warring factions of Weis family settled their differences 2001 when some family members sold their 35%-plus stake. Remaining in control is chairman Robert F. Weis, 83, who still owns 47%.
92. *American Greetings (76)
Sapirstein
Greeting cards/Cleveland
Founded: 1906
Revenues: $1.996 billion
Employees: 32,600
www.corporate.americangreetings.com
Polish immigrant Jacob Sapirstein started one-man penny-postcard business for immigrants with borrowed $50. Today its nations #2 greeting card company (behind Hallmark); acquired #3 Gibson Greetings 2000. Founding Sapirstein family owns about 5% of stock but controls 30% of voting power.
93. Alex Lee Inc. (98)
George
Food services/Hickory, N.C.
Founded: 1931
Revenues: $1.98 billion
Employees: 9,000
www.alexlee.com
Food wholesaler/retailer founded by Alex and Lee George now serves more than 600 retailers in Mid-Atlantic and Southeast. George family still controls; Boyd George is chairman and CEO.
94. J.F. Shea (99)
Shea
Home builder, contractor/Walnut, Calif.
Founded: 1876
Revenues: $1.968 billion
Employees: 2,288
www.jfshea.com
Founded as plumbing business by John Shea; his sons and grandsons built it into one of nations largest privately owned builders (construction, financing, venture capital, civil engineering). John F. Shea is president, Peter Shea Jr. COO.
95. Zachry Construction (119)
Zachry
Construction/San Antonio, Texas
Founded: 1924
Revenues: $1.94 billion
Employees: 14,000
www.zachry.com
Henry B. Zachry began building roads and bridges 1924; company now builds power and chemical plants, steel and paper mills, refineries, roadways, dams, airfields and pipelines, mostly in southern U.S. Also owns San Antonio Spurs basketball team. Founders son Henry Jr. is chairman and CEO; grandson John is president.
96. Ingram Industries (87)
Ingram
Books, shipping/Nashville, Tenn.
Founded: 1964
Revenues: $1.929 billion
Employees: 6,148
www.ingrambookgroup.com
Brothers Bronson and Fritz Ingram launched textbook supplies distribution company, built it into diversified distribution juggernaut. Bronson died 1995; his widow, Martha, now 68, inherited company. She took computer distributor Ingram Micro public 1996, split rest of family empire among her three sons: Orrin is CEO of Ingram Industries, which operates barges as well as Ingram Book Group (under brother John). David runs separately constituted Ingram Entertainment.
97. Sheetz (97)
Sheetz
Convenience stores/Altoona, Pa.
Founded: 1952
Revenues: $1.92 billion
Employees: 8,500
www.sheetz.com
Company founded 1952 by Bob Sheetz now operates 290 large convenience stores in Pennsylvania and some adjacent states. Still family-owned. Stephen Sheetz is chairman, Stanton Sheetz president and CEO, Louie Sheetz EVP marketing; Joseph Sheetz VP/finance.
98. *Demoulas Super Markets (91)
Demoulas
Grocery stores/Tewksbury, Mass.
Founded: 1954
Revenues: $1.9 billion
Employees: 12,700
Founded 1954 when brothers George and Mike Demoulas bought parents mom-and-pop grocery store. Company now operates almost 60 grocery stores in Massachusetts and New Hampshire. The men agreed that, upon one brothers death, the other would care for the deceaseds family and maintain firms 50-50 ownership. In 1990 Georges family alleged that Mike had defrauded them of all but 8% of companys stock; ten-year court battle was decided in favor of Georges family, giving it 51% of company. By then Mike had resigned as CEO; post remains vacant.
99. McWane (NR)
McWane
Hydrants, pipes/Birmingham, Ala.
Founded: 1921
Revenues: $1.9 billion
Employees: 5,200
www.mh-valve.com
One of worlds largest makers of cast-iron water and sewer pipes. Family patriarch K.R. McWane helped finance statue of Vulcan (god of fire and forge) that overlooks Birmingham. Still family-owned; great-grandson C. Philip McWane, 45, is chairman.
100. Carlson Cos. (88)
Carlson
Travel, hotels, restaurants/Plymouth, Minn.
Founded: 1938
Revenues: $1.885 billion
Employees: 53,000
www.carlson.com
Grocers son Curtis Carlson (1914-1999) created Gold Bond stamp company with $55 loan, built it into family-owned conglomerate of Radisson and Regent Hotels, Carlson Wagonlit Travel, Thomas Cook Group, TGI Friday, Seven Seas cruises, etc. Ownership now shared evenly by his two daughters: Marilyn Nelson, 64, current CEO, and Barbara Gage, 61. Founders son-in-law Skip Gage, formerly president, left company 1991 with a piece of his own when founder resumed control after successful bypass heart surgery. Marilyn known for vision, diplomacy, in contrast to hard-driving father.
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101. *Molex Inc. (75)
Krehbiel
Computer peripherals/Lisle, Ill.
Founded: 1938
Revenues: $1.843 billion
Employees: 16,640
www.molex.com
Fred Krehbiel invented Molex, an inexpensive plastic molding material for toys, flowerpots. Son John Sr. took company into electrical components. Now worlds second-largest connector manufacturer: 52 plants in 19 countries. Third-generation member John Jr. was president until July 1999, when first non-family president was appointed, but brother Fred, 62, is still co-chairman.
102. Hunt Construction Group (122)
Hunt
General contractor/Indianapolis
Founded: 1944
Revenues: $1.811 billion
Employees: 850
www.huntconstructiongroup.com
Leading builder of sports stadiums (Pittsburghs Three Rivers Stadium), airports, convention centers, etc.).Founded as Huber, Hunt & Nichols; name changed to reflect Hunt familys current ownership. Robert C. Hunt is chairman; Robert G. Hunt is CEO.
103. *Hillenbrand Industries (85)
Hillenbrand
Health care, funerals/Batesville, Ind.
Founded: 1884
Revenues: $1.757 billion
Employees: 10,300
www.hillenbrand.com
German immigrants son John A. Hillenbrand rescued Batesville Casket Co. from bankruptcy 1906, marketed first watertight caskets, added hospital beds 1928. His four sons diversified, took company public 1971. Founders youngest son, Daniel Hillenbrand, 80, is chairman emeritus; Ray Hillenrand, 68, is chairman. Three other Hillenbrands are involved; family owns about 25% of stock.
104. Leprino Foods (102)
Leprino
Cheese/Denver
Founded: 1950
Revenues: $1.75 billion
Employees: 3,000
www.leprinofoods.com
Italian immigrant Michael Leprino Sr. arrived in U.S. 1914, started making cheese for local grocers 1950. Company is now worlds largest maker of mozzarella cheese and big provider to pizza chains (Dominos, Pizza Hut, Little Caesar, etc.). Also operates refrigerated tractor-trailers. Company still family-owned and -run; James Leprino is CEO.
105. Follett (110)
Follett
College bookstores/River Grove, Ill.
Founded: 1873
Revenues: $1.733 billion
Employees: 10,000
www.follett.com
Worlds largest operator of college bookstores: 600 through U.S. and Canada. Owned by Follett family for four generations; today more than 100 family shareholders in three generations.
106. Haworth (89)
Haworth
Office furniture/Holland, Mich.
Founded: 1948
Revenues: $1.71 billion
Employees: 10,000
www.haworth.com
Founder Gerrard W. Haworth invested parents savings in custom wood products firm 1948, developed modular office partitions 1954. Succeeded 1976 by son Richard, now 61, who invented mobile office panel with internal wiring, built company through acquisitions to third-largest in office market.
107. Rich Products (106)
Rich
Coffee Rich, frozen foods/Buffalo, N.Y.
Founded: 1945
Revenues: $1.702 billion
Employees: 6,500
www.richs.com
Robert Rich Sr., son of Buffalo dairy processor, learned about soybean-based whipped topping as war food administrator during World War II. Idea led to liquid non-dairy creamer Coffee Rich. Company later expanded into frozen breads, cookies, cakes. Now 2,300 products and plants on four continents. Rich is now 89; son Robert Jr., 61, is CEO.
108. Crown Central Petroleum (95)
Rosenberg
Oil refiner/Baltimore
Founded: 1917
Revenues: $1.7 billion
Employees: 2,600
www.crowncentral.com
Independent oil refiner and marketer operates two refineries in Texas with total capacity of 152,000 barrels per day, 314 retail service stations in Mid-Atlantic and southeastern U.S., and 13 product terminals. Crown Central also offers fleet fueling services. Patriarch Louis Blaustein (1869-1937) and son Jacob Blaustein (1892-1970) invented first drive-in gas station, first high-test gas. Jacobs nephew Henry Rosenberg, now 73, and his family, through their Rosemore Inc., took full ownership of Crown Central 2001.
109. Brookshire Grocery (103)
Brookshire
Supermarkets/Tyler, Texas
Founded: 1921
Revenues: $1.7 billion
Employees: 11,500
www.brookshires.com
Supermarket chain (Brookshire and Super 1) founded 1921 by Wood T. Brookshire; today 135 stores in four Southern states. Split from Brookshire Brothers 1939 in dispute among founding brothers; now larger than original Brookshire Brothers Ltd. Bruce Brookshire is chairman; Tim, Brad, Mark and Brit Brookshire run four primary groups.
110. E&J Gallo Winery (104)
Gallo
Wines/Modesto, Calif.
Founded: 1933
Revenues: $1.7 billion
Employees: 3,500
www.gallo.com
Legendary winemaker finally emerging from iron-fisted rule of two founding brothers. Vintner Julio killed in truck accident 1993; marketer Ernest, 94, still in control but stepping back: He passed majority of his 50% ownership in trusts to second and third generations. Company now has three co-presidents, including Ernests son Joseph and Julios son Robert. Thirteen of founders grandchildren (the G3s), all raised on vineyards, active in company. Most visible: Julios granddaughter Gina Gallo, 36, one of Sonomas three top winemakers and the face of companys TV ads.
111. Cumberland Farms (116)
Haseotes/Bentas
Convenience stores/Canton, Mass.
Founded: 1938
Revenues: $1.7 billion
Employees: 6,976
www.cumberlandfarms.com
Founders Vasilios and Aphrodite Haseotes turned one-cow dairy into New Englands first convenience store. Company now has more than 1,000 stores and gas stations in 11 Eastern Seaboard states. Still family-owned; founders daughter Lily H. Bentas is current CEO.
112. Tishman Realty & Construction (105)
Tishman
Real estate development/New York
Founded: 1898
Revenues: $1.64 billion
Employees: 920
www.tishman.com
Construction behemoth has built 400 million square feet of hotels, skyscrapers, etc., since Polish immigrant Julius Tishman (d. 1936) started building tenements. His five sons and six grandsons have joined ompany. Went public 1928 and dissolved 1978 by third-generation president Robert Tishman, who launched partnership with son-in-law Jerry Speyer; reconstituted 1980 as private service company under Roberts cousin John, current CEO. Daniel Tishman is president.
113 *Amkor Technology Inc. (112)
Kim
Semiconductors/West Chester, Pa.
Founded: 1968
Revenues: $1.64 billion
Employees: 20,276
www.amkor.com
Top provider of semiconductor packaging and test services, founded by current CEO James Kim, 67. More than half its sales come from outside U.S. Kim family owns 44%.
114. Bashas (131)
Basha
Food retailing/Chandler, Ariz.
Founded: 1932
Revenues: $1.6 billion
Employees: 10,800
www.bashas.com
Ike (d. 1958) and Eddie Basha Sr. (d. 1968), sons of Lebanese immigrant, opened grocery in Arizona 1932, aided by mother and sisters. The company now has 135 stores, including supermarkets, gourmet markets and markets catering to Hispanics. Still family-owned; founders son, Stanford-educated Edward N. Basha Jr., 65, has been CEO since 1968.
115. Frank Consolidated Enterprises (114)
Frank
Fleet leasing and management (Wheels)/Des Plaines, Ill.
Founded: 1939
Revenues: $1.575 billion
Employees: 550
www.wheels.com
Pioneer auto leaser founded as Wheels by Zollie Frank 1939; now manages more than 240,000 vehicles. Still family-owned; founders widow, Elaine Frank, is chairman, son Jim, 59, is president and CEO; another son runs Chicago auto dealership subsidiary.
116. Mary Kay (127)
Ash
Cosmetics/Addison, Texas
Founded: 1963
Revenues: $1.56 billion
Employees: 3,600
www.marykay.com
Nations #2 direct seller of beauty products (behind Avon): More than 200 products sold by 925,000 mostly female sales reps. Famous for sales incentives (pink Cadillacs, etc.). Founder Mary Kay Ash died November 2001; her family owns most of company.
117. Hunt Consolidated (93)
Hunt
Oil, real estate/Dallas
Founded: 1934
Revenues: $1.5 billion
Employees: 2,600
www.huntoil.com
Holding company for oil and real estate businesses of Ray Hunt, 59-year-old son of late eccentric Texas wildcatter H.L. Hunt, who founded company 1934 (reportedly with funds won from poker games).
118. Maritz Corp. (124)
Maritz
Marketing research, travel/Fenton, Mo.
Founded: 1894
Revenues: $1.5 billion
Employees: 6,000
www.maritz.com
Founder Edward Maritz started making watches and jewelry. After 1929 stock market crash, son James A. Maritz turned to motivational research to stimulate sluggish sales, became leader in sales incentives. Now out of jewelry business altogether and into marketing, employee incentive programs, travel in 240 offices in North America and Europe. Still family-owned and -operated. W. Stephen Maritz, 44, is chairman and CEO.
119. *A.O. Smith Corp. (133)
Smith
Motors/Milwaukee
Founded: 1874
Revenues: $1.469 billion
Employees: 16,200
www.aosmith.com
Company makes electric motors and water heaters in 35 plants in eight countries. Still controlled by founding Smith family. Bruce Smith, 54, and Mark Smith, 40, sit on board.
120. *American Eagle Outfitters (121)
Schottenstein
Clothing retailer/Warrendale, Pa.
Founded: 1977
Revenues: $1.463 billion
Employees: 11,800
www.ae.com
Mall-based retailer operates 750 stores in U.S. and Canada selling casual apparel and accessories. Schottenstein family owns 26%; Jay Schottenstein, 48, is chairman.
121. Walsh Group (120)
Walsh
Construction/Chicago
Founded: 1898
Revenues: $1.45 billion
Employees: 3,000
www.walshgroup.com
Family-owned company has built vast array of major projects (highways, bridges, skyscrapers, hospitals, shopping malls, prisons, etc.) since inception. Matthew Walsh is current CEO; Daniel Walsh is president.
122. Planet Automotive (123)
Potamkin
Auto dealerships/Coral Gables, Fla.
Founded: 1946
Revenues: $1.411 billion
Employees: 1,600
www.planetautomotive.com
Victor Potamkin opened Chevrolet agency in Philadelphia 1946, moved to New York 1970s. Starred in TV commercials with his wife, Luba; built chain of 20 dealerships in Florida, New York, Illinois, Iowa, Massachusetts, New York, Pennsylvania. Sons Robert, 57, and Alan, 55, now run company, renamed and decentralized 1997.
123. A.G. Spanos Cos. (108)
Spanos
Construction/Stockton, Calif.
Founded: 1960
Revenues: $1.4 billion
Employees: 600
www.agspanos.com
Wide-ranging construction firm has built more than 80,000 apartments and 3 million square feet of commercial space in 18 states since founding by chairman Alex G. Spanos, 79. He still owns the firm; son Dean, 53, is president and CEO; Dean's brother Michael, 43, is executive VP.
124. Asplundh Tree Expert (117)
Asplundh
Tree management/Willow Grove, Pa.
Founded: 1928
Revenues: $1.4 billion
Employees: 24,000
www.asplundh.com
Swedish-American brothers Carl, Griffifth and Lester Asplundh started trimming trees around power lines for utilities, railroads, etc. Four of their original customers are still with them. They were joined by gardener brother Oswald 1936, by founders seven sons in 1950s. Three served as chairman in 1990s. Company is now worlds largest tree service. Still family-owned; 15 third-generation members involved. Christopher Asplundh is current CEO; Scott Asplundh is president.
125. *Perot Systems (128)
Perot
Information technology/Plano, Texas
Founded: 1988
Revenues: $1.332 billion
Employees: 9,100
www.perotsystems.com
Data-processing pioneer-cum-reform-politician H. Ross Perot formed this computer outsourcing company after leaving Electronic Data Systems Corp., which he sold to General Motors. Perot, 73, owns about 30% and remains chairman; in 2000 he elevated son Ross Jr., 43, to president and CEO.
126. Delaware North Cos. (107)
Jacobs
Food services/Buffalo, N.Y.
Founded: 1915
Revenues: $1.3 billion
Employees: 25,000
www.delawarenorth.com
Food concession giant (stadiums, airports, national parks) founded 1915 by brothers Charles, Louis and Marvin Jacobs. Still controlled by Jacobs family; CEO Jeremy Jacobs also owns hockey Boston Bruins. Son Jeremy Jr. is EVP.
127. Day & Zimmermann Group (109)
Yoh
Engineering, construction/Philadelphia
Founded: 1901
Revenues: $1.3 billion
Employees: 20,000
www.dayzim.com
Engineering services firm with 150 locations worldwide, projects completed in more than 75 countries. Founded by two engineering students; acquired by Harold Yoh Sr. 1946. Son Harold (Spike) Jr., 66, now chairman emeritus. His five children now run company, led by Hal 3rd, 42.
128. Sierra Pacific Industries (115)
Emmerson
Lumber/Anderson, Calif.
Founded: 1949
Revenues: $1.3 billion
Employees: 3,900
www.spi-ind.com
R.H. (Curly) Emmerson built sawmills in family backyard in late 1920s. With son Archie (Red), he formed sawmill partnership R.H. Emmerson & Son 1949. Company was taken public as Sierra Pacific Industries 1969; privatized 1974. Now North Americas largest private timberland holder. Archie still at helm at 74; all three children also active. Son George, 47, runs sales/marketing; Mark, 43, is CFO; daughter Carolyn Dietz runs company foundation.
129. *Imperial Sugar (111)
Kempner
Sugar refiner/Sugar Land, Texas
Founded: 1905
Revenues: $1.298 billion
Employees: 2,500
www.imperialsugar.com
Russian-born Harris Kempner (1837-1894) settled in Galveston, Texas, opened wholesale grocery business, soon largest in South. Sons started Imperial Sugar, bank, other enterprises. Company now largest refined sugar supplier in U.S. although filed for bankruptcy 2001; still family-controlled.
130. Rooney Brothers (141)
Rooney
Construction, electronics/Tulsa, Okla.
Founded: 1896
Revenues: $1.201 billion
Employees: 2,500
www.rooneybrothers.com
L.H. Rooney founded Manhattan Construction 1896; descendants acquired it 1984 under Rooney Brothers umbrella. Builds hospitals, government buildings (George Bush Presidential Library in Texas), offices, highways and sports arenas (Reliant Stadium in Houston). L. Francis Rooney III, 49, is chairman; Timothy Rooney is president of Manhattan Construction.
131. W.L. Gore & Associates (118)
Gore
Fabrics, industrial products/Newark, Del.
Founded: 1958
Revenues: $1.2 billion
Employees: 6,000
www.gore.com
Former DuPont technician Wilbert Gore (d. 1986) and his wife, Vieve, started developing applications for fluorocarbon polymers in their basement. Created insulated cable, then Gore-Tex fabric, used in outerwear, medicine, telecommunications, consumer goods. Today company has 45 plants worldwide. Son Bob took over on Wilberts death. Gore family owns 75% of company, key employees the rest.
132. *Goodys Family Clothing (132)
Goodfriend
Department stores/Knoxville, Tenn.
Founded: 1913
Revenues: $1.193 billion
Employees: 10,000
www.goodysonline.com
Company operates some 330 small department stores in 18 states, mainly in strip malls in Southeast and Midwest. Chairman and CEO Robert Goodfriend, 52, son of founder M.D. Goodfriend, owns about 42%.
133. Goodman Manufacturing (136)
Goodman
Air conditioning, appliances/Houston
Founded: 1977
Revenues: $1.15 billion
Employees: 3,750
www.goodmanmfg.com
Harold Goodman founded company, which makes air conditioning, ventilation and heating equipment for residential and commercial use. Still owned by Goodman family; John B. Goodman is chairman.
134. American Century Cos. (134)
Stowers
Mutual funds/Kansas City, Mo.
Founded: 1958
Revenues: $1.11 billion
Employees: 3,000
www.americancentury.com
Investment manager oversees more than 60 mutual funds. Still controlled by founder/chairman James Stowers Jr. and family; son James E. III is co-chairman.
135. Duchossois Industries (135)
Duchossois
Racetracks, rail and military equipment/Elmhurst, Ill.
Founded: 1906
Revenues: $1.105 billion
Employees: 6,500
Created 1917 as Thrall Car, a small repair shop, evolved into railroad car manufacturer 1951; that unit recently sold. Acquired Chicagos famous Arlington race course 1983, recently sold for 30% interest in Churchill Downs. Through Chamberlain unit, diversified into garage door openers, keyless entry systems, etc. Still owned by family of chairman Richard Duchossois, 80; Craig Duchossois, 58, is CEO and president.
136. L.L. Bean (129)
Bean
Sporting goods/Freeport, Maine
Founded: 1912
Revenues: $1.1 billion
Employees: 4,500
www.llbean.com
Iconoclastic catalog firm, famous for customer service, still controlled by descendants of founder Leon Leonwood Bean. Publishes 50 catalogs a year; also runs 15 U.S. factory outlets plus nine in Japan.
137. Dart Container (130)
Dart
Cups, containers/Mason, Mich.
Founded: 1937
Revenues: $1.1 billion
Employees: 4,950
www.dartcontainer.com
Small machine shop making plastic key cases and dog tags for GIs in Mason, Mich.; evolved into worlds largest maker of foam cups and containers; also Dart Energy, an oil and gas exploration business. Despite constant litigation, still family-owned; Kenneth Dart is CEO.
138. Gould Paper Corp. (NR)
Gould
Paper distributor/New York
Founded: 1924
Revenues: $1.1 billion
Employees: 485
www.gouldpaper.com
One of nations largest distributors of printing and fine papers, expanded over the years through several acquisitions. Owner and longtime president/CEO Harry E. Gould Jr. is son of founder.
139. *McClatchy Co. (137)
McClatchy
Newspapers/Sacramento, Calif.
Founded: 1857
Revenues: $1.082 billion
Employees: 9,332
www.mcclatchy.com
Newspaper chain publishes Minneapolis Star-Tribune, Sacramento Bee, Raleigh News & Observer, seven other dailies, a dozen weeklies. McClatchy family controls more than three-fourths of company.
140. Watkins Associated Industries (138)
Watkins
Trucking, seafood/Atlanta
Founded: 1932
Revenues: $1.076 billion
Employees: 10,000
www.watkins.com
Bill Watkins founded company with $300 pickup truck, grew into long-haul carrier Watkins Motor Lines (4,000 tractors, 11,500 trailers, and 132 terminals). Now into seafood processing, concrete, real estate development. Still family-owned; John Watkins is CEO, Michael Watkins president, Greg Watkins president of Highway Transport Group.
141. *M/I Schottenstein Homes (143)
Schottenstein
Home builder/Columbus, Ohio
Founded: 1976
Revenues: $1.033 billion
Employees: 946
www.mihomes.com
Company builds about 4,000 single-family homes a year in seven states. Schottenstein family owns about 40% of company; Irving Schottenstein, 74, is chairman and CEO, Robert, 50, vice chairman and president, Steven, 46, COO.
142. Crowley Maritime (NR)
Crowley
Marine services/Oakland, Calif.
Founded: 1892
Revenues: $1.001 billion
Employees: 3,800
www.crowley.com
Founder Thomas Crowley began with 18-foot boat carrying supplies and crew to ships in San Francisco Bay. Company is now one of worlds largest tug and barge operators: 300 vessels, 100 offices worldwide. Family and employees own 85% of firm; founders grandson Thomas Crowley is CEO.
143. Berwind Group (146)
Berwind
Industrial equipment, etc./Philadelphia
Founded: 1874
Revenues: $1 billion
Employees: 3,500
www.berwind.com
Founded to mine Appalachian coal; since 1962 began leasing coal sites and investing elsewhere. Today company is out of coal altogether. Diversified operations include computer display screens for planes and cars, Supra lock boxes, real estate, investment banking, pharmaceuticals. Still wholly owned by Berwind family.
144. P.C. Richard & Son (145)
Richard
Appliance stores/Farmingdale, N.Y.
Founded: 1909
Revenues: $993 million
Employees: 2,200
www.pcrichard.com
Founded 1909 by Dutch immigrant milkman and jack-of-all-trades Peter Christiana Richard, the family-owned company has more than 40 stores in New York City metropolitan area. Once a hardware store, P.C. Richard now gets more than half its sales from appliances and home electronics. Firm operated by fourth-generation Richard family members. Alfred Richard is chairman, Gary Richard presient, Gregg Richard VP/merchandising.
145. *Meredith Corp. (140)
Meredith
Magazines, TV/Des Moines, Iowa
Founded: 1902
Revenues: $988 million
Employees: 2,569
www.meredith.com
Company publishes 16 magazines (Better Homes and Gardens, Ladies Home Journal), 120 special-interest publications, and some 300 books. Also owns a dozen TV stations. Family of founders late grandson E. T. Meredith III controls about half of stock.
146. McKee Foods (144)
McKee
Snack foods/Collegedale, Tenn.
Founded: 1934
Revenues: $97 million
Employees: 6,500
www.mckeefoods.com
Largest independent bakery in U.S.; makes snack cakes (Little Debbie), cream-filled cookies, crackers and candy. Founder O.D. McKee and wife Ruth started 1934 selling nickel cakes from backseat of their car. Still family-owned and -operated. Ellsworth McKee is chairman, Jack McKee CEO, Mike McKee president.
147. Minyard Food Stores (NR)
Minyard
Grocers/Coppell, Texas
Founded: 1932
Revenues: $91 million
Employees: 6,700
www.minyards.com
From a single store in east Dallas opened by postal employee A.W. Eck Minyard and four siblings, company grew to a regional grocery chain with 70-plus supermarkets mostly in Dallas/Fort Worth area. Also owns 14 On the Go gas stations. One of nations largest companies owned and run by women: second-generation sisters Elizabeth Minyard and Gretchen Minyard Williams. Founders nephew Bob Minyard is chairman of executive committee.
148. Longaberger Co. (142)
Longaberger
Handmade baskets/Newark, Ohio
Founded: 1973
Revenues: $906 million
Employees: 7,300
www.longaberger.com
Leading maker of handmade baskets in U.S.: nearly 10 million a year. Founded 1973 by Dave Longaberger, who died 1999. Still family-owned; now run by his daughters Tami (CEO) and Rachel (who heads the Longaberger Foundation).
149. American Retail Group (125)
Brenninkmeyer
Retail clothing stores/Norcross, Ga.
Founded: 1931
Revenues: $9 million
Employees: 11,000
Retail clothing giant is U.S. outpost of Netherlands Brenninkmeyer family. Company sells mid-priced apparel and outdoor clothing through about 900 stores in U.S. More than 200 family members are employed; Hans Brenninkmeyer is chairman.
150. *Village Super Market (NR)
Sumas
ShopRite supermarkets/Springfield, N.J.
Founded: 1937
Revenues: $883 million
Employees: 4,100
www.shoprite.com/srframeset.htm
Run by Sumas family since its founding 1937, Village Super Market operates 23 ShopRite supermarkets in New Jersey and Pennsylvania. Sumas family controls nearly 70% of voting stock. James Sumas, 69, is chairman, Perry Sumas, 87, president and CEO. Three other Sumases are executive VPs.
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