Study issued by the Foundation for Family Businesses: 40 percent of listed companies are family businesses. Their business operations are more solid and successful.
Munich, 25.09.2019

The economic significance of family businesses - Fifth edition

Family businesses are the job engines of the German economy: in recent years they have created more jobs than those DAX companies with dispersed ownership. This is one of the conclusions drawn in the fifth edition of the study series “The economic significance of family businesses”. Between 2007 and 2016, Germany’s 500 largest family businesses expanded their employment in Germany by 23 percent to 2.54 million people. In contrast, the 27 DAX companies that are not family businesses were only able to increase employment by 4 percent – to 1.55 million. Measured in revenue as well, the top 500 family businesses outpaced the 27 DAX companies, increasing their group-wide sales by 36 percent between 2007 and 2016. The 27 DAX companies increased their sales by only 29 percent.

Further information:

Cornelia Knust
Head of Communication

The Foundation for Family Businesses
Prinzregentenstrasse 50
D-80538 Munich

Phone: + 49 (0) 89 / 12 76 40 00 6
Fax: + 49 (0) 89 / 12 76 40 00 9

E-Mail: knust(at)