It is a common misconception that Publix employees own the company. While it is true that some Publix employees are shareholders, the majority of shares are owned by the founding families.
This includes the descendants of George W. Jenkins, who founded Publix in 1930. As of 2016, the Jenkins family owned more than 50% of Publix shares.
So, while Publix employees may have a financial stake in the company, they do not own it outright. This ownership structure is one of the things that makes Publix a unique grocery store chain.
In conclusion, while some Publix employees may be shareholders, the majority of shares are owned by the founding families. Therefore, while Publix employees have a financial stake in the company, they do not own it outright.
