A quick history lesson on Dollar General:
Dollar General Corporation, Inc. is a Fortune 500 company with over 13,000 stores across the United States. The company is headquartered in Columbus, GA. Dollar General is the second-largest U.
S. discount retailer behind Walmart.
Dollar General Corporation has been around since 1978. The company was founded by Irwin Jacobs, who also founded Jacobs Engineering Corporation.
Dollar General Corporation is a subsidiary of Dollar Tree, Inc.
In 2017, Fortune estimated that Dollar General Corporation was worth $17.7 billion.
Does China own Dollar General?
Although it is not confirmed, it is widely believed that China owns a majority stake in Dollar General Corporation. This is based on several factors, including the fact that Dollar General Corporation is based in Columbus, GA, which is a major Chinese investment hub.
Additionally, Dollar General Corporation has been steadily expanding into China over the years, which would make sense if China were to have a majority stake in the company.