According to a recent report, the family that founded and controls Publix Super Markets Inc. is now the richest in the U.S.
The family, which includes current Publix CEO and President Todd Jones, is worth an estimated $17.7 billion.
That puts them ahead of the second-richest family in the country, the Waltons of Walmart fame, who are worth an estimated $15.4 billion.
The Publix family’s fortune was built on the success of the supermarket chain, which has more than 1,100 locations in seven states across the southeastern U.
Publix is a privately-held company, so its ownership structure is not public. However, it is believed that the majority of shares are held by members of the founding family.
That means that they are likely to maintain their position as the richest family in America for the foreseeable future.
Who owns the most Publix stock?
Based on available information, it is believed that members of the founding family own the majority of shares in Publix Super Markets Inc. This gives them a net worth of an estimated $17.7 billion, making them the richest family in America.
