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Wegmans Ranks 36th on Forbes Family-Owned List with $14.3 B Revenue

5/14/2026

Summary

Wegmans Ranked 36

Wegmans Food Markets ranked No. 36 on Forbes’ 2026 list of 100 family-owned firms with $14.3 billion revenue.
The ranking tied Wegmans with Estée Lauder, while SC Johnson and News Corp shared the same spot.
Founded in 1916 by John and Walter Wegman, the family-run chain now operates 49 New York stores out of 114, with Danny Wegman as chairman and his daughter Colleen Wegman as president and CEO since 2017.

Summary

Forbes Ranks Families

Forbes released its first list of America’s top family businesses and highlighted their community impact.
Family firms plan in decades rather than quarters and weigh employees, customers, communities and heirs.
Byron D. Trott, chairman and co-CEO of BDT & MSD Partners, advises Cox Enterprises and Enterprise Mobility.
Private ownership lets these firms invest through cycles without constant public scrutiny while a new generation adds technology and philanthropic expertise.

History

Historical Context

Henry Ford incorporated Ford Motor Company on June 16 1903, launching a family-controlled enterprise that still holds about 40 % of voting power through Class B shares. Ford’s pioneering moving assembly line in 1913 set a model for vertically integrated, multigenerational firms. Today, companies such as Wegmans Food Markets and Cox Enterprises follow the same private-ownership pattern, suggesting family firms will continue shaping the U.S. economy.

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Wegmans Ranked 36

Wegmans Food Markets ranked No. 36 on Forbes’ 2026 list of 100 family-owned firms with $14.3 billion revenue.
The ranking tied Wegmans with Estée Lauder, while SC Johnson and News Corp shared the same spot.
Founded in 1916 by John and Walter Wegman, the family-run chain now operates 49 New York stores out of 114, with Danny Wegman as chairman and his daughter Colleen Wegman as president and CEO since 2017.

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