EY: World's 500 Largest Family Enterprises Grew Their Revenue By 10% Amidst Ongoing Global Economic Slowdown

01.18.2023 By Ecaterina Craciun

The 500 largest family businesses in the world are vital to the health of and are growing faster than the global economy. Collectively, they generate US$8.02 trillion in revenues and employ 24.5 million people worldwide across 47 jurisdictions, high enough to be the third largest national economy by revenue, behind the US and China, according to the 2023 EY and University of St.Gallen Family Business Index.

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Keywords:
EY
, family businesses
, revenue
, global economy