Wawa and Comcast made Forbes’ list of America’s biggest family businesses
The rankings, Forbes wrote, celebrate “companies that provide the foundation for much of the nation’s economy.”

Comcast and Wawa are among America’s largest family businesses by revenue, according to a new Forbes analysis.
At the top of the list of 100 companies — both publicly traded and privately held — is retail giant Walmart ($713 billion in annual sales), led by the Walton family.
The rankings, Forbes wrote, celebrate “companies that provide the foundation for much of the nation’s economy.”
Defining what counts as a family business is tricky, Forbes wrote, but almost all private companies on the list “are more than 50% owned by their founding families.”
For public companies, Forbes included businesses in which a family owns at least 10%, as well as those like Comcast that fall short of that threshold but where the family controls at least 33% of the votes.
Led by CEO Brian Roberts, Comcast, the Philadelphia-based telecommunications and entertainment company, ranked No. 5, with $124 billion in revenue. The Roberts family owns 1% of the company, according to Forbes.
» READ MORE: With ‘cable monopoly’ over, Comcast is chasing mobile users
Delaware County-based Wawa landed at No. 26. The privately held convenience store chain had $19 billion in revenue, Forbes reported. The Wood family owns 50% of the company, according to the news organization. Wawa has said its employees own more than 40%.
» READ MORE: Wawa has expanded far beyond Philly. But hometown fans still fuel the chain’s success
Other local companies on the list include King of Prussia-based Universal Health Services (No. 29), which is 28% owned by the Miller family and which operates hospitals and behavioral health sites. Camden-based canned soup maker The Campbell’s Company — which Forbes reported is 35% owned by the Dorrance family — ranked No. 50.
Vegetation management firm Asplundh Tree Expert, of Willow Grove, came in at No. 78. The Asplundh family owns 51% of the business, Forbes reported.
