Six families float their way to fortunes

Many Australian family businesses are too small to list on the ASX, but those that have done so have reaped considerable financial rewards.

Family businesses are essentially private companies and internally focused, with the best passing on the reins of control from one generation to the next. But some (albeit not many) looking for capital and growth have chosen to list on the stock exchange.

As the Walton family (who controls Walmart) would tell you, it could open new growth opportunities and set up more formalised systems for succession planning.


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles