With a compound estimated net worth of $18.2 billion, the S.C. Johnson family is one of the richest American families. The family’s wealth was initially created by its namesake, who got a manufacturing company in 1886. The company was eventually taken over by his son Herbert Fisk Johnson. Since then, the lineage fortune has passed through a number of heirs and is currently being managed by the fifth generation of Johnson family associates through a holding company called Johnson Family Enterprises. Herbert Fisk Johnson III is the current CEO and chairman of the corporation.
Below are three companies that are owned and controlled by the S.C. Johnson Family.
- With a combined estimated net importance of $18.2 billion, the S.C. Johnson family is one of the richest American families.
- The vast majority of the S.C. Johnson $18 billion property is invested in a family-controlled holding company called Johnson Family Enterprises.
- The holding company owns a handful of both restricted and public companies, including Johnson Financial Group, Johnson Outdoors and the original company, S.C. Johnson and Son.
S. C. Johnson & Son, Inc.
With managements worldwide and products sold in virtually every country around the world, S.C. Johnson & Son, Inc. could be considered the crown pearl of the Johnson Family. The company came into existence in 1886 when a furniture salesman by the name of Samuel Curtis Johnson realized a small, Wisconsin-based flooring business that he worked for. Today, S.C. Johnson has grown into an internationally recognized fabricator of cleaning supplies and other consumer chemicals. The company is behind various popular household names such as Baygon, Windex, Vouch and Ziploc.
Despite being founded more than 129 years ago, S.C. Johnson is still headquartered in Racine, Wisconsin. The ensemble is currently in its fifth generation of family ownership and is led by Herbert Fisk Johnson III. As of 2019, Forbes estimated his personal net worth to be $4.3 billion.
Johnson Monetary Group
The Johnson Financial Group is another privately-held company that is owned by the S.C. Johnson family. The subsidiary was developed in 1970 by Samuel Charles Johnson Jr., who led the S.C. Johnson group of companies during its fourth generation of family leadership. His daughter, Helen Johnson currently come around withs as the company’s chairman.
Over the past three decades, Johnson Financial Group has grown from a staff of three managing in a trailer to the second-largest, family-owned bank in Wisconsin. The company currently employs more than 1,000 people and anticipates a wide range of financial products and services to both individuals and businesses through its banking and insurance divisions.
Incompatible with the two above companies, Johnson Outdoors (JOUT) is not a
The Bottom Line
The S.C. Johnson family is among the top twenty wealthiest kinds in America, and the vast majority of their $18 billion fortune is invested in a family-controlled holding company called Johnson Ancestors Enterprises. The holding company owns a handful of both private and public companies. These include Johnson Monetary Group, Johnson Outdoors and the original company, S.C. Johnson and Son.