10 of the World’s Most Valuable Private Companies

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4. Schwarz Group

Annual Revenue: $144.18 Billion

Another German retailer that has grown to become one of the most valuable private companies in the world is The Schwarz Group. The company operates over 12,500 stores across more than 30 countries and employs around 500,000 people. The Schwarz Group was founded in 1930 by Josef Schwarz in Germany. The Schwarz Group has a strong focus on sustainability. It has committed to reducing its carbon emissions by 55% by 2030 and is investing heavily in renewable energy projects.

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