5 Largest Privately Held Companies in America

In this article, we will look at the 5 largest privately held companies in America. If you want to explore similar companies, you can also take a look at 25 Largest Privately Held Companies in America.

5. Pilot Company

Annual Revenue: $41.9 Billion

Founded by Jim Haslam in 1958, Pilot Company is a family owned and operated business that is now one of the top providers of fuel and the biggest operator of travel centers in North America. The company distributes over 14 billion gallons of fuel annually, with the added offering of DEF, bio, and renewable fuels. Pilot Company operates over 750 travel centers in 44 U.S. states and 6 Canadian provinces. According to Forbes, the company generated an annual revenue of $41 billion in 2022.

4. Mars, Incorporated

Annual Revenue: $45 Billion

Mars, Incorporated is a leading global food company, popularly known for its iconic candy brands like M&M’s, Snickers, and Twix. Founded in 1911 by Frank C. Mars, the company has grown to become one of the largest privately-held companies in America. Mars, Incorporated has over 140,000 employees and an estimated annual revenue of $45 billion, as of 2022.

3. Publix Super Markets

Annual Revenue: $48 Billion

Publix Super Markets is one of the largest and most successful regional grocery store chains in the United States. Founded in 1930 by George W. Jenkins, the company has grown to more than 1,200 stores and 230,000 employees in over six states. With a commitment to customer service, quality products, and competitive prices, Publix Super Markets has become a staple in the grocery business.

2. Koch Industries

Annual Revenue: $115 Billion

Koch Industries is a multinational conglomerate based in Wichita, Kansas. Founded in 1940 by Fred C. Koch, the company has grown to become one of the largest privately owned companies in America, with an estimated annual revenue of $115 billion. Koch Industries operates in a variety of industries, including refining, chemicals, polymers, minerals, fertilizers, consumer products, building products, financial services, and investments.

1. Cargill

Annual Revenue: $165 Billion

Cargill is a global leader in the production and distribution of food, agricultural, financial and industrial products, as well as a provider of risk management and supply chain services. Founded in 1865, the company has grown to encompass over 70 countries and employs more than 155,000 people. Cargill is one of the largest privately-held companies in America.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily enewsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below. You can also take a look at 14 Small Cap Stocks with Huge Potential and 16 Stocks with the Lowest PE Ratios.