Award criteria
The Award recognizes large (annual turnover of at least USD 0.5 billion), global (operations on at least two continents) and multigenerational (of at least 3rd generation) family businesses with excellence on both family and business dimensions.
In selecting the award winner, a panel of independent jury experts examines further aspects of the family business. Careful consideration is given to the values of the people who run the business, the way in which they unite their family and business interests and combine tradition and innovation while demonstrating a clear commitment to their communities.