DeathArrow 9 days ago

Not journalism but I think Ikea and Rolex are owned by some trusts, too.

4
actionfromafar 9 days ago

Ikea trust is more of a shell game to keep the family in charge while avoiding tax and general scrutiny and liability.

erk__ 9 days ago

In Denmark it is not too uncommon for the larger companies, JP/Politikens Hus which publishes two of the largest Danish newspapers is trust owned. Novo Nordisk and Mærsk which are the two largest danish companies are trust owned as well.

fransje26 9 days ago

And Bosch.

Edit: Scratch that. Bosch is owned by a foundation.

ericjmorey 9 days ago

The Ikea Trust is for the benefit of the family that controls it.