Todd Family

Todd Corporation is owned by the Todd family in New Zealand. The Todd Family is involved in the extraction and refinement of petroleum products. Todd's has also assisted in the assembly of a wide range of automobiles as well as light and large commercial vehicles. The Todd Corporation, located in Wellington, New Zealand, is a big private New Zealand firm worth $3.3 billion that is owned and controlled by the Todd family. Henry Tait, chairman of the board, and Jon Young, Group Chief Executive Officer, currently lead the company.

In addition, the company currently employs 800 people in 20 locations across New Zealand, Australia, and the United States. This group contains eight members of the Senior Management Team and nine members of the Board of Directors. Todd Corporation is thought to have started in Central Otago in 1885 when Scottish immigrant Charles Todd formed and operated either a wool scouring business or a country goods store. After the company began importing motor vehicles in 1929, it evolved into a car sales and servicing business operated by his son and namesake Charles Todd.

Net worth: $3.3 Billion