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Who owns Publix?

Updated: 10/6/2023
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โˆ™ 11y ago

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Mr. George Jenkins was the founder of Publix. Today, the Publix corporation is a company which is owned by the employees. This company is not publicly traded on the Stock Market. All stock bought and sold is inter-company.


Mr. Jenkins made the decision shortly after company's founding to invest his employees in the company. For this purpose, he "gave" them a "raise" of two dollars which was promptly invested in stock in the store. Today, the employees are base invested according to the number of hours worked. More stock can be purchased through payroll options and other means.

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โˆ™ 11y ago
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โˆ™ 11y ago

There are no Publix in the country of Columbia. If you are speaking of the city in the Carolinas, then Publix is a private corporation that is employee owned. That is, all employees have a stake in the Publix corporation. We think it is better because we are involved in our company.

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โˆ™ 10y ago

Publix is a private, employee-owned company. Employees, their families, and their heirs own the chain.

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