Who Owns Harley Davidson
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With humble beginnings as a side project of childhood friends, William Davidson, Sr. and Arthur Walter Davidson, Harley Davidson is a well-known motorcycle manufacturer today. That their motorcycles have become iconic and popular around the world speaks to the brand’s long-standing success. As Harley Davidson celebrates its 117th anniversary, let’s take a look behind the scenes at who owns the company and how much they’re worth.
Harley Davidson is privately owned by the Davidson family. William Davidson Jr., grandson of the original founders, became the majority shareholder and CEO in 1971, when the company continued to be privately owned. William Jr. resigned from his position in 1999 and passed away in 2012.
The remaining ownership of the company is held by the Davidson Family, descendants of the founders, who jointly own approximately 40 percent of the outstanding shares. The rest of the outstanding shares are owned by multiple groups, including venture capital companies and private investors.
Forbes has estimated the net worth of the Davidson family to be around $8 billion. This impressive net worth has been growing steadily since the beginning of the company’s production of motorcycles in 1904.
Harley Davidson’s brand recognition and strength will likely ensure its success for years to come. With its steady growth, the Davidson family’s wealth and legacy look set to continue for generations. With their strong commitment to quality manufacturing, the family has ensured that Harley Davidson stays at the top of the motorcycle market.