The S.C. Johnson family was estimated in 2020 to have a net worth of $37 billion, placing it among the wealthiest families in the United States. Samuel Curtis Johnson founded the company in 1886 after acquiring a parquet flooring company. This led to an expansion into floor wax and finishes. His son Herbert Fisk Johnson ran the company until 1928 and today the business is managed by the fifth generation of Johnson family members. Herbert Fisk Johnson III is chair and CEO.
Below are three companies owned by the S.C. Johnson family.
Key Takeaways
The S.C. Johnson family is estimated to be worth $37 billion (as of 2020), making it one of the richest families in the United States.
The vast majority of the family wealth is tied to S.C. Johnson, a household cleaning products company with an estimated $11 billion in sales in 2020.
The family's other holdings include Johnson Financial Group and Johnson Outdoors.
S.C. Johnson & Son is the crown jewel of the Johnson family fortune. It employs 13,000 people and sales were estimated at $11 billion in 2020. The company's portfolio of household cleaning products include Pledge furniture polish, Windex window cleaner, Glade air freshener, Shout detergent, Saran plastic wrap, Ziploc bags and Kiwi shoe polish.
Samuel Curtis Johnson founded the company in 1886 in Racine, Wisconsin, where the company is still headquartered today. The company sold parquet flooring and earned a net profit of $268.27 in its first year. Business exploded after Johnson developed a floor wax paste to help his customers keep their floors shiny. By 1898, sales of floor wax, finishes and wood fillers outstripped the original parquet flooring business.
The company is in its fifth generation of family ownership. Herbert Fisk Johnson III, chair and CEO, was estimated to be worth $3.9 billion as of January 2022.
Johnson Financial Group
Johnson Financial Group runs wealth management, banking and insurance businesses. It employs more than 1,200 people and has $15 billion in assets under management, as of January 2022. Samuel C. Johnson, a fourth generation family member, founded the company in 1970. His daughter Helen Johnson-Leipold is chair.
Johnson Financial Group began as a regional bank operating from a trailer with eight staff. It acquired a Swiss bank and then expanded into mutual funds. Revenue is estimated at $305 million for 2020.
Johnson Outdoors
Johnson Outdoors (JOUT) is a maker of fishing gear, scuba diving equipment, camping supplies and watercraft. It employs 1,200 people and operates in 80 countries. The company is listed on the Nasdaq and is the only holding in Johnson family empire that is not a wholly-owned subsidiary. Samuel C. Johnson founded the company in 1970 and his daughter Helen Johnson-Leipold is chair and CEO.
In 2020, the company sold $594.2 million in gear, compared with $562.4 million the previous year. Earnings came in at $55.2 million, up from $51.4 million the year before. Fishing equipment was the largest sales contributor, providing $449.9 million in revenue. The company sells motors, shallow water anchors, fish finders and digital maps under the Minn Kota and Humminbird brands.
The Bottom Line
The S.C. Johnson family is among the wealthiest in America, with a fortune estimated at $37 billion. From modest beginnings as a flooring company, the family expanded and diversified into multiple household cleaning products, in addition to financial services and outdoor recreational gear.
SC Johnson: A Family Company at Work for a Better World
We are Pledge®, Glade®, OFF! ®, Mr Muscle® and many other brands you know. SC Johnson is a 5th generation owned family company, which means we do not answer to Wall Street. We do what is right for people and the planet because our priority is you.
brands include Glade®, Kiwi®, OFF!®, Pledge®, Mr Muscle
Mr Muscle
Mr Muscle is a British brand of hard-surface cleaners. It has been manufactured by S. C. Johnson & Son, since their purchase of Drackett from Bristol-Myers Squibb in October 1992. The original product—an aerosol oven cleaner—was developed at Drackett in 1986. The Mr Muscle product lineup has since expanded.
®, Duck®, Baygon® and Raid®. Other brands include Ziploc®, Scrubbing Bubbles
Scrubbing Bubbles
Scrubbing Bubbles is the brand name of a bathroom cleaner produced by S. C.Johnson & Son. The product was originally named Dow Bathroom Cleaner after the Dow Chemical Company, its manufacturer at the time.
https://en.wikipedia.org › wiki › Scrubbing_Bubbles
The vast majority of the family wealth is tied to S.C. Johnson, a household cleaning products company with an estimated $11 billion in sales in 2020. The family's other holdings include Johnson Financial Group and Johnson Outdoors.
The company is owned by the Johnson family. H. Fisk Johnson, Chairman and CEO since 2004, is the fifth generation of the Johnson family to lead the company.
Ziploc is an American brand of reusable, re-sealable sliding channel storage bags and containers originally developed and test marketed by Dow Chemical Company in 1968 and now produced by S. C.Johnson & Son.
Is SC Johnson affiliated with Johnson & Johnson? No. While we share a similar name, we are two completely different organizations and have never been affiliated or part of the same company. The Johnsons of SC Johnson are not related to the Johnsons of Johnson & Johnson.
Brillon Consumer Products is the Joint Venture in India between S C Johnson Pvt Ltd and Bansk Group, a Private Equity Firm spread across multiple categories – viz Pest Control, House Hold Cleaning, Air Care and Shoe Care. Our portfolio of brands include All Out, Mr. Muscle, Baygon, Glade, Dranex and Kiwi .
Johnson & Johnson doesn't own Pfizer (NYSE: PFE). It's an independent, publicly traded company. However, Johnson & Johnson did buy Pfizer's consumer health unit for $16.6 billion in cash in 2006.
Method had been founded in 2001 by Eric Ryan, a designer and marketer, and Adam Lowry, a chemical engineer. Method opened a factory in the Pullman neighborhood of Chicago in 2015. In 2017 S. C.Johnson & Son purchased the Ecover and Method brands on undisclosed terms.
SC Johnson brands include Glade®, Kiwi®, OFF!®, Pledge®, Mr Muscle®, Duck®, Baygon® and Raid®. Other brands include Ziploc®, Scrubbing Bubbles®, Windex®, Autan®, Bama®, Shout®, Mrs Meyers®, Babyganics®, Method® and Ecover®. A family company, led by the Johnson family of Racine, Wisconsin.
Mrs. Meyer's Clean Day is on a mission to grow sustainably. Which is why we're working hand-in-hand with our parent company, SC Johnson, to plant the seeds for a better tomorrow. We believe all things should be Rooted in Goodness™ and we strive to be honest, informative, and authentic in how we show up.
Is SC Johnson affiliated with Johnson & Johnson? No. While we share a similar name, we are two completely different organizations and have never been affiliated or part of the same company. The Johnsons of SC Johnson are not related to the Johnsons of Johnson & Johnson.
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