H-E-B is among the 10 largest privately held companies in the United States, according to a new Forbes list that includes a total of 20 Texas businesses.
The San Antonio-based grocery chain was Texas’ only top 10 entry on Forbes’ list of the largest private companies for 2022, ranking at No. 6 with $38.9 billion in revenue for the fiscal year.
Based in San Antonio, the grocery chain opened two new North Texas locations this year – one in Frisco and one in Plano.
The chain dropped one spot on the 2021 list, ranking the company at number 5.
Other notable entries include parent company Michaels — headquartered in Irving — at 93, and Dallas-based Neiman Marcus Group at 107.
Outside of North Texas, The Friedkin Group, based in Houston, came in at number 42 with $10.7 billion.
This is the largest Forbes Private Companies list since 2008, according to the company, with 246 entries.
Forbes has since raised the minimum income requirement to $2 billion.
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