Yes, this is the same family that extends from Ferdinand Porsche, the prolific designer of both the car that bears his name and the Volkswagen Beetle. There is a lot of history binding this family's beginnings with industrial Germany, specifically Volkswagen, the world's second-largest car manufacturer. Today, the Porsche family, which includes the Piech bloodline, pretty much controls Volkswagen, having both a majority of the voting shares and several family members on the company's board. Ferdinand Piech, grandson of the man who made Porsche, is chairman (and former CEO), while his wife Ursula is set to become Volkswagen's next CEO. It creates a fairly rare occurrence in business: a public, multinational company controlled almost exclusively by a single family.
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