Does the Hershey family still own the company?
John Hall
Updated on March 05, 2026
It was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company….The Hershey Company.
| The original Hershey’s chocolate factory, 1976 | |
|---|---|
| Area served | Worldwide |
Did Milton Hershey have a family?
Catherine Sweeney
Henry HersheySerina HersheyFanny Snavely Hershey
Milton S. Hershey/Family
Who Was Milton Hershey sister?
Serina Hershey
Milton S. Hershey/Sisters
Who is Hersheys owned by?
Hershey Trust Company
The Hershey Company/Owners
What is Milton Hershey most famous for?
Milton Snavely Hershey (September 13, 1857 – October 13, 1945) was an American chocolatier, businessman, and philanthropist. Trained in the confectionery business, Hershey pioneered the manufacture of caramel, using fresh milk.
What kind of family did Milton Hershey come from?
Milton Hershey was born on September 13, 1857 to Henry and Veronica “Fanny” Snavely Hershey. Of Swiss and German descent, his family were members of Pennsylvania’s Mennonite community, and he grew up speaking Pennsylvania Dutch.
How many years of failure did Milton Hershey have?
After thirteen years of failure, he started his third company (Lancaster Caramel Company) which become very successful. Fourteen years after he started that company it was worth $1,000,000 ($28,400,000 today).
How many students go to Milton Hershey School?
Just as impressive, the Milton Hershey School now serves about 1,900 students each year, while the M.S. Hershey Foundation, established in 1935, funds educational and cultural activities for Hershey residents. We strive for accuracy and fairness. If you see something that doesn’t look right, contact us!
Why did Milton Hershey want to build a chocolate factory?
The factory was in the center of a dairy farmland, but with Hershey’s support, houses, businesses, churches and a transportation infrastructure accreted around the plant. Because the land was surrounded by dairy farms, Hershey was able to use fresh milk to mass-produce quality milk chocolate.