Asplundh Family Net Worth (Updated 2026).
The Asplundh family’s journey into the world of tree care and utility line clearance began in the early 1920s, when Swedish immigrant August Asplundh started his own business in Philadelphia. With a single truck and a strong work ethic, August laid the foundation for what would become a renowned family enterprise. He initially focused on removing trees that hindered power lines, a service that was sorely needed in the rapidly growing urban areas of the time.
As the demand for reliable power supply increased, so did the need for professional tree care services. August’s three sons, Carl, Harold, and Russell, joined the family business after serving in World War II, bringing fresh ideas and a new level of professionalism. They expanded the company’s services to include tree pruning, removal, and emergency response, making Asplundh Tree Expert Company a household name in the industry.
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Asplundh Family’s Current Net Worth (2025)
As of 2025, the Asplundh family’s net worth is estimated to be around $3.5 billion. This significant wealth is primarily attributed to their successful family business, Asplundh Tree Expert Company.
Career
The Asplundh family’s career is deeply rooted in the tree care industry. Founded by Sven Asplundh in 1928, the family business has grown into one of the largest tree care companies in the world. The family has maintained a strong presence in the company, with several members serving in executive roles.
Other Ventures
Beyond their primary business, the Asplundh family has ventured into other areas. They have invested in real estate, including the purchase of a historic estate in Pennsylvania. Additionally, they have supported various philanthropic causes, with a focus on environmental conservation and education.
Assets
The Asplundh family’s assets include a significant stake in the Asplundh Tree Expert Company, as well as extensive real estate holdings. They also own a diverse portfolio of investments, including stocks and bonds. Their personal residences, located in Pennsylvania and Florida, are valued in the tens of millions of dollars.
Annual Income
The Asplundh family’s annual income is primarily derived from their stake in the Asplundh Tree Expert Company. The company’s revenue has consistently grown over the years, reaching over $1 billion in recent years. This has translated into substantial annual income for the family.
Frequently Asked Questions about Asplundh Family
**Frequently Asked Questions: Asplundh Family Net Worth**
1. What is the Asplundh Family’s net worth?
The Asplundh Family’s net worth is estimated to be around $3.5 billion.
2. Who are the members of the Asplundh Family?
The Asplundh Family is primarily composed of the descendants of the family’s founder, Aaron Asplundh, including his children, grandchildren, and great-grandchildren.
3. How did the Asplundh Family make their fortune?
The Asplundh Family’s fortune is derived from the Asplundh Tree Expert Company, a utility line clearance and tree care company founded by Aaron Asplundh in 1928.
4. Where is the Asplundh Family based?
The Asplundh Family is based in Willow Grove, Pennsylvania, where the company’s headquarters are located.
5. What is the Asplundh Tree Expert Company’s annual revenue?
The Asplundh Tree Expert Company’s annual revenue is estimated to be over $1 billion.
6. How many employees does the Asplundh Tree Expert Company have?
The Asplundh Tree Expert Company employs over 30,000 people across the United States and Canada.
7. Does the Asplundh Family have any philanthropic endeavors?
Yes, the Asplundh Family is known for its philanthropic efforts, supporting various causes such as education, healthcare, and community development through the Asplundh Foundation.
8. Are there any other businesses owned by the Asplundh Family besides the Asplundh Tree Expert Company?
While the Asplundh Tree Expert Company is the primary source of the family’s wealth, there are no public records of other businesses owned by the Asplundh Family.
9. How does the Asplundh Family maintain its wealth?
The Asplundh Family maintains its wealth through the continued success and growth of the Asplundh Tree Expert Company, as well as strategic investments and careful management of their assets.
10. Are there any famous members of the Asplundh Family?
While the Asplundh Family is not known for having famous members in the entertainment or political spheres, they are prominent figures in the business world, particularly in the utility and tree care industries.
