I'd say easily, especially outside the US. Check out Germany for example:
- Bertelsmann Foundation, owns or is the majority shareholder of Bertelsmann
- Robert Bosch Foundation, owns or is the majority shareholder of Bosch
- Alfred Krupp von Bohlen and Halbach Foundation, owns or is the majority shareholder of Krupp
- Else Kröner Fresenius Foundation, owns or is the majority shareholder of Fresenius
- Zeppelin Foundation (yes, those Zeppelins...) owns or is the majority shareholder of ZF Friedrichshafen
- Carl Zeiss Foundation, owns or is the majority shareholder of Carl Zeiss and Schott
- Diehl Foundation, owns or is the majority shareholder of Diehl Aerospace
And a bunch more. A lot of you will never have heard of them, but all of them are multi billion dollar behemoths with thousands of subsidiaries, employees, significant research and investment arms. And they love the fact that barely anyone knows them outside Germany.