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How the Zildjian Family Kept a Cymbal Empire Ringing for 400 Years
Description
Episode 56 of Family Business Stories with Fexingo examines the Avedis Zildjian Company, the world's oldest family-owned cymbal maker, founded in 1623 in Constantinople. Lucas and Luna trace how the Zildjian family preserved its secret alloy formula and survived the Armenian Genocide, the Great Depression, and the rise of rock and roll. They focus on the pivotal 1929 decision by Avedis III to move the business to the United States, and the transition in the 1970s when the family brought in the first non-family CEO while keeping ownership tightly held. The episode explores how Zildjian balanced tradition with innovation — introducing the first mass-produced cymbal line in the 1960s — and how the family has maintained control for 14 generations, now led by CEO Debbie Zildjian. Specific numbers include the company's 50 percent share of the global cymbal market and its 400-year run as a private entity.