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> it would be company with the largest market cap in history, yes bigger than Apple Apple is not remotely the largest company in history, when adjusted for in
by arcanus 11y ago
> it would be company with the largest market cap in history, yes bigger than Apple
Apple is not remotely the largest company in history, when adjusted for inflation. The The Dutch East India Company, for instance, was worth over 7 trillion dollars at one point. Likewise, Standard Oil held a monopoly on all the USA's oil at one point and certainly had a several trillion dollar valuation.
Saudi Aramco will be massive, certainly. But not without precedent in history.
- elemeno 11y agoThere was an article in The Guardian this past weekend about Saudi Aramco which estimated it's value at $10tn, which would definitely put it in a league of it's own when it comes to total value. Saudi Aramco – the $10tn mystery at the heart of the Gulf state - http://www.theguardian.com/business/2016/jan/16/saudi-aramco-10-trillion-dollar-mystery-heart-of-gulf-state http://www.theguardian.com/business/2016/jan/16/saudi-aramco...