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Could you name some of these private companies? I can’t think of any private (i.e. neither public or government owned) company comparable to Apple, Walmart, or
by occamrazor 8y ago
Could you name some of these private companies? I can’t think of any private (i.e. neither public or government owned) company comparable to Apple, Walmart, or large oil companies.
- boldslogan 8y agoInter IKEA. iirc they own, among the largest furniture company in the world, a bank, real estate...and so on. And they are very private...
- dmitriid 8y agoIKEA us also Sweden’s largest food exporter (or so I’m told).
- shmed 8y agoI have a hard time believing IKEA is worth anywhere close to what the big tech giants are worth.
- GCA10 8y agoIkea's annual revenue is about 38 billion Euros. That would rank it about #200 on the Fortune 500 global list, in terms of revenue. By Fortune's tally, at least, all of the top 10 are either state-controlled energy companies, auto companies, WalMart or Berkshire Hathaway. Big, fully private companies are quite fascinating. (I think we're settling on a definition that involves a tight inner circle of ownership, with no stock-market listing and no government control). But they are pretty lightly represented in revenue/size-based lists like the Fortune 500.
- briankelly 8y agoThere's Cargill and Louis Dreyfus, which control a large amount of the global agriculture trade (and 1/4 of the main cast of Seinfeld ;) - and there's not a whole lot of insight into at least Cargill.