3 ms·
It's important to note that what they really mean is most cash-rich of companies for which public information is available. There are some state owned enterpri
by parsimo2010 7y ago
It's important to note that what they really mean is most cash-rich of companies for which public information is available. There are some state owned enterprises around the world that might be able to beat this amount of money even if they don't have the name recognition of Google or Apple.
Saudi Aramco may soon be publicly traded, so we have some information on them, but what is interesting is that while we know they are more profitable than Alphabet, we aren't sure exactly where they are putting all their money. It could be going to a holding scheme that could very well top Alphabet in terms of cash on hand.
There is probably a Russian entity that gives Alphabet a run for its money as well.