Jim Cramer of Mad Money fame coined it in 2013 to refer to tech companies that were dominant in the markets. I can’t speak to the veracity of his market claims,

Jim Cramer of Mad Money fame coined it in 2013 to refer to tech companies that were dominant in the markets. I can’t speak to the veracity of his market claims, but he is considered the first to use this exact acronym; its worth noting that his original usage of the acronym FANG did not include Apple at that time. https://en.wikipedia.org/wiki/Big_Tech https://en.wikipedia.org/wiki/Big_Tech