This Company Secretly Controls The World

some companies rake in as much as 82 billion dollars in Revenue While others have hit the two trillion dollar market evaluation all these and many more are what qualified companies as the richest in the world from the fast-growing tech industry to the fashion industry there are lots of companies that are striving to be at the top but as we take a look at these companies let's see if the tech industry that is making everybody crazy is profitable enough to have multiple entries on the list lvmh I am starting this list off with lvmh Louis Vuitton Mo at Hennessey commonly known as lvmh with a market value of 486.6 billion dollars this organization's presence chairman is currently the richest man in the world Bernard Arnold was crowned the richest man by Forbes in 2023 the company is a French multinational holding company that specializes in the production of luxury goods the company was born from a merger between Louis Vuitton and Moet and Hennessey from its revenue of 21.7 billion dollars in 2013 to 86 billion dollars in 2022 the climb to the top has been a fruitful one talk about growth lvmh is massive it is evident by the 75 prestigious Brands it manages through its control of about 60 subsidiaries these include popular names like Tiffany and Company Christian Dior Fendi Givenchy Marc Jacobs Etc and the list goes on and on under six branches the Fashion Group wines and spirits perfumes and cosmetics watches and jewelry selective distribution and other activities the subsidiaries are frequently run independently The Chateau de chem wine brand which has its roots in 1593 is the LV MH brand with the longest history let's take a quick look at these sectors the fashion and leather goods sector produces clothing shoes accessories bags and luggage under the Brand's Fendi Emilio Pucci Christian Dior Birkenstock and many others sparkling wines and champagne of the highest caliber are produced and sold by the wines and spirits segment it also sells white liquor and vodka and its Brands include Hennessy Krug Mercier and Moet and Chandon the industry group that deals with the production and distribution of Cosmetics fragrances and skin care products includes Brands like Sephora and Fenty Beauty by Rihanna luxury Brands like Bulgari and Hublot are under the watches and jewelry Branch there is also the selective retailing segment whose purpose is to support a setting that is consistent with the status and image of luxury Brands the media division is a component of the other activities and elimination segment it produces magazines and newspapers runs financial and business websites and owns radio stations each of these six branches has brands that are giants in the industry the revenue and all other Financial metrics of these brands have contributed to vmh being one of the most valuable companies in the world according to Forbes the company ranks number 216 on the 2023 list of America's best large employers and number 37 on the 2022 list of the world's top female friendly companies meta platforms Inc a market cap of 564.91 billion dollars definitely guarantees meta platforms a spot on the list the company which was formerly known as Facebook is the first of the big five American information technology companies I will be talking about in this video alongside four others I call them the Fantastic Five just in case you hear me say fantastic five subsequently if this entry is coming in now it only points out that among the Fantastic Five meta platforms has the lowest market cap 90 of meta's products and services that we are familiar with are probably the social media platforms which include Facebook Instagram WhatsApp messenger and metaquest all these platform forms are big enough to generate revenues on their own at least 2.94 billion people use Facebook regularly as of 2022 Instagram was the fourth largest social media platform globally with 2.35 billion active users with about 2 billion active monthly users WhatsApp is the most widely used messaging service available claim statistica this is a lot more than Facebook Messenger 1.3 billion which is the second most popular app and also owned by the same company meta owns four of the top six social networks in the world Facebook WhatsApp messenger and Instagram apart from all its social media platforms the company has also acquired Oculus mapillary control Labs customer and has a 9.99 stake in Geo platforms all these make meta one of the world's most valuable companies the company is also among the 10 largest publicly traded corporations in the United States with almost 86 billion dollars in Revenue blue Facebook was ranked number 34 on the 2020 Fortune 500 list of the biggest American corporations which was primarily from advertising according to reports the company made 20.21 cents in advertising revenue for each user however one of the big fives plans has apparently not gone as planned as a report claimed that the company has lost a staggering 500 billion dollars since its rebranding it is suggested that this is likely due to new privacy restrictions put in place by businesses like Apple and Google which prevent meta from collecting user data as ranked by Forbes the company is number 356 in the list of America's best large employers and also ranks number 124 in the world's top female friendly companies Tesla with a market value of 577.53 billion dollars Tesla is the next entry Tesla is a multinational American Automotive and renewable energy corporation that develops and produces electric vehicles including Automobiles and trucks battery energy storage systems for use at home and on the grid solar panels and solar roof tiles as well as other goods and services yep the company makes those electric cars that we all dream of having Tesla is one of the youngest companies on this list having been founded in 2003 despite its age the automotive company is Making Waves in the market for starters Tesla is one of the most valuable businesses in the world and as it stands it is the most valuable automaker in the world apart from designing these high-end cars the company also sells plug-ins which contribute to its own Revenue in 2021 Tesla was ranked as the world's best-selling plug-in and Battery electric passenger car manufacturer with a market share of 14 of the plug-in segment and 21 of the battery electric segment sales in that same year Tesla became the sixth Corporation in American history to have a market valuation of one trillion dollars joining the likes of apple and Microsoft at the end of 2021 Tesla's Global sales since 2012 will total 2.3 million units the company produced its 1 millionth electric car in 2020 becoming the first auto manufacturer to achieve such a milestone as if that were not enough in the third quarter of 2021 Tesla sold its 2 millionth electric car becoming the first automaker to achieve such a milestone these Milestones are so insane do you know how crazy it sounds that a company that has been in the industry for just 19 years has managed to sell more than 2 million cars and these aren't just your regular cars they are high maintenance cars thumbs up to the team apart from the main company they also have these two companies Tesla energy operations and Tesla automation as additional subsidiaries of the corporation the clean energy division of Tesla Inc Tesla energy operations develops produces sells and installs photovoltaic solar energy generation systems battery energy storage products as well as other related products and services for residential commercial and Industrial customers while Tesla automation is a German engineering automation company with headquarters in Prim in the state of Rhineland palatnet in addition to having service offices in Chandler Arizona and Shanghai China the company also runs a Development Center in Nitro bling Bavaria according to Forbes Global 2000 Tesla was ranked the 151st company in the world having measured its sales revenue market value and other important factors the company ranks as number 91 in the best brands for social impact and number 206 in America's best large employers all according to Forbes in 2023 Nvidia Corporation the next entry is NVIDIA Corporation with a market value of 683.37 billion dollars the American technology company is a dominant supplier of artificial intelligence hardware and software Nvidia creates and markets Graphics processing units gpus for professional use cryptocurrency Mining and gaming as well as chip systems for use in machines like robots and vehicles let me explain what gpus mean in simple terms it refers to a specialized electronic circuit made to process and render images videos and animations quickly to put it another way a GPU is a type of computer chip created especially to process complex visual data and is in charge of creating the images you see on your computer phone or other electronic devices gaming virtual reality video editing scientific simulations and other applications use gpus looking at what the company does and the million needs for gpus I am sure it makes sense now that they are on the list the company has two main business segments which are graphics and Computing and networking Nvidia made close to 27 billion dollars in Revenue this year of which 11 billion dollars came from graphics and 15 billion dollars from Computing and networking the Computing segment has grow own to become the main driver of the company's growth all thanks to the blowing up of AI the graphics segment includes the GeForce series for gaming and PCs additionally it contains grid software for cloud-based Visual and virtual Computing while the Computing and networking segment includes nvidia's data center platforms high performance Computing and accelerated Computing systems additionally it contains networking and interconnected Solutions Automotive AI cockpits agreements for the development of autonomous vehicles autonomous vehicle Solutions cryptocurrency mining processors and Jetson for embedded Robotics and other platforms Nvidia announced on January 24 2022 that meta platforms would use its technology to create an AI research supercluster the largest customer installation of nvidia's Nvidia dgx a100 systems is anticipated to be this AI supercomputer the dgx a100 system from Nvidia offers complete AI solutions for applications in analytics training and infrared with the AI Buzz all over the place this looks like a massive deal for both companies the company also has subsidiaries which are Nvidia Advanced rendering Center melanox Technologies and cumulus networks and finally in 2022 Forbes ranked the company 224th on its list of the world's best employers and 97th on its list of the best employers for veterans Berkshire Hathaway the next company on the list is Berkshire Hathaway with a market value of 706.15 billion dollars the American multinational conglomerate holding company which was once a textile company now owns or holds controlling interests in dozens of big companies including Heinz Benjamin Moore Geico and More in addition to being the top ranked company in the Forbes Global 2000 which considers market value sales revenue and other fundamental data Berkshire is the seventh largest component of the S P 500 Index the company has ventures in the manufacturing Retail Energy generation and distribution Insurance Rail and transportation Industries it makes sense that the company is one of the biggest American-owned private Employers in the country given its extensive business portfolio although manufacturing produces the most earnings before taxes out of all of its businesses Insurance generates the most Revenue now let's quickly review each of its businesses the first is its Insurance business which primarily operates in the United States and offers insurance and reinsurance of Property and Casualty risks over time it expanded its services to include Property and Casualty reinsurers with International bases life accidents and health reinsurers and both to strengthen its position it has acquired businesses like Geico genre NRG and a few others second there are Berkshires manufacturing companies which are divided into three groups consumer building and Industrial Products thirdly Berkshire Hathaway energy a multinational energy corporation with Affiliates that produce distribute and conduct real estate brokerage business as fourth is McLean company a Wholesale Distributor that works with a variety of companies including pharmacies discount stores convenience stores and more distribution of groceries distribution of food service and distribution of beverages are its three divisions in addition to Media companies and logistics companies the service businesses also include distribution of grocery and Food Services professional Aviation training fractional ownership of aircraft and distribution of electronic components in the retail sector there are companies that sell consumer goods in addition to furniture for the home and Automobiles additionally Berkshire Hathaway has a sizeable portfolio of derivatives and Equity Securities the top Equity Holdings of the business include American Express company Bank of America Corporation and Apple Incorporated last but not least berkshire's Freight rail transportation company which runs one of North America's biggest systems along with shipping consumer industrial and agricultural Goods BNSF Railway also transports all these businesses explained why Berkshire Hathaway ranked highest in the Forbes Global 2000 2022 Edition in essence it's like having a company with over five smaller companies inside of that this business would have created a sixth spot in the big five if the others weren't All Tech Farms we might just grade one for it Amazon with a market value of 1.05 trillion dollars Amazon is the next on the list the company that started in Jeff bezos's Garage in 1994 has now become a multinational technology company online advertising cloud computing Digital streaming and artificial intelligence are the company's main areas of focus from window shopping visitors to actual buyers the e-commerce platform is the 14th most visited website in the world and I can tell you that I contribute massively to that and that's because the platform sells many product lines and that includes media baby products consumer electronics beauty products health and personal care products industrial and scientific supplies get kitchen items jewelry musical instruments Sporting Goods tools Automotive items toys and games farm supplies and consulting services oh they've they got it all the list goes on and on besides serving as the go-to place for shopping Necessities there are many products and services offered by Amazon including its virtual assistant Alexa music and video streaming services Amazon music and Prime video the Amazon app store for Android apps and its Kindle line of e-readers and tablets you can also buy and listen to audiobooks on Audible in 2022 for its Hardware products the business introduced Astro a home robot that can easily be controlled remotely when no one is home to check on family members pets or the security of the house if it notices anything unusual it will alert the owners in essence it is a CCTV that notifies its owner of unusual changes the company boasts of owning over 40 subsidiaries in addition to all of their goods and services including audible diapers.com Goodreads IMDb Kiva systems now Amazon robotics shopbop teach Street twitch Zappos and zooks just about every one of the subsidiaries is in a different industry Amazon has also been in partnership with top brands like Nike Ikea and Birkenstock or the sale of their products but they all opted out due to frustration with business practices and counterfeit Goods this practice didn't stop Apple in a bid to continue their partnership both parties reached a consensus that allows only Apple authorized resellers to sell Apple products on Amazon effective January 4th 2019. Amazon is considered one of the most valuable brands in the world and it is also one of the big five American technology companies lastly on Amazon the company ranks number 31 in customer experience according to Forbes alphabet having a market value of 1.36 trillion dollars is high enough to give alphabet an entry on the list when you hear alphabet you may not be familiar with it but it is one of the biggest companies as it is the parent company of Google if Google is popular enough for you to understand how big this company he is although they resigned from their executive positions in 2019 the company was founded by Larry Page and Sergey Brin alphabet is an American multinational technology conglomerate holding company that is also one of the Fantastic Five of American information technology that is expected from the world's third largest technology company by Revenue the business was established on October 2nd 2015 through the reorganization of Google and in the process it became the parent company of Google and also some of Google's former subsidiaries the tech company offers a wide range of products and platforms including search maps calendar ads Gmail Google play Android Google Cloud Chrome and the platform you are viewing this on although the company is famously known for its platforms it also offers Hardware products such as pixel phones smart watches Google Nest products and other related products the company offers online advertising Services through its AdSense Internet TV licensing and research research and development services each of these platforms and products is massive and they bring in heavy Revenue to alphabet in 2017. 86 percent of alphabets Revenue came from performance advertising through user clicks using AdSense and Google ads and brand advertising in addition to its platforms and Hardware alphabet also makes investments in other companies United Masters a music startup founded by Steve Stout received a 71 million dollar series a funding round from alphabet Incorporated and recent Horowitz and 20th Century Fox in November 2017. alphabet has also invested in more established businesses including both privately held businesses like medium and publicly traded firms like uber after years of being relevant alphabet finally joins the exclusive Club of companies with a market value of one trillion dollars in 2020 becoming the fourth U.S company to do so recently it was reported that Samsung one of the biggest phone brands in the world is considering going with Bing and ditching Google this decision which wasn't even made yet cost to Google 55 billion dollars in market value as of 2022 it ranked number four in Forbes world's best employers Saudi aramco Saudi Arabia's National petroleum and natural gas company Saudi aramco is ranked next on the list with a market value of 2.05 trillion dollars the government-owned company operates the world's largest single hydrocarbon Network the master gas system as of 2020 it is the largest oil producing company in the world and has the world's second largest proven crude oil Reserves at more than 270 billion barrels which equals 43 billion cubic meters also it has the largest daily oil production of all oil producing companies Saudi aramco is ranked as the third largest public corporation in the world in 2022 by Forbes Global 2000 which uses sales income assets and market value to rank companies their position in the ranking is not surprising since the three major International Energy markets Asia Europe and North America are now part of Saudi ramco's Global expansion also to further expand aramco agreed to pay 1.24 billion US dollars in April 2019 to purchase a 13 share in South Korean oil refiner Hyundai oil Bank in addition to that a ramco also secured a contract to deliver Arabian crude oil to pkn Orlen the largest oil refinery in Poland on April 11 2019 all these deals are part of the reason the company is one of the largest companies in the world by revenue and this sure isn't a big deal for a company that has repeatedly achieved the largest annual profits in global corporate history I mean just last year the company surpassed Apple Incorporated and became the largest and most valuable company in the world by market cap and they are on track to beat their counterparts profit records for this as it stands the Saudi Arabian oil company has recorded profits of 161 billion dollars following their announcement in March 2023 although the price of gasoline soaring after the coronavirus pandemic might have been a contributing factor these figures eclipse the numbers posted by ExxonMobil and shell which reported 55.7 and 39.9 billion dollars in profit respectively and it's also the company's highest annual profits as a listed company aramco also declared a fourth quarter dividend of 19.5 billion dollars to be paid in the first quarter of 2023 with its operations spanning the globe and including exploration production refining chemicals distribution and marketing all these activities and much more are what make aramco a top contender in the oil and gas industry and all also a top player among the world's largest companies Microsoft so close to the top with a market cap of 2.15 trillion dollars Microsoft is next on the list the company is popularly known for its software products some of which are the windows line of operating systems the Microsoft Office Suite and the Internet Explorer and Edge web browsers for its Hardware products Microsoft is best known for the Xbox video game consoles and the surface lineup of touch screen personal computers these products are enough to place them at number 14 in the 2022 Fortune 500 rankings of the largest United States corporations by total revenue not only that the American tech company was the world's largest software maker by Revenue as of 2022 with its Operating System review its updated specs are bound to keep people hooked apart from the Wares listed above the Microsoft Surface Series has been my personal favorite from Microsoft in recent times I probably still have it in my cart with its sleek and multi-function design it is set to take the World by storm like if you need it to be a laptop check if you need it to be a tablet check it is just so and I haven't even talked about the touchscreen features the laptop is designed to set examples for manufacturers of other windows compatible products apart from all this it turns out they are fans of little collaborations here and there for instance the company recently announced a deal with open AI you know that AI chat GTP that's got everyone talking the one where you can basically ask anything and receive a guaranteed response yes the developers of that the deal is said to be a new multi-year multi-billion dollar investment deal with chat GPT developer open AI they aren't little collaborations like I said earlier but massive ones with many billions of dollars turned into them over the years Microsoft has sponsored a variety of sports from 2017 to 2020 Microsoft played a significant role in supporting the Toyota Gazoo racing wrt from 2016-2020 Microsoft also supported the Renault F1 team as a sponsor the business also has a track record of some charitable deeds in the midst of the covid-19 pandemic Microsoft president Brad Smith declared that Seattle had received an initial shipment of supplies including 15 000 protective goggles infrared thermometers medical caps and protective suits with more Aid on the way Microsoft is also one of the Fantastic Five of American information technology companies for a company that was founded in 1975 and has always been relevant it is expected Apple last on the list is apple with a market value of 2.61 trillion dollars it is the most valuable company in the world not only is it the most valuable company in the world it is also the world's largest technology company by Revenue with 394.3 billion dollars in 2022. the company is known for the Innovative twist they use to develop phones and other devices and they are really good at it I mean their phones have most of us in a Chokehold the moment they tease about an upcoming phone everybody just gets interested in it the American company is also the fourth largest personal computer Vendor by sales unit and it is not even surprising because everyone wants a Mac or a Macbook some people for its function some people because it is so sleek and hell yeah it is very slick it is also sought after for its ease of use its phones as I said earlier have a lot of people in a show called and they definitely know what they are doing with the unveiling thing they do almost every year where they showcase the new devices and their specifications I kid you not from the moment the prices are announced people start to set money aside to get them because with every one of their newly added specifications comes ease they keep doing all they can to remain the world's largest technology company by Revenue making matters worse for your pockets in March 2023 the company launched a buy now pay later service called Apple pay later for its Apple wallet users they are taking no chances and trying their best to Hold Us Down just recently Apple card users can choose to grow their daily cash rewards with a savings account from Goldman Sachs which offers a high-yield apy of 4.15 percent I along with everyone else that is obsessed with iPhones have contributed to making apple the second largest mobile phone manufacturer in the world watch out Samsung apple is coming for your spot yeah the Rival Samsung has the title of largest phone manufacturer in the world as of June 2022 this group is basically the head of the Fantastic Five of the American information technology companies as it tops the list on Market evaluation despite the slowing global economy and supply chain disruptions in China which caused a decline in their revenue the infotech company is still doing pretty well with their 47 years of experience in the market I'm pretty sure they can handle any economic situation that's why they are where they are at the top and aside from their gadgets the company also tries its best to do a little good for the community the company announced a 100 million dollar racial equity and Justice initiative to help combat institutional racism worldwide this among others has been done by our favorite phone company and looking at these top 10 companies yep the tech industry had a pretty decent number of entries on this list that's all for now I bet you love this there's more where this came from just click any of the cards on the screen to watch more videos it's guaranteed to keep you entertained

Channel: King Luxury

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Length: 27min 42sec (1662 seconds)

Published: Sun Jun 18 2023