What Is The Richest Company In America – Today’s look comes from HowMuch.net and uses data from Forbes to show how the list of the 10 best companies in America has evolved over the past 100 years.
In 1911, both John D. Rockefeller’s Standard Oil and JP Morgan’s US Steel (made up of Andrew Carnegie’s Steel Company and others) faced antitrust proceedings.
What Is The Richest Company In America
In 1900, Standard Oil, which controlled more than 90 percent of the oil in the United States, was divided into 34 independent companies by Supreme Court decision. However, US Steel, which owned 67 percent of the nation’s steel, was able to weather the storm.
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In the 1917 chart, you can see that US Steel – considered the world’s first “billion dollar company” – reigned supreme in the United States based on the value of its assets. Meanwhile, Standard Oil of N.J. (Standard Oil’s fracking faction) still managed to finish third on the list.
N.J. Standard Oil (eventually renamed Exxon Corp. in 1972) is the nation’s fifth largest company. Texaco and Gulf Oil, both later merged to form Chevron (another standard oil), ranked 10th by market value.
In addition to energy, the 1967 list seems to be dominated by companies that make synthetic products. IBM built some of the first and most advanced computers, GM was America’s largest automaker, and both Kodak and Polaroid made cameras. This was during the era when the General Electric Company manufactured everything from computers to jet engines.
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Meanwhile, several 1967 heroes have failed: Polaroid and Kodak both filed for bankruptcy, and Sears Canada filed for bankruptcy months ago. And of the big names since 1917, only AT&T is relevant.
That begs the question: What will happen in the next 50 years — and how many names will be left off the 2017 list?
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Apps Meet Competitive Apps Meet five apps that are vying for and chipping away at Twitter’s market share, from Meta’s new Threads app to open-source platforms Bluesky and Mastodon.
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The Twitterverse is growing in popularity as microblogging platforms capitalize on the craze for a wider user base. Among the most serious competitors, there are five applications that offer different solutions, each with a unique appeal.
At the top of the list is Meta Threads, a newcomer capitalizing on Instagram’s success and large user base. Launched recently after Twitter’s controversial “rate capping” decision in June 2023, Threads mimics Twitter’s microblogging style with an Instagram twist. The new kid on the block quickly had more than 30 million users on launch day, posing a credible threat to Twitter’s dominance.
Meanwhile, Mastodon, a decentralized platform that has been operating since 2016, continues to challenge the status quo. The open source model gives the user control over data and privacy and offers an alternative to the dominant social media monopoly. Mastodon saw a huge increase in users last year when Elon Musk took over Twitter – a move that was unpopular with many users.
Another decentralized competitor is Bluesky, created by Twitter co-founder Jack Dorsey. In its initial invite phase, Bluesky has 1.2 million users on its waiting list, a sign it could disrupt the social media landscape.
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Spell, founded by former Twitter employees, is shaking things up. The platform is meant to foster diverse communities rather than mimic Twitter, but the similarities are hard to ignore. Unsurprisingly, Spell has become one of the most downloaded apps on the Apple App Store, even though it’s still invite-only.
Finally, there is the Truth Social, Truth Media and Technology Group product. Freedom of speech pays for itself. After Twitter introduced a daily post limit by Elon Musk, Truth Social’s servers were overwhelmed by the number of users who wanted an unlimited social media experience.
As these platforms compete for Twitter territory, only time will tell who comes out on top. Twitter’s dominance is still being challenged, but the battle for social media supremacy is far from over.
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Giant public corporations are major players in the U.S. economy and their headquarters are spread across states.
Each year, Fortune publishes a list of the 1,000 largest publicly traded U.S. companies by revenue. The most recent list is based on fiscal year 2018 revenue.
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The map above shows the top companies on the list with headquarters in each state. Seven states – Alaska, Montana, New Mexico, South Dakota, Vermont, West Virginia and Wyoming – had no Fortune 1,000 headquarters and remained blank on the map.
Some companies, such as California’s Apple and New York’s JPMorgan Chase, are household names. Others (such as energy company MDU Resource Group, headquartered in Bismarck, North Dakota) may be less familiar to readers.
The largest companies in nearly every U.S. state in 2018, according to Fortune, by revenue and number of employees:
Alabama: The state’s financial center is located in Birmingham. The bank had revenues of $6.8 billion and had 19,969 employees.
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Arizona: Avnet is headquartered in Phoenix. The electronics retailer had sales of $19.0 billion and 15,400 employees.
Arkansas: Walmart is headquartered in Bentonville. The retail giant had revenue of $514.4 billion and 2.2 million employees.
Colorado: Arrow Electronics is headquartered in Central. The electronics retailer had sales of $29.7 billion and 20,100 employees.
United Technologies is headquartered in Farmington, Connecticut. The industrial company had sales of $66.5 billion and 240,200 employees.
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District of Columbia: Fannie Mae is headquartered in Washington, DC. The mortgage lender had revenues of $120.1 billion and 7,400 employees.
Florida: World Oil Services is headquartered in Miami. The oil distributor had sales of $39.8 billion and 5,000 employees.
Georgia: Home Depot is headquartered in Atlanta. The home improvement retailer had sales of $108.2 billion and 413,000 employees. News about public companies often dominates conversations about the economy, including when new companies launch their IPOs, companies reach a market cap of $1 trillion and which public companies are the largest in the world. But what about private companies that have no shareholders or shares to trade in the market? We used data from the Forbes ranking of America’s largest private companies to show the largest private company in each state. Our results can be found in the map below.
Forbes has compiled a list of the largest private companies by revenue, and for this concept we’ve selected the largest company by revenue for each state. According to the Forbes method, all companies must have a turnover of at least 2 billion dollars and 100 employees. The criteria does not include auto dealerships, real estate investment or management companies, companies that do not pay income tax, joint ventures, cooperatives, and companies that are more than 50% owned by another public, private or foreign company. The largest public companies by state are listed next to each state with large pink circles with the company’s logo. The size of the circle corresponds to the number of employees in the company, with larger circles representing a larger workforce. In addition, each state in the image is color coded in shades of turquoise. Lighter colors mean that the state’s largest public company has lower revenue than others, while darker colors indicate that the state’s largest public company has more revenue.
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Many of the companies on this list appear in other categories as well. The Koch family owns Koch Industries, the second largest privately held company
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