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link : Here Are The World's 20 Most Profitable Companies
Here Are The World's 20 Most Profitable Companies
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biggest chunk of the earnings pie is increasingly split by fewer and fewer companies.
In the U.S. for example, Visual Capitalist's Jeff Desjardins points out that about 50% of all profit generated by public companies goes to just 30 companies — back in 1975, it took 109 companies to accomplish the same feat:
This power-law dynamic also manifests itself at a global level — and perhaps it’s little surprise that the world’s most profitable companies generate mind-bending returns that would make any accountant blush.
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WNU Editor: Four Chinese companies are now in the top 10.
In the U.S. for example, Visual Capitalist's Jeff Desjardins points out that about 50% of all profit generated by public companies goes to just 30 companies — back in 1975, it took 109 companies to accomplish the same feat:
This power-law dynamic also manifests itself at a global level — and perhaps it’s little surprise that the world’s most profitable companies generate mind-bending returns that would make any accountant blush.
Read more ....
WNU Editor: Four Chinese companies are now in the top 10.
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