Companies – Celebrity Net Worth http://celebritynetworth.wiki Richest Celebrities, Biographies & Wiki Sun, 24 Sep 2017 18:57:32 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.2 ExxonMobil Net Worth http://celebritynetworth.wiki/exxonmobil-net-worth/ http://celebritynetworth.wiki/exxonmobil-net-worth/#respond Tue, 24 Jan 2017 12:04:32 +0000 http://celebritynetworth.wiki/exxon-net-worth/ The largest company in the world by market capital valuation is now ExxonMobil, a gas and oil multi-national conglomerate formed in 1999, with headquarters in Irving, Texas USA, which was actually the brainchild of founder – and a very familiar person in the ranks big business and ‘the richest’ – John D. Rockefeller back in …

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The largest company in the world by market capital valuation is now ExxonMobil, a gas and oil multi-national conglomerate formed in 1999, with headquarters in Irving, Texas USA, which was actually the brainchild of founder – and a very familiar person in the ranks big business and ‘the richest’ – John D. Rockefeller back in the late 1800s, himself being one of the richest people to ever live.

So just what is the net worth of ExxonMobil? Of course the net valuation of the company varies almost daily, according to the stock market prices of gas and oil in particular, but as of early 2017 it stands at $365 billion, although it has been as high as $450 billion, now constantly vying with Apple and more recently Alphabet (Google) as the highest valued company in the world.

ExxonMobil Net Worth $365 Billion

Most importantly, ExxonMobil is ranked by Fortune 500 as the second most profitable world company, regardless of recent volatility in oil prices; its revenue has apparently diminished little, still estimated to be the world’s 8th largest. Probably as equally important, the company’s shares remain sort-after by investors – as a publicly traded company it’s the fifth largest by market capitalization.

How did ExxonMobil grow into such a highly-valued company? The answer lies initially in the discovery, expansion of production, refinement, control of distribution, and sales of oil and its derivatives, beginning in 1870, promoted most energetically by John D. Rockefeller. Originally the company was called the Standard Oil Company of Ohio, soon amalgamating with the New York and New Jersey arms of Standard Oil in 1882 to form Standard Oil Trust. However, the Sherman Anti-Trust Law of 1892 decreed that the company had to be broken-up – it was too successful, too powerful in the oil industry, which presumably meant little competition at the points of sale.

The anti-trust process actually took nearly 20 years; one of the resulting 34 individual companies became Socony – an acronym for Standard Oil Company of New York – which subsequently became Mobil, and another became Jersey Standard, later Exxon, the two much later amalgamating into the conglomerate we know today. (‘The more things change, the more they stay the same!?’)

However, even then, not to be ‘outlawed’ or sidelined, several of the companies went about expanding by acquiring assets internationally, thus extending their overall influence on the market – the US legal authorities had little influence over companies domiciled outside their jurisdiction, even though controlled from within the US. Asia, including China, was incorporated into the New York company, and Canada into New Jersey; other companies established in the UK, Germany, The Netherlands, Italy and Belgium were also under the auspices of ‘Standard Oil’, so that by the early 1900s, Standard Oil was collectively stronger than ever.

Jersey Standard moved into South America, in Colombia in the form of Tropical Oil Company in 1920, and in Venezuela of Standard Oil Company (1921), and Creole Petroleum Company (1928). Oil was also found, and subsequently exploited and refined, in Indonesia, and in conjunction with Vacuum Oil Company – an early industry leader – effectively controlled the oil industry from East Africa to the south Pacific area.

Socony concentrated more on domestic production, including transportation by pipeline through the acquisition of Magnolia, very significant given the rising importance of the vehicle industry, but also ventured into Iraq through an association with the Turkish Petroleum Company in the late 1920s. By the late ‘40s, an interest had been acquired in Saudi Arabia – an area with the world’s largest known oil reserves – through Aramco (Arab-American Oil Company).

As can easily be seen, the various elements of what became ExxonMobil were way ahead of the field in the oil industry, especially at a time when usages of oil and refined products were approaching a peak.

Several name changes and amalgamations occurred during the ‘50s and ‘60s, and acquisitions continued into further primary sources, including of coal and the refining of this mineral into various products. Libya became another important oil source, but concurrently Socony and Jersey both branched out into solar and nuclear power, the former briefly as its usefulness was seen as too long-term to be profitable, and mining and processing of uranium ore began in the early ‘70s.

ALSO In the early ‘70s, oil shale deposits were also acquired and developed, including in Australia, obviously with an eye to the long-term future. This was also the time when Exxon was adopted as the company’s over-riding name, and became very visible at points of sale. Consolidation was the order of the day, but Mobil European Gas was established too, followed by amalgamation with British Petroleum (BP), so becoming one of the big players in Europe for oil and natural gas.

Finally, in 1999 both the European Commission and US Federal Trade Commission approved the merger of Exxon – at that time the largest energy company in the world – and Mobil, the second biggest gas and oil company in the US. One may well wonder what happened to the anti-trust laws implemented a century earlier? Well, Mobil had to divest itself of BP, its share of the German Aral company, and MEGAS. In the US, almost 2500 gas stations had to be sold, as well as refineries in California, New England and Washington D.C., plus Mobil’s interest in the Trans-Alaska Pipeline among other lesser assets.

However, ExxonMobil certainly did not stagnate, and more recent operations have seen sales to franchisees of gas stations in the US, cessation of coal-mining, but still further oil exploration in Central Asia – apparently linked with the interest of CEO Rex Tillerson, now nominated as US Secretary of State – plus an arrangement he allegedly concluded with the Russian company Rosneft, but stymied somewhat by sanctions imposed on Russia following its invasion of Ukraine. Interests in the Middle East (Sudan, Syria, Iran) have also continued to develop – not, supposedly, in contravention of various sanctions imposed.

Clearly there is power in strength, both commercially and politically, and ExxonMobil is one of the prime examples – to coin a phrase, the company is ‘too big to fall/fail’; that has been quoted before, but not always accurately.

Significantly, there have been many accidents particularly involving oil spillage, eg the oil tanker Exxon Valdez running aground in Alaska in 1989, which eventually cost the company $500 million in damages, apart from the cost of the clean-up; but the penalties of such incidents the company is easily financial enough to withstand. Most such cases have occurred within the USA.

Regardless, ExxonMobil remains a giant in the power production industry, if perhaps waning a little as reliance on oil and its derivatives diminishes somewhat around the developed world at least. However, given the company’s wider interests aside from oil, there is every possibility that its financial strength may well see it being a significant player in various other sources of power in the near future.

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Intel Net Worth http://celebritynetworth.wiki/intel-net-worth/ http://celebritynetworth.wiki/intel-net-worth/#respond Tue, 24 Jan 2017 11:57:27 +0000 http://celebritynetworth.wiki/?p=30410 Intel Corporation should be well known to anyone who has access to a computer, as by value it is the world’s biggest manufacturer of microprocessors – the ‘engine’ for many computers – and is the supplier of these and other parts to such companies as Dell, Hewlett Packard and Lenovo (formerly IBM), not to mention …

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Intel Corporation should be well known to anyone who has access to a computer, as by value it is the world’s biggest manufacturer of microprocessors – the ‘engine’ for many computers – and is the supplier of these and other parts to such companies as Dell, Hewlett Packard and Lenovo (formerly IBM), not to mention Apple.

So just what is the net worth of Intel? Authoritative sources estimate that the value of Intel is now over $150 billion, as of early 2017, with almost two-thirds of its current $55 billion total revenue coming from sales of hardware components for use in laptop, notebook and desktop computers.

Intel Net Worth $150 Billion

Intel is a technology company, now multi-national, as it has expanded considerably since its foundation in the now familiarly-named Silicon Valley, California USA in 1968 by Robert Noyce and Gordon Moore. These two were pioneers in the development of semiconductors, and were joined early by engineer and businessman Andrew Grove – an émigré Hungarian – who is widely credited with the business management and subsequent growth of the company until well into the 2000s. (The name ‘Intel’ was formulated from integrated and electronics.)

The company went public within a couple of years, raising an impressive amount at that time of $6.8 million, over $23 per share. For the first decade of its existence, the company concentrated on bipolar 64-bit static random-access memory (SRAM), double the speed of competitors products, then the bipolar 1024-bit read-only memory (ROM), followed by the silicon gate SRAM chip, the 256-bit 1101. Improvements in and expansion of the range of products during the 1970s, plus modernised manufacturing processes meant that Intel’s business grew exponentially during the 1970s, but still concentrating on memory devices. The net worth of the company as well as its profits increased significantly.

Although the microprocessor had been created in the early ‘70s, there was no significant market until a decade later, when PCs became more widely in demand, and in any case when Japanese competition in memory products had also considerably increased. Moore and Noyce decided to concentrate on the further development of a micro-processor, which miniaturized the CPU of a computer, enabling much smaller machines to perform calculations formerly the province of only significantly larger machines.

Supplying major companies such as IBM with microprocessors for PCs, and eventually laptops and tablets, saw a rapid growth in Intel’s business during the 1990s, and then into the new millennium. Of course competition, and consequent legal accusations over intellectual property rights and industrial espionage ensued, plus converse arguments over anti-trust issues, but Intel still managed to stay at the head of the field in the development of micro-processing, and therefore profitability saw the company’s net worth at least maintained.

Intel undoubtedly regained its pre-eminent position in 2006, when its Core microarchitecture was released, to general critical acclamation, as the product was a huge advance in processor performance. This was followed in 2008 by Penryn micro-architecture, and later that year, Nehalem architecture, both positively received and maintaining Intel’s leadership in micro-processing.

However, Intel has also spread its wings somewhat in recent years. Among other acquisitions, it purchased computer security technology company McAfee in 2010, and in the same year Infineon Technologies, integrating Intel’s silicon chips with its wireless modem. In 2011 the specialist network switches company Fulcrum Microsystems was bought, and in 2012, a stake in ASML Holding, to assist Intel in research into wafer technology and extreme ultra-violet lithography. Other acquisitions have included such companies as – or parts of – Indisys, Password Box, Vuzix, Lantiq, and more recently design company Altera for over $16 billion.

From a business perspective, the company still produces three-quarters of its products in the US, but 75% of its revenue come from overseas. Additionally, companies such as Achronix, Microsemi, Tabula, Netronome and Panasonic are utilising leased excess Intel manufacturing capacity for their own products.

Intel’s headquarters are still in California, but its largest facility is in Washington County, Oregon, employing 18,600 workers, the biggest employer in the state and the same in New Mexico. 10,000 are employed in Arizona, and complexes are also located in California, Colorado, Massachusetts, Texas, Washington and Utah. Internationally, Intel facilities are now in 63 countries, including China, India, Russia, Israel, Argentina, Vietnam, Costa Rica, Malaysia and Ireland.

Finally, in what can be seen as a philanthropic effort, Intel is a member of the Alliance for Affordable Internet (A4AI), which also includes Google, Facebook, and Microsoft, the aim of which is to make internet access more affordable worldwide, as currently just 31% of people in developing countries are online –with the aim of reducing costs to under 5% of family income.

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Net Worth Of The World’s Richest Families http://celebritynetworth.wiki/worlds-richest-families/ http://celebritynetworth.wiki/worlds-richest-families/#respond Tue, 03 Jan 2017 01:09:24 +0000 http://celebritynetworth.wiki/?p=180773 The richest individuals around the world are constantly in the headlines, partly out of fascination for just how much they are worth – amounts unimaginable to the average person, regardless that 80% of ‘the richest’ are actually self-made billionaires. However, during this period of stock markets’ volatility in early 2016, they are just as newsworthy …

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The richest individuals around the world are constantly in the headlines, partly out of fascination for just how much they are worth – amounts unimaginable to the average person, regardless that 80% of ‘the richest’ are actually self-made billionaires. However, during this period of stock markets’ volatility in early 2016, they are just as newsworthy for how much they can lose, or gain, in one day, which can markedly effect their ranking on the ‘richest list’.

Not so well-known are families with accumulated net worth which puts them close to the aforementioned richest individuals, perhaps unsurprisingly if there are three, four or five relatively ‘super-rich’ relatives who pool their energies, business interests and their net worth. Many are indeed consistently linked in a family business or conglomerate, as can be seen in this list which authoritative sources estimate comprise the richest in the world, share markets allowing! Very few are built on ‘new’ money, but mostly the result of steady growth over, in some cases, hundreds of years.

10. Cox family Net worth: $34.5 billion

coxss family
From: USA

James M. Cox was firstly a social reforming politician, being twice elected Governor of Ohio, but also built a considerable business empire in the media and communications industries beginning before the turn of the 20th century, so now well over100 years old. Now under the control of James’ daughter Anne Cox Chambers and his grandchildren James Cox Kennedy – current chair of Cox Enterprises – and Blair Parry-Okeden who are all heirs to a considerable fortune, the company is now expanding its interests into the automotive industry.

9. Bernard Arnault & family Net worth: $37.7 billion

Bernard Arnault33
From: France

World renowned names Moet Hennessy and Louis Vuitton (LVMH) are just two of the business interests of the Arnault family, which also has interests in retail, yachts and web companies as well as in Christian Dior, a prominent fashion brand. CEO and chairman is still Bernard, but Executive VP at LVMH is daughter Delphine, and CEO of Berluti, a subsidiary of LMVH, is his son Antoine. The company made initial inroads into business through real estate, but smart investing saw it reach its current prominent position in several industries.

Bernard Arnault Net Worth

8. Liliane Bettencourt & family Net worth: $42.7 billion

Liliane Bettencourt333
From: France

The French are certainly still one of the fore-runners in the world of cosmetics and perfumes, as proven by their leading lengevity in the industry. The world-dominating cosmetic company L’Oreal is now run by Liliane Bettencourt’s daughter Francoise and grandson Jean-Victor Meyers, but she is still the richest woman in the world and principal shareholder of the company her father Eugene founded in 1907. She only retired from active involvement in 2011, aged 89.

7. Cargill-MacMillan family Net worth: $45 billion

Cargill-MacMillan family13
From: USA

Cargil Inc. outranks Koch enterprises in being the largest private company in the USA, with and 88% of it still owned by family members, in fact currently boasting 14 billionaires. William Wallace Cargill founded the company based on grain storage in 1865, which was split among his four children when he died in 1909. The company’s interests now include trading commodities as well as food products. In-laws the MacMillans are billionaires, the total wealth of the expanded family being an estimate because of the privacy attendant to the conglomerate.

6. Carlos Slim Helú & family Net worth $77.1 billion

Carlos Slim Helú & family33
From: Mexico

Son Carlos is now the chairman of Grupo Carso, and with three siblings is ready to take over completely the conglomerate built-up by the second richest person in the world. The ‘Warren Buffett of Mexico’, Carlos Slim Helú is so important to Mexico – accounting for 40% of the listings on the Mexican stock exchange – made from scratch largely from his development of telecoms, that there is a strong chance of the Mexican economy collapsing if the stock exchange took a real dive.

Carlos Slim Helu Net Worth

5. Mars family Net worth: $80 billion

The Mars Family51
From: USA

Mars Bars and M & Ms were developed more than 80 years ago, and are still going strong. Franklin Mars obviously knew his candy, and the money to be made out of it. As with other rich families, the family and the business are still private. Franklin founded the business in 1911, and son Forrest Sr. joined the company in 1929; children, Forrest Jr., Jacqueline and John continue to own the whole of Mars Inc., which now also makes pet foods as well as pasta sauces, and which means that they are now worth almost $30 billion each.

4. Koch family Net worth: $89 billion

multinational corporation22
From: USA

In the country with the world’s largest GDP, Koch Industries is now the second-largest privately-held company in the USA. Charles and David Koch had the nous to buy-out their two other brothers in the early 1980s, and now control the oil and refining company founded by their father Fred C. Koch in 1940. Subsidiary interests in finance, manufacturing, trading and real estate have ensured the continued growth of this multinational corporation, with the brothers net worth now approaching $50 billion each.

3. Walton family Net worth: $152 billion

walton family3
From: USA

Jim, Rob, and Alice are direct heirs of Sam and James Walton, who had the foresight to establish Walmart in the southern USA in 1962. Christy is the widow of his son John who died in a ‘plane crash in 2005, and with her children the six Waltons control 54% of the shares of the world’s largest retailer. The company’s revenue regularly hits $500 billion, through 11,500 stores in 28 countries, so the present owners sum value is usually over $160 billion – share market machinations permitting!

2. The House of Saud Net worth: $1.4 trillion

The House of Saud Net worth1
From: Saudi Arabia

The al-Saud family have been in control of at least part of the Arabian peninsular since the early 1700s, and like the Rothschilds, their wealth is now distributed through so many family members that the total can only be estimated. Saudi Arabia is now run as an absolute monarchy, effectively established under the patronage of the British following the break-up of the Ottoman empire after World War One. Of course their main source of wealth is oil, the price of which has a very significant effect on the al-Saud family wealth, and the budget of the country! Salman bin Abdulaziz al Saud has been king since early 2015.

1. Rothschild family $350 billion – $700 trillion

Rothschild family2
From: Germany (originally)

The name itself is fascinating, but more so because the family is now so widespread, with all their wealth effectively ‘private’, so the total of their net worth is always open to conjecture. However, since Mayer Amschel Rothschild established his banking company in Frankfurt, now Germany, in the 1700s, and distributed his five sons to the five centres of European finance, the family has had a finger in virtually every pie – business, industry, enterprise, exploration, war – over the last 250 years. Their influence has been such that descendents have been elevated to royal rank in countries such as Austria and the UK. The family fortune is therefore only an estimate, but even at the lower end it is still extremely impressive!

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Smile on Facebook’s Face http://celebritynetworth.wiki/smile-on-facebooks-face/ http://celebritynetworth.wiki/smile-on-facebooks-face/#respond Tue, 03 Jan 2017 01:02:03 +0000 http://celebritynetworth.wiki/?p=170089 Mark Zuckerberg, the ‘face of Facebook’, must indeed be smiling these days. Not only does the company which he co-founded in 2004 continue to expand it’s clientele, but the value of Facebook and his personal wealth, and therefore his – literally – disposable income, continue to rise. Statistics seldom tell a complete story, but Zuckerberg’s …

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Mark Zuckerberg, the ‘face of Facebook’, must indeed be smiling these days. Not only does the company which he co-founded in 2004 continue to expand it’s clientele, but the value of Facebook and his personal wealth, and therefore his – literally – disposable income, continue to rise.

Statistics seldom tell a complete story, but Zuckerberg’s and Facebook’s figures are genuinely impressive, beginning with Mark dropping out of prestigious Harvard University in 2004 because he was so interested in computing and confident of his project which was to become Facebook, that he didn’t see the need to complete his degree course; disagreements with university administration may have contributed to his decision.

As of late 2015, the social network site Facebook is recording over one billion users a day, and Zuckerberg’s fortune approaches $45 billion, ranking him as the seventh richest person in the world according to the authoritative Forbes magazine, a meteoric career to date for a person still just 31 years old. Significantly, Forbes rates Zuckerberg’s ‘self-made’ score very highly too, as indeed are almost all the top 10 richest in the world.

Of particular significance is that Facebook has been immune to the volatility of stock exchanges in 2015, enabling a steady rise in the value of company assets. Of course this situation has also benefited the majority share holder, Mark Zuckerberg to the extent that while others in the Forbes Top Ten Richest have seen their fortunes eroded somewhat, Mark’s has risen by almost $7 billion in the year.

Interestingly, Mark and wife Priscilla are two of the most generous philanthropists, joining with fellow ‘top tenners’ Bill Gates and Warren Buffett in promising to donate (‘dispose of’) a reputed 50 per cent of their fortune to charitable causes, as evidenced this year alone by a donation of $100 million to the Newark, New Jersey public school system, and $5 million to fund education for struggling immigrants.

Clearly Zuckerberg and Facebook are rather more than just social animals: long may they smile.

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Business People of The Year – Successful Companies Are Run By Successful Business-People http://celebritynetworth.wiki/business-people-of-the-year-successful-companies-are-run-by-successful-business-people/ http://celebritynetworth.wiki/business-people-of-the-year-successful-companies-are-run-by-successful-business-people/#respond Tue, 03 Jan 2017 00:40:48 +0000 http://celebritynetworth.wiki/?p=178114 On what criteria are business people of the year selected, by any reputable financial authority? Actually there is really only one criteria, one answer – the ability to generate profits for their companies, and concurrently increase the overall value of the company as reflected in the share price; of course, the bigger the numbers, the …

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On what criteria are business people of the year selected, by any reputable financial authority? Actually there is really only one criteria, one answer – the ability to generate profits for their companies, and concurrently increase the overall value of the company as reflected in the share price; of course, the bigger the numbers, the better. In essence, the most successful companies ARE successful because they are run – in the vast majority of cases – by the most able, and therefore individually successful business-people.

So how does the company’s performance rate?

Of course this means that, unsurprisingly, the large successful companies’ personnel dominate the subject list every year – but no, they are not all American – so this following list of the top 15 business-people and their companies will therefore contain few surprises, although some names are far better known than others, usually because they reflect companies whose products are aimed directly at the consumer, without any intermediary ‘processing’. Still, just how rich are these individuals themselves; how well are they rewarded for their efforts – stock options are not included – and what is their total net worth? Read on!

Mark Parker – CEO Nike – salary $6+ million – total net worth $250 million

Mark ParkerNamed Business Person of 2015 by Fortune magazine, the company CEO who joined Nike in 1979 as a sports shoe designer has proved the adage that you can’t buy experience. He was named CEO in 2006 after the short-lived experiment of bringing in an outsider to replace co-founder Phil Knight when he retired in 2005 failed – Parker still runs, and has a hand in design. His quiet personality means that his achievements in doubling revenues and profits, to $30 billion since 2006 and raising Nike’s stock price six-fold have gone largely unnoticed, except by those that matter.

Mark Zuckerberg – Facebook – salary $16 billion – total net worth $47 billion

Mark Zuckerberg

At number two on the list, the Facebook co-founder and owner needs no introduction. He notionally draws a salary of $1 (one dollar) but his net worth increased by an estimated $16 billion in the 12 months to November 2015 thanks to the value of his 15% of Facebook shares, putting him in the top 10 richest people in the world with $47 billion. This is unsurprising as his company goes from strength-to-strength with monthly usage of 1.5 billion, plus subsidiaries WhatsApp with 900 million, Messenger 700 million, and Instagram 400 million. Facebook is estimated to have conquered 20% of mobile phone usage in the USA. Revenue growth is now at 40% and profit around 25% per year.

Andrew Wilson – CEO Electronic Arts – salary $4 million – total net worth $ 25 million

Electronic Arts2

Australian-born Andrew is another whose company-specific experience has regenerated Electronic Arts since his appointment in 2013 – he joined the company in 2000. After years of heavy losses, the company producing console games made earnings of $875 million in digital sales in the last year, and is expected to continue this trend with its release of its new Star Wars Battlefront game in early 2016.

Tim Cook – CEO Apple – salary $8.5 million – total net worth $785 million

Apple Unveils iPhone 6

Although ranked fourth, Cook has presided over profits totalling $53 billion in the last year – this included a 31% increase in the last quarter alone. New iPhones, the totally new Apple Watch and a change in focus means that the successor to founder Steve Jobs has made his own mark on the company in a remarkable way. Services including Apple Music and Apple Pay have also proven successful, as has marketing in China, obviously a huge market to still be exploited when possible.

Ajaypal Singh Banga – CEO MasterCard – salary $6 million – total net worth $1.2 billion

Ajay Banga, chief executive officer of MasterCard Inc., gestures as he speaks during a news conference at the Mobile World Congress in Barcelona, Spain, on Tuesday, March 3, 2015. The event, which generates several hundred million euros in revenue for the city of Barcelona each year, also means the world for a week turns its attention back to Europe for the latest in technology, despite a lagging ecosystem. Photographer: Pau Barrena/Bloomberg *** Local Caption *** Ajay Banga

Indian-born and educated, since being appointed CEO in 2010, Ajay has overseen MasterCard double its revenue and profits in five years. The company has made several acquisitions and maintained its technological edge over competitors, including signing Citi cards to MasterCard for a period of 10 years, plus a 20-year contract with Itaú Unibanco in Brazil. These dealings have seen MasterCard shares rise 40% in the last two years, and revenue coming in at close to $10 billion, resulting in Ajay Banga being listed at number five.

Mary N. Dillon – CEO Ulta Beauty – salary $4 million – total net worth $70 million

Mary Dillon 3The only woman in the top 15, at number six is Mary Dillon, whose company Ulta Beauty is a highlight in what is known as the glamour business, particularly since her appointment in 2013. The strategy is to aim different products at differing levels of outlets, while resisting takeover bids from major chain stores and supermarkets, which has seen an increase in sales of over 10% in just the last six months. The plan now is to increase e-commerce sales, plus reach hundreds of more stores. The stock has risen by a remarkable 42% in the last year, which is around 10 times better than the S&P 500.

Lei Jun – CEO Xiaomi – salary $9 million – total net worth $13.5 billion

Lei Jun

Until recently, at $46 billion start-up the Chinese smartphone company Xiaomi was the most highly rated in the world, but it plans to emulate Apple and diversify its offerings into products such as hi-fi headphones, GoPro-like cameras, air purifiers and other devices as well as scooters, investing in appropriate companies to achieve this goal. So Lei Jun believes that the confidence placed in Xiaomi is well justified. Although Xiaomi is making money selling phones, Lei Jun is keen to do a lot more, and in the process improve his ranking from number seven.

Travis Kalanick – CEO Uber – salary $6 million – total net worth $6 billion

Uber 2

Kalanick has been described as ‘…a blazing – albeit controversial – sun in the business universe…’ by virtue of the way Uber is shaking-up the taxi/car-hailing industry around the world. Despite antipathy to the company’s modus operandi in several of the 65 countries in which it currently operates, Uber’s value is now estimated at over $70 billion, on which Kalanick’s net worth is based. The value is yet to be reflected in revenues and profit, but investors clearly believe that the future is indeed bright, especially under the dynamic leadership of Travis Kalanick, number eight on this year’s list.

Steve Ells & Montgomery Moran – CEOs Chipotle – salary $5.5/4.5 million – total net worth $200/120 million

Chipotle2

Ells has been with Chipotle for almost 20 years, and Moran for over 10 years – further value in experience? The co-CEOs philosophy is that fast food does not equal junk food, such that Chipotle has influenced what is called ‘quick-serve’ very positively. This includes restaurants, and has forced supposed fast-food leaders like McDonald’s to rethink their practices. GMO ingredients have been rejected, as has avoiding suppliers accused of violating animal-welfare standards, which has clearly considerably enhanced the company’s profile, as its revenues and profits continue to increase. Steve and Monty are now concentrating on delivery and mobile ordering, and on expanding subordinates ShopHouse and Pizzeria Locale chains. Who is to say that they wont be higher than ninth next year?

George Scangos – CEO Biogen – salary $6.5 million – total net worth $100 million

Biogen's revenue2

In five years, Scangos has managed to double Biogen’s revenue, and triple its profits, from an already impressive base. Conversely, this has been partly achieved by continuing investment in research and development (up more than 50% in four years), but to significant effect, including highly profitable ends. However, stock-holders’ expectations of ever-increasing profits means that product lines have been constrained somewhat, and the size of the company’s workforce trimmed. Profits of almost 20% are still forecast. Scangos well deserves his ranking in the top 10.

Larry Page – CEO Alphabet – salary $10 billion – total net worth $30 billion

Larry Page – CEO Alphabet

Maintaining the position of Business Person of the Year – as he was in 2014 – was probably impossible given what you have read above. However, Larry Page is still doing well for Alphabet/Google in continuing to re-organise what is now a virtual conglomerate, while maintaining revenue growth of 20% and profits of 25 %. His personal net worth is also an indicator of his success, as his wealth has increased by almost 30% in the past year largely through his remuneration ‘package’, as he is also one who draws a notional salary of $1, with trusts etc gratefully accepting the rest!

Howard Schultz – CEO Starbucks – salary $4.5 million – total net worth $3 billion

Howard Schultz

Schultz has managed to increase clientele including opening new shops in new locations, such that the company has continued to increase growth, measured at over 5% in each of 25 consecutive quarters. Revenue is also now at an all-time high, with income over $100 billion. These results have been accomplished by utilising technological advances, including ordering by ‘phone and delivering through Juniper Networks and Adobe Systems. Schultz has been associated with Starbucks since 1982, and yet again proves the value of experience in the specific industry to ensure continued success.

Robert Iger – CEO Disney – salary $12 million – total net worth $ 100 million

Lucasfilm2

Iger’s net worth may be questionable, since his remuneration package averages over $30 million, however, considering he was astute enough to acquire Lucasfilm, which includes the ‘Star Wars’ franchise, the profits accruing to Disney may well justify his continued growth in wealth. Bob Iger joined Disney in 1996, when his company ABC/Capital Cities was subsumed, and became President in 2000, subsequently also buying Pixar, the animated movie producer. Disney’s profits continue to rise in what has become a very competitive market.

Morris Chang – Chairman, Taiwan Semi-conductor – salary $100 million – total net worth $13 billion

produce A9 chips2

Chang’s company’s contract with Apple to produce A9 chips should ensure its continued success in the IT world, ensuring the company he founded in 1987 keeps itself near the head of the industry, Chang has consistently invested in R & D over the years, meaning that income margins (35%) and revenue and profit growth amounting to over 60% in the last five years have been intelligently maintained in an increasingly competitive market. Having Qualcomm, Nvidia, Broadcom, AMD among other significant companies as customers is certainly of considerable benefit.

Bernard Arnault – CEO LVMH – salary $9 mllion – total net worth $ 38 billion

Bernard Arnault Join

LVMH has consolidated with profits reaching almost $7 billion – a rise of 50% – in the last three years, on revenue of almost $40 billion, largely thanks to Bernard Arnault’s astute management of the luxury goods producer. Diversification of products – particularly with Louis Vuiton – targetting differing markets around the world has enabled LVMH to retain it’s premiere position. Arnault has been at the head of LVMH since 1989, and both the company’s and his own net worth have risen steadily over the years, to the point where he is arguably the richest person in France, and LVMH certainly one of the most respected companies.

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Easy Come – Easy Go? http://celebritynetworth.wiki/easy-come-easy-go/ http://celebritynetworth.wiki/easy-come-easy-go/#respond Tue, 03 Jan 2017 00:36:21 +0000 http://celebritynetworth.wiki/?p=176739 Easy Come – Easy Go? The old saying has many connotations, referring to many situations in life, and quite often in a joking way, but how would you feel if, at the age of 66, you were to lose around one third of the nest-egg you had built-up over the years to see you through …

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Easy Come – Easy Go?
The old saying has many connotations, referring to many situations in life, and quite often in a joking way, but how would you feel if, at the age of 66, you were to lose around one third of the nest-egg you had built-up over the years to see you through your retirement? Perhaps you wouldn’t feel too badly if you are Christy Walton, who until very recently was ranked by Forbes magazine as the richest woman in the world, and who still has a fortune of around $28 billion.

Walmart2To be precise, latest estimations show that Christy Walton owns about 11 per cent of the shares of American supermarket juggernaut Wal-Mart, and combined with her three in-laws, Jim, Alice and Rob Walton, retains controls of the company. This situation is courtesy of her inheritance from her husband John Walton, who died in an airplane crash in 2005, the ‘Easy (if tragically) Come’ part.

Christy has obviously been both unlucky and lucky – unlucky to lose her spouse in a tragedy, but lucky that her inherited fortune enables her to live in the manner to which she has become accustomed.

Christy married John Walton in 1985, and was left over $$18 billion on his untimely death. At the start of this year, her fortune had risen to over $40 billion, but the volatile nature of the stock market this year, plus Wal-Mart’s relatively poor performance recently, has seen that amount diminish considerably in 2015. On 14 October alone, more than $9 billion was wiped off the value of Wal-Mart shares, almost doubling the amount technically ‘lost’ in this month alone.

Walton family

Total Wal-Mart losses this year now mean that Christy Walton’s net worth has slipped to just $28.5 billion, however, Christy is pretty well a silent partner in the Wal-Mart empire, preferring to live as a virtual recluse on her ranch near Jackson Wyoming, but she does take an interest in the Walton Family Charitable Support Foundation which contributes significant amounts to educational institutions. She also has other investments totalling more than a billion dollars

So, does the ‘loss’ of more than $12 billion effect Christy Walton? Considering her conservative lifestyle, perhaps not very much. Surely a very untypical example of ‘Easy Come – Easy Go’.

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Angels Soar – Flying High on the Money Trail http://celebritynetworth.wiki/angels-soar-flying-high-on-the-money-trail/ Tue, 03 Jan 2017 00:36:14 +0000 http://celebritynetworth.wiki/?p=176956 Victoria’s not-so-Secret Angels are flying higher than the catwalk these days, with many of the current and former models having a considerable net worth now stretching into the hundreds of millions of dollars, as perhaps befits those owning bodies which display jewel-encrusted lingerie pieces, which in turn often sell for millions. Of course many Angels …

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Victoria’s not-so-Secret Angels are flying higher than the catwalk these days, with many of the current and former models having a considerable net worth now stretching into the hundreds of millions of dollars, as perhaps befits those owning bodies which display jewel-encrusted lingerie pieces, which in turn often sell for millions.

Of course many Angels have gone on to other careers such as acting, TV or in business – or been side-tracked from other careers to the lure of displaying unique creations – but there is no doubt that their greatest attraction is just that, very attractive ladies capable of showing-off these creations without really needing to ‘show-off’ themselves.

Victoria’s Secret was founded in 1977 by Roy and Gaye Raymond, after Roy was embarrassed at trying to buy very uninteresting lingerie for his wife. The company manufactured and sold lingerie mainly through stores, and was then sold to Leslie Wexner in 1982 for $1 million, after which the number of boutiques grew from three to 350 within five years. The first catwalk, runway show was in 1995 – Victoria’s Secret Fashion Show – utilising super models of the time, some of whom have indeed stood the test of time. The actual ‘Angels’ line of lingerie was first marketed in 1997, the show was webcast from 1999, attracting two million viewer-subscribers within the year, and is now one of ‘the’ fashion shows of the year, broadcast on American TV during prime time.

2014 Victoria's Secret Fashion Show - Show

In 20 years, almost 200 models have strutted their stuff on the annual catwalk show, but less than 40 have actually become Victoria’s Secret Angels. So who has made the most in terms of net worth? The top 10 as of late 2015 may surprise; they include three Americans (all Californians), three Brazilians, and one each from Australia, Germany, Holland and the Czech Republic.

Karolina Kurkova (2005-2009), Czech, Net Worth $10 million – actress.
Doutzen Kroes (2008-2014), Dutch, Net Worth $20 million – actress, magazine contributor.
Marisa Miller (2007-2010), American, Net Worth $70 million – actress.
Miranda Kerr (2007-2013), Australian, Net Worth $38 million – business woman (skincare products).
Alessandra Ambrosio (2004-present), Brazilian, Net Worth $45 million – actress, spokeswoman Victoria’s Secret, National Multiple Sclerosis Society Ambassador.
Adriana Lima (2000-present), Brazilian, Net Worth $49 million – actress, spokesmodel Maybelline Cosmetics.
Lily Aldridge (2010-present), American, Net Worth $58 million – actress, photographer (Rag & Bone).
Heidi Klum (1999-2010), German, Net Worth $70 million – television actress, host and producer, fashion designer, businesswoman (clothing, jewellery).
Tyra Banks (1997-2005), American, Net Worth $90 million – actress, author, singer, TV talk show host, producer.
Gisele Bündchen (2000-2007) Brazilian, Net Worth $345 million – actress, producer, UN Goodwill Ambassador for the Environment.

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Study to be a Billionaire http://celebritynetworth.wiki/study-to-be-a-billionaire/ http://celebritynetworth.wiki/study-to-be-a-billionaire/#respond Tue, 03 Jan 2017 00:36:07 +0000 http://celebritynetworth.wiki/?p=177710 The title is not strictly accurate of course, but if you have ambitions to become a billionaire, you should seriously consider where to study. Authoritative sources state that although there are now well over 1500 billionaires in the world, almost 300 of them, nearly 20%, were educated at just 20 universities. You will not be …

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The title is not strictly accurate of course, but if you have ambitions to become a billionaire, you should seriously consider where to study. Authoritative sources state that although there are now well over 1500 billionaires in the world, almost 300 of them, nearly 20%, were educated at just 20 universities. You will not be surprised to learn that only four of these seats of learning are outside of the USA, but there are still one or two surprises on this top 20 list, including the number one.

There is no definitive assessment of why exactly these universities are so relatively proficient in producing such subsequently high-flying graduates; obviously high-level teaching is paramount, as is networking among present and past students; also business schools, especially when adjacent to technology research and development facilities and industries, are likely to produce future high earners. Successful schools attract high-level applicants anyway – an average acceptance rate of just 30% by most noted universities means that incoming students are likely to be smart to begin with.

STUDY TO BESo the vast majority of these rich and/or influential people are in business, many technology-orientated, or finance, although education doesn’t explain all, especially when one of the richest and youngest billionaires, Mark Zuckerberg, the founder of Facebook, dropped-out of Harvard University without actually graduating – maybe two-thirds of a Harvard degree is worth more than a full degree from most other institutions!? Major investor, shareholder Carl Icahn with over $22 billion actually dropped-out of New York University prior to graduation.

The following is a list of the top 20 billionaire-producing institutions, with notable graduates: the list is open to debate, as many persons’ net worth varies dramatically according to the often day-to-day volatility of the value of shares held.

20. Eth Zurich in Switzerland

Eth Zurich in Switzerland

Philippe KahnEth Zurich in Switzerland has produced six billionaires to date, including developer of the first micro-chip for computing Philippe Kahn, with an estimated net worth of over $2 billion, but he doesn’t seem to worry too much about his current bank balance!

 

19. Massachusetts Institute of Technology (MIT)

Massachusetts Institute of Technology (MIT)

Celebration For The Fifth Avenue Facade of the Metropolitan Museum of ArtIt may be surprising that with its reputation for technology education and innovative research, Massachusetts Institute of Technology (MIT), with just seven billionaires, doesn’t rank higher. However, one graduate does rank in the top 10 richest in the world – chemical engineer David Koch with $42 billion.

 

17. Brown University

Brown University

John D. Rockefeller Net WorthJim Yong Kim Net WorthBrown University with eight billionaires is also ranked highly, particularly as one of its graduates is Janet Yellen, not a billionaire, but the first female to head the US Federal Reserve, and ranked as the seventh most influential person – fourth woman – in the world by Forbes magazine. She also has a PhD in economics from Yale! Perhaps not so coincidentally, the current Head of the World Bank – American Jim Yong Kim – is also a Brown graduate, but at the top of the board is John D. Rockefeller, estimated by many to have been one of the three richest persons in history.

17. Columbia University

Columbia University

Warren BuffettJoint eighth with eight billionaires is Columbia University. Robert Kraft, chairman and CEO of the Kraft Group and worth over $4 billion, is a graduate, and Warren Buffett – one of the three richest people in the world – obtained a MSc in economics here in 1951.

 

15. Duke University

Duke University

Melinda GatesAmong Duke University’s nine billionaires is Melinda Gates, ($70 billion estimated) while one of its now notorious graduates is ex-US President Richard Nixon. On the other hand, Arkady Dvorkovich, Deputy PM of Russia, is also a PhD graduate from Duke.

 

15. New York University

New York University

Jack DorseyAlan Greenspan Net WorthEqual fifteenth on the list is New York University, with nine billionaires, among whom are co-founder and CEO of Twitter, Jack Dorsey, and former US Federal Reserve Chairman Alan Greenspan.

 

12. Michigan University

Michigan University

Larry Page Net WorthMichigan University has now produced 10 billionaires, with Google founder Larry Page ($30 billion) being one of them.

 

 

12. Dartmouth College

SONY DSC

Leon Black1

Dartmouth College also has 10 billionaires to its credit, with Leon Black, the founder of Apollo Global Management being among them, currently on $5 billion.

 

 

 

12. University of Texas

University of Texas

Michael Dell Net WorthThird on 10 is the University of Texas, with Michael Dell, the founder of Dell Computers, perhaps one of the better known and richer billionaires with a fortune approaching $20 billion.

 

 

10. Moscow State University

Lomonosov Moscow State University

Widow of Robert Louis-Dreyfus and ownerMoscow State University  has so far produced 11 billionaires, the most from Russian institutions, although education is perhaps not as important as ‘who you know’ when business success is calculated in that country. One undoubted successful graduate is Margarita Louis-Dreyfus (nee Bogdanova) owner of the French but Amsterdam-based Louis-Dreyfus Group since her husband’s death, with $8.8 billion. She also owns French soccer club Olympique de Marseille, and lives in Switzerland.

10. London School of Economics (LSE)

George Soros Net WorthMick Jagger Net WorthOn the same ranking is the London School of Economics (LSE), with their 11 billionaires including renowned investor George Soros, who currently boasts a fortune of over $25 billion, and the equally world-renowned Mick Jagger, perpetual leader of The Rolling Stones rock group, but with an estimated net worth of ‘only’ $300 million.

8. University of Mumbai

University of Mumbai

Mukesh Ambani Net WorthThe University of Mumbai  has produced 12 billionaires and is clearly the leading educational institution in India. The richest is Yemeni-born Mukesh Ambani, the largest shareholder, chairman and CEO of India’s second most valuable company, Reliance Industries Limited, a Fortune Global 500 company, with over $20 billion in personal assets.

8. University of California, Berkeley

University of California, Berkeley

Eric Schmidt Net WorthSteve Wozniak Net WorthAlongside at 12 billionaires is the University of California, Berkeley, which can be credited with producing both Alphabet/Google CEO Eric Schmidt ($9 billion net worth), and Apple co-founder Steve Wozniak, who perhaps cashed-in his company chips too early.

5. Stanford

Stanford

Phil Knight Net WorthThere are three universities at 14 billionaires; Stanford from which Phil Knight – who has chaired Nike since founding the company in the mid-60s, and whose fortune now approaches $30 billion – graduated from the School of Business in 1962.

 

5. Cornell University

Cornell University

Cornell University is the alma mater of Robert D. Ziff, one of the 14 billionaires, who inherited part of the family publishing business in the mid-90s, and has since built his share through investments to a very healthy $5 billion plus.

5. Princeton

Princeton

Amazon's Bezos buys Washington Post for $250 mnThe third is Princeton, with Amazon founder and CEO Jeff Bezos being one of the 14 billionaires, now managing a fortune well over $40 billion, putting him close to the top 10 richest people in the world.

 

 

4. University of Southern California (USC)

University of Southern California (USC)

George Lucas Net WorthThe University of Southern California (USC) has 16 billionaires on its alumni, including leading film director/producer George Lucas, of “Star Wars” and “Indiana Jones” fame, whose net worth is over $5 billion.

 

3. Yale

Yale

Unsurprisingly, Yale is in the top three with 20 billionaires, of whom Stephen A. Schwarzman, the global private equity and financial advisory firm Blackstone Group’s chairman and CEO, is probably the richest with over $12 billion.

2. Harvard

Harvard

Jorge Paulo Lemann Net WorthHarvard just pips Yale with 22 billionaires, one of whom is Jorge Paulo Leman, the richest Brazilian with $25 billion accumulated partly through investment banking company Banco Garantia.

 

 

1. University of Pennsylvania

University of Pennsylvania

Donald Trump Net WorthElon Musk net worthThe University of Pennsylvania  with 25 billionaires is perhaps a surprise in the top spot. Probably the most famous – or infamous – alumni right now is Donald Trump ($4 billion), real estate magnate and would-be US Presidential candidate. However, engineer, inventor, investor South African-born Elon Musk is likely the richest at the moment, with an amount approaching $12 billion.

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10 Companies With the Highest Total Share Values http://celebritynetworth.wiki/10-companies-with-the-highest-total-share-values/ http://celebritynetworth.wiki/10-companies-with-the-highest-total-share-values/#respond Mon, 02 Jan 2017 14:36:33 +0000 http://celebritynetworth.wiki/?p=6506 You might say that the best way to grade companies would be based on their revenue or total assets, since they seem quite easy to understand. Unfortunately, this method doesn‘t work as well with giant, multi-billion dollar companies. Stock shares are by far the best way to judge them. The total value of all shares …

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You might say that the best way to grade companies would be based on their revenue or total assets, since they seem quite easy to understand. Unfortunately, this method doesn‘t work as well with giant, multi-billion dollar companies. Stock shares are by far the best way to judge them.

The total value of all shares of a company can be calculated by multiplying share prices by the number of stocks owned by investors. This number gives a pretty accurate value of the company, since it represents the value of all investments in the company. In this list we present the 10 companies with the highest total value of all outstanding shares that are publicly traded. While there are companies that far exceed the value of companies in this list, they‘re either private or owned by the state.

10. Berkshire Hathaway Inc.: $227 billion

Berkshire Hathaway Inc

Best known for being controlled by Warren Buffett, Berkshire Hathaway Inc., located in Omaha, Nebraska, is a company that owns and maintains other companies. These include Dairy Queen, Fruit of the Loom, GEICO and many others. The company also owns 50% of Heinz and has invested sizable amounts into American Express, Coca-Cola, Wells Fargo and IBM. Berkshire Hathaway‘s share value reached $200.00 a piece for the first time in August last year and has been growing by 20% annually ever since. Forbes Global 2000 by Forbes magazine ranks Berkshire Hathaway Inc. as the 5th largest public company with revenue of over $180 billion and market capitalization of $227 billion in 2013.

9. Walmart: $246.8 billion

Walmart

Walmart is one of the best known multi-billion dollar multinational companies, for it is the largest retail chain on the planet with over two million employees worldwide. It‘s also the largest private sector employer in the world. The company has already made over $475 billion this year alone. It‘s still owned by the founder Sam Walton‘s family ever since he started it in 1962. Walmart‘s market capitalization has reached $250 billion in 2014, with shares valued around $76 and rising.

8. General Electric: $257.2 billion

General Electric

This legendary company is the only one remaining from the original 12 listed on the Dow Jones Industrial Average to be publicly traded to this day. With it‘s revenue of $146 billion, assets at $650 billion and market capitalization reaching $257 billion, this company rightfully takes it‘s place as the 4th largest company in The Forbes 2000 and 26th largest according to Fortune 500. Though General Electric had trouble in 2013, they‘re likely to make a return to the top in the near future.

7. Hoffmann-La Roche: $258.5 billion

Hoffmann-La Roche

Hoffman-La Roche is based in Switzerland, but has locations in Europe, North and South America, Asia, Africa and the Middle East. This pharmaceutical company with pharmaceutical and diagnostic research divisions, owns subsidiary companies Chugai Pharmaceuticals, Vantena and Ganetech. This pharmaceutical giant has grown by about $16 billion since last year and continues to command a bigger and bigger part of their industry.

6. Wells Fargo: $261.2 billion

Wells Fargo Reports Quarterly Earnings Rise 13 Percent

This bank has solidified it‘s position as one of top banks in the world with 70 million clients over 35 different countries being serviced in 100.000 establishments. Wells Fargo proudly and rightly calls itself one of the ,,Big Four“ banks in the U.S. . Based on market capitalization of $261.2 billion, this bank takes the number one spot in the world, while being the fourth largest bank in U.S. based on total assets, which have reached a whopping $1.5 trillion. In 2013, Wells Fargo gained profit of $21 billion and continues to keep it‘s place as one of the top banks in the post-2008 crisis market.

5. Johnson & Johnson: $302 billion

Johnson & Johnson

This company is responsible for popular consumer brands such as Tylenol, Band-Aid, Neutrogena Skin Care, Acuvue contact lenses, Clean and Clear and, of course, Johnson & Johnson baby products. As if that‘s not enough, they have a well developed pharmaceutical division, which produces medicines to treat tuberculosis, Crohn‘s disease and Colitis. This division alone racks up 30% of the total $71.3 billion of company revenue. Johnson & Johnson‘s market capitalization is over $300 billion, with market shares going for $107.10 a piece.

4. Microsoft: $382.4 billion

Microsoft

This company is well known for it‘s huge innovations in the computer market, and billionaire employees, so it‘s no surprise that Microsoft is on this list. Founded by Bill Gates in 1972, the company floated for initial public offering in 1986, so there‘s no doubt that this company has played a huge role in developing the industry they‘re in, and billions of people are using one of their many operating systems for PCs today. Trying not to fall off in this highly competitive market, Microsoft has tried diversifying into home gaming and smart phone fields, with varying success. With all their ups and downs, the company still reported total revenue of over $88 billion and assets valued at $172.38 billion in 2014, and has a $382.4 billion market capitalization.

3. Google: $390.3 billion

Google

It‘s hard to belive that this company, with humble begginings as a search engine a mere decade ago, now essentially holds a monopoly on the Internet. Having branched-out to Gmail, Google+, Android devices and owning Youtube, Google surprisingly still earns most of its revenue through AdWords. The revenue has grown about $10 billion from 2012 to 2013. Add to that market capitalization of $390.3 billion and total assets reaching $110 billion last year, and this technology giant has nowhere to go but up.

2. Exxon Mobil: $407 billion

File photo of  the Belgian headquarters of oil giant ExxonMobil in Machelen

Irving Texas‘s Exxon Mobil is the largest gas and oil company traded publicly in the world, providing 3% of total world‘s oil. It claims it‘s title of the most profitable company in the world with total assets of $346 billion, 2013 revenues of $491 billion and market capitalization of $407 billion. Despite the many controversies of oil spills and business practices, which almost come naturally with the oil business, this company is one of the most powerful in the world.

1. Apple Inc: $603.3 billion

Apple Inc

Without a doubt, Apple gets the number one spot on the list. This company probably has the biggest brand loyalty and brand recognition, with billions of consumers lining up at launch events to buy every new Apple product, despite it sometimes not meeting expectations, like the iPhone 6. It‘s debatable if Apple deserves their consumer loyalty, but what‘s for sure is that it brings in huge profits annually. Shadowed only by Samsung in total revenue for a technology company, Apple‘s revenue was $170 billion in 2013, total assets reach $207 billion and market capitalization of $603.3 billion is something to behold of, since it‘s the biggest in the world and earns Apple this spot on the list. Apple’s founder was Steve Jobs.

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Money From Sport – Not Only for Playing http://celebritynetworth.wiki/money-from-sport-not-only-for-playing/ http://celebritynetworth.wiki/money-from-sport-not-only-for-playing/#respond Fri, 18 Nov 2016 01:06:48 +0000 http://celebritynetworth.wiki/?p=178348 Sportsmen and women are among the highest earning celebrities in the world, but not only directly from playing and winning, although this helps when weekly salaries in the $100,000s are seemingly quite common these days in football – both soccer and American football – as a prime example. When it comes to business, both clubs …

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Sportsmen and women are among the highest earning celebrities in the world, but not only directly from playing and winning, although this helps when weekly salaries in the $100,000s are seemingly quite common these days in football – both soccer and American football – as a prime example.

When it comes to business, both clubs and individuals are often quite heavily subsidised by endorsements, usually from companies with a direct interest in sport, in particular sportswear manufacturers. Sportsmen and women are often attracted to a club because an endorsement deal can be arranged which considerably enhances their salaries, but that also works as a two-way street – clubs become and remain successful because with the help of endorsements, they can afford to attract and retain the best players, and companies benefit from the exposure they gain from the person’s and the club’s success. Sports people are also further attracted by the prospect of playing with ‘the best”. Of course, this makes endorsements a great marketing and advertising strategy!

MoneyInSport3

There are 10 team players in the top 15 sports people, and only five individuals, by payments, signed to endorsement contracts – two golfers, two tennis players and a track star – and not one of the 15 is a woman: the highest rated is tennis player Maria Sharapova at #17. Eight are Americans, seven being basketball stars. Nike have a stranglehold with nine of the most highly remunerated 15 signed, perhaps unsurprising as the company is consistently ranked in the top 10 most profitable in the world, a clear example of the ‘two-way street’ mentioned above. Adidas has four signature sports people, Puma one and Li Ning one – there is a clear emphasis on footwear.

 

There are five sportsmen at joint number 15:

Usain advert

Usain Bolt, Track and Field – Puma – $10 million pa

The Jamaican sprinter known as ‘Lightning Bolt‘ is clearly the current star of track and field. Even aside from winning three gold medals at the last two Olympic Games, his height makes him a stand-out in any crowd at athletics arenas, as does his relaxed demeanour in front of the camera.

Rory McIlroy, Golf4

Rory McIlroy, Golf – Nike – $10 million pa

The relatively young Irish golfer has been consistently at the top of the leader board in many recent grand-slam of golf tournaments, having won four and over 20 other tournaments in the last five years. He has also been the World Number One ranked player for 95 weeks during this period.

Rafael Nadal, Tennis – Nike

Rafael Nadal, Tennis – Nike – $10 million pa

Since bursting on the world tennis circuit as a 15 year-old in 2001, ‘Rafa‘ has won 14 grand slam tennis tournaments and appeared in six other finals, plus has won over 50 other tournaments including the 2008 Olympic gold medal. He has also spent 141 weeks ranked number one in singles.

Damian Lillard, Basketball - Adidas

Damian Lillard, Basketball – Adidas – $10 million pa

Damian Lillard has played just three full season for the Portland Trailblazers, but was Rookie of the Year, and has bee selected twice for the All-Star game. His contract with Adidas runs for 10 years, but with an average of over 20 points a game, he may feel that a re-negotiation is in order, as he already has a ‘signature’ shoe in production.

Dwayne Wade, Basketball – Li Ning

Dwyane Wade, Basketball – Li Ning – $10 million pa

Dwyane Wade currently plays for the Miami Heat, and is so popular that for two seasons his playing jersey was the top NBA seller. However, he’s not just a nice guy – he has three NBA championships, and been named to the NBA All-Star game 11 times. Li Ning certainly have an important foot in the sportswear door with this player, especially as GQ magazine has named him the ‘best dressed NBA player’.

Roger Federer, Tennis – Nike3

Roger Federer, Tennis – Nike – $12 million pa – Nr. 10

Seemingly perennial but still just 34 years-old, the personable winner of 17 grand slam tournaments and the beaten finalist in 10 others, he has won another 70 titles since 1998, with all prize money amounting to almost $100 million. He spent eight years continuously at the number one or two ranking – obviously good value for money to Nike.

Derrick Rose, Basketball – Adidas

Derrick Rose, Basketball – Adidas – $14 million pa – Nr. 9

Basketballers are predominant in the list probably because they are much more in the public eye, normally playing a minimum of 80 games a year – more if playing for a team such as Rose’s Chicago Bulls which regularly reaches the play-offs – and score a lot of points: Rose has a career average of over 20 per game.

Kobe Bryant, Basketball – Nike1

Kobe Bryant, Basketball – Nike – $15 million pa – Nr. 8

Kobe has recently announced that the 2015-16 season will be his last, his 20th at the highest level. Selected 17 times for the All -Star game, a five-time NBA Championship winner, and third on the all-time point-scoring list speaks for the value he brings to both the Los Angeles Lakers and Nike.

Tiger Woods, Golf – Nike3

Tiger Woods, Golf – Nike – $20 million pa – Nr. 7

His halo has slipped somewhat in recent years, but at number seven Tiger Woods is still a draw-card, having spent 545 weeks at the top of the golf rankings, during which period he won 14 majors, and an incredible 125 other tournaments, beginning in 1997. Many were won by significant margins, ensuring that Tiger was continually in the limelight.

Lionel Messi, Soccer – Adidas3

Lionel Messi, Soccer – Adidas – $20 million pa – Nr.6

Of current soccer players, at number six Lion Messi consistently vies for the number one spot in the world, as evidenced by his winning the FIFA Ballon d’Or four times, based on his goal-scoring efforts for Barcelona and Argentina over a 10-year period. Messi averages better than four goals every five games – truly impressive in today’s game.

Cristiano Ronaldo, Soccer – Nike3

Cristiano Ronaldo, Soccer – Nike – $21.5 million pa – Nr. 5

Playing for Spanish rivals Real Madrid Cristiano Ronaldo, who has won the Ballon d’Or three times, scoring over 500 goals in almost 800 games since 2002 at club and international level, for Portugal, being named their best player of all time.

Kevin Durant, Basketball – Nike3

Kevin Durant, Basketball – Nike – $300 million 2012-24 – Nr. 4

Kevin Durant, who in just eight seasons with the Oklahoma City Thunder has won a Most Valuable Player award (NBA), and finished top of the scoring list four times, been selected for six All-Star games, and won an Olympic gold medal. He has the reputation of being a ‘nice guy’, apparently well deserved even with other clubs’ fans, which is certainly a bonus for Nike.

David Beckham, Soccer – Adidas1

David Beckham, Soccer – Adidas – $160 million – lifetime contract – Nr. 3

Number three David Beckham, is one of the most marketable players, both during and since his playing career, based firstly on skill – particularly his ability to ‘bend’ his passes and shots – but then personality. Incidentally, half his contract money was paid upfront in 2003, and he will be paid percentages of profits by Adidas on all of his branded products, indefinitely.

Michael Jordan, Basketball – Nike, Jordan Brand

Michael Jordan, Basketball – Nike, Jordan Brand – up to $100 million pa indefinite – Nr. 2

‘Air Jordan’ Michael Jordan needs no real introduction: his brand is named after his ability to reach enormous heights, especially when scoring for the Chicago Bulls during 13 seasons in over 1,000 games and yielding a career average of over 30 points a game. He remains so popular that his footwear brand is estimated to account for more than 50% of sales of the type – Nike probably never made a better investment.

LeBron James, Basketball – Nike

LeBron James, Basketball – Nike – $500 million (lifetime) – Nr.1

Based on the total amount of payment, at number one is LeBron James, the Cleveland Cavaliers star is regarded as one of the most influential players, his teams – the other has been the Miami Heat – invariably reaching the play-offs and he himself has been selected for the All-Star game in all 11 seasons he has played! Nike have spent wisely, even allowing for an initial $90 million contract before he had even played a game. Nice work if you can get it!

money-matters

So who else in the world of sport do you think might be worth endorsing, from a marketing and advertising point of view? Do tell!

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