Forbes’ 13th Annual Global 2000: The World’s Biggest Public Companies

By May 6, 2015Bitcoin Business
Click here to view original web page at www.forbes.com

NEW YORK (May 6, 2015) — Four Chinese banks top Forbes’ 13th annual Global 2000 ranking of the biggest, most powerful and most valuable companies in the world (Global 2000, p. 92 in the May 25 issue of Forbes magazine).  For the first time, China houses the world’s four biggest companies, and lands 5 of the top ten spots for the second year in a row. Criteria for the ranking include: sales, profits, assets and market value.  In total, Global 2000 companies account for $39 trillion in revenues, $3 trillion in profits, $162 trillion in assets, and $48 trillion in market value in 2015. Total market value grew 9% year-over-year, the most among the four metrics. The top five companies on the 2015 Global 2000 list are:

  1. Industrial & Commercial Bank of China (ICBC), China – Banking
  2. China Construction Bank, China – Banking
  3. Agricultural Bank of China, China – Banking
  4. Bank of China, China – Banking
  5. Berkshire Hathaway, United States – Conglomerate

Highlights include:

  • Thanks to a rising stock market and strong investor demand, the boom of the global IPO market added at least 20 notable newcomers to the list. In particular, Asian companies took the lead in raising capital, such as Alibaba’s IPO, the world’s largest IPO ever.
  • Notable newcomers include Dalian Wanda Commercial Properties (operated by China’s richest man Wang Jianlin); Electronic Arts; Nippon Paint (Asia’s largest paint manufacturer); Expedia; Axel Springer; Amorepacific (South Korea’s largest cosmetic player); and Tiffany & Co.
  • Notable gainers include Facebook, which increased more than 200 spots in this year’s ranking due to rising revenue and profits; American Airlines; Starbucks; and Monster Beverage.
  • The top 5 Country breakdown:
    • US: 579
    • China (mainland and Hong Kong): 232
    • Japan: 218
    • UK: 94
    • South Korea: 66

ALSO IN THIS ISSUE:

Cover Story:  Bill Ackman 2.0 (p. 82) – Activism gets the headlines on Wall Street, but its boldest practitioner, Bill Ackman, is quietly pivoting to a second act that has more in common with Warren Buffett than Carl Icahn.

Drones Wars (p. 130) – At 34, Frank Wang has turned his dream of flying robots into the world’s biggest drone company – and a $4.5 billion dollar fortune. Now, as the market for his devices explodes, his old colleague is trying to take him down.

Hall of Fame CEOs (p. 114) – These six CEOs have not only kept their jobs, they’ve also presided over some of the largest global growth stories of the last decade.

The Flight of His Life (p. 92) – At a North Carolina airfield just 240 miles from aviation’s birthplace, a revolutionary Honda engineer named Michimasa Fujino is making his 29-year dream of a new kind of business jet a reality.

Moving at the Speed of Money (p. 104) – While overhyped cryptocurrencies like Bitcoin grab all the attention, Visa CEO Charles Scharf has quietly put a $6.8 trillion strangehold on the world’s commercial transactions. The future of payments? Surprise! It’s already here.

The Google for the Broken Web (p. 48) – If you could expose every flaw on every website, all at once, wouldn’t that be a good thing?  Not everyone agrees.

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FORBES RELEASES ITS 12th ANNUAL SOCCER TEAM VALUATIONS

Real Madrid Ranks No.1, With Highest Revenue of Any Sports Team in the World

New York, NY (May 6, 2015) – Forbes announced today its 2015 list of the World’s Top 20 Most Valuable Soccer Teams. Real Madrid, valued at $3.3 billion, tops the list for the third consecutive year.

Despite its 5% decrease in value, Real Madrid remains the most valuable team due to its $746 million in revenue, which is the highest revenue of any sports team in the world. Barcelona is currently valued at $3.2 billion, placing the team at the No. 2 spot on this year’s rankings. Manchester United now ranks No.3 on the list, valued at $3.1 billion.

According to this year’s soccer valuations, the top 20 teams are worth an average of $1.16 billion, an increase of 11% over last year. The increase is primarily driven by rising television and uniform sponsorship revenue.Eight of the top 20 teams are from England. The country’s Premier League recently scored a new domestic television deal that will pay the league an average of $2.7 billion annually for three years, beginning with the 2016-17 season. The new deal is more lucrative than that of any other soccer league and 70% more than the league’s current agreement.  When the Premier League’s international rights are finalized by the end of 2015, total media rights are expected to surpass $4 billion a year — the second highest in sports, behind the NFL’s $5 billion in national media rights.

Methodology: Forbes’ team values are enterprise values (equity plus net debt) based on the team’s current stadium deal (unless a new stadium is pending) based on April 22, 2015 exchange rates. Operating income is earnings before interest, taxes, depreciation and amortization, player trading and disposal of player registrations. Revenues and operating income are for the 2013-14 season, converted into U.S. dollars based on an average exchange rate for the 2013-14 season.

The Top 10 Most Valuable Teams of 2015 are:

Rank Club Country Owner/
Controlling Shareholder
Current

Value

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