In the news recently was the fact that Apple Computer is now the largest corporation in the U.S. with a combined stock value of $358,310,000,000 which beats out ExxonMobil by $400,000,000. As large as these companies are they don’t hold a candle to Saudi Aramco, the Saudi Arabian state-owned oil conglomerate. Saudi Aramco has an estimated value of $2,940,000,000,000 which is over $500,000,000,000 larger than the total value of Apple, ExxonMobil, Petro China, IBM, Microsoft, Bank of China, China Mobile, Royal Dutch Shell, Nestle and Chevron combined.
In other words, Saudi Aramco’s value is one-half a trillion dollars more than the total value of the next ten largest corporations in the world combined. Do you think that fact may have something to do with how the federal government deals with Saudi Arabia?
