Most Valuable company ever

[adesigar]

Most Valuable company in history.

http://www.celebritynetworth.com/articles/entertainment-articles/whats-richest-company-world-youd-surprised/

[Guest ajc]

Interesting read. Thanks for posting.

[yadayada]

how true is that 7.4 trillion figure. Having some doubts there. They were making like 2-300 billion$ a year? It seems that if you maybe look at bread or land then this figure is true. But the price of a lot of other things was very different back then because we dont have the infrastructure we have now.

 

Travelling must have been more expensive? Finding luxury goods, because of much higher transportation costs and risks.

[Otsog]

Really cool, thanks for posting.

 

Does anyone know of any good books on companies like that during the Age of Sail?

[Morgan]

Quite an interesting read. I can see how $78m could inflate to be $7.4 trillion now. I wonder if the author did the calculations for Dutch Guilders to something to dollars and then did the inflation jump or just forgot about the currency changes and did "78 million dollars in 1650 is how much now"?

 

Anyone know how much 1 Dutch Guilder is worth today?

 

I can very easily imagine the founders of the company were stupendously wealthy and powerful, but I'm rather suspicious of the size. 15x more valuable than the largest company on the planet today?

[rkbabang]

According to http://www.unitjuggler.com/convert-forex-from-NLG-to-USD.html

 

1 Dutch Guilder is worth $0.62818181818182

 

So 78M of them is worth about $48M.

 

If my calculation is correct to turn $48M into $7.4T in 364 years you would need an inflation rate of about 1.4%.

 

EDIT:  I screwed up: it's 3.3%. See below.

[peter1234]

I get about 3.3%:

 

7.4 E12/ 48 E6 = 154,166

154,166^(1/364) = 1.0334 or about 3.3%

 

Does this look right?

:)

 

[james22]

Saudi Aramco's value has been estimated at up to US$10 trillion in the Financial Times, making it the world's most valuable company.

 

http://en.wikipedia.org/wiki/Saudi_Aramco#cite_note-8

[rkbabang]

I get about 3.3%:

 

7.4 E12/ 48 E6 = 154,166

154,166^(1/364) = 1.0334 or about 3.3%

 

Does this look right?

:)

 

That's exactly what I did, but used 7.4 billion rather than 7.4 trillion.  Oops!