adesigar Posted April 24, 2014 Share Posted April 24, 2014 Most Valuable company in history. http://www.celebritynetworth.com/articles/entertainment-articles/whats-richest-company-world-youd-surprised/ Link to comment Share on other sites More sharing options...
Guest ajc Posted April 24, 2014 Share Posted April 24, 2014 Interesting read. Thanks for posting. Link to comment Share on other sites More sharing options...
yadayada Posted April 24, 2014 Share Posted April 24, 2014 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. Link to comment Share on other sites More sharing options...
Otsog Posted April 24, 2014 Share Posted April 24, 2014 Really cool, thanks for posting. Does anyone know of any good books on companies like that during the Age of Sail? Link to comment Share on other sites More sharing options...
Morgan Posted April 24, 2014 Share Posted April 24, 2014 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? Link to comment Share on other sites More sharing options...
rkbabang Posted April 24, 2014 Share Posted April 24, 2014 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. Link to comment Share on other sites More sharing options...
peter1234 Posted April 24, 2014 Share Posted April 24, 2014 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? :) Link to comment Share on other sites More sharing options...
james22 Posted April 24, 2014 Share Posted April 24, 2014 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 Link to comment Share on other sites More sharing options...
rkbabang Posted April 24, 2014 Share Posted April 24, 2014 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! Link to comment Share on other sites More sharing options...
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