yeah. brian limond is going to start "gaffers inc" and become a trillion dollar conglomerate that caters to the 50+ crowd

EASY PETE INC

Most trillion dollar companies are multinational, sure they may be based in certain companies, but they operate everywhere. If the UK wants to encourage a company to move their headquarters, it is just a matter of offering enough incentives.

Is there any benefit beyond saying gee Visa moved it's headquarters here, we now have a multi-billion dollar corporation, if most of the operation hasn't moved to the UK.

Originally posted by steven1mac:

Most trillion dollar companies are multinational, sure they may be based in certain companies, but they operate everywhere. If the UK wants to encourage a company to move their headquarters, it is just a matter of offering enough incentives.

Is there any benefit beyond saying gee Visa moved it's headquarters here, we now have a multi-billion dollar corporation, if most of the operation hasn't moved to the UK.

The location of the headquarters isn't what makes a company British or American or whatever, it's where the company was created, where it continues to operate and where the majority of it's employees are.

If Amazon moved their HQ to Riyadh, you obviously wouldn't conclude it's now a Saudi Arabian company 🥴

Hopefully the UK will at some point.


Trillion dollar companies

The US has around 10 companies with market capitalizations exceeding one trillion dollars.

Billion Dollar Companies by Country

The U.S. is home to 1,873 billion dollar firms by market cap, more than a third of the global total.
Japan ranks in second worldwide, at 404 billion dollar publicly listed firms.
Since 2000, the number of companies in India valued at $1 billion or more has jumped from 20 to 348.
Where Are the World's Largest Firms Located?
With a $60.1 trillion market cap, the U.S. stock market commands 49% of the global share and the highest concentration of billion dollar firms.

China ranks sixth, with 216 companies with a market cap of at least $1 billion, falling behind India, Japan, and Canada.

Overall, the Asia-Pacific region has the second-highest share of billion dollar firms, at more than a quarter of the global total.

Meanwhile, Latin America has the lowest share, at 2.5%.

Dataset
Country Numer of Billion Dollar Companies by Market Cap
U.S. 1873
Japan 404
India 348
Canada 228
UK 218
China 216
Australia 143
Germany 143
France 131
Switzerland 122
Sweden 111
Saudi Arabia 98
Italy 79
South Korea 78
Taiwan 77
Israel 70
UAE 62
Spain 59
Brazil 58
Thailand 52
Singapore 51
Netherlands 44
South Africa 43
Norway 42
Denmark 40
Belgium 37
Malaysia 37
Indonesia 36
Türkiye 35
Vietnam 34
Ireland 32
Finland 32
Poland 31
Austria 29
Mexico 28
Qatar 25
Kuwait 25
New Zealand 23
Luxembourg 21
Greece 21
Chile 19
Argentina 18
Russia 15
Portugal 14
Philippines 14
Pakistan 12
Bahrain 9
Iceland 7
Oman 7
Czechia 4
Kazakhstan 4
Colombia 4
Monaco 3
Hungary 3
Uruguay 2
Panama 2
Cambodia 2
Romania 2
Peru 2
Malta 1
Cyprus 1
Lithuania 1
Costa Rica 1
Jordan 1

illegal prostitution rackets

Random thought here, but isn't Ireland like the place all the big companies have their HQ? And they do that because the taxes are less than anywhere else?

Anyway, yes, I'm 100% sure of it. Mostly because if there's no time-limit, then it can come true anytime in the future, remember this post in the year 200.000 because I did just tell the future all the way back here in 1995! That's the current year, right?

maybe if a company starts selling "I hate starmer" t-shirts

i hate ♥♥♥♥♥♥♥♥♥ who post "datasets" and don't even have the literacy to format them for a forum viewing experience

in another timeline ARM would have been already

Originally posted by Alxndr:

The 4 largest market cap company the UK have are currently

AstraZeneca (pharma)
HSBC (banking)
Linde (chemicals)
Shell (energy)

Each of these companies sits in the $200b - $230b range, the next company on the list is ARM which sits at $150b so the top 4 need to 4x in value to reach $1trillion, which is extremely unlikely given the nature of their sectors, it's possible for AstraZeneca but still 400% is a big ask.

The issue is we don't actually have any technology companies except ARM, and their business model inherently limits upside growth as they just sell the licences and collect royalties, as opposed to actually selling a physical product.

I just don't really see it happening anytime in the next 20 years, I guess there's probably a 50% chance of AstraZeneca topping $1trillion but if they do it'll probably be a very slow uphill slog, driven mostly by inflation.

yes, one of their bank may be already in trillion like hsbc

Assuming a 3% rate of inflation the dollar is only expected to be worth half as much as it originally was in 24 years time, so a $230 billion dollar company today will be worth $960 billion in 48 years just from inflation alone...

Originally posted by Tonepoet:

Assuming a 3% rate of inflation the dollar is only expected to be worth half as much as it originally was in 24 years time, so a $230 billion dollar company today will be worth $960 billion in 48 years just from inflation alone...

Yeah, that's why I said in the last part of my post that it will likely happen but it will inevitably be due to inflation, rather than actual price appreciation of a growing company.