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by dcposch 1519 days ago
I skipped Aramco on purpose. It's a vanity valuation.

The true top five each created valuables businesses based on 0-to-1 products.

Aramco didn't create much, certainly nothing worth close to $2T. The Saudi autocrats just list their country's oil reserves (preexisting value, created by nobody) on this state-owned enterprise's balance sheet in order to flex on most-valuable lists.