[shasts]

There are privately held companies that has 100B+ revenue per year.

Cargill to Ikea

[s1artibartfast]

Sure, but that is revenue, not valuation, which can be lower (or higher).

For example, Walmart has 560B+ revenue per year and a market cap of 380B.

[protomyth]

Cargill would have an amazingly high valuation just due to all the assets owned.

[s1artibartfast]

You may very well be right! I didn't mean to come off saying you are wrong, just that Revenue isn't a proxy. IKEA on the other hand I very highly doubt has a higher market cap. Retail typically has high Revenue and low margin, like Walmart

[protomyth]

For a bit of information https://m.startribune.com/minnesotas-cargill-is-largest-u-s-...