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In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies.The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking.
On reading the balance sheet, if the accumulated losses exceed the shareholder's equity, net worth becomes negative. Net worth in this formulation does not express the market value of a firm; a firm may be worth more (or less) if sold as a going concern, or indeed if the business closes down. Net worth vs. debt is a significant aspect of ...
Musk is followed on the billionaires list by Amazon founder Jeff Bezos - with a net worth of $243.7 billion, while Oracle co-founder Larry Ellison is in the third spot with a net worth of $223.4 ...
Net worth Company Sources of Wealth 1 Savitri Jindal: 33.5 billion JSW Group, Jindal Steel & Power: Steel, energy, cement and infrastructure 2 Rekha Jhunjhunwala: 8.5 billion Rare Enterprises Investments 3 Vinod Rai Gupta: 5.0 billion Havells: Manufacturing 4 Renuka Jagtiani: 4.8 billion Landmark Group: Fashion & Retail 5 Smita Crishna-Godrej ...
The company's petrochemical, refining, and oil and gas-related operations form the core of its business; other divisions of the company include cloth, retail, telecommunications, and special economic zone (SEZ) development. In 2012–13, it earned 76% of its revenue from refining, 19% from petrochemicals, 2% from oil & gas and 3% from other ...
Net worth: $146.4 billion Larry Page, cofounder of Alphabet, gained $5.3 billion to bring his total wealth to $146.4 billion on Wednesday as shares of the Google parent rose toward record highs.
The richest person in the world just hit an even higher milestone. Elon Musk’s net worth has reached $400 billion, according to Bloomberg, making him the first person ever to cross that mark.