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Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai.It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$630 billion) as of March 2024. [4]
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 ...
The surge in his net worth followed a blockbuster earnings report from Tesla that sent the company’s stock soaring by 22%, marking its best performance since 2013.
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 is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). [ 2 ] At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept.
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.
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.