Net worth combination: The biggest mergers in history

When two companies of immense net worth merge, the results are often extreme. Either they soar to unprecedented heights, or they become historical markers for epic failures. Whatever the result may be, they always end up affecting a significant percentage of the population. Here are some of the biggest mergers the world has ever seen. 

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AOL and Time Warner 

After the computations were made, it was estimated that this deal cost a whopping $164 billion. The problem though was that before its tenth year anniversary, the partnership collapsed due to a combination of factors. At the end, Time Warner returned to being its own company. 

Vodafone and Mannesmann 

This merger happened a month after the AOL-Time Warner merger and it holds the record the biggest merger in recorded history. It happened in February 2000, with over $180 billion at stake. It did have a few kinks, like the Germans not accepting the deal warmly. But these were eventually ironed out and Vodafone emerged as the industry leader in mobile devices.

Verizon and Verizon Wireless 

This merger happened a lot more recently. Verizon pulled off a coup by taking Verizon Wireless from Vodafone – but without coughing up $130 billion. That may sound like a huge loss, but Verizon has become much more competitive in the US because of this merger. 

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Ranking The Most Powerful Ceos In The World

We’re all familiar with the ranking of the most powerful people in the world. It’s a list of who’s who of global influencers. From Russia’s president, Vladimir Putin (#1) to billionaire political donor, Charles Koch (#31), there are only 74 individuals who make the list. But when it comes to powerful CEOs, the basis isn’t just the market cap, but their influence in the company and the industry they’re in.

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Here’s the top 10 list of CEOs according to Forbes Magazine:

10. Doug McMillon Walmart Market Cap: $220B 

9. Lloyd Blankfein Golden Sachs Market Cap: $99B

8. Rex Tillerson ExxonMobil Market Cap: $377B

7. Jeffrey Immelt GE Market Cap: $282B

6. Elon Musk SpaceX, Tesla, SolarCity Market Cap: $31B (Telsa)

5. Jamie Dimon JPMorganChase Market Cap: $303B

4. Warren Buffett Berkshire Hathaway Market Cap: $409B

3. Jeff Bezos Amazon Market Cap: $316B

2. Mark Zuckerberg Facebook Market Cap: $304B

1. Larry Page Alphabet Market Cap: $550B

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Hi there! I’m Steve Sorensen, a business blogger. I explore the stories behind the net worth of some of the world’s successful businesses. Subscribe to my blog for similar reads.

Business thriving: When a company sheds its startup status

How does one say that a business is a startup or something more than that? Does it have any-thing to do with size, net income, and years in the business? A lot of us have seen and recognized startups, but we can’t really define what sets them apart from bigger companies. And some companies still have the “startup mentality” even after they have supposedly outgrown the sta-tus. Here’s how we can say a company has left its startup status. 

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More employees If the company has around thirty full time employees (which has doubled or tripled after its in-ception), it’s safe to say that its startup status is over. And when a company has satellite offices and branches, it is no longer considered a startup. Instagram is an example of a startup gradu-ate, having started with 12 employees, with its team exponentially multiplying after its acquisi-tion by Facebook. 

Stable finances A lot of businesses often make ends meet just to sustain operations. This might mean salary and budget cuts. But when the business can pay its employees well (with benefits) and makes great profit, it is no longer a startup. 

Brand recognition When a business does not need to boast about its awards, client base, and other notable achieve-ments; and is known for their unique branding, it is no longer a startup. 

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Hi there, I’m Steve Sorensen, a networth and business blogger. Check out this pagefor more business news.

Stock Market Jargon: Commonly Used Terms You Should Know

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If you’re thinking about starting to trade, the first thing you’ll notice are the jargons used by traders when they communicate. For them, it’s their first language, but for the untrained ear, it’s ciphered. You need to know these words if you want to be a successful trader. Below are some of the most common stock market trading terms you should know.

Averaging Down: When an investor buys more of a stock as the price goes down. They do it, so the average purchase price decreases.

Bear Market : The opposite of a bull market, this is when stocks are on a downtrend.

Blue Chip Stocks : These are large, industry-leading companies. They offer a stable record of significant dividend payments. The term came from the blue chips used in casinos, which have the highest denomination of chips.

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Day Trading : People who do this are often called “active traders” or “day traders” where they buy and sell stocks within the same trading day, before the close of the market on that day.

Sector : A group of stocks within the same category of business. “Technology sector” includes Apple and Microsoft.

Hi, I’m Steve Sorensen. I keep track of companies’ success through their net worth. And I usually write about them on Facebook.

Billions In a Snap: The Fabulous Life Of Snapchat CEO Evan Spiegel

Since its launch in 2011, Snapchat has become a social media staple. After rejecting a takeover bid from Facebook’s Mark Zuckerberg, the co-founders of the app have earned their share of fame and fortune.'

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Snapchat’s CEO, Evan Spiegel, is among the world’s youngest billionaires. At just 26 years old, Spiegel has an estimated net worth of $5 billion. And according to forecasts, it is possible that he’ll reach $25 billion soon.

Spiegel is very vocal about his upbringing, describing himself as “young, white, and educated.” His parents, who were both Ivy League-educated lawyers, divorced when he was in high school. He was fortunate enough to enter Stanford, where he met Snapchat co-founders Bobby Murphy and Reggie Brown in a fraternity. Just like Zuckerberg, Spiegel did not graduate from Stanford. With just a few units left before graduation, Spiegel decided to work on Snapchat full time.

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Snapchat and its co-founders had their share of controversy, too. In 2013, Brown sued Spiegel and Murphy after they kicked him out of Snapchat without paying him equity. In a sour turn of events, Spiegel and Murphy paid Brown $157.5 million in settlement.

At his peak twenties, Spiegel rose to celebrity status and was rumored to be dating different A-list celebrities.

Hello, I’m Steve Sorensen, a business blogger and investment strategist interested in learning about the net worth of the world’s richest people. Visit this page for similar content.

A closer look into tech and energy giant Tesla's future

2016 was filled with news about Tesla. The tech and energy giant made waves when it first introduced the world’s first electrical car. The reveal was overshadowed by Elon Musk’s announcement for cleaner energy technologies. It seems that there is no stopping the company from changing the way society operates.

Elon Musk is one of the richest people in the world, with an estimated net worth of US $12.4 billion. Eccentric CEO Musk however places little focus on how much he is worth and more on how he can shape the future. That discussion turns to his forecasts for Tesla’s future.

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Tesla Solar: While not really a new topic, Musk is emphasizing the importance of solar energy. He believes that in the next few years, more homes will be utilizing this energy source. Moreover, calculations have made it possible for solar panels to look more elegant and sleek.

Tesla Semi: Supply chain logistics are dependent on transportation. Tesla envisions a future that uses freight trucks run on electricity. This will significantly reduce the cost of transporting cargo.

Self-driving buses: This is Tesla’s answer for urban public transportation. Although the company has given no indication of when these commercial vehicles will be made ready, the thought of traveling around a city in an unmanned craft is simply intriguing.

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It is clear that Tesla is still pushing itself in high-gear to improve society. Financial analysts recognize that the company’s growth – and consequently its overall net worth - will continue to increase as more people see the advantages of Tesla’s technology.

Steve Sorensen looks into the networth of different companies and individuals to aid his financial research and analyses. Learn more when you follow this blog.

Value-Adding Business Strategies For The Savvy Entrepreneur

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Anyone who's ever gone into business knows that it's no mean task trying to improve the company's value, especially in a tough market environment. What should an entrepreneur do to make investors and potential buyers see the company's worth?

Raise profitability - This is likely one of the more obvious things a company should do when they want to look attractive to buyers or to investors. It's not enough to show that there's still income coming in, but that profit is actually increasing. One can do this by establishing more efficient operations strategies and reducing overhead costs where possible.

Maintain a reliable and talented workforce - Fast employee turnover can be a red flag for people looking into a company's stability. From the get-go, a company should be able to find highly-skilled and committed employees, and find ways to motivate them through fair and competitive compensation packages, incentives, and benefits.

Innovate. - Whether it's a product, service, or a process of providing either, innovation is key to increasing the business' value. Having something that's unique, and hopefully patented, can help a business attract potential shareholders or buyers.

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Re-evaluate businesses - If a business or project is underperforming, it's probably time to eliminate it or pivot. This may be difficult if one is attached to a project, but it can be a very necessary step so that one is able to focus on growing the business unit that is making profit. Also, it will make sense to cut a project if it's making more debt as reducing debt is one way to add value to a company.

These are some ways a company can boost its value to gain the interest of potential buyers or encourage investors. Some strategies may take longer than others before they show its effects, but they may prove advantageous to a business owner, depending on whether one's objective is to sell as soon as possible, or to invite investors who can help the company expand.

How successful companies improve their networth is Steve Sorensen's main interest as a business blogger. Read this blog for business news and investment strategies.