most profitable companies of 2017 FEATURED

10 Most Profitable Companies of 2017

Profitable U.S Companies in 2017:

The infographic below shows the list of the most profitable U.S. companies in 2017

  • Apple
  • JP Morgan Chase
  • Berkshire Hathaway
  • Wells Fargo
  • Alphabet
  • Bank of America
  • Microsoft
  • Johnson & Johnson
  • Citigroup
  • Altria Group

most profitable companies of 2017

The 10 Most Profitable U.S. Companies 2017 FAQ

What are some tips that will help your business become profitable?

  • Make sure that your business goes on the right track financially
  • Focus on Payroll management
  • Perform habits that will help in your long-term success
  • Convert your blog visitors into real customers
  • Maintain your online reputation

Who got the highest profit in 2017?

Apple got the highest profit in 2017, claiming $45.7 billion.

Who is the owner of Apple and how did he manage to top the list?

Apple was first founded by Steve Jobs, Steve Wozniak,and Ronald Wayne on April 1, 1976. One of the reasons for the success of Apple is the company’s popular products that are generously sold.

Who is the owner of JP Morgan Chase?

JP Morgan Chase has basically 5 largest institutional investors which include BlackRock with 6.33% company shares, Vanguard with 5.11% company shares, State Street with 4.44% company shares, Fidelity with 3.40% company shares and Capital Research & Mgt. with 3.12% company shares.

Who are the biggest inside investors of JP Morgan Chase?

The 5 biggest insiders are the following:

  • James Crown – 12,610,067 shares owned
  • Jamie Dimon – 5,907,314 shares owned
  • Daniel Pinto – 309,255 shares owned
  • Michael Cavanagh – 302,686 shares owned
  • Frank Bisignano – 299,477 shares owned

Who is the owner of Berkshire Hathaway?

Berkshire Hathaway was founded by Oliver Chace around 179 years ago. But currently, Warren Buffett has the largest share in this conglomerate holding, gaining around 36.8% of shares.

What are the companies held by Berkshire Hathaway?

This conglomerate holdings company owns various businesses including GEICO, NetJets, Dairy Queen, Pampered Chef, BNSF Railway, FlightSafety International, Lubrizol, Long & Foster, Fruit of the Loom, and Helzberg Diamonds. They also have minor shares in American Express, The Coca-Cola Company, Wells Fargo and Apple. They also acquired large holdings on major airlines in the US such as United Airlines, Delta Airlines, American Airlines and Southwest Airlines.

Who owns the largest share in Wells Fargo?

As per the market capitalization, Wells Fargo is considered the world’s second-largest bank. It was first founded by Henry Wells and William Fargo on March 18, 1852, around 165 years ago. Warren Buffet’s Berkshire Hathaway is currently the largest shareholder in Wells Fargo.

What are the products of Alphabet?

Alphabet Inc. was established after a corporate restructuring of Google last October 2015. Currently, Alphabet Inc. has product offers related to the following:

  • Technology
  • Internet
  • Software
  • Life Sciences
  • Autonomous cars
  • Research and development
  • Biotechnology
  • List of Google Products

Who is thelargest stakeholder of the Bank of America?

Billionaire investor Warren Buffett has given an aid to the struggling Bank of America in 2011. He invested $5 billion, making him the largest stakeholder in the Bank of America.

Its products include:

  • Consumer banking
  • Corporate banking
  • Insurance
  • Investment banking
  • Mortgage loans
  • Private equity
  • Private Banking
  • Wealth management
  • Credit cards

Who is the owner of Microsoft?

Microsoft was first founded by Paul Allen and Bill Gates in April 1975.

How Microsoft did became successful?

Microsoft rose to dominate the world of personal computer operating system market after their release of MS-DOS at around 1980s.

Who is the owner of Johnson & Johnson?

Johnson & Johnson is founded by Robert Wood Johnson, Edward Mead Johnson,and James Wood Johnson at around January 1886.

Who is the owner of Citigroup?

Citigroup was founded on June 16, 1812, around 205 years ago. James Forese is currently the president while Michael Corbat is the CEO and Michael O’Neill is the chairman. They are offering services like:

  • Credit cards
  • Retail banking
  • Commercial banking
  • Investment banking
  • Private banking
  • Financial analysis

Who is the owner of Altria Group

Martin Barrington is the chairman and CEO of Altria Group which is first named as Philip Morris Companies. They are selling products like tobacco and wine.

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