Monaco is the first in billionaire companies .. What about Arab countries?

The latest figures revealed that although the United States is home to the largest number of companies worth one billion dollars, with 1873 companies, the Emirate of Monaco excels over the countries of the world in terms of the number of companies with a market value of one billion dollars for the population.

Although the small Emirate of Monaco has only 3 companies from the billionaire companies, all in the field of maritime transport, but its population, which is less than 40 thousand people, makes it the largest rate of the concentration of companies, which reaches 77 billion companies per million people, followed by Luxembourg with 31.6 companies, and Iceland with 18.1 companies. These countries are usually popular options between those with competencies, and are suitable sites for innovations and economic growth.

According to a recent study of “Best Brockers” financial company, other major economies occupy lower centers in the list (compared to the population of the population), such as Japan (3.2 companies per million people), the United Kingdom (3.2 companies), Germany (1.7 companies), Brazil (0.3 companies), India (0.2 companies) and China (0.15 companies). The Best Brocker study, which confirmed that its methodology is to eat the number of companies compared to the number of the population, not just monitoring their number in each country, explained that while there are actually the largest number of these companies in the United States, it ranks 16th with a rate of 5.5 companies per million people.

Gulf and Asia occupy advanced ranks after Monaco

According to this arrangement (the number of billionaire companies compared to the population of the population) occupies many economies of the Gulf and Asia advanced ranks in the list, including Singapore (8.8 companies per million people), Qatar (8.4 companies per million people), the Emirates and Canada (5.8 companies), and all of these excel over the United States (5.5 companies per million people) in terms of the number of companies compared to the population.

Also, the Swiss and Swedish economy is characterized by the proportions of large billion billionaire companies. Switzerland (13.8 companies per million people) and Sweden (10.5 companies) while Australia is a little backward at a rate of 5.4 companies.

The countries with an investment orientation dominate not only in terms of the number of billionaire companies for the population, but also with regard to a rate of concentration per square kilometer, so we find that Monaco takes the lead and then Singapore, Bahrain and Luxembourg.

The study indicates that the market value of the billionaire companies in Switzerland, Saudi Arabia, Taiwan and the United States exceeds 200% of GDP, a level that reflects the strength and size of markets and financial institutions, and excessive dependence on asset growth.

But the study warns that in such economies with severe financial domination, when wealth becomes a great danger, and market activity is not commensurate with the growth of the real economy, a structural defect that some economists link to financial crises such as the 2007-2008 collapse.

When a number of large companies dominate the local product, employment and evaluation processes, economies may become more vulnerable to the fluctuations of asset prices and economic shocks witnessed in specific sectors, and financial instability on a broader scale.

Classification of billionaire companies

The study deals with more than 5,500 companies listed on stock exchanges around the world, the market value of one of them is at least one billion dollars, using data from the “Compact Cap”, the first Compact Market Cap. It indicates that about 1,400 billion companies concentrated in China, India, Japan, Canada and the United Kingdom.

The study shows that eighty of the ten largest companies in terms of market value are technology companies, and eight, including American companies (out of 1873 billion American companies), as giant technology companies, which have witnessed huge growth over the past two decades, are among the largest players, where Apple, Microsoft, Envide, Meta, and Alabett, along with Amazon, the largest retail seller in the world, occupy the first positions In the list of billionaire companies, its revenues and market share are expected to increase in the coming years.

The United States is home to many of the largest companies in terms of revenue and market value, and among 5,000 companies with a market value at least one billion dollars, there are 1873 American companies.

Contrary to the recent conclusions of the World Bank, which indicates a decrease in the number of countries with a large income disparity from 77 countries in 2000 to only 52 countries in 2022, the study of the Best Brokers team alerts that the numbers alone are not sufficient to reveal the current situation of the economy, especially in 2025, where it seems that the disparity in income will reach its peak, and the owners of the billions are now richer than any time It has passed, and companies generate billions of dollars in revenue for their shareholders. (The New Arab)


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