The cost of buying all the tech companies in the world would be astronomical. According to Forbes, technology firms claimed a record 177 spots on this year's Global 2000, Forbes' annual ranking of the world's largest public companies. Altogether, the technology companies on Forbes' Global 2000 represent a staggering $17.9 trillion in market value².
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| Screenshot from Statista (https://www.statista.com/statistics/263264/top-companies-in-the-world-by-market-capitalization) |
It is important to note that this figure only includes publicly traded companies and does not account for privately held tech companies. Additionally, market values fluctuate over time and can vary depending on various factors such as economic conditions and company performance.
In conclusion, while it is difficult to accurately estimate the total cost of buying all the tech companies in the world, it would certainly be an astronomical figure.
Source: Conversation with Bing, 7/9/2023
(1) Biggest companies in the world by market cap 2023 | Statista. https://www.statista.com/statistics/263264/top-companies-in-the-world-by-market-capitalization/.
(2) The Largest Companies by Market Cap in 2023 | The Motley Fool. https://www.fool.com/research/largest-companies-by-market-cap/.
(3) Top 10 biggest companies in the world by market cap in 2023. https://www.forbesindia.com/article/explainers/top-10-largest-companies-world-market-cap/86341/1.
(4) World’s Largest Companies 2023 | Global Finance Magazine. https://www.gfmag.com/global-data/economic-data/largest-companies.
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