There may also be Interest Levy on the tax underpayment resulting from the interest expense disallowance made by the tax authorities under the thin capitalization rules.
The result was the United States Steel Corporation, and in 1901, it was awarded a market capitalization of $1.4 billion dollars, making it the world's first billion-dollar company.
If you divide Facebook's market capitalization by its number of users - more than 2.2 billion - you'd find that each user is worth about $175 bucks to investors.
The initial price on the first day of listing was HK $18.86, and its closing price was HK $17.12, with a market capitalization of HK $29.363 billion (about $3.78 billion).
These business models who burned doordash Netflix, and Spotify, and snap and meta, which is tumbled spectacularly out of the trillion dollar club of shared two thirds of their market capitalization.
The research looked at three metrics to rank the performance of CEOs, the total industry-adjusted shareholder returns produced, the total country-adjusted shareholder returns, and the total increase in market capitalization.