Here is a summary of the six largest tobacco companies ranked by enterprise value, prior to the combination of British American Tobacco and Reynolds, that are pushing world governments to ban e-cigs and vapes using fake news by bribing relevant authorities because tobacco business is the most profitable business in the world.
- 1. Philip Morris International Inc. PM 0.56%- $175 billion.
- 2. Altria Group Inc MO 1.14% - $139 billion.
- 3. British American Tobacco - $129 billion.
- 4. Reynolds American - $89 billion.
- 5. Tokyo-listed Japan Tobacco Inc (TYO: 2914) - $68 billion.
- 6. London-listed Imperial Brands PLC (LON: IMB) - $61 billion.
According to The Tobacco Atlas, estimates of revenues from the global tobacco industry likely approach a half trillion U.S. dollars annually. In 2017, the combined profits of the six leading tobacco companies was U.S. $654 billion, more than combined profits of Coca-Cola, Microsoft, and McDonald's in the same year.
Stay tuned to NGB as the story develops...
