Amer­ica’s Top Com­pa­nies: 1917

Forbes - - FORBES 100TH AN­NIVER­SARY -

A full 40% of Amer­ica’s largest com­pa­nies, as ranked by as­sets, are oil, steel or min­ing com­pa­nies, in­clud­ing many de­scen­dants of John D. Rock­e­feller’s Stan­dard Oil, which was bro­ken up only six years ear­lier. But the era of the trust lingers. The na­tion’s largest com­pany is Andrew Carnegie’s U.S. Steel, which the gov­ern­ment un­suc­cess­fully tried to break up in 1911. U.S. Steel has as­sets of $2.5 bil­lion (around $47 bil­lion in to­day’s dol­lars) and is more than three times larger than the coun­try’s sec­ond-largest firm, AT&T. Other trusts also fea­ture promi­nently: Cen­tral Leather, Amer­i­can Tobacco, U.S. Rub­ber and J.P. Mor­gan’s In­ter­na­tional Mer­can­tile Marine.

KEY

Sur­vives top 50 un­der (largely) own name 1917–2017 Sur­vives top 50 un­der (largely) own name 1917–1967 Sur­vives top 50 un­der (largely) own name 1967–2017 Ac­quired or merged into com­pany on later list Cre­ated as the re­sult of merg­ers of com­pa­nies on ear­lier lists

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