Actually, It's the most valuable *publicly traded* company by market cap. Saudi ... | Hacker News

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pooriaazimi on July 3, 2012 | parent | context | favorite | on: Steve Jobs The Lost Interview is on iTunes, but do...

Actually, It's the most valuable publicly traded company by market cap. Saudi Aramco's worth trillions (some estimates go as high as 15 trillion)! :D

They have at least 260 billion barrels of oil, most of which are easily recoverable for less than $3 per barrel: http://www.forbes.com/2010/07/09/worlds-biggest-oil-companie... - That's a lot of money...

spinchange on July 3, 2012 [–]

The consensus definition of market capitalization is the value of all outstanding shares of publicly traded companies, expressly. At least that is the context in which I was referring.

pooriaazimi on July 3, 2012 | [–]

Hmm... I guess you're right. My bad!

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