One of the “Big Four” banks in the People’s Republic of China, this bank is completely owned by the state.
One of the best known companies in the world, Ford was responsible for making large scale production of personal automobiles possible.
Incorporated in the Netherlands, this massive financial services company is run by Italy’s Agnelli family.
An American retail pharmacy and healthcare company. It changed its name from CVS Pharmacy to CVS Health in 2014 when it decided to remove tobacco products from its shelves.
A managed healthcare company based in Minnesota, UnitedHealth Group provides health insurance to more than 70 million Americans.
Headquartered in Stuttgart, Germany, this is the company behind Mercedes. Although it is primarily an automotive company, it also provides financial services.
This well known South Korean electronics company has long jockeyed with Apple for the top spot in the electronics department.
Involved with pharmaceuticals and medical supplies, McKesson has its headquarters in downtown San Francisco.
This multinational conglomerate is known for its leadership by the famous investor Warren Buffet. Given that the company is headquartered in Omaha, Nebraska, Warren has been given the nickname “The Oracle of Omaha”.
Formerly known as British Petroleum, BP is the second of the world’s “supermajor” oil companies on our list.
Typically referred to as Shell, this British-Dutch oil company is incorporated in the UK and headquartered in the Netherlands.
Before we say anything else, we want to point out that of the top 4 largest companies in the world…numbers 2, 3, and 4 belong to the Chinese government. So starting at number 4, we have the first of the remaining two “supermajor” oil companies – China Petrochemical Corporation (also called Sinopec Group).
Number 3 is also an oil company owned by the Chinese government. In fact, you might even confuse it with the previous oil company since the names are quite similar.
Paper bills are made up of 75% cotton and 25% linen along with blue and red security fibers that are embedded throughout the bills.
A normal sheet of paper can withstand about 400 folds but a dollar bill can withstand about 8,000 folds before breaking.
Crane & Co. own the patent to the special blend of paper and have been the sole supplier to the U.S. since 1879.
Andrew Jackson was opposed to paper money and believed that gold and silver coins should be the legal tender. Funny enough he is on the $20 bill.
There’s about $1.54 trillion of currency in circulation and about $1.49 trillion of that is made up of the Federal Reserve notes used every day.
The United States Bureau of Engraving and Printing, or “Money Factory,” produces about 38 million new notes every day – that’s $541 million.
The “Money Factory” has two active facilities, one in Washington, D.C. and the other in Fort Worth, Texas. In a day they use 9.7 tons of ink.
In 2017, 7.1 billion new notes were ordered. 70% of the new notes will be used to replace damaged notes.
Once damaged bills are taken out of circulation they are shredded and sold to companies who recycle them into building materials.