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61: The World's First $2 Trillion Company

61: The World's First $2 Trillion Company

FromThe Readback


61: The World's First $2 Trillion Company

FromThe Readback

ratings:
Length:
16 minutes
Released:
Dec 18, 2019
Format:
Podcast episode

Description

For almost 90 years, the enormous oil company Saudi Aramco has been in the hands of the Saudi Royal family. And last week, the kingdom put a small stake up for sale in the public market, in the biggest IPO ever. The shares rose in their first few days of trading and the company is now valued at about $2 trillion. In this episode, Avi Salzman joins guest-host Ben Walsh to discuss whether the oil company is really that valuable. Produced by Mette Lützhøft.
Released:
Dec 18, 2019
Format:
Podcast episode

Titles in the series (97)

In 15 minutes, we take you inside a Barron's story, exposing the forces that shape investing today - and how it impacts your portfolio.