Podknife - 61: The World's First $2 Trillion Company by The Readback

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61: The World's First $2 Trillion Company

Podcast |: The Readback
Publisher |: Barron's
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Business News,; Investing,; News
Publication Date |: Dec 18, 2019
Episode Duration |: 00:16:51

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. Learn more about your ad choices. Visit megaphone.fm/adchoices

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