This Company Is Putting FAANG To Shame

Everyone knows that Saudi Arabia is rich, but do you know just how much money their flagship company Saudi Aramco actually makes? Well, in the most recent 12-month period, Saudi Aramco boasted earnings of $279 billion. For perspective, that’s over twice Apple’s annual profit and nearly as much as Apple, Google, and Microsoft’s profits combined. Seeing this, it’s no wonder why the country is building multi-billion dollar vanity projects and airports. But, it wasn’t always so pleasant in Saudi Arabia. In fact, Saudi Arabia wasn’t even a county just 100 years ago. Before that, Saudi Arabia was ruled by a bunch of opposing tribes who were caught in a century-long power struggle. The tribe that was in control during the creation of Saudi Arabia and the search for oil was the house of Saud. Thus, they were the ones that profited off the discovery of the oil ocean underneath Saudi Arabia. This video tells the story of Saudi Arabia and how Saudi Aramco became the world’s most profitable company by far. D