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Fortune 500’s World’s Top 10 Companies in 1997 vs 2022
Economists around the world often look to the US to allude to what’s to come to the rest of the world. Just as America’s most powerful companies decades ago were heavy industrials, so were the Global 500’s powerhouses.
Twenty-five years ago, the Global 500’s top 10 companies in 1997 were Japanese and American heavy industrial corporations in energy, oil & gas, and automotive sectors, or were otherwise trading companies that shipped heavy industrial products and cars around the world.
Fast forward 25 years to 2021, only half of the Global Top 10 are industrials; the other half of the world’s largest companies are technology, healthcare and consumer retail companies.
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An overview on how the government of Dubai is taking aim at becoming a leader in everything from blockchain to artificial intelligence, cryptocurrency, digital assets and the metaverse. Here’s how Dubai plans on growing a digital economy worth over us $140 billion by 2031, and attracting more coders per capita than any other city on earth.
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