The barely 10-year-old Google is the world's most powerful brand, followed by General Electric and Microsoft, according to a survey conducted by Millward Brown's BrandZ index. The survey assigned values to various brands based on their financial strength and consumer sentiment.
1. Google
Google, with a brand value of $66.434 billion, is the world's most powerful brand.
The global search engine giant was started as a research project in January 1996 by Larry Page and Sergey Brin, two Ph.D students at
Page and Brin's search engine was originally called BackRub. The name 'Google' originated from 'googol,' which refers to the number represented by a 1 followed by one-hundred zeros.
Eric E. Schmidt is the CEO of Google, while co-founder Sergey Brin and Larry page are Technology President and Products President, respectively.
The company is listed on the Nasdaq stock exchange under the symbol GOOG. 'Google' is now a verb, having found its way into the dictionary. It means 'to use the Google search engine to obtain information on the Internet.'
2. GE
General Electric's brand value has been estimated at $61.880 billion, making it the world's second most powerful brand.
GE is a giant
The famous inventor Thomas Alva Edison opened a new laboratory in
GE slowly began to diversify its operations. Today its businesses span information technology, financial services, industrial technology, aviation, healthcare, oil and gas, films and entertainment, theme parks, locomotives, insurance, etc. In
Jeffrey Immelt is GE's chairman & CEO; while Keith Sherin is the CFO, and Robert Wright is GE vice chairman.
3. Microsoft
Microsoft Corporation is the world's largest software company, with global annual revenue of over $44.28 billion. With a brand value of $54.951 billion, it also is the planet's third most powerful brand.
Bill Gates, the world's richest man, is the executive chairman of the software giant which he co-founded along with Paul Allen in 1975. On
On
On
Gates is equally admired for his insight and criticised for his business tactics.
Steve Ballmer is the company's CEO, while Ray Ozzie is chief software architect. Microsoft employs 76,000 people across 102 countries.
4. Coca-Cola
Coca-Cola's brand value has been estimated at $44.134 billion, making it the world's foruth most powerful brand.
Coca-Cola, a carbonated soft drink, was intended as a patent medicine when it was invented in 1885 by Dr. John Stith Pemberton in
Pemberton's partner and bookkeeper, Frank M Robinson, suggested the name and penned the now famous trademark 'Coca-Cola' in his unique script. Coca-Cola was bought over by businessman Asa Griggs Candler in 1887 and incorporated it as the Coca Cola Company in 1892. Griggs made the brand a force to reckon with through his marketing strategies. Coca-Cola was sold in bottles for the first time on
In 1919, a group of investors headed by Ernest Woodruff and W C Bradley purchased The Coca-Cola Company for $25 million. Coca-Cola is also the world's best known brand.
E Neville Isdell is the company's chairman and chief executive officer.
5.
China Mobile is the world's 5th most powerful brand with a value of $41.214 billion.
China Mobile Communications Corporation, also known as China Mobile or CMCC, is
It is the world's largest mobile phone operator ranked by number of subscribers, with over 296 million customers. By turnover it is second to Vodafone, which owns 3.3% of the China Mobile. A state-owned enterprise, it was spun off from former monopoly China Telecom in 2000, and now has a 65% share of the highly competitive Chinese mobile market.
China Mobile is the largest company registered in
Wang Jianzhou is the telecom major's chairman and CEO.
6. Marlboro
Marlboro's brand value has been estimated at $39.166 billion, making it the 6th most powerful brand.
Marlboro, made by Altria, is the world's best selling cigarette brand. It is famous for its billboard advertisements and magazine ads of the Marlboro Man.
Philip Morris, a London-based cigarette manufacturer, created a
Marlboro then suddenly faltered badly in the market till the 1950s, when it made a rollicking comeback following the introduction of a new cowboy image for the brand. Sales skyrocketed by 5,000%. Marlboro with a filtered tip was launched in 1955.
The brand is named after
Altria CEO & chairman is Louis Camilleri.
The world's 7th most powerful brand, Wal-Mart, is estimated to be worth $36.880 billion.
Wal-Mart Stores is an American public corporation and the world's largest retailer. It is the largest private employer, the largest grocery retailer, and the largest toy seller in the
It was founded by Sam Walton, who opened his first Wal-Mart discount store in
Sam Walton died on
His widow Helen R Walton, daughter Alice L Walton, and sons Jim C Walton, John T Walton and S Robson Walton, each with a personal wealth of $20.5 billion, have all been ranked among the richest Americans by Forbes.
H Lee Scott is Wal-Mart CEO, while S Robson Walton, is the retail giant's chairman
8. Citi
Citi is the world's 8th most powerful brand with an estimated value of $33.706 billion.
Citigroup Inc was formed following the $140 billion merger of Citicorp and Travelers Group on
Travelers was founded in 1864 in
It was bought by Primerica in 1993, but the resulting company retained the Travelers name. In 1995, it became The Travelers Group. It bought
Citicorp was the descendant of First National City Bank, founded in
Charles Prince is the company's chairman & CEO.
International Business Machines Corporation, also called IBM or 'Big Blue', is a multinational computer technology corporation headquartered in
Till 2006 it was the world's largest computer company, but has now ceded the top spot to Hewlett-Packard. With over 350,000 employees worldwide, IBM is the largest information technology employer in the world.
The company which became IBM was founded in 1888 as Herman Hollerith and the Tabulating Machine Company. It was incorporated as Computing Tabulating Recording Corporation (CTR) on
Samuel J Palmisano is IBM chairman & CEO.
Toyota Motor Corporation is a Japanese multinational corporation and the world's largest auto company that manufactures automobiles, trucks, buses, and robots. The headquarters