General Electric Net Worth

How much is General Electric Worth?

in Richest BusinessmenCompanies
General Electric net worth:
$147.3 Billion

What is General Electric's net worth?  General Electric's net worth is $147.300 billion.  Like many major corporations, General Electric Company, also known GE, was formed from the merger of two smaller companies.  In this case, the two companies were Thomas Edison's Edison General Electric, and the Thomas-Houston Electric Company run by Charles Coffin.  Edison General Electric had the business contacts and the reputation, and Thomas-Houston had a huge number of patents.  The two companies combined in 1892, and opened their headquarters in Schenectady, New York.  GE began as a public company, and was one of the first publicly traded companies when the DOW Jones began operation in 1896.  The company has led innovation in turbosuperchargers for aircraft use and energy generation from large wind turbines.  In the late 50s, GE also began developing its own line of computing systems and software, but ended up abandoning research and development in the late 1960s.  The company has since expanded into telecommunications and entertainment, and currently owns more than half of NBCUniversal.  GE has a number of divisions, including GE Energy, GE Technology Infrastructure, and GE Capital.  The company has come under fire for both environmental safety violations and apparent tax evasion.  GE designed and built the nuclear reactors that fell apart in Japan after the 2011 earthquake and tsunami, and they have been accused of handling their toxic waste inappropriately.  The company has been implementing various environmentally conscious initiatives since 2005 in an effort to improve its image.  The company currently employs just over 300,000 people.

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General Electric Net Worth

General Electric

Nicknames
GE, General Electric Company
All net worths are calculated by applying a proprietary algorithm. The results are then fact checked and confirmed by a team of editors. We scan all publicly available data and resources and work diligently to ensure that our numbers are the most accurate and up to date net worth data you will find anywhere on the internet.
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