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The Biggest Public Company in Every U.S. State

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The Biggest Public Company in Every U.S. State

The Biggest Public Company in Every U.S. State

The range in magnitude between public companies is always humbling. Investors trade billions of dollars in the shares of behemoths like Apple and General Electric in a day. Meanwhile, the majority of companies couldn’t be valued at a billion dollars even in the wildest dreams of their management teams.

When looking at the largest public company in each state, one would think that it would be a collection of roughly 50 behemoths. Surprisingly, this is not the case at all.

Our friends at Blender Media pulled up the market capitalization of the largest pubcos in each state, and they are now beautifully arranged in today’s infographic. The data for all of the companies is below, and it is somewhat staggering.

Yes, Apple is huge as it tries to continue its journey to $1 trillion in value. There are some other big companies as well: Microsoft, Berkshire Hathaway, and ExxonMobil are all worth over $300 billion. However, the list also really starts to drop off halfway through.

Regions Financial Corp. is the biggest pubco in Alabama ($14 billion), Extra Space Storage is crushing it in Utah ($9.7 billion), IDEXX Laboratories is big in Maine ($7.4 billion), but then things get even more obscure.

Alaska’s largest public company, General Communication, trades at a market capitalization of only $700 million. Meanwhile, Wyoming’s biggest company is technically a smallcap: Cloud Peak Energy is worth only $166 million in value.

StateCompany NameMarket Cap (Billions)Stock Symbol
CaliforniaApple Inc.668.7AAPL
WashingtonMicrosoft Corporation378.62MSFT
NebraskaBerkshire Hathaway Inc.349.11BRK-A
TexasExxon Mobil Corporation323.84XOM
New JerseyJohnson & Johnson275.08JNJ
ConnecticutGeneral Electric263.1GE
New YorkJPMorgan Chase & Co.251.77JPM
ArkansasWalmart224.28WMT
OhioProcter & Gamble Company203.74PG
North CarolinaBank of America Corporation184.76BAC
GeorgiaCoca-Cola Company180.02KO
PennsylvaniaComcast Corporation150.02CMCSK
Rhode IslandCVS Health Corporation121.12CVS
MinnesotaUnitedHealth Group Inc.119.77UNH
IllinoisAbbVie Inc.113.97ABBV
VirginiaAltria Group108.54MO
DelawareWalgreens Boots Alliance, Inc.100.45WBA
OregonNike, Inc.98.04NIKE
IndianaEli Lilly and Company88.28LLY
MassachusettsBiogen Inc.73.29BIIB
MarylandLockheed Martin Corporation66.13LMT
District of ColumbiaDanaher Corporation62.65DHR
MissouriExpress Scripts Holding Company61.13ESRX
MichiganFord Motor Company59.69F
FloridaNextEra Energy, Inc.49.41NEE
TennesseeFedEx Corporation46.96FDX
NevadaLas Vegas Sands Corp.41.31LVS
OklahomaWilliams Companies, Inc.40.34WMB
KentuckyYum! Brands, Inc.36.24YUM
WisconsinJohnson Controls, Inc.29.68JCI
ColoradoChipotle Mexican Grill Inc.23.28CMG
ArizonaSouthern Copper Corporation21.5SCCO
KansasSprint Corporation18.61S
IdahoMicron Technology, Inc.17.68MU
IowaPrincipal Financial Group Inc.16.97PFG
LouisianaCenturyLink, Inc.15.88CTL
AlabamaRegions Financial Corporation13.95RF
UtahExtra Space Storage Inc.9.65EXR
South CarolinaScana Corporation8.14SCG
VermontKeurig Green Mountain, Inc.7.79GMCR
MaineIDEXX Laboratories, Inc.7.35IDXX
New HampshireWhite Mountains Insurance Group, Ltd.4.35WTM
North DakotaMDU Resources Group, Inc.3.63MDU
HawaiiHawaiian Electric Industries Inc.3.29HE
West VirginiaUnited Bankshares, Inc.2.76USBI
South DakotaNorthWestern Corporation2.62NW E
MississippiCal-Maine Foods, Inc.2.52CALM
New MexicoPNM Resources, Inc.2.2PNM
MontanaGlacier Bancorp, Inc.2.12CBCI
AlaskaGeneral Communication, Inc.0.697GNCMA
WyomingCloud Peak Energy Inc.0.166CLD

Original graphic by: Blender Media

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Politics

Mapped: The World’s Top Countries for Military Spending

Global military spending is now at a 32-year high. We show countries’ military spending by dollars and as a portion of GDP.

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Mapped: The World’s Top Countries for Military Spending

By practically any measure, the world today is more peaceful and less war-torn on a global scale, relative to the past.

For instance, declarations of war between nations and soldier casualties have both dropped drastically since the 20th century. Yet, military spending has not followed this trend.

The Top 10 Military Spenders

According to SIPRI, global military spend reached almost $2 trillion in 2020. The top 10 countries represent roughly 75% of this figure, and have increased their spending by $51 billion since the year prior.

Here’s how the worlds top 10 military spenders compare to each other:

RankCountryMilitary Spend 2020 ($B)% ChangeMilitary Spend 2019 ($B)
#1🇺🇸 United States $778.0+6.2%$732.0
#2🇨🇳 China$252.0-3.4%$261.0
#3🇮🇳 India$72.9+2.5%$71.1
#4🇷🇺 Russia$61.7-5.2%$65.1
#5🇬🇧 United Kingdom$59.2+21.5%$48.7
#6🇸🇦 Saudi Arabia$57.5-7.1%$61.9
#7🇩🇪 Germany$52.8+7.1%$61.9
#8🇫🇷 France$52.7+5.1%$50.1
#9🇯🇵 Japan$49.1+3.1%$47.6
#10🇰🇷 South Korea$45.7+4.1%$43.9
Total$1,481.6+3.5%$1,430.7

The U.S. isn’t labeled as a global superpower for nothing. The country is by far the largest military spender, and its $778 billion budget trumps the remainder of the list’s collective $703.6 billion. On its own, the U.S. represents just under 40% of global military spending.

This year, Saudi Arabia has lost out on a top five seat to the UK, after a 7.1% decline in spending compared to a 21.5% increase for the UK.

Military Spend as a Percentage of GDP

Military expenditures as a percentage of GDP can be used to compare military spending relative to the size of a country’s economy.

Military Spend as a Share of GDP

Click here to view a high-resolution version of this image.

When looking at things this way, many of the top spenders above do not appear. This may be an indication of their economic prowess or a demonstration that the money might be used for other vital areas such as education, healthcare, or infrastructure.

RankCountryRegionSpend as a % of GDP (2020)
#1🇴🇲 OmanMiddle East11.0%
#2🇸🇦 Saudi ArabiaMiddle East8.4%
#3🇩🇿 AlgeriaNorth Africa6.7%
#4🇰🇼 KuwaitMiddle East6.5%
#5🇮🇱 IsraelMiddle East5.6%
#6🇷🇺 RussiaEurope/Asia4.3%
#7🇲🇦 MoroccoNorth Africa4.3%
#8🇮🇶 IraqMiddle East4.1%
#9🇺🇦 UkraineEurope4.1%
#10🇵🇰 PakistanSouth Asia4.0%

It’s pretty rare for countries to reach double digits for military spending as a percentage of GDP. In this case, Oman is an outlier, as the Middle Eastern country’s spending relative to GDP grew from 8.8% last year, to 11% in 2020.

Many of the countries with the highest military spending to GDP are located in the Middle East—a reflection of the escalating conflicts that have persisted in the region for well over two decades.

It’s worth noting that some data for the Middle Eastern region are estimates, due to the aforementioned regional instability.

More Spending to Come?

Global military spending figures are at a 32-year high, despite the pandemic’s effect on shrinking economic output.

World Military Spend 1988-2020

Although a major war hasn’t occurred in some time, it’s not to say the geopolitical mood hasn’t been tense.

The last 12 months or so have witnessed some nail-biting moments including:

  • Border disputes between China and India
  • Heightening tensions between China and Taiwan
  • Russia’s military presence in eastern Ukraine
  • The hacking of SolarWinds, a Texas-based company, by Russia
  • The ongoing Yemen crisis
  • An Israel-Iran feud

Will 2021 extend the trend of peace, or will rising military spending mean even higher tensions?

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Technology

The World’s Top 50 Influencers Across Social Media Platforms

Which influencers have the most total social media followers? We tally up follower counts across all major platforms, from Twitter to TikTok.

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Most-followed social media influencers across Twitter, Instagram, Facebook, YouTube, TikTok, Twitch

Visualizing the World’s Top 50 Influencers

In the modern digital world, social media reach is power.

The people with the most followers on Twitter, for example, have a massive platform to spread their messages, while those with large, engaged followings on Instagram are an advertiser’s dream sponsor partner.

Social media can also be an equalizer of power. It’s true that many celebrities boast large followings across platforms, but social media has also enabled previously unknown personalities to turn YouTube or TikTok fame into veritable star power and influence.

Who has the biggest reach across the entire social media universe? Instead of looking at who has the most followers on Instagram, Twitter, or other networks, we ranked the most-followed personalities across all major platforms combined.

Who Has the Most Overall Followers on Social Media?

We parsed through hundreds of the most-followed accounts on multiple platforms to narrow down the top influencers across social media as of April 2021.

Sources include trackers of the most followers on Twitter, Instagram, Facebook, YouTube, Twitch, and TikTok, verified directly on site and with social media tracker Socialblade.

The results? A top 50 list of social media influencers consisting of athletes, musicians, politicians, and other personalities.

RankNameCategoryTotal FollowersBiggest Platform
#1Cristiano RonaldoSports517MInstagram
#2Justin BieberMusic455MInstagram
#3Ariana GrandeMusic429MInstagram
#4Selena GomezMusic425MInstagram
#5Taylor SwiftMusic361MInstagram
#6Dwayne JohnsonFilm & TV342MInstagram
#7Katy PerryMusic338MInstagram
#8Kylie JennerOther333MInstagram
#9RihannaMusic332MTwitter
#10Kim KardashianOther319MInstagram
#11Lionel MessiSports298MInstagram
#12NeymarSports283MInstagram
#13ShakiraMusic282MFacebook
#14Jennifer LopezMusic277MInstagram
#15BeyoncéMusic267MInstagram
#16Ellen DeGeneresFilm & TV260MInstagram
#17Miley CyrusMusic235MInstagram
#18Nicki MinajMusic232MInstagram
#19Barack ObamaPolitics221MTwitter
#20Will SmithFilm & TV217MFacebook
#21Kendall JennerOther212MInstagram
#22Demi LovatoMusic211MInstagram
#23Lady GagaMusic210MTwitter
#24Kevin HartFilm & TV201MInstagram
#25Virat KohliSports195MInstagram
#26EminemMusic194MFacebook
#27DrakeMusic192MInstagram
#28Khloé KardashianOther191MInstagram
#29Bruno MarsMusic191MFacebook
#30Chris BrownMusic187MInstagram
#31Vin DieselFilm & TV177MFacebook
#32Narendra ModiPolitics175MTwitter
#33Justin TimberlakeMusic175MTwitter
#34Billie EilishMusic171MInstagram
#35Charli D'AmelioOther169MTikTok
#36Kourtney KardashianOther165MInstagram
#37Cardi BMusic160MInstagram
#38LeBron JamesSports157MInstagram
#39AdeleMusic156MFacebook
#40Priyanka ChopraFilm & TV144MInstagram
#41Germán GarmendiaGaming143MYoutube
#42Wiz KhalifaMusic142MFacebook
#43Felix "PewDiePie" KjellbergGaming141MYoutube
#44Akshay KumarFilm & TV140MInstagram
#45Snoop DoggMusic138MInstagram
#46Deepika PadukoneFilm & TV138MInstagram
#47Britney SpearsMusic137MTwitter
#48Shawn MendesMusic136MInstagram
#49Whindersson Nunes BatistaOther135MInstagram
#50Salman KhanFilm & TV134MFacebook

Unsurprisingly, celebrities reign supreme on social media. As of April 2021, soccer superstar Cristiano Ronaldo was the most-followed person on social media with more than 500 million total followers.

But there are other illuminating highlights, such as the global reach of music. With large and diverse fanbases, artists account for half of the top 50 largest social media followings.

Also notable is the power of Instagram, which was the biggest platform for 67% of the top 50 social media influencers. This includes hard-to-categorize celebrities like the Kardashians and Jenners, which turned reality TV and social media fame into business and media empires.

Download the Generational Power Report (.pdf)

The Generational Power Index

The Most Followers on Twitter, TikTok, and YouTube

However, it’s not only celebrities that dominate social media.

Personalities that started on one social media platform and developed massive followings include TikTok’s most-followed star Charli D’Amelio and YouTubers Germán Garmendia, Felix “PewDiePie” Kjellberg, and Whindersson Nunes Batista.

Politicians were also prominent influencers. Former U.S. President Barack Obama has the most followers on Twitter, and India’s Prime Minister Narendra Modi has more than 175 million followers across social media.

Former U.S. President Donald Trump would have also made the list with more than 140 million followers across social media before being banned from multiple platforms on January 8, 2021.

A Generational Look at Social Media Influence

While older generations have had to adapt to social media platforms, younger generations have grown up alongside them. As a measure of cultural importance, this gives Gen X, Millennials, and Gen Z a rare leg-up on older generations.

Millennials, in particular, hold the lion’s share of spots in this top 50 list:

Generation# of Influencers in GenerationTop Influencer in Generation
Gen Z4Kylie Jenner
Millennial33Cristiano Ronaldo
Gen X10Dwayne (The Rock) Johnson
Baby Boomer3Ellen DeGeneres

The average age of the top 50 influencers was just over 37.

In our Generational Power Index (GPI), which measures the share of power generations hold in various categories, digital platforms were a key area where Millennials derived their power and influence. Overall, Baby Boomers—and to a lesser extent, Gen X—still run the show in most areas of society today.

Social Media Influence, Going Forward

As most fans and advertisers know, not all social media accounts and followings are homogenous.

Many influencers with relatively small followings have more consistent engagement, and are often able to demand high advertising fees as a result.

Conversely, most social media platforms are reckoning with a severe glut of fake accounts or bots that inflate follower counts, impacting everything from celebrities and politicians to personalities and businesses.

Regardless, social media has become a mainstay platform (or soapbox) for today’s cultural influencers. Billions of people turn to social media for news, engagement, recommendations, and entertainment, and new platforms are always on the rise.

Editor’s Note: An earlier version of the data used for this story incorrectly counted Facebook likes instead of followers for some personalities. The content has since been corrected and updated.”

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