The Companies With The Largest Swiss Bank Accounts
by SavvyRoo on Oct 17, 2015 | Views: 135 | Score: 0
Amount of money held offshore (in USD) | |
---|---|
Apple | 181100000000 |
General Electric | 119000000000 |
Microsoft | 108300000000 |
Pfizer | 74000000000 |
International Business Machines | 61400000000 |
Merck | 60000000000 |
Johnson & Johnson | 53400000000 |
Cisco Systems | 52700000000 |
Exxon Mobil | 51000000000 |
47400000000 |
$
Sources:
ctj.org
While using offshore "Swiss" bank accounts to hold money as a shelter against tactics is practically a cliché symbol of corporate greed, it doesn't prevent companies from doing it. Incredibly, the 286 Fortune 500 companies that report offshore profits collectively hold 2.1 trillion dollars offshore. Of them all, Apple is the worst offender with over 180 billion dollars in offshore accounts.