Like almost everyone else on here, I think I read too deep into your question at first. If you are asking which business (as in, the name of a company) is the single most profitable company in the world, I believe the answer would either be Berkshire Hathaway (Company run by Warrent Buffett) or Microsoft (Company run by Bill Gates -- Obviously)
However, the initial thought that went through my head was that you were essentially asking "What is the most profitable type of business in the world for you to look into." However, there are several varied answers to that type of question.
For one, if you want a legitimate business then the most profitable business would obviously be securities investments (stocks and bonds). You can potentially double your money or more in a fairly short period of time with the right strategies, timing and know-how. However, along with making more money, you can also lose a whole lot of money if you don't "play your cards right".
If you want illegal business, money laundering would be your most profitable. Based on the fact that you actually put up no money and people pay you for their own money, you would always have an unlimited margin percentage of profit. The (I hope) obvious down side is the whole "prison" thing that you risk, which could seriously put a damper in your future expansion capabilities. Unless of course you're planning on going into politics afterwards, then you would just buy a jury and use the excuse that you were "finding investors". But keep in mind that the last paragraph was more for humurous input rather than a serious suggestion.
Also remember that you can calculate profit in terms of the "time-value" of money...In other words, how much profit can you make and still have a social, family or fun life? That can also change someone's opinion about their "level" of profit. Believe me when I tell you, there are some things money can't buy and that never rings more true than when some of my very successful clients tell me that they would trade all the money they have ever made to have had the chance to spend more time with their wife or children. So to them, the bottom line wasn't always where they saw the benefit of their profits. Rather, they saw (sometimes too late) the profits of their success being measured by how they raised their kids (both good and bad).
Ed
2006-08-31 10:53:57
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answer #1
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answered by Evolver_dad 2
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In 2006, the top 5 most profitable companies are:
1 Exxon Mobil
2 Citigroup
3 Bank of America Corp
4 General Electric
5 Chevron
2006-08-31 03:43:03
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answer #2
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answered by Robin A. 3
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Probably something illegal.
The most profitable public company in the US during the 20th century was US Tobacco (UST). When the Tobacco Trust was busted up in the early 1900s, several cigarette companies were created -- so there was competition. But UST got almost all of the smokeless tobacco and was able to maintain a monopoly on the product until just a few years ago.
When inflation was high, they raised their prices like everyone else. When inflation was low, they raised their prices like when their was high inflation. Demand never went down when prices were raised. Having a monopoly and an addictive product is very good for business. Their margins were over 85%
They are now facing some competition from low-priced brands.
Their finances are very interesting & look like what I imagine the cocaine cartel's books must look like if only we could see them.
2006-08-31 05:42:44
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answer #3
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answered by Ranto 7
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Number one billionaire in the world is belong to Bill Gates.. So the most profitable business is if you create passive income like bill gate did. He create shares for their company and he create products for future use... Number two billionaire is belong to Mr Warren Buffett. He is legend investor who belief in buy and hold. I think bill gates himself aske this man to invest... So the most profitable business in the world is if you can create a future product, create passive income, create shares and become an educated investor..
Thank
From Jibam.com - Create Passive Income Free Info
2006-08-31 04:49:15
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answer #4
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answered by Anonymous
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Hi, i know what your question means. i also think stock market is a nice place for investing.
I found some useful tips in stock trading. It includes stock basics, how to protect your profit, find a potential increase share, control and manage stock risk, when to sell/buy stock and so on.
http://www.bernanke.cn/stock-trade/
Best Wishes && Good Luck!
2006-08-31 19:04:30
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answer #5
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answered by stock_trade_expert 3
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pimping...you keep your hoes on the street so there's virtually no overhead costs, they find their own ways to get something warm in their belly...they get the money from the johns and give you half...no health insurance or vacation benifits to cover...all you're really out is a condom for "sampling" the wares or a band-aid if you bitchslap a ho too hard and cut your knuckle on her gaudy jewelry...you'll have to set up a comfy place to hang and keep an eye on your corral, but in your down time, i guess you could sling dope (also profitable from what I hear)
2006-08-31 03:14:07
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answer #6
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answered by green-eyed monster 2
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Televangelism
2006-08-31 02:58:21
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answer #7
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answered by Anonymous
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software, if you are a leader, can be quite profitable, operating margins of 40 percent or more, net margins above 25 percent.
2006-08-31 04:34:18
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answer #8
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answered by AntoineBachmann 5
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Oil
2006-08-31 03:17:23
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answer #9
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answered by raywithcomputrols 2
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Owning oil companies or Microsoft!
2006-08-31 03:00:20
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answer #10
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answered by Anonymous
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