The youngest SMI company is 29 years old. Five of the 20 most valuable US companies are younger.
SMI: An index of traditional companies 14 of the 20 SMI companies were founded before 1914: Nestlé (1866), Swiss Re (1863), UBS (1862), Zurich Insurance (1872), Roche (1896), Kühne+Nagel (1890), ABB (1883), Lindt & Sprüngli (1845), and others. The four younger companies — Novartis (1996, merger of two companies from the 19th century), Richemont (1988), Alcon (1945), and Partners Group (1996) — originated as mergers, spin-offs, or holding companies of existing structures. S&P 500 Top 20: Ag…
SMI: An index of traditional companies 14 of the 20 SMI companies were founded before 1914: Nestlé (1866), Swiss Re (1863), UBS (1862), Zurich Insurance (1872), Roche (1896), Kühne+Nagel (1890), ABB (1883), Lindt & Sprüngli (1845), and others. The four younger companies — Novartis (1996, merger of two companies from the 19th century), Richemont (1988), Alcon (1945), and Partners Group (1996) — originated as mergers, spin-offs, or holding companies of existing structures. S&P 500 Top 20: Ag…