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Then there's Samsung, I think they're the largest conglomerate in the world.

My mom would affiliate Samsung with TVs. I'd probably put them with computer monitors and phones.

They also build skyscrapers and power plants (Samsung C&T Corporation), and ships (Samsung Heavy Industries). They also sell Life Insurance in South Korea.

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In Hong Kong, Asia's richest billionaire, Mr Li Ka-Shing of Cheung Kong Holdings, owns nearly everything. Anything you do or touch in a day makes Mr Li even richer. His wealth is opaque so he is probably right up there with Bill Gates and Carlos Slim for the #1 spot.

Bloomberg puts him at $28.8B. Not necessarily opaque.

And he recently admitted that only half of his wealth are in stocks. Which actually puts him near the top spot.

Yamaha: musical instruments, motorcycles, outboard motorboat engines…

Westinghouse: TVs and nuclear reactors.

(Really, that's two separate companies which license the brand from http://en.wikipedia.org/wiki/Westinghouse_Licensing_Corporat...)

I am not from India, so someone can confirm or deny this, but I hear one can pass a whole day on India just consuming Tata products: from your car, to your food, to your clothes, etc.

Close. As in it's possible, but they don't have dominant market share in many of the industries they have a presence in. Another conglomerate - Reliance - is also in that conversation.

By market cap, I think it's GE. Depends on how you define conglomerate, but they're pretty diverse - financial services, plastics, aircraft engines, consumer goods...

This is correct. GE has been considered a conglomerate for nearly a century now. GE sports a $276 billion market cap, Samsung is at $194 billion.

I'll say however, that Samsung appears vastly undervalued. GE is trading at about 20 times earnings, Samsung is trading at 20 times just its last quarter alone (and around 5 or 6 times trailing four quarters).

Also worth noting, that despite being more profitable than Apple, Samsung trades at a 60% discount to AAPL.

Indeed. Their revenues account for 22% of South Korea's GDP.

Don't forget Mitsubishi.

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