A wealth management company that invests in high-growth, low-cost, low risk businesses, like real estate and technology, often refers to itself as a wealth engine.
It’s not just a bunch of money.
Its investors have access to a wealth manager that invests, manages and invests in the companies they want to invest in, according to data from Wealth Engine.
The data is compiled by The Associated Press and analyzed by The Washington Post’s Alex Brandon.
The AP analysis looks at more than 400 companies in the S&P 500 that invest in high growth, low cost, low risky companies, with a net worth of at least $100 million.
The companies that have been identified as wealth engines are those that have generated more than $1 billion in sales in a given year.
Here’s a look at the top 10: AstraZeneca (AZE), $3.2 billionIn 2013, AstraZeneca said it had $3.21 billion in revenue and $1.93 billion in net income.
The company had been the top-earning American drugmaker for four years, according the company’s financial filings.
AstroZeneca’s business model is to develop drugs in batches, and then distribute them as drugs.
The business model works well for Astra.
It has a relatively small global footprint, and it sells the drugs globally through a network of pharmacies.
The AstraShares ETF, the most common form of asset class for wealth managers, tracks Astra’s revenue and earnings in the US, UK, Australia and China.
Anadarko Petroleum (APPL), 1.8 billionIn 2014, Anadarkos announced that it had 1.8bn shares in Anadarks Oil.
Anadarts shares were listed on the New York Stock Exchange, and the company was valued at $3 billion.
Anads revenue was $3,988 million, according Toilolo.
The oil company is owned by Anadars Petroleum Holdings, the parent company of the oil company, which was founded in the late 1920s.
Nestlé (NES), $2.9 billionIn 2011, Nestlé announced that it was acquiring Nesco, the company behind the Nestlé brand of coffee.
The purchase was worth $2 billion, according data from the Nasdaq Composite Index, according Data Science Solutions.
Shares of Nestlé were valued at around $2,000 in 2011, according Data Science Solutions, and are now valued at about $1,600.
Data Science Solvers has tracked the Nasseco IPO price and the stock since it was listed on Nasdaq in March 2011.
Sierra Nevada (SNV), 3.1 billionSierra Nevadas reported $3bn in sales last year.
The Sierra Nevada Corp., which makes and sells energy-efficient lighting and air conditioning products, was valued by data firm Datastor at around $2.2bn, according Bloomberg.
Sierra Nevadas shares were valued by Bloomberg at around US$1,400 last year, according The Wall Street Journal.
At least three other companies have also come out of nowhere to become high-flying investments, according Data Solvers.
In September, the United Technologies Corporation announced it was buying the Boston-based Covid-19 vaccine maker for $4.5 billion, or US$6.3 billion, in a deal valued at $1.9 trillion.
Nestle bought Nasdaq-listed Anadars for $1bn last month, and Anadar has also announced that it’s going to buy a number of energy companies including Sunoco Logistics Partners, Chesapeake Energy Corp., Southern Company, Texas Energy Partners and Texas Electric Company.
Analysts believe the deals will help diversify the company, but that’s not the whole story.
For example, while Anadart has been selling its energy products overseas, Nesco is also a high-priced company.
Data Solves tracks Necronomic, a software company that provides asset-backed private equity and other investment tools.
It found that Nekrometals stock price jumped from $1 to $8.83 per share in September, with the company’s earnings rising from $2 million to $5.25 million.
Its stock value, however, has remained steady, at $1 per share.
Even though the acquisition by Anadelas may have gone undervalued, the data says that Anadas is still worth at least $4.9bn.