General Electric Net Worth (Updated 2025).
General Electric, a name synonymous with innovation and industry, traces its roots back to 1878 when Thomas Edison established the Edison Electric Light Company. This was the humble beginning of what would become a global powerhouse. Edison, a prolific inventor, had already made a name for himself with his successful development of the practical electric light bulb. His company was focused on generating and distributing electricity, a novel concept at the time.
In 1892, the company merged with Charles Coffin’s Thomson-Houston Electric Company, marking a significant turning point. The newly formed General Electric, as it was now known, brought together the best minds in the industry, including those of Edison and Coffin. This merger allowed the company to expand its reach and offerings, eventually becoming a major player in the burgeoning electrical industry.
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General Electric’s Current Net Worth (2025)
As of 2025, General Electric’s market capitalization is approximately $120 billion, according to the latest available information.
Career
General Electric, founded by Thomas Edison in 1892, has evolved from a single lightbulb manufacturer to a multinational conglomerate. It operates in various sectors, including aviation, healthcare, power, and renewable energy. Throughout its history, GE has been led by prominent CEOs, with the current role held by H. Lawrence Culp Jr. since 2018.
Other Ventures
GE has expanded its reach through strategic acquisitions and partnerships. Notable ventures include the acquisition of Alstom’s power and grid businesses in 2015, and a joint venture with Baker Hughes for oil and gas services, known as Baker Hughes, a GE company (BHGE).
Assets
As of 2021, General Electric’s total assets were valued at around $370 billion. This includes significant investments in aviation, with GE Aviation being one of the world’s leading aircraft engine manufacturers. Additionally, GE Healthcare’s portfolio comprises medical imaging, monitoring, and diagnostics equipment.
Annual Income
In 2021, General Electric reported total revenues of $78.2 billion. This figure represents a steady increase from the previous year, reflecting the company’s diverse business portfolio and global presence. GE’s annual income has seen fluctuations over the years, influenced by market conditions and strategic changes within the organization.
Frequently Asked Questions about General Electric
**Frequently Asked Questions: General Electric Net Worth**
1. What is General Electric’s net worth?
General Electric’s net worth is estimated to be around $120 billion.
2. How does General Electric make money?
General Electric operates in several industries, including aviation, healthcare, power, and renewable energy. They make money through the sale of products and services in these sectors.
3. Who is the CEO of General Electric?
H. Lawrence Culp Jr. is the current CEO of General Electric.
4. When was General Electric founded?
General Electric was founded on April 15, 1892.
5. Where is General Electric’s headquarters located?
General Electric’s headquarters is located in Boston, Massachusetts, USA.
6. How many employees does General Electric have?
As of 2021, General Electric has around 177,000 employees globally.
7. What are some of General Electric’s notable products?
Some of General Electric’s notable products include jet engines, MRI machines, power generation equipment, and wind turbines.
8. What is General Electric’s stock symbol?
General Electric’s stock symbol is ‘GE’ on the New York Stock Exchange.
9. How does General Electric contribute to sustainability?
General Electric is committed to sustainability and has set goals to reduce its environmental impact. They offer products and services that help customers reduce their own carbon footprint.
10. What are some of General Electric’s major acquisitions?
Some of General Electric’s major acquisitions include Alstom (2015), LM Wind Power (2017), and ServiceMax (2016).