5 Most Valuable Cigarette Companies in the World

1. Philip Morris International Inc. (NYSE: PM)

Philip Morris International Inc. (NYSE: PM) is a leading tobacco company that was founded in 1837 and is headquartered in New York. With over 150 million consumers worldwide, ownership of six of the top fifteen cigarette brands, and a market cap of a whopping $157.79 billion (NYSE: PM), Philip Morris International Inc. is number one on the list of the fifteen most valuable cigarette companies in the world.

Interestingly, the company has increased its focus on smoke-free alternatives, such as their advanced IQOS system, which works by heating tobacco instead of burning it to provide a less risky alternative. In fact, the company has called for a complete ban on tobacco products by 2030. Not only is Philip Morris International Inc. a frontrunner in the tobacco industry, but they also seem to have taken the lead in establishing a smoke-free future.

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