Known for its best-selling brand Marlboro, Philip Morris International is an American global cigarette and Tobacco Company which sells products in over 200 countries.
Marlboro is the international best-selling brand & it has 6 brands among the top 15 brands & in 2014 it held 15.6% of international market outside US. Philip Morris International became an individual company as a spin-off from Altria group in 2008.
Revenues from U.S operation are not part of Philip Morris International as its brands there are owned by Altria group of which it previously was a part of. The reason for spin off is stated as Altria wanted Philip Morris International to focus on emerging markets like India and China where it has huge potential for growth. Altria group was known as Philip Morris companies till 2003. Interestingly since 1988 it owned Kraft foods which were previously associated with Mondelez International ranked 8 in our list, whose stake it sold in 2007. History of Philip Morris can be traced back to a small shop owned by Philip Morris. Since then it expanded in European and American Markets through series of mergers and acquisition and establishing manufacturing facilities across the world. Currently it is headquartered in New York City. The company has around In 2014 it recorded revenue of around $23 billion and profit of around $3.3 billion.