30+ Formerly American Companies

Published on 04/23/2024
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The Waldorf Astoria Hotel

Original Headquarters: New York, NY
Purchased By: 
Anbang Insurance Group
Country: 
China

If you’re visiting New York, staying at the Waldorf-Astoria offers a true taste of luxury. It’s not merely an institution, but also a piece of American history. While Hilton Worldwide manages the company, Anbang Insurance Group of China purchased it in 2014 for $1.95 billion. The excessive price makes it the most expensive hotel ever sold. Anbang made significant renovations to the Astoria, including converting some of the rooms into condominiums. Over the years, this Chinese company has considered purchasing a number of American-owned enterprises, including Starwood Resorts.

The Waldorf Astoria Hotel

The Waldorf Astoria Hotel

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Tesla

Original Headquarters: Palo Alto, CA
Purchased By: 
Tencent Holdings Ltd
Country: 
China

Elon Musk may be the brains behind Tesla and the main stakeholder at 21.7%, but he is not the only one investing in the automaker. There are many shareholders, including Tencent Holdings Ltd. Tencent is interested in a wide range of topics, including music. Tencent is the world’s largest video gaming corporation as well as one of the major social media platforms, making it a formidable force. It earned $95.8 billion in net income in 2019, indicating that whatever they’re doing is working. The company is now doing well.

Tesla

Tesla

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