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The world's top 20 most valuable brands

Valuation specialist Brand Finance has publish its survey on the world's 500 most. We highlight the top 20.  

20. HSBC - $26,870 million (£16,123 million)

20. HSBC - $26,870 million (£16,123 million)

19. Volkswagen - $27,062 million

18. Shell - $28,575 million

17. BMW - $28,962 million

16. Vodafone - $29,612 million

15. Wells Fargo - $30,242 million

14. Telekom - $30,607 million

13. China Mobile - $31,845 million

12. Coca-Cola - $33,722 million

11. Toyota - $34,903 million

10. IBM - $41,513 million

9. Walmart - $44,779 million

8. Amazon.com - $45,147 million

7. AT&T - $45,410 million

6. GE - $52,533 million

5. Verizon - $53,466 million

4. Microsoft - $62,783 million

3. Google - $68,620 million

2. Samsung Group - $78,752 million

1. Apple - $104,680 million

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