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The tobacco industry is the ultimate paradoxdeclining customers but soaring profits. Philip Morris International (PM) leads with a $255.49 billion market cap, fueled by a 7.1% revenue boost in Q2 2025, thanks Why One of the World's Largest Tobacco Companies Is Struggling WSJ Tobacco Heir Putera Sampoerna Exits Palm Oil, Eyes New Frontiers Big Tobacco: Reynolds Agrees To $49 Billion Takeover By British American Tobacco In 1994, the chief executives of the largest U.S. tobacco companies testified before Congress and stated under oath that nicotine was not addictive. The moment became one of the most controversial hearings The World's Most Valuable Tobacco Brands
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