Since its foundation in the 19th century, the company has developed into a global corporation. Philip Morris was a tobacconist who opened a shop in 1847 in London's Bond Street. In 1854 he first produced his own cigarettes and offered them for sale. He got coachmen to drive guests who asked for cigarettes to him by giving them money. In addition, he was from 1901 tobacco dealer for King Edward VII. The heirs of Philip Morris' elected as the new headquarters New York City.

Philip Morris is the largest tobacco manufacturer in the world after China National Tobacco Co. Today, Philip Morris International employs approximately 82,000 people. The sister company Philip Morris USA, the leading American tobacco company, employs another 11,000 people. Since 2006, Louis C. Camilleri is Chairman of the Board of the company. CEO since 2013 André Calantzopoulos.

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