Top 10 Richest Companies in the World | zeetastic.com
Top Ten Companies in the World | Top 10 Richest Companies in the World | zeetastic.com
| Rank | Name | Industry | Revenue | Profit | Employees | Country[note 1] | |
|---|---|---|---|---|---|---|---|
| USD millions | |||||||
| 1 | Walmart | Retail |  $523,964 | $14,881 | 2,200,000 |  United States | |
| 2 | Sinopec Group | Oil and gas |  $407,009 | $6,793 | 582,648 |  China | |
| 3 | State Grid | Electricity | $383,906 | $7,970 | 907,677 | China | |
| 4 | China National Petroleum | Oil and gas | $379,130 | $4,433 | 1,344,410 | China | |
| 5 | Royal Dutch Shell | Oil and gas | $352,106 | $15,842 | 83,000 |  Netherlands | |
| 6 | Saudi Aramco | Oil and gas | $329,784 | $88,211 | 79,000 |  Saudi Arabia | |
| 7 | Volkswagen | Automotive | $282,760 | $15,542 | 671,205 |  Germany | |
| 8 | BP | Oil and gas | $282,610 | $4,026 | 72,500 |  United Kingdom | |
| 9 | Amazon | Retail | $280,522 | $11,588 | 1,225,300 | United States | |
| 10 | Toyota | Automotive | $275,288 | $19,096 | 359,542 |  Japan | |
1, Walmart: Top 10 Richest Companies in the World
Top 10 Richest Companies in the World | Walmart Inc. formerly Wal-Mart Stores, Inc.) is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores, headquartered in Bentonville, Arkansas. The company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of October 31, 2020, Walmart has 11,510 stores and clubs in 27 countries, operating under 56 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Flipkart Wholesale in India. It has wholly-owned operations in Argentina, Chile, Canada, and South Africa. Since August 2018, Walmart holds only a minority stake in Walmart Brasil, which was renamed Grupo Big in August 2019, with 20 percent of the company's shares, and private equity firm Advent International holding 80 percent ownership of the company. Top 10 Richest Companies in the World
Walmart is the world's largest company by revenue, with US$514.405 billion, according to the Fortune Global 500 list in 2019. It is also the largest private employer in the world with 2.2 million employees. It is a publicly-traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings. Top 10 Richest Companies in the World | Walmart was the largest United States grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations.
Walmart was listed on the New York Stock Exchange in 1972. By 1988, it was the most profitable retailer in the U.S., and it had become the largest in terms of revenue by October 1989. The company was originally geographically limited to the South and lower Midwest, but it had stored from coast to coast by the early 1990s. Sam's Club opened in New Jersey in November 1989, and the first California outlet opened in Lancaster, in July 1990. A Walmart in York, Pennsylvania, opened in October 1990, the first main store in the Northeast.
Walmart's investments outside the U.S. have seen mixed results. Its operations and subsidiaries in Canada, the United Kingdom, Central America, South America, and China are highly successful, but its ventures failed in Germany and South Korea. Top 10 Richest Companies in the World
2, Sinopec Group: Top 10 Richest Companies in the World
China Petrochemical Corporation (Chinese: 中国石油化工集团公司) or Sinopec Group is the world's largest oil refining, gas, and petrochemical conglomerate, administered by SASAC for the State Council of the People's Republic of China. Top 10 Richest Companies in the World | It is headquartered at Chaoyangmenwai in Beijing, across the road from the headquarters of the fellow state-owned oil company and competitor CNOOC Group.
Sinopec Group ranked the 2nd in the Fortune Global 500 List in 2020, with revenue over US$407 billion. In the 2020 Forbes Global 2000, Sinopec was ranked as the 60th largest public company in the world.
It is the second-largest company in the world in terms of revenue.
Sinopec is responsible for 0.29% of global industrial greenhouse gas emissions from 1988 to 2015.
3, State Grid: Top 10 Richest Companies in the World
The State Grid Corporation of China (SGCC), commonly known as the State Grid, is a Chinese state-owned electric utility corporation. It is the largest utility company in the world, and as of 2020, the world's third-largest company overall by revenue. In 2016/17 it was reported as having 927,839 employees, 1.1 billion customers, a revenue equivalent to US$363.125 billion. Top 10 Richest Companies in the World
After the electricity "Plant-Grid Separation" reform in early 2002, the assets of State Electric Power Corporation (国家电力公司) were divided into the five "power generation groups" that retained the power plants and five regional subsidiaries belonging to the State Grid Corporation of China in Beijing.
4, China National Petroleum: Top 10 Richest Companies in the World
The China National Petroleum Corporation (CNPC) traditional Chinese: pinyin: Zhōngguó Shíyóu Tiānránqì Jítuán Gōngsī) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. Top 10 Richest Companies in the World | CNPC was ranked fourth in 2020 Fortune Global 500, a global ranking of the largest corporations by revenue.
5, Royal Dutch Shell: Top 10 Richest Companies in the World
Top 10 Richest Companies in the World | Royal Dutch Shell, commonly known as Shell, is a British–Dutch multinational oil and gas company headquartered in The Hague, Netherlands and incorporated in the United Kingdom as a public limited company (PLC). It is one of the oil and gas "supermajors" and the fifth-largest company in the world measured by 2020 revenues (and the largest based in Europe). Top 10 Richest Companies in the World | In the 2020 Forbes Global 2000, Royal Dutch Shell was ranked as the 21st-largest public company in the world. Shell was first in the 2013 Fortune Global 500 list of the world's largest companies; in that year its revenues were equivalent to 84% of the Dutch national $556 billion GDP. Top 10 Richest Companies in the World
Shell is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, transport, distribution and marketing, petrochemicals, power generation, and trading. Top 10 Richest Companies in the World | It also has renewable energy activities, including biofuels, wind, energy-kite systems, and hydrogen. Shell has operations in over 70 countries, produces around 3.7 million barrels of oil equivalent per day, and has 44,000 service stations worldwide. As of 31 December 2014, Shell had total proved reserves of 13.7 billion barrels (2.18×109 m3) of oil equivalent. note 1 Shell Oil Company, its principal subsidiary in the United States, is one of its largest businesses. Shell holds 50% of Raízen, a joint venture with Cosan, which is the third-largest Brazil-based energy company by revenues and a major producer of ethanol. Top 10 Richest Companies in the World
Shell was formed in 1907 through the amalgamation of the Royal Dutch Petroleum Company (Dutch: N.V. Koninklijke Nederlandse Petroleum Maatschappij) of the Netherlands (formerly the Royal Dutch Company for the Exploitation of Petroleum Wells in the Dutch East Indies (Dutch: N.V. Koninklijke Maatschappij tot Exploitatie van Petroleumbronnen in Nederlandsch-Indië)) and the "Shell" Transport and Trading Company of the United Kingdom. Until its unification in 2005, the firm operated as a dual-listed company, whereby the British and Dutch companies maintained their legal existence but operated as a single-unit partnership for business purposes. Shell first entered the chemicals industry in 1929. Top 10 Richest Companies in the World | Shell was one of the "Seven Sisters" which dominated the global petroleum industry from the mid-1940s to the mid-1970s. In 1970 Shell acquired the mining company Billiton, which it subsequently sold in 1994 and now forms part of BHP. In recent decades gas exploration and production have become an increasingly important part of Shell's business. Top 10 Richest Companies in the World | Shell acquired BG Group in 2016, making it the world's largest producer of liquefied natural gas (LNG).
Shell has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalization of £216 billion at the close of trading on 27 June 2019, by far the largest of any company listed on the London Stock Exchange. It has secondary listings on Euronext Amsterdam and the New York Stock Exchange. There are two types of shares: A (code RDSA) and B (code RDSB), see also below. Top 10 Richest Companies in the World
As of February 2020, Shell's largest shareholder (A and B shares combined as a percent of the company) was Nederlands Centraal Instituut Voor Giraal Effectenverkeer Bv with 21.19%, ahead of Guaranty Nominees Limited in second with 18.03%, BlackRock Inc with 7.14%, and The Capital Group with 4.99%. According to the CDP Carbon Majors Report 2017, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988–2015. In 2018, Shell announced it hoped to achieve net-zero greenhouse gas emissions by 2050 or sooner.
6, Saudi Aramco: Top 10 Richest Companies in the World
Top 10 Richest Companies in the World Saudi Aramco ʾArāmkū s-Saʿūdiyyah), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company), is a Saudi Arabian public petroleum and natural gas company based in Dhahran.
As of 2020, it is the sixth-largest company in the world by revenue. Saudi Aramco has both the world's second-largest proven crude oil reserves, at more than 270 billion barrels (4.3×1010 m3) and the largest daily oil production of all oil-producing companies. Top 10 Richest Companies in the World
Saudi Aramco operates the world's largest single hydrocarbon network, the Master Gas System. Top 10 Richest Companies in the World | Its 2013 crude oil production total was 3.4 billion barrels (540,000,000 m3), and it manages over one hundred oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (SCF) of natural gas reserves. Saudi Aramco operates the Ghawar Field, the world's largest onshore oil field, and the Safaniya Field, the world's largest offshore oil field.
On 11 December 2019, the company's shares commenced trading on the Tadawul stock exchange. The shares rose to 35.2 riyals, giving it a market capitalization of about $1.88 trillion, and surpassed the $2 trillion mark on the second day of trading. Top 10 Richest Companies in the World | In the 2020 Forbes Global 2000, Saudi Aramco was ranked as the 5th-largest public company in the world.
Saudi Aramco is responsible for 4.5% of global industrial greenhouse gas emissions from 1988 to 2015.
7, Volkswagen Group: Top 10 Richest Companies in the World
Volkswagen AG , known internationally as the Volkswagen Group, is a German multinational automotive manufacturing corporation headquartered in Wolfsburg, Lower Saxony, Germany and indirectly majority-owned by the Austrian Porsche family. Top 10 Richest Companies in the World | It designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines, and turbomachinery and offers related services including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, overtaking Toyota and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles. Top 10 Richest Companies in the World | It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2018 Fortune Global 500 list of the world's largest companies. The Volkswagen Group sells passenger cars under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen marques; light commercial vehicles under the Volkswagen Commercial Vehicles brand; motorcycles under the Ducati brand; and heavy commercial vehicles via the marques of listed subsidiary Traton: MAN, Scania, and Volkswagen Caminhões e Ônibus. It is divided into two primary divisions—the Automotive Division and the Financial Services Division—and as of 2008 had approximately 342 subsidiary companies. Top 10 Richest Companies in the World | Volkswagen also has two major joint-ventures in China (FAW-Volkswagen and SAIC Volkswagen). The company has operations in approximately 150 countries and operates 100 production facilities across 27 countries.
Top 10 Richest Companies in the World | Volkswagen was founded in 1937, to manufacture the car which would become known as the Beetle. The company's production grew rapidly in the 1950s and 1960s, and in 1965 it acquired Auto Union, which subsequently produced the first post-war Audi models. Volkswagen launched a new generation of front-wheel drive vehicles in the 1970s, including the Passat, Polo and Golf; the last became its bestseller. Volkswagen acquired a controlling stake in SEAT in 1986, making it the first non-German marque of the company, and acquired control of Škoda in 1994, of Bentley, Lamborghini and Bugatti in 1998, Scania in 2008 and of Ducati, MAN and Porsche in 2012. The company's operations in China have grown rapidly in the past decade with the country becoming its largest market. Top 10 Richest Companies in the World
Volkswagen Aktiengesellschaft is a public company and has a primary listing on the Frankfurt Stock Exchange, where it is a constituent of the Euro Stoxx 50 stock market index, and secondary listings on the Luxembourg Stock Exchange, SIX Swiss Exchange. It has been traded in the United States via American depositary receipts since 1988, currently on the OTC Marketplace. Volkswagen delisted from the London Stock Exchange in 2013. The state of Lower Saxony holds 12.7% of the company's shares, granting it, by law, 20% of the voting rights.
8, BP: Top 10 Richest Companies in the World
BP plc (formerly The British Petroleum Company plc and BP Amoco plc) is a British multinational oil and gas company headquartered in London, England. It is one of the world's seven oil and gas "supermajors". It is a vertically integrated company operating in all areas of the oil and gas industry, including exploration and production, refining, distribution and marketing, power generation and trading. It also has renewable energy interests in biofuels, wind power, smart grid and solar technology. Top 10 Richest Companies in the World
As of 31 December 2018, BP had operations in nearly 80 countries worldwide, produced around 3.7 million barrels per day (590,000 m3/d) of oil equivalent, and had total proven reserves of 19.945 billion barrels (3.1710×109 m3) of oil equivalent. The company has around 18,700 service stations worldwide. Its largest division is BP America in the United States. In Russia, BP owns a 19.75% stake in Rosneft, the world's largest publicly traded oil and gas company by hydrocarbon reserves and production. BP has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. Top 10 Richest Companies in the World | It has secondary listings on the Frankfurt Stock Exchange and the New York Stock Exchange. In the 2020 Forbes Global 2000, BP was ranked as the 357th-largest public company in the world.
BP's origins date back to the founding of the Anglo-Persian Oil Company in 1908, established as a subsidiary of Burmah Oil Company to exploit oil discoveries in Iran. In 1935, it became the Anglo-Iranian Oil Company and in 1954, adopted the name British Petroleum. Top 10 Richest Companies in the World | In 1959, the company expanded beyond the Middle East to Alaska and it was one of the first companies to strike oil in the North Sea. British Petroleum acquired majority control of Standard Oil of Ohio in 1978. Formerly majority state-owned, the British government privatised the company in stages between 1979 and 1987. British Petroleum merged with Amoco in 1998, becoming BP Amoco plc, and acquired ARCO and Burmah Castrol in 2000, becoming BP plc in 2001. From 2003 to 2013, BP was a partner in the TNK-BP joint venture in Russia. Top 10 Richest Companies in the World
BP has been directly involved in several major environmental and safety incidents. Among them were the 2005 Texas City Refinery explosion, which caused the death of 15 workers and which resulted in a record-setting OSHA fine; Britain's largest oil spill, the wreck of Torrey Canyon in 1967; and the 2006 Prudhoe Bay oil spill, the largest oil spill on Alaska's North Slope, which resulted in a US$25 million civil penalty, the largest per-barrel penalty at that time for an oil spill. Top 10 Richest Companies in the World
The 2010 Deepwater Horizon oil spill, the largest accidental release of oil into marine waters in history, resulted in severe environmental, health and economic consequences, and serious legal and public relations repercussions for BP. 1.8 million US gallons (43,000 bbl; 6,800 m3) of Corexit oil dispersant were used in the cleanup response, becoming the largest application of such chemicals in US history. The company pleaded guilty to 11 counts of felony manslaughter, two misdemeanors, one felony count of lying to Congress, and agreed to pay more than $4.5 billion in fines and penalties, the largest criminal resolution in US history. On 2 July 2015, BP and five states announced an $18.7 billion settlement to be used for Clean Water Act penalties and various claims. Top 10 Richest Companies in the World
From 1988 to 2015, BP was responsible for 1.53% of global industrial greenhouse gas emissions. BP has set a goal to cut its greenhouse gas emissions to net-zero by 2050. BP plans to increase its investments in renewables 10 times and reduce oil production by 40% from current levels by 2030.
9, Amazon: Top 10 Richest Companies in the World
Top 10 Richest Companies in the World | Amazon.com, Inc. is an American multinational technology company based in Seattle, Washington, which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is considered one of the Big Five companies in the U.S. information technology industry, along with Google, Apple, Microsoft, and Facebook. The company has been referred to as "one of the most influential economic and cultural forces in the world", as well as the world's most valuable brand. Top 10 Richest Companies in the World
Amazon was founded by Jeff Bezos in Bellevue, Washington, on July 5, 1994. The company started as an online marketplace for books but expanded to sell electronics, software, video games, apparel, furniture, food, toys, and jewelry. In 2015, Amazon surpassed Walmart as the most valuable retailer in the United States by market capitalization. In 2017, Amazon acquired Whole Foods Market for US$13.4 billion, which substantially increased its footprint as a physical retailer. In 2018, Bezos announced that its two-day delivery service, Amazon Prime, had surpassed 100 million subscribers worldwide. Top 10 Richest Companies in the World
Amazon is known for its disruption of well-established industries through technological innovation and mass scale. It is the world's largest online marketplace, AI assistant provider, live-streaming platform and cloud computing platform as measured by revenue and market capitalization. Amazon is the largest Internet company by revenue in the world. Top 10 Richest Companies in the World | It is the second largest private employer in the United States and one of the world's most valuable companies.
Amazon distributes downloads and streaming of video, music, and audiobooks through its Prime Video, Amazon Music, Twitch, and Audible subsidiaries. Amazon also has a publishing arm, Amazon Publishing, a film and television studio, Amazon Studios, and a cloud computing subsidiary, Amazon Web Services. It produces consumer electronics including Kindle e-readers, Fire tablets, Fire TV, and Echo devices. Its acquisitions over the years include Ring, Twitch, Whole Foods Market, and IMDb. The company has been criticized for various practices including technological surveillance overreach, a hyper-competitive and demanding work culture, tax avoidance, and for being anti-competitive.
10, Toyota: Top 10 Richest Companies in the World
Toyota Motor Corporation Hepburn: Toyota Jidōsha KK, IPA: is a Japanese multinational automotive manufacturer headquartered in Toyota, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Top 10 Richest Companies in the World | In 2017, Toyota's corporate structure consisted of 364,445 employees worldwide and, as of December 2019, was the tenth-largest company in the world by revenue. Toyota is the largest automobile manufacturer in Japan, and the second-largest in the world behind Volkswagen, based on 2018 unit sales. Top 10 Richest Companies in the World |Toyota was the world's first automobile manufacturer to produce more than 10 million vehicles per year, which it has done since 2012, when it also reported the production of its 200 millionth vehicle. As of July 2014, Toyota was the largest listed company in Japan by market capitalization (worth more than twice as much as number 2-ranked SoftBank) and by revenue.
Toyota is the global market leader in sales of hybrid electric vehicles, and one of the largest companies to encourage the mass-market adoption of hybrid vehicles across the globe. Toyota is also a market leader in hydrogen fuel-cell vehicles. Cumulative global sales of Toyota and Lexus hybrid passenger car models achieved the 15 million milestone in January 2020. Its Prius family is the world's top-selling hybrid nameplate with over 6 million units sold worldwide as of January 2017.
The company was founded by Kiichiro Toyoda in 1937, as a spinoff from his father's company Toyota Industries, to manufacture automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it developed its first product, the Type A engine, and its first passenger car in 1936, the Toyota AA. Toyota Motor Corporation produces vehicles under five brands, including the Toyota brand, Hino, Lexus, Ranz, and Daihatsu. It also holds a 20.02% stake in Subaru Corporation, a 5.9% stake in Isuzu until 2018, a 5.1% stake in Mazda, a 4.9% stake in Suzuki, a 3.8% stake in Yamaha Motor Corporation, and a 2.8% stake in Panasonic, as well as joint-ventures with two in China (GAC Toyota and Sichuan FAW Toyota Motor), one in India (Toyota Kirloskar), one in the Czech Republic (TPCA), one in the United States (MTMUS), along with several "nonautomotive" companies. TMC is part of the Toyota Group, one of the largest conglomerates in the world. Top 10 Richest Companies in the World
For More Business Ideas, Business Tips, Business Lessons, Top 10 Richest Companies in the World, Online Business Tips, Offline Business Tips, Business Strategies, Business Environment Ideas, Business Marketing, Business Marketing On Social Media, Website Business, Domain Selling Business, Websites Making Ideas, Website Niches Ideas, Niches Keywords Ideas, Micro Niche Website Ideas, Blog Writing Tips, Blog Writing For Business, And visit to learn all the ways of doing business...Click Here
No comments:
Thank you for your feedback.