Top 10 World's Largest Companies
According to Fortune Global 500 by revenue in 2021. The list contain the top 50 companies, all companies annual revenues exceed 123 billion US dollars. Only those companies publish financial data and report figures to a government agency are included. Therefore, this list is incomplete.
Here we are going to discuss about Top 10 companies. The first One is-
1. Walmart:
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Walmart is an American multinational retail company. It is world's largest company by revenue with 548.743 billion dollars. Fortune Global 500 listed Walmart as largest one. There are many employees in this Corporation.
If I count them then it will be 2.2 million people. Can you imagine that? A large amount of people work here comparing others company. This company controlled by Walton family, it means we can say this company is family owned business. The founder and CEO of this company is Sam Walton.
In 1945 Sam Walton bought a branch of the Ben Franklin stores. That time he was a employee. His primary focus was selling product at low prices to get higher volume sales. sale increased 45 percent in his first year and day by day increase revenue. The company operates discount stores, supercenters, neighborhood markets as well as a robust online platform.
- Revenue: 523,964 million US dollars
- Profit: 13510
- Operating Income: 22.55 billion dollars
- Net Income: 13.70 billion dollars
- Total Assets: 252.5 billion dollars
2. State Grid:
State Grid is the common name of this Corporation, ful name is State Grid Corporation of China. It is a electric utility Corporation and owned by Chinese state-owned enterprise. As of 2021, it is the second largest company overall by revenue. It is foundedin 2002 means It's journey started 19 years ago. State Grid Corporation of China operates electricity networks. It is a private company. Itโs revenue is 386,617.7 million dollars. Here the company provides products like Electrical grid, Electric power transmission etc. They give services like nuclear power transmission.- Revenue: 386,617.7 million dollars.
- Operating Income: 78,697,281,872 renminbi (2018)
- Net Income: 10.201 billion US dollars (2018)
- Total Assets: 585.278 billion dollars
- Employee: 896,360
3. Amazon:
It is an American multinational technical company which focuses on e-commerce, cloud computing, digital streaming and artificial intelligence. It is 3rd largest company all over the world by revenue. The company has been referred to as one of the most influential economic and cultural forces in the world. The World's most valuable brands are here. It is founded at 5th july in 1994 about 27 years ago, founded by Jeff Bezos. It is situated in Scattle, Washington, US. They working worldwide. They provides
Echo, Fire tavlet, Fire tv, Fire os, Kindle etc products and also have others services like Amazon.com, Amazon Alexa, Amazon Appstore, Amazon Music, Amazon Prime, Amazon prime vedio and Amazon web services.
It started as an online marketplace for books but axpanded to sell electronics, software, vedio games, furniture, foods, yoys, jewellery etc.
- Revenue: 386,064 million dollars
- Operating income: 22.9 billion dollars
- Net income: 21.331 billion dollars
- total assets: 321.2 billion dollars
- Employee: 1,335,000
China National Petroleum Corporation (CNPC) is a largest oil and gas Corporation of China and 4th largest in the Fortune Global 2021 based on revenue.It is a state owned enterprise founded in 1988 about 33 years ago. It's headquarter is in Dongcheng, Beijing. They provide petroleum, natural gas and others petrochemicals. It is world's 2nd largest oil and gas producer.
- Revenue: 283,958 million dollars
- Operating income: 121.7 billion Yuan
- Net Income: 67 billion Yuan
- Total assets : 2732 billion Yuan
- Employee: 1,242,245
5. Sinopec Group:
China Petroleum Corporation (Sinopec Group) was 2nd largest company on Fortune Global 500 list in 2019. It is a large petroleum and petrochemical enterprise group. It consider the investor right to the related state assets like they can make major decision and appointed managers. Principle business of Sinopec group is industrial investment and investment management, petroleum and natural gas exploration, production, storage and transportation, sales and comprehensive utilization. It is the largest refining company and 3rd largest chemical company in the world. According to Fortune Global 500 list in 2021, Sinopec ranked 5th place. It is a public Corporation, founded in Beijing in 2000 about 21 years ago.
- Revenue :283,728 million dollars
- Operating income: 86.965 million Yuan(2017)
- Net income: 70,294 million Yuan(2017)
- Total assets: 1595,504 million Yuan(2017)
- Employee: 553,833
6. Apple:
Apple is a multinational technology company in America. Apple is the world's largest technology company by revenue in 2020 and became world's most valuable company in 2021.According to Fortune Global 500, Apple ranked 6th largest company by revenue. This company is one among five information technology companies in America. Others four are Amazon, Google, Microsoft, Facebook. Apple is a public Corporation. Founded in 1976 about 45 years ago. Itโs headquarter is in Apple Park Way Cupertino, California. They provide many Kinds of products, they are- Macintosh, iPod, iPhone, iPad, Apple pencil, Apple Watch, HomePod, MacOs, Airpads, iOS and others. They have services too like Apple store, Apple Arcade,Apple card, Apple Music, Apple News, Apple Books, Apple pay etc.
- Revenue: 274,515 million dollars
- Operating income: 66.288 billion dollars (2020)
- Net income: 57.411 billion dollars (2020)
- Employee: 147,000
It is a health problem solution company, we can understand by itโs name. The primary work of this company is delivers care anyway. Itโs Specialty is about care, no one else can do like them. It is an American healthcare company that owns CVS pharmacy. It has a retail pharmacy chain, CVS caremark, a pharmacy benefits manager and Aetna. Aetna is a health insurance provider among many other brands. CVS health is the world's seventh largest company by revenue on the Fortune Global 500 list. This company founded in 1963 about 58 years ago in Lowell, Massachusetts. Now It's headquarter is situated in Woonsocket, Rhode Island. This company just served in Us not worldwide.
- Revenue: 268,705 million dollars
- Operating income: 13.91 billion dollars (2020)
- Net income:7.17 billion dollars (2020)
- Employee: 256,500
8. United Health:
United health group incorporate is a multinational managed healthcare and insurance company. It offers healthcare products and insurance service.This company founded in 1977 about 44 years ago. The name of the founder is Richard T.Burke. This company isnโt like CVS health. It services worldwide. It is world's 8th largest company by revenue and second largest healthcare after CVS health.
- Revenue:257,141 million dollars
- Operating income: 20.742 billion dollars (2020)
- Net income:15.403 billion dollars (2020)
- Employee: 330,000
9. Toyota:
Toyota is a motor corporation. It is a Japanese multinational automative manufacturer. It was founded by Kiichiro Toyoda and it situated in Toyota city, Aichi, Japan.Itโs founded in 1937 about 83 years ago and gave services worldwide. This company produce about 10 million vehicles per year. It ranked ninth placed in Fortune Global 500 by revenue. They give some services towards banking, financing, leasing.
- Revenue: 256,722 millon dollars
- Operating income: 2,197,748 million Yuan
- Net income:2,282,378 million Yuan
- Employee: 366,283
10. Volkswagen:
It is a Germany company which produce cars. Volkswagen was established in 1937 by the Germany Labour Front in Berlin.In the early 1930s, Luxury couldnโt afforded by Germanis. Volkswagen builds economy cards. They built cars, sells them, repair them. They stoke both luxury and economic cars, sports cars, trucks and other commercial vehicles. One of luxury brand Audi is made by them.
- Revenue:253,965 million dollars a
- Net income: 6.4 billion dollars
- Market cap:94.8 billion dollars
- Employee: 662,575