Top Wealthiest Companies in the World
The world is said to be experiencing a gloomy economic future. But is this really so? If you will learn more about the amount of revenues, sales growth, and earnings of the top wealthiest companies in the world, you may think otherwise.
The largest and wealthiest companies on earth are thriving unstoppably and the Global 2000 companies and their combined revenues reached a staggering amount of $36 trillion in revenues alone. Profits have reached $2.64 trillion while assets comprised $149 trillion. Plus, the 83 million people that these firms employ across the globe are a clear indication of dynamism of global business.
The Biggest and Wealthiest Companies in the World
- Exxon Mobile made the top for the first time according to Global 2000 by Forbes. It has acquired a double-digit growth in terms of sales and profits.
- JP Morgan Chase, another U.S. industry under the banking category that is unbeatable in terms of high ranking in world’s biggest company is present on the list once again.
- General Electric continues to show strength in spite of Europe’s declining operating segments. The strength is attributed to a number of infrastructure orders that it had acquired from the past quarters.
- The Royal Dutch Shell, a Netherland industry boasts its 28% sales growth. Its operations in more than 80 countries around the world are the reason for its seamless success.
- ICBC of China dominates all the banks in China. It is also recognized as the largest Asia-Pacific company and it still remains in the list of Global 2000.
- HSBC is UK’s pride in the banking sector. The tough performance of HSBC in taking over faster-growing markets in the world is the key to its major progress.
- PetroChina is the most important Asian company that holds oils and gas operations. In fact, in 2011 PetroChina managed to surpassed Exxon Mobil in the number of barrels of oil produced every day.
- Berkshire Hathaway boosts U.S. diversified financials. The recorded earnings of the operations in five biggest non-insurance companies show strong performance.
- Wells Fargo is the second largest bank in the U.S., next to JP Morgan Chase.
- Petrobas is Brazil’s largest company and it is also the fourth biggest energy company in the world. It is undoubtedly a leader in oil industry and with its expanded operations; Pertrobas will hold its title for a longer period of time.
- BP, a U.K industry, has made a name in the history of business. Its comeback story serves as a strong proof in its increased profitability and revenues worth billions of dollars. Its net loss in 2010 amounting to $3.3 billion was already reversed when it posted its $26 billion net income.
- Chevron always remained on top 20 biggest and wealthiest companies in the world due to rising oil prices. There is no wonder that it is still tagged as the second-biggest energy company in U.S.
- China Construction Bank and its double-digit sales growth are exemplary. The secret: its continuous expansion and efforts to establish new domestic branches and networks.
- Citigroup still made the list even if its sales and stock price are down from the past year.
- Gazprom is one of Russia’s biggest producers of oil. It is also the owner of the biggest power generating assets in Russia.
- Wal-Mart Stores is the list’s biggest employer. Why? It has 2.2 million associates from across the world.
- Volkswagen Group garners the title for the biggest automaker in the world in Global 2000. In 2011, it has acquired triple-digit sales growth.
- Total has also recorded a double-digit growth in earnings growth. More so, Total is Europe’s sixth biggest energy company.
- Agricultural Bank of China breaks the record when it recorded double-digit growth in its sales, assets, and profits.
- BNP Paribas specifically targets France, Luxembourg, Italy, and Belgium in providing banking services. Its presence in 80 countries has helped the company boost its market growth significantly.
With this list, you can already say why a company remains wealthy and will for a longer period of time remain profitable.