Top 10 Biggest Companies in the world by revenue in 2019 :-
1. Walmart :-
Walmart 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, 2019, Walmart has 11,438 stores and clubs in 27 countries, operating under 55 different names.
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 their holding company Walton Enterprises and through their individual holdings. Walmart was the largest U.S. grocery retailer in 2019, and 65 percent of Walmart's US$510.329 billion sales came from U.S. operations.
2. Sinopec :-
China Petrochemical
Corporation 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. It is headquartered at Chaoyangmenwai in Beijing,
across the road from the headquarters of fellow state-owned oil company and
competitor CNOOC Group.
Sinopec Group ranked the 2nd
in the Fortune Global 500 List in 2019, with revenue over US$414 billion.
It is the second largest company in the world in terms of revenue3. Royal Dutch Shell :-
Royal Dutch Shell PLC ,
commonly known as Shell, is an Anglo-Dutch oil and gas company headquartered in
the Netherlands and incorporated in the United Kingdom.It is one of the oil and
gas "supermajors" and the third-largest company in the world measured
by 2018 revenues (and the largest based in Europe). In the 2019 Forbes Global
2000, Shell was ranked as the ninth-largest company in the world (and the
largest outside China and the United States), and the largest energy company.
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.
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. 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. 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.
4. China National Petroleum :-
The China National Petroleum
Corporation (CNPC) is a major national oil and gas corporation of China PR and
one of the largest integrated energy groups in the world. Its headquarters are
in Dongcheng District, Beijing. CNPC was ranked fourth in 2017 Fortune Global
500, a global ranking of the largest corporations by revenue.
Unlike the Chinese Petroleum
Corporation, which was relocated to Taiwan with the retreat of the Republic of
China following the communist revolution in 1949, CNPC can be traced from the
beginning as a governmental department of the Communist government of China. In
1949, the Chinese government formed a 'Fuel Industry Ministry' dedicated to the
management of fuel. In January 1952 a division of the fuel ministry was formed
to manage petroleum exploration and mining, called the 'Chief Petroleum
Administration Bureau'. In July 1955 a new ministry was created to replace the
Fuel Industry Ministry, called the Ministry of Petroleum. From 1955 to 1969,
approximately 4 oil fields were found in 4 areas in Qinghai, Heilongjiang
(Daqing oilfield), Bohai Bay and Songliao basin. CNPC was created on 17
September 1988, when the government decided to create a state-owned company to
handle all Petroleum activities in China and disbanded the Ministry of
Petroleum.
5. State Grid :-
The State Grid Corporation
of China , commonly known as the State Grid, is the state-owned electric
utility monopoly of China. It is the largest utility company in the world, and
as of 2018, the world's second largest company overall by revenue. In 2016/17
it was reported as having 927,839 employees, 1.1 billion customers and revenue
equivalent to US$363.125 billion.
After the electricity
"Plant-Grid Separation" reform in early 2002, the assets of State
Electric Power Corporation 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.
6. Saudi Aramco :-
Saudi Aramco, officially the
Saudi Arabian Oil Company (formerly Arabian-American Oil Company), is a Saudi
Arabian national petroleum and natural gas company based in Dhahran, Saudi
Arabia.
It is one of the largest
companies in the world by revenue, and according to accounts seen by Bloomberg
News, the most profitable company in the world. Saudi Aramco has both the
world's second-largest proven crude oil reserves, at more than 270 billion
barrels (4.3×1010 m3), and second-largest daily oil production.
Saudi officials have backed
an official figure of $2 trillion for Saudi Aramco's value. The company's
financial data were leaked in April 2018, and according to Bloomberg's analysts
the company could be valued at $1.2 trillion, a significantly lower sum.
Saudi Aramco operates the
world's largest single hydrocarbon network, the Master Gas System. 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.
7. BP :-
BP plc is a British
multinational oil and gas company headquartered in London, United Kingdom. It
is one of the world's seven oil and gas "supermajors", whose
performance in 2012 made it the world's sixth-largest oil and gas company, the
sixth-largest energy company by market capitalization and the company with the
world's 12th-largest revenue (turnover). It is a vertically integrated company
operating in all areas of the oil and gas industry, including exploration and
production, refining, distribution and marketing, petrochemicals, power
generation and trading. It also has renewable energy interests in biofuels,
wind power and solar technology.
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. It has secondary listings on the Frankfurt Stock Exchange and
the New York Stock Exchange.
8. ExxonMobil :-
Exxon Mobil Corporation,
doing business as ExxonMobil, is an American multinational oil and gas
corporation headquartered in Irving, Texas. It is the largest direct descendant
of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999 by
the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil
(formerly the Standard Oil Company of New York). ExxonMobil's primary brands
are Exxon, Mobil, Esso, and ExxonMobil Chemical. ExxonMobil is incorporated in
Texas.
One of the world's largest
companies by revenue, ExxonMobil from 1996 to 2017 varied from the first to
sixth largest publicly traded company by market capitalization. The company was
ranked ninth globally in the Forbes Global 2000 list in 2016. ExxonMobil was
the tenth most profitable company in the Fortune 500 in 2017. As of 2018, the
company ranked second in the Fortune 500 rankings of the largest United States
corporations by total revenue. Approximately 55.56% of the company's shares are
held by institutions. As of March 2019, ExxonMobil's largest shareholders
include The Vanguard Group (8.15%), BlackRock (6.61%), and State Street
Corporation (4.83%).
9. Volkswagen Group :-
Volkswagen AG , known
internationally as the Volkswagen Group, is a German multinational automotive
manufacturing company headquartered in Wolfsburg, Lower Saxony, Germany and
indirectly majority owned by Austrian Porsche and Piëch families. 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 and 2018, selling 10.8
million vehicles. 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. Volkswagen Group sells passenger cars under the
Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and the flagship
Volkswagen marques; motorcycles under the Ducati brand; and TRATON (commercial
vehicles, trucks, and buses) under the marques MAN, Scania, and Volkswagen
Commercial Vehicles. It is divided into two primary divisions, the Automotive
Division and the Financial Services Division, and as of 2008 had approximately
342 subsidiary companies. 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.
10. Toyota :-
Toyota Motor Corporation is
a Japanese multinational automotive manufacturer headquartered in Toyota,
Aichi, Japan. In 2017, Toyota's corporate structure consisted of 364,445
employees worldwide and, as of September 2018, was the sixth-largest company in
the world by revenue. As of 2017, Toyota is the largest automotive
manufacturer. 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 world's 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 10
million milestone in January 2017. Its Prius family is the world's top-selling
hybrid nameplate with over 6 million units sold worldwide as of January 2017.
11. Apple Inc. :-
Apple Inc. is an American
multinational technology company headquartered in Cupertino, California, that
designs, develops, and sells consumer electronics, computer software, and
online services. It is considered one of the Big Four tech companies along with
Amazon, Google, and Facebook.
The company's hardware
products include the iPhone smartphone, the iPad tablet computer, the Mac
personal computer, the iPod portable media player, the Apple Watch smartwatch,
the Apple TV digital media player, the AirPods wireless earbuds and the HomePod
smart speaker. Apple's software includes the macOS, iOS, iPadOS, watchOS, and
tvOS operating systems, the iTunes media player, the Safari web browser, the
Shazam acoustic fingerprint utility, and the iLife and iWork creativity and
productivity suites, as well as professional applications like Final Cut Pro,
Logic Pro, and Xcode. Its online services include the iTunes Store, the iOS App
Store, Mac App Store, Apple Music, Apple TV+, iMessage, and iCloud. Other
services include Apple Store, Genius Bar, AppleCare, Apple Pay, Apple Pay Cash,
and Apple Card.
12. Brekshire Hathaway :-
Berkshire Hathaway Inc. is
an American multinational conglomerate holding company headquartered in Omaha,
Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen,
BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster,
FlightSafety International, Pampered Chef, and NetJets, and also owns 38.6% of
Pilot Flying J 26.7% of the Kraft Heinz Company, and significant minority
holdings in American Express (17.6%), Wells Fargo (9.9%), The Coca-Cola Company
(9.4%), Bank of America (6.8%), and Apple (5.22%). Since 2016, the company has
acquired large holdings in the major US airline carriers, and is currently the
largest shareholder in United Airlines and Delta Air Lines, and a top three
shareholder in Southwest Airlines and American Airlines. Berkshire Hathaway has
averaged an annual growth in book value of 19.0% to its shareholders since 1965
(compared to 9.7% from the S&P 500 with dividends included for the same
period), while employing large amounts of capital, and minimal debt.
The company is known for its
control and leadership by Warren Buffett, who serves as chairman and chief
executive, and Charlie Munger, the company's vice-chairman. In the early part
of his career at Berkshire, Buffett focused on long-term investments in
publicly traded companies, but more recently he has more frequently bought
whole companies. Berkshire now owns a diverse range of businesses including confectionery,
retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum
cleaners, jewelry sales, newspaper publishing, manufacture and distribution of
uniforms, and several regional electric and gas utilities.
13. Amazon :-
Amazon.com, Inc., is an
American multinational technology company based in Seattle that focuses on
e-commerce, cloud computing, digital streaming, and artificial intelligence. It
is considered one of the Big Four tech companies, along with Google, Apple, and
Facebook.
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, and cloud computing platform as measured by revenue and market
capitalization. Amazon is the largest Internet company by revenue in the world.
It is the second largest private employer in the United States and one of the
world's most valuable companies.
Amazon was founded by Jeff
Bezos in Bellevue, Washington in July 1994. The company initially started as an
online marketplace for books but later 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 vastly increased Amazon's presence as a brick-and-mortar
retailer. In 2018, Bezos announced that its two-day delivery service, Amazon
Prime, had surpassed 100 million subscribers worldwide
14. UnitedHealth Group :-
UnitedHealth Group
Incorporated is an American for-profit managed health care company based in
Minnetonka, Minnesota. It offers health care products and insurance services.
It is the largest healthcare company in the world by revenue, with 2018 revenue
of $226.2 billion and 115 million customers.
The company is ranked 6th on
the 2019 Fortune 500.
15. Samsung Electronic :-
Samsung Electronics Co.,
Ltd. is a South Korean multinational electronics company headquartered in
Suwon, South Korea. Due to some circular ownership, it is the flagship company
of the Samsung chaebol, accounting for 70% of the group's revenue in 2012.
Samsung Electronics has assembly plants and sales networks in 80 countries and
employs around 308,745 people. It is the world's largest manufacturer of
consumer electronics and semiconductors by revenue. As of June 2018, Samsung
Electronics' market capitalization stood at US$325.9 billion.
Samsung is a major
manufacturer of electronic components such as lithium-ion batteries,
semiconductors, chips and flash memory devices for clients such as Apple, Sony,
HTC and Nokia. It is the world's largest manufacturer of mobile phones and
smartphones, started with the original Samsung Solstice and later, the
popularity of its Samsung Galaxy line of devices. The company is also a major
vendor of tablet computers, particularly its Android-powered Samsung Galaxy Tab
collection, and regarded for developing the phablet market through the Samsung
Galaxy Note family of devices. It has also developed 5G capable smartphones
through the Galaxy S10 and Galaxy Note 10 and foldable phones through the
Galaxy Fold. Samsung has been the world's largest television manufacturer since
2006, and the world's largest manufacturer of mobile phones since 2011. It is
also the world's largest memory chips manufacturer. In July 2017, Samsung
Electronics overtook Intel as the largest semiconductor chip maker in the
world. Samsung Electronics is the world's second largest technology company by
revenue.