Do you know which are the top 10 companies in the world? Most of you think that tech companies like Google, Apple, Facebook, and Snapchat dominates the world. But you are wrong. Good old Walmart tops the list with a value twice as much as of Apple’s. There are several parameters by which the top 10 companies in the world can be ranked like market cap, profits, brand value, and profits.

Data analytics firm Statista ranked the top 10 largest companies in the world by market value that includes Facebook, Amazon, and Google’s parent Alphabet. On the other hand, CBSnews.com has prepared the list of top 10 companies in terms of brand value as calculated by brand consultancy agency Interbrand. It includes giants like IBM, Samsung, and Mercedes-Benz.

Top 10 Companies in the World 2019

In this article, we have sorted and ranked the top 10 companies in the world based on their latest revenues. The list includes several public sectors (state-owned companies) and is dominated by companies in the oil & gas as well as automotive sectors. So, without much talking, let’s dive into the details of these top 10 companies in the world.

Walmart

With over ₹35 lakh crores in revenue, Walmart is the largest company in the world, according to the Fortune Global 500 list in 2018. Walmart is also the world’s largest private sector employer that provides direct job opportunities to more than 22 lakh employees. As of April 2019, the company owned 11,368 stores in 27 countries under 55 different brand names.

Walmart sells a wide variety of general merchandise at low prices and was the largest grocery retailer in the United States in 2019. Around 65% of the company’s $510 billion revenue came just from its U.S operations. Walmart was listed on the New York Stock Exchange (NYSE) in 1972 and by 1988 it became the most profitable retailer in the United States. In October 1989, Walmart gained to the top of the charts in terms of revenue.

Founder – Sam Walton
Founded – 1962
Industry – Retail
Employees – 23,00,000
Country – United States
Revenue – $500.343 billion

State Grid Corporation of China

State Grid or The State Grid Corporation of China, the state-owned electrical utility monopoly of China is the world’s largest utility company. As of 2018, it is the world’s second largest company by revenue with more than 1.1 billion customers. State Grid was founded in 2002 after restructuring the former State Power Corporation of China into two grid companies, five generation groups, and four accessorial business companies.

The two grid companies formed were the State Grid Corporation of China and a smaller China Southern Power Grid Company. The company had the capability to generate 6.47 gigawatts of power at the time of its inception. The company was behind China’s multi-phase smart-grid project.

Founder – State-owned
Founded – 2002
Industry – Electricity
Employees – 9,13,546
Country – China
Revenue – $348.903 billion

Sinopec

Sinopec Group, also known as the China Petrochemical Corporation is the world’s largest oil refining, gas, and petrochemical company. It is administered by SASAC for the State Council of the People’s Republic of China. Headquartered in Beijing, the company was ranked 3rd in the Fortune Global 500 List in 2018. It has two major subsidiaries, China Petroleum and Chemical Corporation Limited.

The company is involved in the production of petroleum products like gasoline, diesel, kerosene, jet fuel, ethylene, synthetic rubber, synthetic fibers, synthetic resins, and chemical fertilizers. Sinopec also explores crude oil and natural gas within China. China Petroleum and Chemical Company (Sinopec Corp.), controlled by Sinopec Group, issued H-shares and A-shares at overseas and home respectively in October 2000 and August 2001 and was listed on stock markets in Hong Kong, New York, London, and Shanghai.

Founder – State-owned
Founded – 1998
Industry – Oil and gas
Employees – 6,67,793
Country – China
Revenue – $326.953 billion

China National Petroleum

China National Petroleum Corporation (CNPC) is a government-owned company which was formed in 1999. It is the parent company of publicly listed PetroChina. During the restructuring, CNPC injected most of the assets and liabilities into PetroChina. The company deals in hydrocarbon exploration and production, refining and marketing of chemical and natural gas products.

The CNPC holds reserves of 3.7 billion barrels of oil and it produced more than 54 billion cubic meters of natural gas in 2007. The company has 30 international exploration and production projects in countries like Canada, Iran, Myanmar, Oman, Peru, Niger, Thailand, Venezuela, Turkmenistan, Azerbaijan, Indonesia, and Peru. Great Wall Drilling Company (GWDC) carries out a range of exploration projects on behalf of CNPC.

Founder – State-owned
Founded – 1988
Industry – Oil and gas
Employees – 16,36,532
Country – China
Revenue – $326.008 billion

Royal Dutch Shell

Royal Dutch Shell, more commonly known as Shell, is a British-Dutch oil and gas company headquartered in the Netherlands. It is incorporated in the United Kingdom and is one of the six oil and gas “supermajors”. Shell is the fifth largest company in the world and the largest in Europe based on revenues. The company’s 2013 revenues were equivalent to 84% of the $556 billion Gross Domestic Product (GDP) of the Netherlands.

The firm is active in every area of the oil and gas sector including exploration, production, refining, transport, distribution and marketing of petrochemicals, power generation and trading. The company also deals in renewable energy activities like biofuels, wind energy, and hydrogen energy. It has a presence in more than 70 countries and produces more than 3.7 million barrels of oil per day.

Founder – Marcus and Samuel Samuel
Founded – 1907
Industry – Oil and gas
Employees – 84,000
Country – Netherlands
Revenue – $311.870 billion

Toyota

Toyota Motor Corporation is a Japan-based multinational automotive manufacturer. As of September 2018, it was the sixth largest company in the world measured by revenues and in 2017, it was the largest automotive manufacturer. It produced more than 10 million vehicles every year and reported the production of its 200-millionth vehicle. In 2014, it became the largest listed company in Japan by market capitalization.

The automotive company is the market leader in sales of hybrid electric vehicles and one of the few starters to encourage the mass-market adoption of hybrid vehicles. It is the market leader in hydrogen fuel-cell vehicles. The company’s cumulative global sales of Toyota and Lexus hybrid passenger car models achieved the ’10 million’ milestone in January 2017. The company was formed as a spinoff from the founder’s father’s company Toyota Industries to manufacture automobiles.

Founder – Kiichiro Toyoda
Founded – 1937
Industry – Automotive
Employees – 3,69,124
Country – Japan
Revenue – $265.172 billion

Volkswagen

Internationally known as the Volkswagen Group, this Germany-based automobile manufacturing company is called Volkswagen AG locally. It is indirectly majority owned by the Austrian Porsche-Piëch family. The company designs, manufacture and distribute passenger car vehicles, commercial vehicles, motorcycles, engines, and turbomachinery. Some of the common brands owned by the firm are Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Skoda, Ducati, and TRATON.

In 2016, it overtook Toyota to become the world’s largest automaker by sales selling more than 10.8 million vehicles. The company maintained its largest market share in Europe for more than two decades. Founded in 1937 to manufacture the much-known car “Beetle”, the company gradually expanded its operations to more than 150 countries with more than 100 production facilities. It has two major joint-ventures in China called FAW-Volkswagen and SAIC-Volkswagen.

Founder – German Labour Front
Founded – 1937
Industry – Automotive
Employees – 6,42,292
Country – Germany
Revenue – $260.028 billion

BP

Formerly known as The British Petroleum Company, BP is a multinational oil and gas company based in London. The company operates in areas like exploration, production, refining, distribution and marketing of petrochemicals, power generation as well as trading. The company also works in areas like biofuels and wind power. The company has operations in 70 countries around the world. It is the sixth-largest energy company in the world by market capitalization.

As of December 2017, the firm produced 3.6 million barrels of oil equivalent per day and had total proved reserves of 18.441 billion barrels. The company has 19,000 service stations worldwide. BP was founded back in 1908 as the Anglo-Persian Oil Company established as a subsidiary of Burmah Oil Company. In 1935, it became Anglo-Iranian Oil Company after it exploited oil discoveries in Iran and later became British Petroleum in 1954.

Founder – William Knox D’Arcy
Founded – 1909
Industry – Oil and gas
Employees – 74,000
Country – United Kingdom
Revenue – $244.582 billion

Exxon Mobil

Exxon Mobil Corporation, commonly known as ExonnMobil, is a US-based multinational oil and gas corporation which is the largest direct descendent of John D. Rockefeller‘s Standard Oil Company. It was formed in 1999 by the merger of Exxon and Mobil, the Standard Oil Companies of New Jersey and New York respectively. ExxonMobil’s major brands include Exxon, Mobil, Esso, and ExxonMobil Chemical.

It is one of the largest oil companies in the world. As of 2007, the company produced 3.921 million barrels of oil equivalents per day. It was the largest oil company in the United States by 2017 revenue. However, the company has a significantly lower production than most of the publicly owned companies. In 2008, the production was approximately 3% of the total world oil and gas production.

Founder – John D. Rockefeller
Founded – 1999
Industry – Oil and gas
Employees – 71,200
Country – United States
Revenue – $244.363 billion

Berkshire Hathway

Berkshire Hathway is a US-based multinational conglomerate holding company which owns GEICO, Duracell, Dairy Queen, BNSF, Fruit of the Loom, Long & Foster, Lubrizol, Helzberg Diamonds, FlightSafety International, NetJets, and Pampered Chef. The firm is widely known for its leadership by Warren Buffet who serves as the chairman and chief executive of the firm. However, the firm was founded by Olver Chace.

The company also owns stakes in firms like American Express, Wells Fargo, The Coca-Cola Company, Apple and Bank of America. As of February 2019, the firm became the fifth largest company in the S&P 500 Index by market capitalization. Berkshire Hathway is famous for having the most expensive price in history with Class A shares costing around ₹2.1 crores each. It also holds shares in major US airline carries like United Airlines and Delta Airlines.

Founder – Oliver Chace
Founded – 1839
Industry – Conglomerate
Employees – 3,77,000
Country – United States
Revenue – $242.137 billion

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