The 20 Richest Companies in the World

The goal of Walmart is always to provide everything a person needs, from groceries to clothing, for a low price. This number-one rich company is also the world’s most enormous public corporation. Apple is well-known for its innovative designs, which they create, https://bigbostrade.com/education-forex-trading-hours-clock-table-html/ innovate, and distribute to as many retailers as possible. Yet the company has branched out to add even more money to its impressive income stream in recent years. Apple Music and AppleTV+ have set the stage for the tech giant to grow in new directions.

As of 2021, it has 10,526 retail stores operating in 24 different countries. It is one of the world’s largest employers providing employment to 2.2 million workers across the globe. In case you happen to be new to the world of investing, the market cap is arrived at by multiplying the company’s current market price by outstanding shares issued by the company. This company makes this company the world’s third most valuable company.

#96 Lloyds Banking Group

The bank offers services, including personal and corporate banking, online banking, and the distribution of bank cards. ADCB offers financial services and is based in Abu Dhabi, United Arab Emirates (UAE). They specialize in corporate and retail banking, foreign exchange, cash management, and property management. Their headquarters are located in Charlotte, NC, and they claim to serve 67 million customers, including small business clients. The bank serves its customers in 35 countries, has 4,000 retail locations, and has 16,000 ATMs worldwide. The Fortune 500 list of companies includes only publicly traded companies, also including tax inversion companies.

• Louis Vuitton Moët Hennessy, popularly known as LVMH, is a France-based luxury goods company with a revenue of 53.7 billion Euros.
• Saudi Aramco also operates a chemicals business that makes products such as aromatics and olefins and complex products such as synthetic rubber.
• It researches, develops, manufactures, and markets human pharmaceuticals for the global market.
• Parent company Lionsgate, which acquired Starz for $4.4 billion in December 2016, plans to separate next year.
• This is the list of the largest companies in the USA by market capitalization.

Industry-specific and extensively researched technical data (partially from exclusive partnerships). You don’t necessarily have to be a resident of the UAE to use the bank’s services. They also operate in parts of the United Kingdom, making plenty of money from multiple streams. This insurance, pharmacy benefit provider, and healthcare service can also be seen conducting business under the names Optum and UnitedHealthcare.

#149 China Citic Bank

Together with 27 companies, Tesla established the Zero Emission Transport Association (ZETA) in 2020 to transform internal combustion engines into electric. Tesla has around 598 retail stores and 70,000 employees in various parts of the world. Sergey Brin and Larry Page established this company in 1998 while studying at Stanford University.

Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. The Washington Post is expected to lose $100 million in revenue this year and had let go 20 employees last January. Furthermore, on December 7 about 750 union members of the Washington Post Guild went on a one-day strike, protesting management not negotiating in good faith. We used stock prices and exchange rates from March 11, 2022 to calculate net worths.

#13 Bank of China

However, the powerhouse is also working to meet global energy standards by working to offer clean and safe energy to all. As one of the three largest banks in China, it might be surprising to some that this bank didn’t go public until 2010. The bank offers its plentiful consumers personal banking, corporate banking, treasury operations, and more. This bank does everything from financial products to the money market or repurchase tractions. While the headquarters are in Beijing, this corporation operates internationally. As a result, they can claim that they are the most significant Chinese oil company by both volume and revenue.

• The company also operates Facebook Reality Labs, which offers augmented and virtual reality products.
• In the past, the trading companies, railroads, and steelworks dominated.
• This business calls Beijing, China, its home and specializes in real estate development, housing construction, infrastructure construction, and investments.
• Alphabet Inc is an American multinational company that is the parent company of Google LLC and other subsidiary companies.

It operates digital content stores, provides cloud and payment services, and recently launched AppleTV+, a streaming service for on-demand entertainment content. We used the latest-12-months’ financial data available to us as of April 22, 2022 to calculate the metrics used for our ranking. Visa Inc provides a platform for financial institutions with payment products that can be used to offer https://forex-world.net/strategies/price-action-forex-trading-method-tutorial-pa/ credit, debit, and prepaid cards to their customers. TSMC was founded in the year 1987 by Morris Chang, and it is presently owned by foreign investors. The company achieved sales of $51.44 billion in 2021 and has a 56,800-strong workforce across the globe. Microsoft, which is headquartered in Redmond, Washington, achieved revenue of  $143 billion and has 166,475 employees on its payroll.

#59 Mitsubishi UFJ Financial Group

California-based Meta Platforms Inc, the parent company of social media giant Facebook, is the eighth-largest company in the world, with a market cap of $457.80 billion. Apple Inc, a Cupertino-based American tech company, is the most valuable company in the world, with a record market cap of $ 2.294 Trillion. Apple is the most successful brand, with a revenue of $275 billion dollars as of 2023. It was https://day-trading.info/everything-you-need-to-know-about-bonds-2020/ founded in the year 1976 by three tech wizards – Steve Wozniak, Ronald Wayne, and Steve Jobs. As of May 2022, Apple has a $2.223 Trillion market capitalization and is considered one of the largest companies, with 516 retail stores and around 147,000 employees. Apple Incorporation’s ranking is the second most valuable company globally, following Saudi Aramco in Saudi Arabia, with a $2.332 Trillion.