When the tough battle to secure the topmost position is on, what are the most profitable companies in the world? Read on to discover the richest companies in the world 2019.
Net worth- $485.87 billion
Walmart- the biggest company in the whole world. Both in terms of profit and number of employees, it is the largest.
Sam Walton in 1962 founded this company.
Its hypermarkets, discount departmental stores, grocery stores operate in Canada, US, UK as well as Argentina, Chile, Brazil, India, Japan, Mexico.
2. State Grid
Country – China
Net worth- $315.19 billion
State Grid is the electric utility company.
The largest corporation in China in terms of revenue. The
second largest corporation in the world. Founded in 2002. It presently serves Brazil,
Australia, Italy, and the Philippines
as well as China.
3. Sinopec Group
Net Worth: $267.51 billion
It is amongst the top three biggest companies in the
Sinopec is Petroleum refining industry, i.e., an oil
and gas company based in Beijing. Founded in 1998. Sinopec involves the
production of petroleum products like gasoline, diesel, and jet fuel.
4. China National Petroleum Corporation
Net Worth: $262.57 billion
Founded in 1988. Headquarter in Beijing.
China National Petroleum Corporation is China’s
biggest integrated energy corporation. Besides Petroleum refining, oil and gas,
the company also plans to include the renewable energy sector in order to
tackle the issue of environmental protection.
CNPC runs production and exploration ventures in
countries- Venezuela, Thailand, Iran, and Canada.
Net Worth: $254.69 billion
Founder is Kiichiro Toyoda. Founded in 1937. Headquarters
in the city of Toyota in Japan’s Aichi region. Toyota produces vehicles under
five brands: Hino, Ranz, Daihatsu, Lexus, and Toyota. Japan’s largest company.
It’s industry includes motor
vehicles and parts.
Toyota is the largest automotive maker and also a
leader in the hybrid electric car sector in the world.
6. Volkswagen Group
Net Worth: $154.89 billion
Founded in 1937. Founder of Volkswagen or “people’s
car” was German Labour Front under Adolf Hitler.
Headquarters in Wolfsburg in the Lower Saxony region
These are affordable cars for masses, unlike the luxury vehicles. Main markets are in Germany and China. The Volkswagen Group, world’s biggest automaker and controls top brands such as Skoda, MAN, Bugatti, Bentley, Scania, SEAT, Lamborghini, and Audi.
7. Royal Dutch Shell
Country: The Netherlands, UK
: $240.03 billion
Founded in 1907.
Headquarters in the The Hague, Netherlands. Referred to as Shell.
Incorporated in the UK. Royal Dutch Shell is one amongst the -Big Oil companies in the world. It is active in exploration, refining, distributing, and power generation.
8. Berkshire Hathaway
Net Worth: $223.6 billion
Was founded in year 1839. Headquarters in Omaha, Nebraska. Presently controlled and led by Warren Buffett. This conglomerate holding company owns BNSF Railway, GEICO and Helzberg Diamonds, Dairy Queen, and also has shares in the American Express, Kraft Heinz Company, The Coca-Cola Company, and United Airlines.
Net Worth: $215.63 billion
Founders: Steve Wozniak, Ronald Wayne and late Steve
Jobs. Ranked “one of the best global brands”. Industry of computers and office
equipment.Apple company design, develop and sell consumer electronics, online
services and computer software. Owns and operates around 500 stores across 22
10. Exxon Mobil
Net worth: $205 billion
in Irving, Texas. Founded in 1870. Merger of 2 companies in 1999: Exxon and
Mobil. The largest of the Big Oil Companies of the world. 37 oil refineries in just
Net worth: $198.53 billion
John McKesson and Charles Olcott co-founded in 1833. It
began as wholesaler and importer of botanical drugs. The industry involves Healthcare sector. After
Olcott’s death Daniel Robbins later joined the company. It was renamed as McKesson
& Robbins, before changing back to
McKesson in 2001 because of the dismissal and prosecution of many executives.
12. BP-British Petroleum
Net Worth: $186.6 billion
Founded in 1908 as an Anglo-Persian Oil Company. Later it became the
Anglo-Iranian Oil Company in 1908 and, lastly, BP in 1954.
BP -British Petroleum, is one of the world’s seven oil
and gas giant enterprises.
13. United Health
Net Worth: $184.84 billion
Founded in 1977. Founder Richard T Burke. It serves in
healthcare and offers products and services through 2 subsidiaries: Optum and UnitedHealthcare.
Together, the two subsidiaries serve around 115 million customers. It is one of
the top companies in the US for self-insured health plans it offers.
14. CVS Health
Net Worth: $177.52 billion
Began as a chain of health and beauty aid stores in 1964. Later pharmacies were added. CVS Health currently has stores more than 9,700 in 49 states. In the US, it is one of the largest employers of nurse practitioners and pharmacists and one of the richest companies.
15. Samsung Electronics
Country: South Korea
Net Worth: $173.95 billion
Founded in the year 1969. Its industry includes Electronics and
electrical equipment. It is currently the world’s second largest IT company (after
Apple) and also the biggest mobile phone and smartphone manufacturer.
Net Worth: $173.88 billion
Founded in the year 1973. Based in Baar, Switzerland. Founder a billionaire commodity trader Marc Rich. Glencore -is an acronym for Global Energy Commodity Resources. It is an Anglo-Swiss multinational mining and commodity trading company. The current company is formed by the merger of Glencore and Xstrata in 2013. World’s largest family business. It is one of the top employers in Switzerland and one of the richest companies.
Founded – Harry John Lawson(motor industry pioneer and
fraudster) in 1896.
Awarded a Royal Warrant in order to provide cars to
the British monarch In 1902. Lost this privilege in the 1950s. Sold to Jaguar
Motors in 1960, who continues to use the same name-Daimler.
18. General Motors
Net Worth: $166.38 billion
Founded in 1908 as a holding company. Founder- Buick owner William C Durant.
The present company was formed following the -Chapter 11 bankruptcy of General Motors Corporation in 2009. Before bankruptcy, it was the world’s biggest automobile manufacturer. Currently, General Motors designs, manufactures, markets and also distributes vehicles in 37 countries around 12 brands, such as Buick, Chevrolet, and Cadillac and has become one of the richest companies
Net Worth: $163.78 billion
Origin -the Bell Telephone Company. This original was
invented by Alexander Graham Bell after the invention of telephone. Currently, the
world’s largest telecommunications company. 21st largest mobile telecom
operator in the world. It has around 138.8 million mobile customers. Telecommunications
Net Worth: $154.89 billion
The industry is Diversified Financials. In the Netherlands. Controlled by the Agnelli family. It is a multi-industry business dynasty. Founder Giovanni Agnelli – one of the original founders of Piedmont which is the FIAT motor company now. The investment company presently has holdings in a number of companies, including Juventus FC, Ferrari, and Fiat Chrysler Automobiles.
These are the top 20 world’s richest companies. For more such enticing details stay connected.