In this post, we are to be going through the list of the richest companies in the world and we’ll be bringing you the most comprehensive list in this post so, stay tuned.
The list of the richest companies in the world is my consolidated 2020 revenue which is according to the fortune global 500 which its latest edition was published on the 10th of August 2020. top American retail corporation known as Walmart has been leading the least since 2014 as the world’s richest company by revenue.
Dodo’s official list of the richest companies and the world is being limited to only the top 50 companies and these companies have annual revenues that exceed 123 billion dollars. most of these top 50 richest companies in the world are either from China or in the United States.
Only the companies in the world that report their figures to government agencies or publish their financial data are included. That is why this list is not complete because it excludes multinational companies like Koch Industries, Vigil, Cargill, and Schwartz group because they refused to publish their financial data.
Over the past centuries and decades, there are some firms or corporations that have true hard work share diligence, and strong resilience built their Brand from scratch off to the peak of its bloom and the global center stage is that it is on this current day.
These companies have become a big influence on the financial economy of today’s world and they also influence some charitable causes around the world.
By the market value of these companies after their total outstanding shares a big calculator, you will determine the richest companies that exist in today’s world in 2020 and this is being calculated and billions of US dollars.
Let’s take a brief look at some of these richest companies in the world in 2020:
Walmart is known as one of the biggest American companies and one of the largest companies in the world by market capitalization.
Walmart began as a small discount store in just a location and within the half past century, it has risen to a higher rank with several outlets in every state in the United States.
This company employs over 2 million workers through the national chain and is known to be highly active pertaining to philanthropy. It donates generously to charitable causes throughout the nation.
Walmart has put into implementation several new marketing strategies which include online shopping through an online ordering system and e-commerce format with even a parking lot pick up for its customers who choose not to enter the building.
2. Proctor and Gamble
Procter and Gamble have been active as a corporation since the 5th of May 1905 making it one of the oldest companies you can find on this list.
This company is more than a century-year-old yet it develops packaged goods that are branded for consumers on a global level and supplies to over 189 countries.
Bee supply retailers with their skincare products which feature brands like olay, old spice, and others it also supplies styling aids, hair care, grooming products, shaving appliances, and also hair care products under well-known and prominent brand names.
3. Royal dutch shell
Royal dutch shell plc is a highly prominent oil and gas company that is actively involved in the production of natural gas.
This oil company engages in all the functionalities undertaken by oil-producing companies which include upstream-downstream and corporate integrated gas.
shell company manages the exploration for natural gas crude oil and natural gas liquids and it also involved in the extraction of oil and gas resources and the total conversion of natural gas in these countries into liquid fuels.
Samsung electronic company is a renowned technological conglomerate in the world that sells manufactures and supplies computer electronics and peripherals around the world.
This company is one of the richest companies in the world that has multiple divisions in cooperation which includes consumer electronics like air conditioners, televisions, printers, household appliances, monitors, Mobile communications, information technology, and device solutions.
5. Exxon Mobil
This company is known to be one of the wealthiest companies in the world but its focus is solely on the distribution of responsible fuel and the provision of energy to the world.
Sony specialized in the exploration of oil and natural gas in the world and the production of quality chemical products. They also venture into research and development of Earth-friendly technologies which should be involved in the oil and gas exploration and production.
List of richest companies in the world and revenues in 2020
|USD millions||USD millions|
|1||Walmart||Retail||Increase $523,964||$14,881||2,200,000||United States|
|2||Sinopec Group||Oil and gas||Decrease $407,009||$6,793||582,648||China|
|3||State Grid||Electricity||Decrease $383,906||$7,970||907,677||China|
|4||China National Petroleum||Oil and gas||Decrease $379,130||$4,433||1,344,410||China|
|5||Royal Dutch Shell||Oil and gas||Decrease $352,106||$15,842||83,000||Netherlands|
|6||Saudi Aramco||Oil and gas||Decrease $329,784||$88,211||79,000||Saudi Arabia|
|8||BP||Oil and gas||Decrease $282,610||$4,026||72,500||United Kingdom|
|9||Amazon||Retail||Increase $280,522||$11,588||798,000||United States|
|11||ExxonMobil||Oil and gas||Decrease $264,938||$14,340||74,900||United States|
|12||Apple||Electronics||Decrease $260,174||$55,256||137,000||United States|
|13||CVS Health||Healthcare||Increase $256,776||$26,634||290,000||United States|
|14||Berkshire Hathaway||Financials||Increase $254,616||$81,417||391,500||United States|
|15||UnitedHealth||Healthcare||Increase $242,155||$13,839||325,000||United States|
|16||McKesson||Healthcare||Increase $231,051||$900||70,000||United States|
|18||China State Construction||Construction||Increase $205,839||$3,333||335,038||China|
|19||Samsung Electronics||Electronics||Decrease $197,705||$18,453||287,439||South Korea|
|21||Ping An Insurance||Financials||Increase $184,280||$21,627||372,194||China|
|22||AT&T||Telecommunications||Increase $181,193||$13,903||247,800||United States United States|
|23||AmerisourceBergen||Healthcare wholesale||Increase $179,589||$855||21,500||United States|
|25||Total||Oil and gas||Decrease $176,249||$11,267||107,776||France|
|27||Trafigura||Commodities||Decrease $171,474||$872||5,106||Singapore Singapore|
|28||Exor||Holding company||Decrease $162,754||$3,417||268,979||Netherlands|
|29||Alphabet||Internet||Increase $161,857||$34,343||118,899||United States|
|30||China Construction Bank||Financials||Increase $158,884||$38,610||370,169||China|
|31||Ford||Automotive||Decrease $155,900||$47||190,000||United States|
|32||Cigna||Healthcare||Increase $153,566||$5,104||73,700||United States|
|33||Costco||Retail||Increase $152,703||$3,659||201,500||United States|
|34||AXA||Financials||Increase $148,984||$4,317||99,843||France France|
|35||Agricultural Bank of China||Financials||Increase $147,313||$30,701||467,631||China China|
|36||Chevron||Oil and gas||Decrease $146,516||$2,924||48,200||United States|
|37||Cardinal Health||Pharmaceutical distribution||Increase $145,534||$41,363||49,500||United States United States|
|38||JPMorgan Chase||Financials||Increase $142,422||$36,431||256,981||United States|
|39||Honda||Automotive||Decrease $137,332||$4,192||218,674||Japan Japan|
|40||General Motors||Automotive||Decrease $137,237||$6,732||164,000||United States|
|41||Walgreens Boots Alliance||Retail||Increase $136,866||$3,982||287,000||United States|
|43||Bank of China||Financials||Increase $135,091||$27,127||309,384||China|
|44||Verizon||Telecommunications||Increase $131,244||$19,265||135,000||United States|
|45||China Life Insurance||Insurance||Increase $131,244||$4,660||180,401||China|
|47||Microsoft||Computer Software||Increase $125,843||$39,420||144,000||United States|
|48||Marathon Petroleum||Oil and gas||Increase $124,813||$2,637||60,910||United States|
|49||Huawei||Electronics||Increase $124,316||$9,062||194,000||China China|
|50||China Railway Engineering Corporation||Construction||Increase $123,324||$1,535||302,394||China|