The 15 Largest Companies in the World [2020 Forbes]

Largest Companies in the World

What are the biggest companies in the world? Multinationals have conquered the world and each of the companies on the list of largest companies in the world makes billions of profits every year. A highlight for banks, which are the majority at the top.

The Global 2000 Forbes ranked the world’s largest companies according to four criteria: sales, profits, assets and market value. The companies on this list are just public investment companies, which sell shares on the stock exchange. There are other private companies that probably have more money but no one knows their true value. Let us quickly check out the biggest companies in the world according to Forbes ranking…

List Of Largest Companies In The World

15. Toyota Motor

Toyota

  • Country: Japan
  • Sector: automotive industry
  • Sales: $ 272.1 billion
  • Goods: $ 465.6 billion
  • Profit: $ 17.2 billion
  • Market value: US $ 176.6 billion

Who doesn’t need a car? Toyota is known for producing quality cars at affordable prices. The company has also invested a lot in hybrid cars and more environmentally friendly also one of the best car producers in the world. Toyota’s highly efficient production and assembly method has revolutionized the automotive industry.

14. Citigroup

Citigroup
Image Credit: Reuters
  • Country: United States
  • Sector: Bank
  • Sales: $ 100 billion
  • Goods: $ 1.9 trillion
  • Profit: $ 17.9 billion
  • Market value: US $ 161.1 billion

Headquartered in New York, Citigroup emerged in 1998 from the merger between Citicorp and Travelers Group. Today, it is one of the largest companies in the world, the 5th largest in assets, and has approximately 204 thousand employees.

13. Samsung Electronics

  • Country: South Korea
  • Sector: Information technology
  • Sales: $ 221.5 billion
  • Goods: $ 304.1 billion
  • Profit: $ 39.9 billion
  • Market value: $ 272.4 billion

Currently, Samsung is a leader in the production of quality smartphones at (relatively) affordable prices. The company also produces tablets, batteries and parts for technology from other brands, such as Apple.

12. AT&T

AT & T

  • Country: United States
  • Sector: telecommunication services
  • Sales: $ 170.8 billion
  • Goods: $ 531.9 billion
  • Profit: $ 13 billion
  • Market value: $ 233.3 billion

AT&T is the largest telecommunications company in the world. The company is a descendant of the company founded by Alexander Graham Bell, the inventor of the telephone. AT&T provides Internet, television, telephone and cell phone services to thousands of people in the United States.

11. ExxonMobil

ExxonMobil

  • Country: United States
  • Sector: Oil and gas operations
  • Sales: $ 279.2 billion
  • Goods: $ 346.2 billion
  • Profit: $ 20.8 billion
  • Market value: $ 343.4 billion

ExxonMobil is one of the largest oil companies in the world. Despite doing some research in the area of ​​renewable energies, its focus is on gasoline and natural gas and the company supports groups that deny the impact of humanity on the environment.

10. Wells Fargo

  • Country: United States
  • Sector: Bank
  • Sales: $ 101.5 billion
  • Goods: $ 1.9 trillion
  • Profit: $ 23.1 billion
  • Market value: $ 214.7 billion

American banks are powerful! Despite having gone through a series of scandals and court cases in recent years, Wells Fargo remains one of the largest banks in the world. With so much money, the bank is able to hire very good lawyers …

9. Royal Dutch Shell

  • Country: Netherlands
  • Sector: Oil and gas operations
  • Sales: $ 382.6 billion
  • Goods: $ 399.2 billion
  • Profit: $ 23.3 billion
  • Market value: $ 264.9 billion

Money moves the world, but without oil, the world does not move! Shell extracts, refines and sells oil products in various parts of the world. The company also controls part of Raizen, a very large energy company in Brazil. Despite having a lot of money, Shell does not invest much in caring for nature and has caused a lot of destruction in Nigeria.

8. Bank of China

  • Country: China
  • Sector: Bank
  • Sales: $ 126.7 billion
  • Goods: $ 3 trillion
  • Profit: $ 27.5 billion
  • Market value: $ 143 billion

Founded in 1929, the Bank of China is the oldest Chinese bank still in operation. It offers financial services to individuals, businesses and even governments. In addition, it has several relatively independent subsidiaries around the world.

7. Ping An Insurance Group

  • Country: China
  • Industry: Insurance
  • Sales: $ 151.8 billion
  • Goods: $ 1 trillion
  • Profit: $ 16.3 billion
  • Market value: $ 220.2 billion

Yes, insurance companies make a lot of money! Ping An Insurance Group controls several insurance companies from various sectors and even has a bank with the same name. One of the tallest buildings in the world belongs to this company.

6. Apple

Apple

  • Country: United States
  • Industry: Hardware
  • Sales: $ 261.7 billion
  • Goods: $ 373.7 billion
  • Profit: $ 59.4 billion
  • Market value: $ 961.3 billion

Just look at the price of an iPhone to understand why Apple makes such a profit. Known for producing innovative and quality technology, this company is not afraid to charge a lot for its computers, cell phones, tablets etc.

5. Bank of America

Bank of America - Largest Companies in the World

  • Country: United States
  • Sector: Bank
  • Sales: $ 111.9 billion
  • Goods: $ 2.3 trillion
  • Profit: $ 28.5 billion
  • Market value: $ 287.3 billion

10% of all deposits in the United States are at the Bank of America! The large American bank also has branches in other countries and many international financial businesses. In recent years, the company has invested more in digital banking services.

4. Agricultural Bank of China

Biggest Companies in the World

  • Country: China
  • Sector: Bank
  • Sales: $ 137.5 billion
  • Goods: $ 3.3 trillion
  • Profit: $ 30.9 billion
  • Market value: $ 197 billion

What started as an agricultural bank is now one of the largest banks in the world. When it went public in 2010, the bank had record levels of international investment! The bank was also the target of China’s biggest theft (but that did not affect the company’s success).

3. China Construction Bank

Largest Companies in the World - CCB

  • Country: China
  • Sector: Bank
  • Sales: $ 150.3 billion
  • Goods: $ 3.4 trillion
  • Profit: $ 38.8 billion
  • Market value: $ 225 billion

Yes, it is another Chinese bank. China Construction Back had great growth and went up a lot in the ranking, reaching the third position (it was the second in 2018). The bank is currently investing in the international market, looking to open more branches in other countries.

2. JPMorgan Chase

JPMorgan Chase - One of the Largest Companies in the World

  • Country: United States
  • Sector: Bank
  • Sales: $ 132.9 billion
  • Goods: $ 2.7 trillion
  • Profit: $ 32.7 billion
  • Market value: $ 368.5 billion

JPMorgan Chase is a financial services company that has a bank, investment funds and all kinds of commercial acts. It is the largest bank in the United States and even finances election campaigns. Despite having lost billions in a bad deal, the company remains firmly at the top of the ranking.

1. ICBC

ICBC - Largest Company in the World

  • Country: China
  • Sector: Bank
  • Sales: $ 175.9 billion
  • Goods: $ 4 trillion
  • Profit: $ 45.2 billion
  • Market value: $ 305.1 billion

Forget the Illuminati: banks dominate the world! The Industrial and Commercial Bank of China (known only as ICBC) belongs to the Chinese state and has investments and branches in various parts of the world, ICBC is the largest company in the world. The trend favors Chinese banks.

Leave a Reply