These Are The 10 Largest Companies In The World

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US retail giant Walmart is the world’s largest company according to Fortune’s Global 500 list, taking the title for a third consecutive year.

Despite total sales falling for the first time in 2015, Walmart continues to be the world’s largest company with revenues worth US$482 billion last year. The company employs as much as 2.3 million people world wide.

The world’s 500 largest companies generated $27.6 trillion in revenues and $1.5 trillion in profits in 2015. Together, this year’s Fortune Global 500 companies employ 67 million people worldwide and are represented by 33 countries.

Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2016.

China’s state owned energy firm State Grid Corp ranked 2nd, from 7th previously, generating revenues of $329 billion, while China National Petroleum steps up to the third from its previous position of 4th, with $299 billion in revenues for 2015.

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Sinopec Group slipped to 4th spot with US$294 billion, with Royal Dutch Shell ($272.2 billion) rounding out the top five.

10 biggest companies in the world

# Company Employees Revenues
1 Walmart 2.3 million $482 billion
2 State Grid 927,839 $329.6 billion
3 China National petroleum 1.6 million $299.3 billion
4 Sinopec Group 810,538 $294.3 billion
5 Royal Dutch Shell 90,000 $272.2 billion
6 Exxon Mobil 75,600 $246.2 billion
7 Volkwagen 610,076 $236.6 billion
8 Toyota Motor 348,877 $236.6 billion
9 Apple 110,000 $233.7 billion
10 BP 79,800 $226 billion

See the full list here

Generating revenue of $210,821, Warren Buffett’s insurance and investing conglomerate Berkshire Hathaway, is ranked just outside the top 10 (11th), and is up from 14th spot in 2015.

In May, Forbes released its annual Global 2000 list, ranking the biggest companies across the world – including those from South Africa.

In its 2016 ranking, 13 South African companies made the list.

The biggest companies in South Africa

Rank Company Sales (US$bn) Profits (US$bn) Assets (US$bn) Market Value (US$bn)
317 Standard Bank Group 15.4 1.9 127.7 14.4
440 Steinhoff International 13.3 1.4 25.1 22.8
463 Sasol 13.3 1.4 24.4 20.9
502 FirstRand 5.8 1.7 73.5 18.5
523 MTN Group 11.5 1.6 20.3 18.9
680 Naspers 6.4 1.1 13.3 60.0
725 Sanlam 6.4 0.7 43.2 10.5
1062 Bidvest Group 15.1 0.5 6.6 8.4
1497 Shoprite Holdings 9.3 0.3 3.3 6.7
1529 Remgro 2.1 0.6 6.3 9.3
1590 Aspen Pharmacare 2.8 0.5 6.8 10.1
1652 MMI Holdings 5.3 0.2 29.0 2.6
1897 RMB Holdings 32.0 0.6 2.5 5.8

 

 

Source: Business Tech

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