List of the 20 largest companies in the world (this year)
Posted: Wed Dec 11, 2024 10:21 am
There are hundreds of large companies that have redefined the free market and innovation in numerous industries.
Each of them stands out as a leader in its sector, which allows us to understand what makes them so successful, learn from them, and find new business opportunities.
If you want to know which are the most valuable companies in the world, below we will share with you a list of the most important ones according to their income and profits.
From retail to technology, oil and automotive, these companies currently dominate the global market.
Let's discover the 20 largest companies in the world!
The richest companies in the world according to their income
One of the most important factors in determining gambling data usa phone number how big a company is is its revenue. Therefore, we will first highlight the companies with the highest revenue in the world.
1
Walmart
One of the largest chain stores in the world
Walmart leads this ranking as one of the richest companies in the world due to its dominance in the international retail industry.
Its business model focuses on operating discount department store chains. It was founded by Sam Walton on July 2, 1962, and has been listed on the New York Stock Exchange since 1972.
Walmart has maintained its position over the past few years thanks to a customer-focused structure that adapts to the latest trends.
This is reflected in its figures, as in 2023 it recorded revenues of 611.289 billion dollars, with a profit of 147.568 billion dollars.
2
Amazon.com, Inc.
The e-commerce giant
If we talk about disruptive business models, we have to mention Amazon.com , which started as an online bookstore and in a short time created a new segment within the market with its e-commerce proposal.
Amazon is one of the world's largest retailers, not only because it is the most valuable retail brand in the world, according to the BrandZ index, but also because of its other business lines.
Founder Jeff Bezos has expanded Amazon into new territories, from film and television production to streaming and cloud services.
Amazon had a turnover of 574.785 billion last year.
3
State Grid Corporation of China
Innovating China's and the world's power system
You may not have heard of State Grid Corporation of China , but it is one of the most valuable companies in the world, with distribution and transmission of electric power in China and the rest of the world.
The company operates in nine countries, including China. With more than one billion employees, its turnover has exceeded 460 billion dollars in one year.
4
China National Petroleum Corporation
Developing China's oil infrastructure
Established in 1999 as a government-owned company, China National Petroleum Corporation is one of the largest oil and gas companies in the world.
It has reserves of 3.7 billion barrels of oil and operates in more than thirty countries. Its annual turnover is 2.807 trillion yuan.
5
China Petrochemical Corporation
The Chinese petrochemical giant
Another giant in the petrochemical industry is China Petrochemical Corporation , also known as Sinopec Group.
This conglomerate is engaged in the production of various petroleum products, as well as the exploration of crude oil and natural gas in China.
In 2023, its revenue was 3.21 trillion yuan, equivalent to 444.66 billion US dollars.
6
Saudi Aramco
Each of them stands out as a leader in its sector, which allows us to understand what makes them so successful, learn from them, and find new business opportunities.
If you want to know which are the most valuable companies in the world, below we will share with you a list of the most important ones according to their income and profits.
From retail to technology, oil and automotive, these companies currently dominate the global market.
Let's discover the 20 largest companies in the world!
The richest companies in the world according to their income
One of the most important factors in determining gambling data usa phone number how big a company is is its revenue. Therefore, we will first highlight the companies with the highest revenue in the world.
1
Walmart
One of the largest chain stores in the world
Walmart leads this ranking as one of the richest companies in the world due to its dominance in the international retail industry.
Its business model focuses on operating discount department store chains. It was founded by Sam Walton on July 2, 1962, and has been listed on the New York Stock Exchange since 1972.
Walmart has maintained its position over the past few years thanks to a customer-focused structure that adapts to the latest trends.
This is reflected in its figures, as in 2023 it recorded revenues of 611.289 billion dollars, with a profit of 147.568 billion dollars.
2
Amazon.com, Inc.
The e-commerce giant
If we talk about disruptive business models, we have to mention Amazon.com , which started as an online bookstore and in a short time created a new segment within the market with its e-commerce proposal.
Amazon is one of the world's largest retailers, not only because it is the most valuable retail brand in the world, according to the BrandZ index, but also because of its other business lines.
Founder Jeff Bezos has expanded Amazon into new territories, from film and television production to streaming and cloud services.
Amazon had a turnover of 574.785 billion last year.
3
State Grid Corporation of China
Innovating China's and the world's power system
You may not have heard of State Grid Corporation of China , but it is one of the most valuable companies in the world, with distribution and transmission of electric power in China and the rest of the world.
The company operates in nine countries, including China. With more than one billion employees, its turnover has exceeded 460 billion dollars in one year.
4
China National Petroleum Corporation
Developing China's oil infrastructure
Established in 1999 as a government-owned company, China National Petroleum Corporation is one of the largest oil and gas companies in the world.
It has reserves of 3.7 billion barrels of oil and operates in more than thirty countries. Its annual turnover is 2.807 trillion yuan.
5
China Petrochemical Corporation
The Chinese petrochemical giant
Another giant in the petrochemical industry is China Petrochemical Corporation , also known as Sinopec Group.
This conglomerate is engaged in the production of various petroleum products, as well as the exploration of crude oil and natural gas in China.
In 2023, its revenue was 3.21 trillion yuan, equivalent to 444.66 billion US dollars.
6
Saudi Aramco