Top 10 Biggest Companies in the World

Most companies around the world are small businesses. They are oftentimes called the backbone of a country and the local economy. But then there are also the mega corporations that influence the entire global economy. Their revenues go well into the billions, making even more than some entire countries put together. But what are the biggest companies in the world? Our updated Top 10 ranking will show you just that. The ranking is based on the most recent revenues a company managed to earn.

top 10 biggest companies in the world

The 10 Biggest Companies in the World 2020

(Last Update: February 2020)

1. WALMART
Revenue: $514.4 billion
2. SINOPEC
Revenue: $414.6 billion
3. ROYAL DUTCH SHELL
Revenue: $396.6 billion
4. CHINA NATIONAL PETROLEUM
Revenue: $393.0 billion
5. STATE GRID
Revenue: $387.1 billion
6. SAUDI ARAMCO
Revenue: $355.9 billion
7. BP
Revenue: $303.7 billion
8. EXXONMOBIL
Revenue: $290.2 billion
9. VOLKSWAGEN
Revenue: $278.3 billion
10. TOYOTA
Revenue: $272.6 billion

1. Walmart

Walmart - biggest company in the world

Founded in: 1962
Based in: Bentonville, Arkansas, USA
Worldwide number of employees: ~ 2.2 million
Type of Industry: Retail

Walmart is the biggest company in the world right now. The American retail company generated an astounding revenue of $514.4 billion in 2019. This number is even more impressive if you consider that Walmart isn’t even active all around the world. It has a rather slim presence in Europe for example. But the Arkansas-based company founded by Sam Walton in 1962 remains the by far most popular supermarket in the Americas, which contributed most to Walmart’s half trillion revenue last year. By employing more than 2 million worldwide, Walmart is also the largest private employer in the world.

2. Sinopec

sinopec - second of the 10 biggest companies in the world

Founded in: 2000
Based in: Beijing, Municipality of Beijing, China
Worldwide number of employees: ~ 250,000
Type of Industry: Oil & Gas

Sinopec is the world’s second biggest company by revenue. The state-owned Chinese Oil and Gas company belongs to both the world’s biggest producers of refined oil as well as gas. The Beijing-based corporation generated a total revenue of $414.6 billion last year. Pretty impressive for a company that only exists since 2000.

3. Royal Dutch Shell

Shell - number 3 of the 10 biggest companies in the world

Founded in: 1907
Based in: The Hague, South Holland, Netherlands
Worldwide number of employees: ~ 82,000
Type of Industry: Oil & Gas

The third among the Top 10 biggest companies in the world is also a Oil and Gas company. Royal Dutch Shell earned a revenue of 396.6 billion in the previous year. The Hague-based company owns oil and gas wells all around the world and has so for over a century. Royal Dutch Shell is in fact the oldest company in the current Top 10 of the biggest companies in the world.

4. China National Petroleum

CNPC.svg

Founded in: 1988
Based in: Beijing, Municipality of Beijing, China
Worldwide number of employees: ~ 1.6 million
Type of Industry: Oil & Gas

The fourth largest company is yet again an Oil & Gas company and yet another state-owned Chinese one at that. The China National Petroleum Corporation generated a total revenue of $393 billion last year. Beijing-based China National Petroleum is significantly older than Sinopec and, while also government-owned, is known to be a bit more open to private investors.

5. State Grid

State Grid Corporation of China logo.svg

Founded in: 2002
Based in: Beijing, Municipality of Beijing, China
Worldwide number of employees: ~ 1.5 million
Type of Industry: Electric Power

The State Grid Corporation of China concludes the Top 5 of the currently biggest companies in the word. The company is of course also state-owned and generated a total revenue of $387.1 billion during last year. State Grid is a electric utility company which enjoys a monopoly on the Chinese market (which happens to be the most populous in the world). State Grid builds and owns all power plants and other electrical infrastructure in China. The corporation recently also started to invest in oversea projects.

6. Saudi Aramco

Saudi Aramco logo.svg

Founded in: 1988
Based in: Dhahran, Eastern Province, Saudi Arabia
Worldwide number of employees: ~ 67,000
Type of Industry: Oil & Gas

7. BP

BP Helios logo.svg

Founded in: 1909
Based in: London, England, UK
Worldwide number of employees: ~ 73,000
Type of Industry: Oil & Gas

8. ExxonMobil

Exxon Mobil Logo.svg

Founded in: 1999
Based in: Irving, Texas, USA
Worldwide number of employees: ~ 71,000
Type of Industry: Oil & Gas

9. Volkswagen

Volkswagen logo 2019.svg

Founded in: 1937
Based in: Wolfsburg, Lower Saxony, Germany
Worldwide number of employees: ~ 665,000
Type of Industry: Automobiles

10. Toyota

Toyota.png

Founded in: 1937
Based in: Toyota, Aichi, Japan
Worldwide number of employees: ~ 370,000
Type of Industry: Automobiles


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