Highest grossing companies in 2018 are company giants and all of them have investments in various niches such as properties, casualty insurance, aerospace, car industry, oil industry, sports betting industry, toys, sporting goods, media, real estate, restaurants
- Walmart ~ $486 billion
Founded in 1969, Walmart is the world’s largest retail chain store and it’s based in America. It has operations in Argentina, Brazil, Central America, Chile, Mexico, Canada, the UK, China, Africa, India, and Japan. It employs more than 2.3 million people worldwide.
- Sinopec ~ $350 billion
Sinopec is an oil and gas enterprise founded in 2000 and based in Beijing, China. Its parent organization is the China Petrochemical Corporation and it trades both in Shanghai and New York. It is the third largest enterprise in China as far as revenue is concerned. Lately, it employs 249, 142 people.
- State Grid Corporation of China ~ $330 billion
Informally referred to as the State Grid, this enterprise is the state-owned electric utility monopoly of China. Founded in 2002, the State Grid is the largest utility enterprise worldwide. Considering that China alone contains 1/7 of the world’s population, you can get the picture of how many people this enterprise serves. It has approximately 1 billion customers, who are always using its services. It employs roughly 930, 000 people. It provides electrical grids, electric power, and nuclear power transmission.
- Royal Dutch Shell plc ~ 305 $ billion
This century-old British-Dutch multinational oil and gas enterprise was founded in 1890. Its headquarters are in the Netherlands and it’s incorporated in the UK. You may know it as just ‘Shell’. Shell, as it is mostly known today, was formed in 1907 through the merging of the ‘Shell’ Transport and Trading Company of the UK and the Royal Dutch Petroleum Company of the Netherlands. It is part of the six oil and gas supermajors. Naturally, it provides petrochemical products, natural gas, and petroleum. It provides income for 92, 000 employees.
- Toyota ~ $265 billion
The Toyota Company has been in operation since 1937. It’s a multinational Japanese automotive manufacturer. I doubt there is anywhere in the world you’ll go where people don’t know Toyota. It’s headquartered in Toyota, Aichi, Japan and produces luxury vehicles, automobiles, commercial vehicles, and engines. It’s one of the companies that produce the highest amount of vehicle units in a year – more than 10 million units. It has 360, 124 employees.
- China National Petroleum Corporation (CNPC) ~ $263 billion
Founded in 1988, CNPC is a state-owned organization based in Dongcheng District, Beijing, China. Naturally, it is in the oil and gas industry and provides natural gas, petroleum, and alternative petrochemical products. It has 1, 636, 532 employees. It is one of the most prominent global integrated energy groups.
- Berkshire Hathaway Inc. ~ 242 $ billion
Berkshire Hathaway Inc. was initially called the Valley Falls Company between 1839 and 1955. Yes, this enterprise is almost two centuries old. It is an American multinational conglomerate holding enterprise that’s headquartered in Omaha, Nebraska in the US. This enterprise utterly owns major companies in the US and has significant shares in other major enterprises in the country like Apple (5%). It ventures in Diversified Investments, Food Processing, Property and Casualty Insurance, Aerospace, Automotive, Toys, Sporting goods, Media, Real Estate, the Internet, Consumer Products, Restaurants, and Utilities. It provides income for roughly 377, 000 people.
- Volkswagen ~ $240 billion
Coincidentally, this German auto company was founded in the very same year as Toyota, 1937. It’s based in Wolfsburg, Germany and is one of the largest global automakers. The German term ‘Volkswagen’ means “people’s car” and based on how successful the company is, there was no mistake in the company giving itself such a fitting name. It employs some 626,715 people.
- BP plc (British Petroleum) ~ 240 $ billion
BP was founded in 1908 and its headquarters are in London, England, UK. It is a global oil and gas organization and part of the world’s seven oil and gas supermajors. It’s a vertically integrated enterprise with operations in all aspects of the oil and gas industry inclusive of production, exploration, refining, petrochemicals, distribution and marketing, trading, and power generation. Furthermore, it ventures in biofuels, wind power, and renewable energy. Naturally, it provides petroleum, motor fuels, natural gas, petrochemicals, and aviation fuels. It provides income for 74, 000 people.
- Apple Inc. ~ 229 $ billion
Apple or Apple Inc. is a unique company in this list because most of the companies you’ve come across so far are in either the energy industry or automotive industry. That goes to tell you that Apple is an exceptional enterprise to make it among these giants. It was founded in 1976 and was initially called Apple Computer Company (1976 – 1977), and afterward, it was called Apple Computer Inc. until 2007. We all know Apple; it gives us iPods, iPhones, iPads, Apple TV, Apple Watch, macOS, HomePad, iOS, tvOS, iLife, iWork, Logic Pro, Final Cut Pro, watchOS, Apple Store, iTunes Store, Apple Pay, iBooks Store, iCloud, Apple Music, and basically all those products you’ve come across that either start with an ‘iSthg’, or have the words ‘Apple’ or ‘sthgOS’ somewhere. Apple Inc. provides income for 123, 000 people.
That’s all folks!
Kidal Delonix is a contributor to Mr. Hoffman's blog. The views and opinions are entirely his/her own and may not reflect Mr Hoffman's views.
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