Top Ten Richest Companies in the World

Top Ten Richest Companies in the World
The means and criteria of ranking the richest companies of the world range from revenue, profits, and market caps to the brand values of these companies. Most times, the influence a company has amassed in the stock market goes a great deal to determine its spot among other companies. It is based on this observation that we have, in this piece, decided to appraise and select the top ten richest companies in the world. This will however be based on their most recent accomplishments. While some of this companies are well known for their brand popularity, others are relatively unknown perhaps due to the nature of their products and/or services. The list for the Top Ten Richest Companies in the World are as follows (in ascending order):
British Petroleum (BP): BP plc, formaly known as British Petroleum, takes our no 10 spot on this list. They were said to have, in the year 2017, made a whopping revenue of 225 billion dollars. BP is a British multinational oil and gas company that has its headquarters located in London, England. They are currently one of the worl’s leading integrated oil and gas companies.
Apple Inc: Apple is currently the world’s largest tech company, as well as the world’s most profitable publicly traded company. Apple’s headquarters is located at Cupertino, California. Its sales have gained massive boosts over the years as ignited by their popular IPod music player and the very popular Iphone. Recently, the company are known to depend solely on their ever expanding phone brands to keep gaining control of the tech market. That is why it is no surprise that the company made a revenue of 233 billion dollars in the previous year. Apple are known to operate about 478 stores in 17 nations and has over 110,000 people employed. They also have plans on boosting their operations further in Asia as well as delving into the automobile world with an electric model.
Royal Dutch Shell: This Company goes popularly by the name ‘Shell’. It was founded in 1907 and has its headquarters in The Hague, Netherlands. It has over 90,000 people currently employed globally. Shell offers her services in the exploration, production, refining, marketing and distribution of petrochemicals. They produce around 3.7 million barrels of oil per day and run businesses in over 70 nations. It also currently has the highest market cap on the London Stock Exchange. It realized a revenue of 240 billion dollars in the year 2017.
Volkswagen: Volkswagen was founded by the German Labour Front under the leadership of Adolf Hitler. It originally, in the German language, means “people’s car”. It was founded with the intention of providing an affordable car for the masses. The company has however developed over the years to make both low cost and luxury cars available for sales all over the world. They are currently regarded as the biggest auto mobile producer with brands such as Skoda, MAN, Scania, Bugatti, Bentley, Lamborghini and Audi under their control. The Company has its headquarters in Wolfsburg, Germany. They currently have over 600,000 workers all over the world. In the year 2017, they recorded a revenue of 240.3 billion dollars.
ExxonMobil: ExxonMobil is an American multinational oil and gas corporation. Its headquarters is located at Irving, Texas. The company is said to be connected to the American Legendary billionaire, DD Rockefeller. It was founded on the 30th of November, 1999 by a merger of two oil companies, Exxon and Mobil. It also has over 70,000 employees. It made a revenue of 246 billion dollars last year.
Toyota Motor: Toyota is respected as the world’s largest automotive maker. By January, 2017, it already sold close to 6.5 million of its widely used Prius Car. Toyota was founded in 1937 and has its headquarters in the city of Toyota in the Aichi region of Japan. Currently, the company has over 348,000 workers employed. It is also credited as the first automobile company to make over 12 million units since the year 2012. It recorded a revenue of 254.7 billion dollars in the year 2017. Beside their highly popular Toyota brand, other brands they produce include Daihatsu, Ranz, Hino, and Lexus.
China National Petroleum Corporation: The CNPC, China’s biggest integrated energy enterprise was founded in 1988 and has its headquarters in Beijing. Also, besides oil and gas, the company plans to delve into renewable energy sector to tackle the issue of environmental protection towards meeting China’s growing needs. Currently, it has over 1.5 million employees and has oil reserves to produce 3.7 billion barrels. The CNPC also runs its ventures in other countries such as Thailand, Canada, Iran and Venezuela. It had a revenue of 262.6 billion dollars in the year 2017.
Sinopec Group: This Sinopec Group is a Chinese oil and gas company based in Beijing, China. It is listed in Hong Kong and trades in places like Shanghai and New York. It is involved in multiple energy-related sectors such as oil, coal, steam and electricity. The company was founded in 1998. Currently, they have around 800,000 workers. Their last year’s revenue is 267 billion dollars.
State Grid Corporation of China: The Company, popularly known as the “State Grid” is the state-owned electric utility monopoly of China. It is popularly respected as the second largest for its large number of employees over a million. It was founded in 2002 and currently has its headquarters situated in Xicheng District, Beijing. The company is known to constantly make exports to countries like Brazil, Austalia, etc. in the year 2017, they made a whopping revenue of 315.2 billion dollars. Hence, they take our no 2 spot.
Walmart: Walmart is an American multinational retail corporation that operate a large chain of hypermarkets. Currently, Walmart has 11,718 stores and clubs in 28 countries. The company was founded by Sam Walton in 1962. It currently has its headquarters in Bentonville Arkansas. The company earns our number one spot on this list for its enormous revenue for the year 2017. It made a whopping 485.9 billion dollars!