This list carries the ten biggest companies of the world as per net worth of theses giant world leading companies, this is the list for 2016 the fiscal year of these mega companies, oil companies having prominent position among these companies the largest ones, were much affected till 2015, by the decline in oil prices.
These are the ten biggest companies of the World, as these companies are having the highest net worth, of the shares of these world heaviest net worth companies, these could be public or private as well, making these the World’s biggest companies in our list, at the end of year 2016.
“The world’s largest companies took a major step back over the past year,” according to the Fortune magazine editors. “Cumulative sales of the Global 500… declined for the first time since 2010. And not by a token amount either. Total revenue shrank from $31.2 trillion in fiscal 2014 to $27.6 trillion in 2015, or a fall of 11.5pc. Profits dropped by 11.2pc, to $1.48 trillion.”
Fortune blamed the poor collective showing on a slowdown in the Chinese economy and sluggish growth in the US and Europe.
The Fortune 500 rankings of the biggest companies, are according to the annual revenues of these companies. U.S is at the top with its 134 biggest companies, China and Japan stands next to America, among the biggest five hundred companies of the World, according to the magazine.
Being global is a key factor of such success of theses huge companies. These are the companies whose ideas changed the world, and the products of these companies level upped the life style, becoming necessities of people all over the world.
Only the most lucky ten percent of the public companies all over the world, are earning the eighty percent of the total profit.
These are the world’s largest companies, with the highest market capitalization (the total market value of a company’s outstanding shares).
10. China Mobile.
China Mobile is at number ten in our list, this mega telecom company is having the 300 million of 4G customers along the other five hundred million plus users.This mega telecommunication company belongs to China, The twenty years old company, after the clash in the China Telecom the company started its successful career. China Mobile is now having total 438,645 number of employees.
China Mobile is the world’s largest mobile network and in China mainland only its users reached up to 826 million, making it the biggest mobile customer having company. It is the biggest state owned telecommunications services provider in mainland China and Hong Kong.
The company had a net income of $17.1 billion and its operating income was $22.3 billion, China Mobile is having an assets of $203 billion, along with a revenue of $100.4 billion in the year 2014.
9. General Electric
General Electric is a U.S based 139 years old company, The company is making electric appliances used all over the world, the General Electric also known as the famous GEis a two times nobel prize winner company of United States. The aged company is now having total 333,000 number of employees working for the company.
General Electric originated in in 1878 as the Thomas Edison’s, “Edison Lamp company”. who was the inventor of the Bulb. further in year 1911 NELA (National Electric Lamp Association) was merged making GE more huge. The headquarter of the company is in Nela Park.
The General Electric was having a revenue of US$140.39 billion, net income of the company was US$-6.126 billion and its operating income was US$8.186 billion, the company was having the total assets of US$365.200 billion, along with the total equity of the GE which was US$98.300 billion in the year 2015 showing the value of this mega company.
8. Johnson and Johnson.
Johnson and Johnson is an American company known all over the World, almost by everyone of us. The big company is a pharmaceutical along with the consumer products used worldwide, Johnson & Johnson is also a medical device producer. This is a 131 years old company having, 128,000 number of total employees.
This company had the total sale of sales of $70.1 billion in the year 2015. This huge company is divided in three main categories which are the pharmaceutical, consumer and the medical devices production. The giant company is a aggregate of 250 companies making it the “the Johnson & Johnson family of companies”.
In the year 2015 the financial status of Johnson & Johnson was as follows, Total revenue of the company was US$70.07 billion, with an operating income of US$19.19 billion, its net income for the year was US$15.40. The worthy company is having US$133.41 billion along the total equity of US$71.15 billion in this fiscal year.
Facebook the most used social media platform is well known, rapidly growing company of United States. Mark Zurich is the owner of this mega company. Facebook is a 13 years old company, total number of employes in the company are 15,724. This social media website is having an Alexa 3 in 2017. Instagram and whatsApp are also under same ownerships.
Facebook started in year 2004, initially the social media website, was a college experiment. In 2016 Facebook had 1.79 billion daily active users, around 85% of the users were found international, outside U.S, making it a Worldwide super growing company.
Facebook had a revenue of US$17.928 billion, it has an operating income of US$6.225 billion, this company had the net income of US$3.688 billion and its total assets were of US$49.407 billion with a total equity of US$44.218 billion in the year 2015 earned world wide, except the blocking countries.
Amazon is a U.S based online retail store website, Amazon was started by Jeff Bezos as an online bookstore, and in the year 2016 it became the fourth biggest company of the world, the company had its successful career in 1994, and in very few years it became the world’s largest online store, providing almost everything world wide, as from its logo of Amazon showing the arrow from A towards Z. the company is having an age of 22 years only, and having 222,400 number of employees working for Amazon.
Amazon is the, E Commerce cloud provider, meanwhile company is also an electronic goods manufacturer. This company beated the famous Walmart by its heavier market capitalisation. Amazon is having around 130 million customers at the U.S website in 2016. Amazon also allows user to submit reviews at the web page of the product, the company is having a great mechanism of their sales and overall business.
The sixth biggest company had a revenue of US$107 billion, its operating income was US$2.233 billion, and its net income was US$596 million in the year 2015. Amazon had the total assets of US$65.444 billion and the total equity of US$13.384 billion for 2015.
5. Exxon Mobil
Exxon Mobil is an American based multinational oil and mobil company, this giant company made by the merger of Exxon and Mobil further made it fifth biggest company of the world. This company is 135 years old, it is having 73,500 employees. In the Fortune 500 list it is at number two.
This massive company had a daily production of 3.921 million barrels, in 2008, Exxon Mobil is the world’s largest oil refining company, it was also the eighth world’s largest company by its revenue, and at number six in the Forbes listing in 2014, and at number two in the Fortune 500 in the fiscal year 2104.
Exxon Mobil in the year 2015, had a revenue of US$268.88 billion, its operating income was US$21.96 billion and a net income of US$21.96, company had the total assets of US$349.49 billion along with the total equit of US$170.81 billion in the year.
4. Berkshire Hathaway.
Berkshire Hathaway Inc. is an American multinational conglomerate company, head office of the company is in Omaha, Nebraska, United States. Warren Buffett is the main body of this giant group of companies. It was started as textile manufacturing company established by Oliver Chace in the year 1839. This company is 128 years old, and currently having 360,000 employees working for the company.
The largest company of the list now became the interest holding body of numerous multiple huge companies working under it, GEICO, BNSF Railway, Lubrizol, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, FlightSafety International, Pampered Chef, and NetJets, and also owns 43.63% of the Kraft Heinz Company, and its some more investments are in undisclosed percentage of Mars, Incorporated, and significant minority holdings in American Express, The Coca-Cola Company, Wells Fargo, IBM and Restaurant Brands International. The company is owned by the business tycoon investor the Warren Buffett.
Financial figure of the Berkshire Hathaway in the year 2015 were, the revenue of the company was US$ 210.82 billion, operating income of the company was US$ 34.94 billion and a net income of US$ 24.08 billion, US$ 552.25 billion, value of total assets belongs to the company with a total equity of US$ 255.55 billion.
Microsoft, by its revenue is the largest software making company in the world, It is an American multinational technology company, its head office is in Redmond Washington. Paul Allen and Bill Gates in 1975 started the project, after few years they made the very first operating system for computers the MS-DOS, after wards became the modern windows operating system. Linkedin and Skype are also the company’s investments.
Company is having an age of just 42 years making it the third biggest company of the world, Microsoft Windows played a vital role in making of this a huge company, Microsoft is a computer software, personal computers, consumer electronics manufacturer and service provider. Microsoft office is also a very significant product used by almost every computer user.
Microsoft had a revenue of US$85.32 billion, and its operating and net income was US$19.86 billion and US$16.79 billion respectively, its total equity was US$71.99 billion and the company had total calculated assets of US$193.69 billion in the year 2016.
2. Alphabet (Google).
Alphabet Inc. is an American multinational conglomerate founded on October 2, 2015, by the Larry Page and Sergey Brin, two founders of the most famous company Google, Larry Page is the CEO and the other man behind the Google Sergey is the president of the newly founded Alphabet.
Number of employees working for the company are 69,953, Alphabet is now a collection of companies having interests in various relevant fields, such as medical research and wearable technologies. Name of the world’s best search engine provider told to be changed, as alphabet the basic index of any language seems more relevant to the functioning of the search engine, and even liked by the company owners.
Alphabet, by most of the Google’s contribution had the financial situations with its revenue of US$74.98 billion, operating income of the company US$19.36 billion and a net income of US$16.34 billion, Total assets of US$147.46 billion and a total equity of US$120.33 billion, making it at number two in the biggest companies of the World.
Apple is an U.S based, multinational technology company. Head quarter of the company is in near California. Apple is a consumer electronic and software making company. Mac books, IPhones,IPads and IPods are the most popular products of the company, except these some more electronic goods are made by the elite company like Apple watch and Apple TV, making it so astonishing and bringing it to number one among the biggest companies of the World.
This superb company Apple, was made by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976, company was supposed to develop and sell computers. Apple uses its bug free some next level operating systems which are known as the macOS and iOS operating systems. This is a 41 years old company, now having 66,000 employees working for Apple. Company is having a net worth of $605 billion, Apple is believed as the world’s most valuable company.
In 2016 descending sales of the iPhone brought a decline in the revenue and income of the company. Apple had a revenue of US$215.639 billion, its net income was US$45.687 billion and its operating income was US$60.024 billion, while the total assets of the company were US$321.686 billion along with its massive total equity which was US$128.249 billion for the fiscal year 2015 of the company.