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RICHEST COMPANIES IN THE WORLD 2018 TOP 10 REVENUE

Top 10 Richest Companies In The World 2018 By Revenue 

The contemporary world houses a beautiful number of famous companies which have amassed robust revenue over their years of operation. These companies range from tech outfits to oil-and-gas companies and statistics show that they remunerate their employees magnificently. { Top 10 Richest Companies In The World 2018 By Revenue }.

In reality, no one wouldn’t be fascinated to know the world’s richest companies by revenue as they thrive substantially in their respective endeavors such as technology, oil & gas and automobile production.

The competition among the world’s richest revenue-generating companies is very stiff and these companies tend to overtake each other over time. In ascertaining the world’s richest companies, we have decided to use the revenue of each company as a determinant parameter and Walmart, a US-based company, is obviously worthy of the first spot with the mouthwatering revenue of $485,873 million as of 2016. Its nearest contender, State Grid, holds the revenue of $315,199 million and this substantiates the fact that Walmart tops the list of the world’s richest companies by revenue.

  • Which Company Is The Richest Company In The World?

In addition to its gargantuan revenue, Walmart outclasses every other global company as the world’s largest-employing company. Its staff base is estimated in excess of 2 million employees whereas that of China National Petroleum –Walmart’s nearest contender –is estimated around 1.5 million employees.

Today, we have compiled a well-researched list of the Top 10 Richest Companies in the World by Revenue. By way of analyzing this list, US is the most dominant country with the total of 4 companies while China claims the second spot with an overall of 3 companies. Other countries each having one company on the list are Germany, Japan, and the Netherlands. In actuality, this isn’t coming as a surprise since USA and China constitute the world’s leading economies.

If you have been looking for an up-to-date and genuine content on the world’s richest companies based on their last year revenue, this article will definitely serve you in the best capacity. Just read on to discover each company’s revenue as well as the activities from which it derives its wealth.

Top 10 Richest Companies In The World 2018 By Revenue

  • 1. Walmart

Walmart is a US-based company with a colossal staff base of 2,300,000 employees. Besides being the richest revenue-generating company in the world, Walmart is unarguably the world’s largest company in terms of employment. A company established in 1962 by Sam Walton, Walmart is a voluminous enterprise with subsidiaries including grocery stores, discount department stores, and hypermarkets.

Richest Companies In The World

Walmart – Currently The Richest Company In The World

In addition to the US, its operations span across several countries including Mexico, Canada, Japan, Chile, Argentina, Britain, Brazil, and India. In revenue, Walmart holds the mouthwatering sum of $485,873 million, making it the world’s richest company by revenue.

The Richest Companies In The World

State Grid – The Richest Companies In The World

  • 2. State Grid

On the basis of revenue, State Grid is the second richest company in the world with the revenue of $315,199 million. It is a China-based company concerned with the manufacturing of electric utilities. Precisely owned by the Chinese government, State Grid has been branded the world’s second-largest company as well as the biggest company in China. Its massive revenue outstrips that of any other Chinese company and its service coverage spans several countries including Italy, Australia, Philippines, Brazil and China where it is located in. State Grid was established in 2002 and it currently operates on the backbone of 926, 067 employees, making it one of the largest-employing companies in China.

Richest Company In The World

Sinopec

  • 3. Sinopec Group

Sinopec is a China-based company that specializes in petroleum refining. Regarding its colossal revenue of $267,518 million, Sinopec has been given a place amongst the top 3 richest companies in the world in terms of revenue. A large-employing company headquartered in the Chinese region of Beijing, Sinopec carries out enormous refining activities and it churns out petroleum products including jet fuel, gasoline, and diesel. Established in 1998, Sinopec holds a staff base of 713, 288 employees and it is considered the second largest Chinese company in terms of revenue.

Top 10 Richest Companies In The World

CNPC – Top 10 Richest Companies In The World

  • 4. China National Petroleum

China National Petroleum is one of the voluminous companies based in China. With the whopping sum of $262,573 million, it has been branded the largest Chinese corporation in terms of revenue. Established in 1988, China National Petroleum is an oil-and-gas company operating under the ownership of the Chinese government. Its wide-range exploration services cover several countries including Thailand, Canada, Peru, and Iran. Meanwhile, the company controls a total of 30 projects concerned with international exploration and production while its enormous staff base comprises 1,512,048 employees.

  • 5. Toyota

Toyota is a long-existing automaker established in 1937 by Kichiro Toyoda. Notably, it came as a subsidiary of Toyota Industries –an auto-company founded by Kichiro Toyoda’s father. Over its years of successful operations, the company has metamorphosed into the richest automaker in the world. Beyond doubts, Toyota is one of the most admired auto companies and this can be observed from its production of elegant, robust and rugged vehicles driven by people across the world.

Top 10 Richest Companies In The World

Toyota

Over the years, Toyota has struck a great landmark as a giant manufacturer of automobiles. Within a single year, the company achieved the significant feat of churning out 40,000,000 vehicles and this clarifies that millions of people demand Toyota vehicles. Over and above that, the company holds the massive revenue of $254.694 million. Even without providing any statistics other than the ones above, it is obvious that Toyota is the world’s richest automaker. Besides its impressive wealth, Toyota is recognized as a large-employing company with over 300,000 workers. Over the years, Toyota has remained Japan’s biggest company and it launches vehicles under 5 automotive brands namely Ranz, Daihatsu, Toyota, Hino, and Lexus.

  • 6. Volkswagen

Volkswagen is an automotive company as well as the largest German company in terms of revenue. Sitting in the sixth position among the world’s richest companies by revenue, Volkswagen holds the revenue of $240,264 million and its massive staff base comprises 626,715 employees. Headquartered in the German capital [Berlin], Volkswagen was set up in 1937 and its vigorous activities are centered on the production, development, and distribution of engines, turbomachinery, motorcycles, commercial and passenger vehicles.

In terms of sales, Volkswagen is the world’s biggest automotive company. However, in terms of production volume, it maintains the second position among the world’s largest automakers. Today, Volkswagen has metamorphosed into a globally recognized company producing automobiles under various brands like Porsche, Audi, Volkswagen, Bentley, SEAT, Lamborghini, Ducati, Bugatti, and Scania.

  • 7. Royal Dutch Shell

With headquarters in Holland, Royal Dutch Shell is a UK-incorporated company concerned with petroleum refining and its activities are carried out on the backbone of 89,000 employees. It holds the revenue of $240,033 million and it maintains a great stance among the Big Oil Companies of the world. Meanwhile, its voluminous activities cover every aspect of oil and gas inclusive of power generation, refining, distribution, and exploration.

  • 8. Berkshire Hathaway

Berkshire Hathaway is a US-based conglomerate established in 1839. In revenue, the company holds the total of $223,604 million, making it the eighth richest company in the world by revenue. Under the management of Warren Buffett (US citizen and one of the world’s wealthiest people), Berkshire Hathaway holds a large staff of 367,700 employees.

Berkshire Hathway is a globally acclaimed conglomerate with stakes in United Airlines, The Coca-Cola Company, American Express and Kraft Heinz Company. Meanwhile, the company maintains absolute ownership of Helzberg Diamonds, Dairy Queen, BNSF, and GEICO.

  • 9. Apple

Apple is a tech-oriented company and its net worth far outstrips those of many other companies among the top 500 richest companies in the world by revenue. In fact, it is the world’s ninth richest company with the sumptuous revenue of $215,639 million. In 1976, Steve Wozniak, Steve Jobs, and Ronald Wayne launched Apple but at the time of establishment, the trio had no foresight of what the giant outfit would become afterward. With the massive staff base of 116,000 employees, Apple executes its operations through 500 branches spread among 22 countries.

There are other advanced and high-profile global technology outfits but Apple maintains the biggest revenue realized in the field of software technology. As a tech-oriented company, Apple is acclaimed for manufacturing some of the most-used tech products in the world. Meanwhile, the company has an inventory of tech products and various software apps. Some of its products are IMAC, IPOD and iPhone. Besides its long-standing existence in the tech field, Apple has reached a great milestone that many tech companies are still struggling to achieve.

  • 10. ExxonMobil

ExxonMobil is a US-based petroleum-refining company established in 1999. Amongst the Big Oil Companies of the world, ExxonMobil is deemed the largest and its staff base comprises 72,700 employees. Distributed among 21 countries, ExxonMobil possesses 37 oil companies and it holds the revenue of $205,004 million, giving it the tenth place on this list of Top 10 Richest Companies in the World by Revenue.

So far in the article above, we have discussed the Top 10 Richest Companies in the World based on their revenues. Each of the company on the list is recognized across the globe and we believe our veritable findings are in accordance with Fortune’s list of top 500 richest companies in the world.

That’s all About The Top 10 Richest Companies In The World 2018.

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Updated: May 23, 2018 — 8:07 am

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