Breaking through all the pressures and competitions here are the Top Ten Largest Private Companies. They have been flipping their coins quite cautiously to own a place among the List of Largest Private Companies. See through these ten Largest Private Companies which have climbed up the ladder by succeeding over many renowned global firms. The list of 2014 Top Private Companies comprises of firms like Apple, Ford Motors, General Electric and many more. To peep through their success and revenue earned go through the list of World’s Largest Private Company.
Top Ten Largest Private Companies 2014
Keep scrolling down to have a good glimpse at the Largest Private Companies in the World.
1. Wal-Mart Stores
Success and hard work speaks for itself, so does the achievements of Wal-Mart Stores expresses. Leading the list of the Largest Privately Held Companies, the Wal-Mart accessed the sum total of 476,294 million dollars of revenue in the fiscal year of 2014. This firm dates back its foundation in the year 1962 at Rogers, Arkansas, by a businessman named Sam Walton. His aim was very clear to sell products at a lower profit margin to get higher volume sales. Since then this American multinational retail firm have increased from minor to enormous and still continues to expand its forte worldwide.
2. Exxon Mobil
Exxon Mobil, an American Multinational oil and gas corporation ranks number two in the list of Largest Private Companies in America. It was founded in the year 1999 with the merger of standard oil of New Jersey (Exxon) and Standard oil of New York (Mobil). This public oil and gas firm is headquartered at Irving, Texas in United States. The Exon Mobile earned 407,666 million dollars revenue in 2014 with 422,098.60 million dollars of market value as recorded on 31st march 2014. This firm has decided on to start 10 new main projects this year, which includes liquefied natural gas project in Papua New Guinea and a deep water project in Gulf of Mexico.
At number three we have United States second largest oil company Chevron Corporation which has 220,365 million dollars revenue turnover. Since 1984 Chevron has been a brand name in the retail industry of oil, gas and geothermal energy industry. The company revealed a 5.8% decrease in revenue this year with $227,014.70 million as recorded on March 31st 2014. The company is headquartered at the San Ramon, California in United States, aiding its oil and gas facilities worldwide. Total return to the investors is 19.2% with ten years annualized return of 14.8%.
4. Berkshire Hathaway
Berkshire Hathaway Inc. is a parent company, which owns a number of subsidiaries overseas. This multinational company stances a fixed position at number four in the list of Largest Private Companies in USA. The company posted a 12.1% change in the revenue earned which reached up to 182,150 million dollars. Warren E. Buffet a Chief Executive of the company is expected to gain substantial earnings from a deal they signed in June this year. As per the recordings on March 31st 2014 this company earns 303,003.40 million dollars market value.
At number five we have a very renowned multinational corporation Apple that has 170,910 million dollar revenue output. This electronic giant headquartered at California boasts a net sale increase up to 21.7% profit in 2014. Apple owns a very remarkable place in the market of gadgets and electronics; it earns a maximum of 479,069.40 million dollars market value, as recorded on 31st march 2014. Apple Inc. is world’s second largest information technology firm that dates back its foundation in the year 1976. Steve Jobs, Ronald Wayne and Steve Wozniak were the founder fathers of this leading consumer electronics company.
6. Phillips 66
Phillips 66, American oil and Gas Company founded by L.E Philips and Frank Phillips in 1917, as an independent energy company. The company earned 161,175 million dollars maximum revenue for the year 2014 with market value of 45,282.30 million dollars as detailed on 31st March 2014. This oil and gas company owns its main office at Westchase, Houston in Texas, serving its valuable amenities like oil refining and service stations worldwide. Phillips 66 manages over 13,500 employees all over the world who are active in more than 45 countries. It is positioned at number six in the list of largest privately owned companies in USA 2014.
7. General Motor
General Motor is a renowned name in manufacturing, designing, marketing and distribution of vehicles and its parts. With 155,427 Million dollars of revenue output this American multinational company is positioned at number seven in our list of largest private companies. General Motors Corporation was founded in the year 1908 by William C. Durant, Charles Stewart Mott and Fredric L. Smith. This company is distributed in five business segments- GM North America, GM International Operations, GM South America, GM Financial and GM Europe. It manages 212,000 employees all over the world and holds huge business in around 157 countries.
8. Ford Motor
At number eight in the list of largest private companies, is one very notorious automobile company of America, Ford Motors. It regulated around 146,917million dollars of total revenue in the financial year of 2014. This firm is 111 years old, founded in the year 1903, which is owned and regulated by Ford Family. Headquartered at Dearborn, Michigan in United States, this company gained its name for delivering top class services like Vehicle leasing and automotive finance to the world. Ford Motors Americas multinational automaker has three subdivisions named Ford, Lincoln and Motor craft.
9. General Electric
General Electric, a multinational conglomerate corporation regulates 146,231 million dollars of revenue this year. It was incorporated in the year 1892 at New York with main headquarters in Fairfield, Connecticut. GE grosses 259,547.30 million dollars as its market value, as recorded on 31st march 2014. Thomas Edison, Edwin Houston, Elihu Thompson and Charles Coffin are the well-known founders of the company. It operates through capital finance, infrastructure, technology and energy segments for consumers and industry worldwide.
10. Valero Energy
Last but not the least the tenth position of Largest Privately Held Company in United States is taken up by Valero Energy. It is a domestic firm serving United States, North American and Caribbean areas. Dated back to 1980, this manufacturer and marketer of transportation fuel own its main head office at San Antonio, Texas in US. Valero Energy regulated 137,758 million dollars revenue in total with 28,276.30 million dollars as its market value. It manages over 22,000 employees and 61 refineries operating all over United States.