The Top 10 Richest Companies in the World will teach us why they are in a position to earn in billions while their counterparts are still dealing with millions. Beginner or an experienced, all aim to become an entrepreneur like them and to reach the heights which these companies have set. There also few companies who despite the competition in the market, tries to leave a mark which can influence the economy of the world. And they are usually the ones at the top of the chart. Yes, today this article elucidate about the Top 10 Richest Companies in the World and their revenues.
Top Ten World’s Richest Companies
Find the success stories of the Top 10 Richest Companies in the World and reason behind their incredible and huge growth of success.
1. Royal Dutch Shell
An oil and gas company has left behind all the software or electrical and retails companies in the race of success and growth in terms of monetary and others. Royal Dutch Shell is the first of six oil companies to appear in our list and it commonly known as Shell. It has headquartered at The Hague, Netherlands and its registered office is in London, United Kingdom. The CEO of the company is Peter Voser and Jorma Ollila is the Chairman. It has topped the list of top 10 richest companies in the world with the yearly revenue of $484.489.
2. Exxon Mobil
The American multinational Oil and Gas Company, Exxon Mobil is a descendant from John D. Rockeffer’s Standard Oil Company and was established on 30th November 1999 by the merger of gas station company Exxon and oil company Mobil. The Chairman and CEO of the company is Rex Tillerson and it’s headquartered in Irving, Texas. The company produces fuels, lubricants and petrochemicals. In 2012 it is ranked as the second richest company in the world with the revenue of $452.926.
Wal-Mart stores, Inc. called as Walmart is a retail chain store in United States which has renowned itself as the third largest company in the world. It was founded in 1962 by Sam Walton as a single department store in Arkansas, the company now has over 8,500 stores across 15 countries. The company is the world’s 18th largest public corporation, according to the Forbes Global 2000 list, and the largest public corporation when ranked by revenue. Last year revenue of Walmart stores was accumulated as $446.950.
Sinopec is also known as the China Petroleum and Chemical Corporation Limited. It is headquartered in Chaoyang district, Beijing, China and its CEO is Su Shulin and Chairman is Fu Chengyu and Vice President is Wang Tianpu. It is the first Chinese company to make it in the list of top 10 richest companies in the world. Its businesses include oil and gas exploration, refining, marketing, production and sales of petrochemicals, chemical fibers, fertilizers and storage and transportation of crude oil and natural gas. It has become the fourth richest company in the world with the revenue of $397.775.
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. Like Shell, it is also active in all the fields of the Oil and Gas industry. And also has major renewable energy activities including hydrogen, bio fuels, solar and wind power etc. It operates in over 80 countries and has 22,400 service stations, producing around 3.8 million barrels of oil equivalent per day. Yearly revenue is accumulated as $386.46.
6. China National Petroleum Corporation
China National Petroleum Corporation is China’s Government Company which produces fuel and founded as the second richest and biggest company in China so far. CNPC is the parent of Petro China, the second largest company in the world in terms of market capitalization as of June 2010, CNPC can claim much of its success from partnerships with the governments and multinational companies in multiple oil-rich countries such as Venezuela, Iraq and Qatar. China National Petroleum Corporation has the revenue of $352.23.
The Vitol group is Dutch multinational energy and commodity trading company. The founders of vItol Groups are Henk Viëtor and Jacques Detiger. The Vitol’s head offices are located in Rotterdam, the Netherlands, and Geneva, Switzerland. Vitol Group is now at number seven on the list of top 10 richest companies in the world by shipping more than 400 million tons of oil per year and generating revenue of $297 billion.
8. Toyota Motors
Toyota Motors was founded on 28th August 1937 by Kiichiro Toyoda. The Chairman of the company is Fujio Cho and Akio Toyoda is the president and the CEO. Toyota is the biggest multinational automaker company by sales as well as production. Toyota Motor corporation group also includes companies like Lexus, Daihatsu and Hino Motors. It is the seventh richest company in the world with the revenue of $228.2 billion.
9. State Grid Corporation of China
This is the third growing company of China which has been listed in top 10 richest companies in the world. State Grid Corporation of China (SGCC) is the largest electric utilities company that transmits and distribution power in China and in the world, headquartered in Xicheng District, Beijing. Since its founding in 2002, it has increasingly become involved in power industry reform, technology exchange and environmental conservation development. The overall revenue of the SGCC in last year was $226 billion.
With yearly revenue of $20 billion, Chevron Corporation is last in the list of top 10 richest companies in the world. Chevron Corporation is an American multinational energy corporation which has headquarters in San Ramon, California, and active in more than 180 countries, it is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining, marketing and transport; chemicals manufacturing and sales; and power generation.