10 Largest Companies in the World in 2020
10 Largest Companies in the World in 2020
Do you already know the list of the 10 largest companies in the world that have valuable income and assets in 2020?
Let's just look at the list below in order to provide motivation to create businesses and industries that are beneficial to the country and nation.
With a profit of Rp. 475.4 trillion and assets of Rp. 3,674 trillion, it can be predicted that Microsoft will become one of the largest and most powerful companies in the world. Yes, Microsoft has dominated the software and programming industry for decades.
Number of employees and sources.
The Microsoft company founded by uncle Bill Gates and Paul Allen on April 4, 1975 in Redmond, Washington, USA. The name is derived from the words "microcomputer" and "software" so it will be easy to remember. With 131,000 employees, Microsoft has become the third listed company in the United States with a market capitalization of more than $ 1 trillion after Apple and Amazon.
2. Chevron Corp
Chevron, which is engaged in the oil and gas industry, is one of the largest and most powerful companies in the world. Chevron was founded in 1906 with Exxon Mobil and has dominated oil and gas companies throughout United States history.
The company's market capitalization in 2019 is IDR 3.238 trillion and the total asset value is IDR 3.602 trillion. CEO Michael K. Wirth leads 48,600 employees and is headquartered in San Ramon, California.
Information obtained from the Fortune Global 500, the US retail company, Wal-Mart, was ranked first since 2014. Wal-Mart alone made $ 514 billion in 2018, which is around Rs 7,631 trillion!
Number of employees and benefits
The company was founded by the late Sam Walton in 1962 and currently has 2.2 million employees and daily profits of IDR 1.3 trillion. Even the Sam Walton family is one of the richest families in the world, because they have a turnover of Rp1 billion per minute! Very affluent, is it an employee?
4. Royal Dutch Shell
In 2018, this company engaged in the oil and gas industry was ranked fifth in the Fortune Global 500. Royal Dutch Shell currently ranks third in the world, with revenues of US $ 396 billion or around Rp 5,877 trillion.
Number of employees and missions
The company is led by CEO Ben van Beurden, has 81,000 employees, and is headquartered in The Hauge. Their job is to produce low-carbon fuels.
For those who like online shopping, they must be familiar with Amazon. Companies engaged in the e-commerce sector made profits of Rs 143.4 trillion, or Rs 3,304 trillion, from product sales and transactions recorded in 2019!
Number of employees and founders.
As of January 2019, with growing enthusiasts, the total value of Amazon's shares is US $ 796.8 billion (equivalent to IDR 16655 trillion). The company founded by Jeff Bezos has a total of 647,500 employees. After being acquired by Whole Foods, the company is also preparing to expand into traditional retail business.
6. State Grid
State Grid Corporation of China is the largest power grid company among all companies in the world. The company ranks fifth among the highest earning companies in the world.
The State Grid was founded in 2002 according to the decision of the State Council of the People's Republic of China, which is a byproduct of China's three-phase power industry reform that began in 1986.
The reforms divided China's State Electricity Company into two grid companies to maintain the state-owned power system. Currently, State Grid owns and operates 5 regional grid companies and 24 power companies.
The company mainly focuses on manufacturing and operating power grids inside and outside China (such as the Philippines and Brazil). The State Grid monopolizes the transmission and sales of electricity in the domestic market.
7. Sinopec Group
China Petroleum & Chemical Corporation (Sinopec Group) is one of the largest state-owned companies in China and one of the most profitable companies in the world. The company ranks second in our ranking.
Founded in July 1998, Sinopec was reorganized from the state-owned China Petroleum & Chemical Corporation which began operations in 1983. Sinopec is involved in on-site exploration and development in the oil and gas industry, as well as processing and selling of oil and gas and derivative products.
Interestingly, Chén Tónghǎi, who was sentenced to death for bribery in 2009, was the person in charge of the company from 2003 to 2007.
At the same time, Wang Tianpu, former chairman of the Sinopec Group, was also sentenced to 15.5 years in prison in January 2017 for bribery.
The Japanese company Toyota started operations in 1924 and was founded by Sakichi Toyoda. Interestingly, at first he was not involved in the production of cars, but was involved in the production of looms. His son Akira Toyoda was interested in car manufacturing and raised funds through the sale of patents for intelligent production machines and establishing a new department for automobile production.
In 2019, Toyota's global annual sales reached nearly US $ 272 billion. At that time, many sales of cars in Japan also experienced a significant decline and this proved the company's activity in the global market. The company is headquartered in Toyota City, Aichi Prefecture, Japan.
The German car company Volkswagen Group (Volkswagen Group) includes 48 car manufacturers from 15 countries in Europe and 6 countries in the United States, Asia and Africa.
The company produces more than 26,600 cars daily, and sells and provides after-sales service in 150 countries / regions around the world.
The company's divisions include Volkswagen, Audi, SEAT, Skoda, Volkswagen Commercial Vehicle, Bentley, Bugatti, Lamborghini, Scania AB, MAN AG, Ducati, Porsche and ItalDesign Giugiaro and other well-known car brands.
Volkswagen from the German Large Group is one of the largest shareholders and owners of the Suzuki Motor Corporation brand in Japan. Has a large corporate headquarters and is located in Wolfsburg, Germany, and at the same time the Volkswagen Museum is located.
10. Saudi Aramco
The Saudi Arabian Oil Company (Saudi Arabia Oil Company) is one of the most mysterious companies on this list.
Interestingly, until 2019, this company had never been included in the Fortune Global 500, let alone in the top ten.
The reason is, this giant oil company officially released its financial report for the first time in March 2019. According to them, the company's net profit in 2018 was US $ 111.1 billion, almost double Apple's revenue.
In addition, in December of the same year, Saudi Aramco was listed on the Tadawul Stock Exchange. As a result, the company's market value shot up to $ 1.88 trillion, making it the most valuable company in the world.
Today, SA (SAUDI ARAMCO) is also considered a world leader in oil production and reserves.
Another interesting fact: Saudi Aramco was founded in Delaware in 1933. Until 1944, it was called California-Arab Standard Oil, and from 1944 to 1988, the name was Arab American Oil Company (Aramco).
Basically, the establishment of the company was initiated by Standard Oil California, which has received a concession from the government of Saudi Arabia. Subsequently, other companies such as Texas Oil Company (Texaco), New Jersey Standard Oil Company (now Exxon) and Socony Vacuum (now Mobil) became Aramco shareholders.
Currently, the company is owned by the government of Saudi Arabia. Its head office is in Dhahran.