Fortune released the list of Global 500 companies in 2019 and it displayed a new transition in the world with China reaching a new record of 129 (including 10 in Taiwan) exceeding the number of companies in the list than the United States (121).
Ten years ago there were just 43 companies, twenty years ago there were just 8 companies in the list but a bunch of fast-growing private Chinese companies is rapidly working their way up the ranks.
Top 15 Companies in the Fortune Global 500:
1. | Walmart | USA |
2. | Sinopec Group | China |
3. | Royal Dutch Shell | Netherlands |
4. | China National Petroleum | China |
5. | State Grid | China |
6. | Saudi Aramco | Saudi Arabia |
7. | BP | Britain |
8. | Exxon Mobil | USA |
9. | Volkswagen | Germany |
10. | Toyota Motor | Japan |
11. | Apple | USA |
12. | Berkshire Hathaway | USA |
13. | Amazon.com | USA |
14. | United Health Group | USA |
15. | Samsung Electronics | South Korea |
Facts from the Fortune Global 500:
Walmart claimed the top spot on the Fortune Global 500 for the sixth successive year, and for the fourteenth time since 1995.
Fortune Global 500 companies generated $32.7 trillion in revenues 9% more than the previous year, and equal to more than one-third of the world’s GDP.
There are only 14 female CEOs on the Fortune Global 500, up from 12 last year. That goes to 15 in September, when Julie Sweet takes the helm at Accenture.
Saudi Aramco (Ranked No. 6) collected $111 billion in profits which is almost double Apple’s (No. 11) earnings which ended Apple’s three-year sitting at the top as the Fortune Global 500’s most profitable company.
This years list have 500 companies from 34 countries around the world listed below by country.
- US (121)
- China (119)
- Japan (52)
- France (31)
- Germany (29)
- Britain (17)
- South Korea (16)
- Switzerland (14)
- Canada (13)
- Netherlands (11)
- Taiwan (10)
- Spain (9)
- Brazil (8)
- Australia (7), India (7)
- Italy (6)
- Ireland (4), Mexico (4), Russia (4)
- Singapore (3)
- Saudi Arabia (2)
- Belgium (1), Denmark (1), Finland (1), Indonesia (1), Luxembourg (1), Malaysia (1), Norway (1), Poland (1), Sweden (1), Thailand (1), Turkey (1), UAE (1)