There are companies that make millions, there are companies that make billions but then there are companies that make lots of billions of dollars. Have you ever wondered what were the 10 richest companies in the world 2011? Here is the list of 10 giant money makers and the richest companies. The lowest one of them is making 550 million dollars a day which is 23 million dollars an hour and roughly 380,000 dollars a minute. INSANE isn’t it? The companies you see here wont be a surprise. The surprise will be how much they earn!
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1. Walmart
Revenue: $421.8 Billion
Industry: Retailer
Employees: 2,150,000
Stock Listing: NYSE: WMT
Headquarters: Bentonville, Arkansas, United States
Wal-Mart Stores, Inc. branded as Walmart since 2008 and Wal-Mart before then, is an American public multinational corporation that runs chains of large discount department stores and warehouse stores. 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. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas. Walmart is also the largest grocery retailer in the United States. In 2009, it generated 51% of its US$258 billion sales in the U.S. from grocery business. It also owns and operates the Sam’s Club retail warehouses in North America. Walmart has 8,500 stores in 15 countries, under 55 different names. The company operates under its own name in the United States, including the 50 states and Puerto Rico. It operates in Mexico as Walmex, in the United Kingdom as Asda, in Japan as Seiyu, and in India as Best Price. It has wholly owned operations in Argentina, Brazil, and Canada. Walmart’s investments outside North America have had mixed results: its operations in the United Kingdom, South America and China are highly successful, while it was forced to pull out of Germany and South Korea when ventures there were unsuccessful.
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2. Exxon Mobil
Revenue: $370.8 Billion
Industry: Oil and Gas
Employees: 83,000
Stock Listing: NYSE: XOM
Headquarters: Irving, Texas, United States
Exxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller’s Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas. It is affiliated with Imperial Oil which operates in Canada. ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. However they are currently 4th according to Forbes Global 2000. Exxon Mobil’s reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels, Exxon Mobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870. ExxonMobil is the largest of the six oil supermajorswith daily production of 3.921 million BOE (barrels of oil equivalent). In 2008, this was approximately 3% of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.
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3. Royal Dutch Shell
Revenue: $368 Billion
Industry: Oil and Gas
Employees: 112,000
Stock Listing: LSE: RDSA
Headquarters: The Hague, Netherlands and London, United Kingdom
Royal Dutch Shell plc, commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office at the Shell Centre in London, United Kingdom. It is the second-largest energy company and the fifth-largest company in the world according to Forbes Magazine list for 2011. It is vertically integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has major renewable energy activities, including in biofuels, hydrogen, solar and wind power. It has operations in over 90 countries, produces around 3.1 million barrels of oil equivalent per day and has 44,000 service stations worldwide. Shell Oil Company, its subsidiary in the United States, is one of its largest businesses. Its primary listing is on the London Stock Exchange and it is a constituent of the FTSE 100 Index. It has secondary listings on Euronext Amsterdam and the New York Stock Exchange.
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4. BP
Revenue: $297 Billion
Industry: Oil and Gas
Employees: 97,600
Stock Listing: LSE: BP
Headquarters: London, England, United Kingdom
BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas “supermajors”. It is vertically-integrated and is active in every area of the oil and gas industry, including exploration and production, refining, distribution and marketing, petrochemicals, power generation and trading. It also has major renewable energy activities, including in biofuels, hydrogen, solar and wind power. BP has operations in over 80 countries, produces around 3.8 million barrels of oil equivalent per day and has 22,400 service stations worldwide. Its largest division is BP America, which is the biggest producer of oil and gas in the United States and is headquartered in Houston, Texas. As at 31 December 2010 it had total proven commercial reserves of 18.07 billion barrels of oil equivalent. The name “BP” derives from the initials of one of the company’s former legal names, British Petroleum. BP’s track record of corporate social responsibility has been mixed. The company has been involved in a number of major environmental and safety incidents and received criticism for its political influence. However, in 1997, it became the first major oil company to publicly acknowledge the need to take steps against climate change, and in that year established a company-wide target to reduce its emissions of greenhouse gases. BP currently invests over $1 billion per year in the development of renewable energy sources, and has committed to spend $8 billion on renewables in the 2005 to 2015 period.
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5. Sinopec
Revenue: $289 Billion
Industry: Oil and Gas
Employees: 400,500
Stock Listing: SSE: 600028, SEHK: 0386
Headquarters: Beijing, China
China Petroleum & Chemical Corporation Limited , or Sinopec Limited, is a majority owned subsidiary of state owned company Sinopec Group. Sinopec Limited is listed in Hong Kong and also trades in Shanghai and New York. Sinopec Limited’s parent, Sinopec Group, is one of the major petroleum companies in China, headquartered in Chaoyang District, Beijing. Sinopec’s business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals, chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oil products, petrochemicals, and other chemicals. In 2011 it ranked as the 5th largest company in sales in Forbes Global 2000.In 2009, it was ranked 9th by Fortune Global 500 becoming the first Chinese corporation to make the top ten and in 2010 it was ranked 7th.In 2007, it ranked first in the Top 500 Enterprises of China ranking.
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6. Toyota Motors
Revenue: $241 Billion
Industry: Automotive
Employees: 316,100
Stock Listing: TYO: 7203
Headquarters: Toyota, Aichi, Japan
Toyota Motor Corporation commonly known simply as Toyota and abbreviated as TMC, is a multinational automaker headquartered in Toyota, Aichi, Japan. In 2010, Toyota Motor Corporation employed 317,734 people worldwide . TMC is the world’s largest automobile manufacturer by sales and production. The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father’s company Toyota Industries to create automobiles. Three years earlier, in 1934, while still a department of Toyota Industries, it created its first product, the Type A engine, and, in 1936, its first passenger car, the Toyota AA. Toyota Motor Corporation group companies are Toyota (including the Scion brand), Lexus, Daihatsu and Hino Motors, along with several “non-automotive” companies. TMC is part of the Toyota Group, one of the largest conglomerates in the world. Toyota Motor Corporation is headquartered in Toyota City, Aichi and in Tokyo. Its Tokyo head office is located at 1-4-18 Koraku, Bunkyo-ku, Tokyo 112-8701, Japan. Nagoya Office at 4-7-1 Meieki, Nakamura-ku, Nagoya City, Aichi Prefecture. In addition to manufacturing automobiles, Toyota provides financial services through its Toyota Financial Services division and also builds robots.
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7. Petro China
Revenue: $229 Billion
Industry: Oil and Gas
Employees: 464,000
Stock Listing: SSE: 601857, SEHK: 0857
Headquarters: Beijing, China
PetroChina Company Limited is a Chinese oil company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. It is China’s biggest oil producer, and was the world’s most valuable company by market value as of September 28th 2010. Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007, and following its debut on the Shanghai index, its market value tripled, making PetroChina the first company to reach a trillion dollar market capitalization.
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8. Total S.A
Revenue: $212 Billion
Industry: Oil and Gas
Employees: 111,400
Stock Listing: Euronext: FP
Headquarters: Courbevoie, Île-de-France, France
Total S.A. is a French multinational oil company and one of the six “Supermajor” oil companies in the world. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. Total is also a large-scale chemicals manufacturer. The company has its head office in the Tour Total in the La Défense district in Courbevoie, France, near Paris.
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9. Chevron
Revenue: $204 Billion
Industry: Oil and Gas
Employees: 61,500
Stock Listing: SSE: NYSE: CVX
Headquarters: San Ramon, California, United States
Chevron Corporation is an American multinational energy corporation. Headquartered 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. Chevron is one of the world’s six “supermajor” oil companies. For the past five years, Chevron has been continuously ranked as one of America’s 5 largest corporations by Fortune 500. In 2011 it was named the 16th largest public company in the world by Forbes Global 2000
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10. Japan Post Holdings
Revenue: $200 Billion
Industry: Oil and Gas
Employees: 3,250
Stock Listing: Government-Owned
Headquarters: Tokyo, Japan
Japan Post Holdings Co., Ltd. is a large state-owned enterprise in Japan that deals with mail delivery and financial services. Its headquarters is located in Kasumigaseki, Chiyoda, Tokyo. There were plans to fully privatise the agency but these have been put on hold. The organisation was ranked #6 in the Fortune Global 500 of 2010.
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