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Forbes Global 2000: The Bigger They Are, the Harder They Fall?

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David beheads Goliath, anonymous, after Maarten van Heemskerck, 1630 – 1702. Goliath lies on the ground. David stands with one foot on his chest and raises Goliath’s sword over his head. By Morphart Creation @ Shutterstock.com

This from Forbes; “Every year since 2003, the Global 2000 has ranked the world’s publicly traded companies by sales, profit, assets and market value, with all four variables given equal weights. This year’s ranking looks far different from the list’s first installment 20 years ago, when Citigroup was No. 1 and AIG, Fannie Mae and IBM were among the 10 largest companies in America. None are in the top 20 today.”

These are the twenty-five largest publicly traded companies by sales, profit, assets, and market value [with all four variables given equal weights] in the world.

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  1. JPMorgan Chase
  2. Saudi Arabian Oil Company (Saudi Aramco)
  3. ICBC
  4. China Construction Bank
  5. Agricultural Bank of China
  6. Bank of America
  7. Alphabet
  8. ExxonMobil
  9. Microsoft
  10. Apple
  11. Shell
  12. Bank of China
  13. Toyota Motor
  14. Samsung Electronics
  15. UnitedHealth Group
  16. Ping An Insurance Group
  17. Wells Fargo
  18. Chevron
  19. PetroChina
  20. HSBC Holdings
  21. TotalEnergies
  22. Verizon Communications
  23. Walmart
  24. Citigroup
  25. China Mobile

Read the entire list here.

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E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zildjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West (RIP JB) and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com To sign up for my free monthly Survive & Thrive letter, click here.
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