The world's richest corporations (10 photos)
Microsoft is by no means the first...
The Chinese reign supreme in the world. Their largest corporation, PetroChina, is worth more than $1,000,000,000,000!
Let's look at the TOP 10 largest companies in the world.
Yesterday, leading Chinese oil and gas company PetroChina became the world's largest in terms of market capitalization after an almost threefold increase in the price of its shares on the Shanghai stock exchange. For the first time in history, the “psychological” mark of $1 trillion was surpassed. Now the Chinese company is twice as expensive as the American oil giant ExxonMobil, to which it was inferior until yesterday.
In the continuation, you can find out which companies occupy the remaining places in the top ten largest in the world by market capitalization.
In second place is the American oil and gas company Exxon Mobil, $689 billion.
In third place is the American industrial corporation General Electric (GE), $408 billion.
The world's largest Chinese mobile operator China Mobile is in fourth place, $397 billion.
The largest Chinese bank ICBC (Industrial and Commercial Bank of China) is also the most expensive bank in the world, fifth in the ranking of the largest companies, $353 billion.
Once the most valuable public company in the world, US software company Microsoft now ranks sixth, at $347 billion.
The first Europeans on the list are the Anglo-Dutch oil and gas company Shell in seventh place, $273 billion.
The Russian gas concern Gazprom (Gazprom), which is going to surpass the $1 trillion mark over the next 10 years, currently ranks eighth in the ranking, with $254 billion.
The Chinese petrochemical company Sinopec (China Petroleum and Chemical Corporation) is in ninth place, $231 billion.
China's largest life insurance company, China Life Insurance, ranks in last tenth place with $182 billion.
Thus, the list included 5 Chinese concerns, 3 American, 1 Russian giant Gazprom, and half each were from the UK and the Netherlands.
The most valuable non-public company is the Saudi oil state company Saudi Aramco, which is valued at $781 billion, according to the Financial Times rating last year.