Chinese companies dominate the Forbes list of world’s top companies.
Forbes Global 2000 companies account for combined revenues of $39 trillion, profits of $3 trillion and assets worth $162 trillion.
Banks and diversified financials dominate with 434 positions, more than one fifth of the world’s largest companies.
This year’s Forbes Global 2000 companies hail from 61 countries and have a market value of $48 trillion.
Take a look at the world’s 10 biggest companies…
ICBC, China
Rank: 1
Sales: $166.8 billion
Profits: $44.8 billion
Assets: $3,322 billion
Market Value: $278.3 billion
Founded in 1984, Industrial and Commercial Bank of China is the largest bank in the world. It is one of 'Big Four' commercial banks in China.
China Construction Bank, China
Rank: 2
Sales: $130.5 billion
Profits: $37 billion
Assets: $2,698.9 billion
Market Value: $212.9 billion
Founded in 1954, China Construction Bank is the second largest bank in the world.
Agricultural Bank of China, China
Rank: 3
Sales: $129.2 billion
Profits: $29.1 billion
Assets: $2,574.8 billion
Market Value: $189.9 billion
One of the world’s most powerful and valuable companies, Agricultural Bank of China was founded in 1951.
Bank of China, China
Rank: 4
Sales: $120.3 billion
Profits: $27.5 billion
Assets: $2,458.3 billion
Market Value: $199.1 billion
Founded in 1912, Bank of China is the oldest bank in China.
Berkshire Hathaway, United States
Rank: 5
Sales: $194.7 billion
Profits: $19.9 billion
Assets: $534.6 billion
Market Value: $354.8 billion
With legendary investor Warren Buffett at the helm, Berkshire now owns a diverse range of businesses like including confectionery, home furnishings, vacuum cleaners, jewellery sales and newspaper publishing,
JPMorgan Chase, United States
Rank: 6
Sales: $97.8 billion
Profits: $21.2 billion
Assets: $2,593.6 billion
Market Value: $225.5 billion
JPMorgan Chase is the largest bank in the United States.
Exxon Mobil, United States
Rank: 7
Sales: $376.2 billion
Profits: $32.5 billion
Assets: $349.5 billion
Market Value: $357.1 billion
ExxonMobil is the largest refiner in the world.
PetroChina, China
Rank: 8
Sales: $333.4 billion
Profits: $17.4 billion
Assets: $387.7 billion
Market Value: $334.6 billion
Founded in 1999, PetroChina is China’s largest oil producer.
General Electric, United States
Rank: 9
Sales: $148.5 billion
Profits: $15.2 billion
Assets: $648.3 billion
Market Value: $253.5 billion
One of the world’s most innovative and profitable companies, GE operates in areas like power and water, oil & gas, energy management, aviation, healthcare, transportation, and capital.
Wells Fargo, United States
Rank: 10
Sales: $90.4 billion
Profits: $23.1 billion
Assets: $1,701.4 billion
Market Value: $278.3 billion
Wells Fargo was named the world's most valuable bank brand by The Banker magazine and Brand Finance.
