The World’s Biggest Public Companies grow bigger every year!

20 May

“This year’s Global 2000 companies hail from 61 countries and account for combined revenues of $39 trillion, profits of $3 trillion, with assets worth $162 trillion, and a market value of $48 trillion. Thanks to a bull market, the total market value of Global 2000 companies grew 9% year-over-year, the most among the four metrics.

For the first time, China’s four biggest banks own the top four spots. Industrial and Commercial Bank of China tops the list for a third consecutive year, while Bank of China jumped 5 spots to the No. 4 spot, knocking down JP Morgan Chase. Berkshire Hathaway stays at the 5th place, making Warren Buffet’s conglomerate the largest U.S. company this year.”

http://www.msn.com/en-us/money/companies/the-worlds-25-biggest-companies/ar-BBjhgQC?ocid=DELLDHP#image=1

worlds biggest companies

The list seems to be dominated by industries including Banking, Oil, automotive, computer, cellular communications, American brands like Coco Cola, Walmart, McDonalds, and Time Warner. America seems to be dominating the world in terms of how many powerfully financial companies land on its soil.  China is also a huger player.

Please let this be a reminder to support locals in your area instead of these powerful companies that are growing bigger every year!

Lets support EACHOTHER!

Blessings to all!

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