Quick Peek:
Hold on to your hats, folks, because the top three richest businesses in the world have just been revealed! According to recent data, Walmart, Amazon, and State Grid take the top spots in terms of daily market capitalisation. Walmart reigns supreme with over $300bn, followed by Amazon with over $200bn and State Grid with over $150bn. But don’t count out other big players like China National Petroleum, Saudi Aramco, and Microsoft, all worth over $100bn in daily market capitalisation. It’s a wild world out there in the business game!
What are the top 3 richest businesses in the world?
When it comes to the richest businesses in the world, there are a few names that come to mind. But who really takes the top spots in terms of daily market capitalization? According to recent data, the top three richest businesses in the world are Walmart, Amazon, and State Grid.
The Top 3 Richest Businesses in the World
Let’s take a closer look at each of these businesses:
1. Walmart (U.S.)
With a daily market capitalization of over $300 billion, Walmart takes the top spot as the richest business in the world. This American multinational retail corporation was founded in 1962 by Sam Walton and has since grown to become the largest company in the world by revenue. Walmart operates a chain of hypermarkets, discount department stores, and grocery stores, with over 11,000 stores in 27 countries.
2. Amazon (U.S.)
Amazon is the second richest business in the world, with a daily market capitalization of over $200 billion. This American multinational technology company was founded in 1994 by Jeff Bezos and has since become the world’s largest online marketplace and cloud computing platform. Amazon operates in over 20 countries and has a wide range of products and services, including e-commerce, streaming services, and artificial intelligence.
3. State Grid (China)
State Grid is the third richest business in the world, with a daily market capitalization of over $150 billion. This Chinese state-owned electric utility company was founded in 2002 and operates in China and other countries, including Brazil, Australia, and Italy. State Grid is responsible for the transmission and distribution of electricity in China and has a monopoly in the industry.
Other Rich Businesses
While Walmart, Amazon, and State Grid take the top three spots in terms of daily market capitalization, there are many other businesses that are also incredibly wealthy. For example, China National Petroleum, Saudi Aramco, and Microsoft are all worth over $100 billion in daily market capitalization.
In Conclusion
When it comes to the richest businesses in the world, Walmart, Amazon, and State Grid take the top spots in terms of daily market capitalization. These businesses have achieved incredible success through their innovative products and services, strategic business decisions, and global reach. However, it’s important to remember that wealth doesn’t always equate to success, and there are many other factors that contribute to a business’s overall impact and value.
References:
- Forbes Global 2000 List
- Statista – Top companies in the world by market value
- Investopedia – World’s Top 10 Companies by Revenue
- Business Standard – Forbes Global 2000 List for 2021
- CNBC – The world’s 10 biggest companies by market capitalization
A video on this subject that might interest you:
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