Get ready to be amazed by the largest private non-governmental companies by revenue! Vitol, a Swiss-based energy and commodity trading company, takes the top spot with a whopping $279bn in 2021. Trafigura Group, a Singaporean multinational commodity trading company, follows closely with $231.3bn. Meanwhile, Cargill, an American food corporation, and the Schwarz Group, a German retail corporation, take third and fourth place with $165bn and $158.6bn, respectively. These companies’ success can be attributed to their innovation, strategic planning, and commitment to making a positive impact on the world.
Previously in the article, we explored the world of private businesses and their vast wealth. We discussed how these businesses have been able to amass such a fortune and what they do with their wealth. Today, we will take a closer look at the largest private non-governmental companies by revenue.
At the top of the list is Vitol, with a whopping revenue of $279 billion in 2021. Vitol is a multinational energy and commodity trading company based in Switzerland. They specialize in trading crude oil, refined petroleum products, natural gas, power, coal, metals, and chemicals. With operations in over 40 countries, Vitol is truly a global player in the energy market.
Next on the list is Trafigura Group, with a revenue of $231.3 billion in 2021. Trafigura is a multinational commodity trading company based in Singapore. They specialize in trading crude oil, petroleum products, metals, and minerals. Trafigura has operations in over 50 countries and is known for its innovative approach to trading.
Cargill comes in at number three on the list, with a revenue of $165 billion in 2022. Cargill is an American multinational food corporation that specializes in the production and distribution of agricultural products. They are involved in the production of crops such as corn, wheat, soybeans, and cotton, as well as the production of animal feed, meat, and poultry products.
Finally, the Schwarz Group rounds out the top four with a revenue of $158.6 billion in 2021. The Schwarz Group is a German multinational retail corporation that operates the discount supermarket chains Lidl and Kaufland. With over 12,000 stores in 32 countries, the Schwarz Group is one of the largest retailers in the world.
These companies are just a few examples of the vast wealth that exists in the private business sector. They have been able to amass such wealth through innovation, strategic planning, and a deep understanding of their respective markets. But what sets these companies apart from others is their commitment to giving back to their communities and making a positive impact on the world.
In conclusion, the largest private non-governmental companies by revenue are some of the most powerful and influential businesses in the world. They have been able to achieve such success through their dedication to innovation, strategic planning, and a deep understanding of their markets. But what truly sets them apart is their commitment to making a positive impact on the world and giving back to their communities. These companies serve as an inspiration to entrepreneurs everywhere and a reminder of the power of private enterprise.
References for « What is the richest private business? »
- Forbes: The World’s Billionaires
- Business Insider: The 10 richest private companies in the world
- Investopedia: The 5 richest private companies
- Bloomberg Billionaires Index
- World Economic Forum: The world’s 10 largest private companies, visualized
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