Top 500 businesses in the world

This list comprises the world's largest companies by consolidatedrevenue, according to the Fortune Global rankings and other sources.^[2] American retail corporation Walmart has been the world's largest company by revenue since ^[1] The list is limited to the largest 50 companies, all of which have annual revenues exceeding US$ billion. This list is incomplete, as not all companies disclose their information to the media or general public.^[3] Out of 50 largest companies 23 are American, 17 Asian and 10 European.^[2]

List

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Information in the list relates to the most recent fiscal year (mostly FY or ).

By country

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See also

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Explanatory notes

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References

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The valuation of the largest companies in the world fluctuates by market capitalizationday to day, even minute by minute, but true success is a marathon, not a sprint.

You heard the news: propelled by the AI frenzy, the chipmaker Nvidia passed the $3 trillion market cap and became the most valuable company in the world by market capitalization—for a few days last June, that is. Since then, things have returned more or less to what they used to be: as of September 3, , when the market closed, Apple was still the king of the stock exchanges, closely followed by Microsoft. Incidentally, that was also the day when, amid a stock selloff, Nvidia lost $ billion in market value, the largest wipeout in U.S. history (while still managing to retain the third spot).

Then again, Apple’s dominance is not to be taken for granted. After all, over the years, it lost the title of the world’s largest many times—more frequently, and very recently too, to Microsoft, but also to Amazon, Google, and even Saudi Arabia&#;s state oil giant Aramco. Market capitalization can change quickly, and in recent years the rankings of the world’s largest companies have seen some significant shifts.

How these companies get to the top, and how they get to stay there, has changed too. For years, Apple has o

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