Chart: The Most Profitable Companies in the World
Tech companies Apple and Microsoft, which benefited majorly from people working and socialising online, shot to the top of the ranking.
An Apple logo hangs above the entrance to the Apple store on 5th Avenue in the Manhattan borough of New York City, July 21, 2015. Photo: Reuters/Mike Segar/File Photo/File Photo
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According to the Forbes Global 2000 published Friday, the coronavirus pandemic has shaken up the list of the most profitable (public) companies in the world. Tech companies Apple and Microsoft, which benefited majorly from people working and socialising online, shot to the top of the ranking, while banking and investment profits remained more stable. Google parent company Alphabet grew its profits to $40.3 billion up from $34.3 billion, up more than 17 percent.
Forbes Global 2000: Volkswagen Dethrones Royal Dutch Shell As Europeâs Largest Public Company
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German automaker Volkswagen has emerged as Europeâs largest company on this yearâs Forbes Global 2000 list. (Photo by Yuriko Nakao/Getty Images)
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As the world works to recover from more than a year in a pandemic, automaker Volkswagen has emerged as Europeâs largest company on this yearâs
Forbes Global 2000, a ranking of the worldâs largest and most successful public companies.
Volkswagen, which supplanted last yearâs European frontrunner Royal Dutch Shell, is the continentâs largest automaker with sports car brands like Audi, Bentley and Lamborghini to its eponymous mass market brand, and commercial vehicles Scania and MAN. Worth more than $145 billion, Volkswagen is off to a strong start in 2021: Sales in the first three months of this year rose 13% compared to a year earlier, to nearly $79 billi
The insurance industry, while largely unseen, is a major force in the global economy and boasts a big presence on the Forbes Global 2000. Some 113 insurers made the Forbes Global 2000 in 2021.
Forbes Global 2000: The Worldâs Largest Hotel, Restaurant And Leisure Companies
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The onset of the pandemic was an unforeseen catastrophe for the global tourism industry. So, it should come as little surprise that most of the biggest names in the hotel and cruise ship sectors plummeted hundreds of places in
Forbesâ annual ranking of the worldâs largest public companies.
Marriott fell more than 400 spots in the new Global 2000 list, down to No. 868. Hilton dropped more than 700 spots to No. 1541. Carnival fell from the top 500 last year to No. 1,114 this year. Royal Caribbean, MGM Resorts and Las Vegas Sands didnât fare any better, plunging on our rankings, which are based on a composite score from equally weighted measures of revenue, profits, assets and market value.
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