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How The Top 20 Companies Became So Large Even During Pandemic 2022


The largest publicly traded corporations in the globe were able to increase sales and earnings in the previous year despite difficulties brought on by the pandemic, continued war, and unstable markets.

For this reason, here is the list of the world's largest corporations according to Forbes Global 2000 and how the top 20 companies became so large.

Healthy income statements conceal a new economic reality that lacks government support and has significantly lower stock values since inflation and a negative market turn have slowed the pace of the economy's recovery.

Sales, profits, assets, and market value are the four criteria used by Forbes Global 2000 to rank the largest corporations in the world.

The minimum market valuation to be taken into account for the 2022 list has been lowered due to market volatility to $7.6 billion from $8.26 billion in 2021, however, the minimum for all other measures is higher than it was the previous year.

COPYRIGHT_MARX: Published on https://marxcommunications.com/how-the-top-20-companies-became-so-large/ by Keith Peterson on 2022-07-29T02:32:46.825Z

The companies on 2022 Global 2000 collectively generate $47.6 trillion in revenue, $5.0 trillion in profit, $233.7 trillion in assets, and have a market capitalization of $76.5 trillion.

The 2022 list features 58 distinct nations. With 590 businesses, the United States has the most, followed by China/Hong Kong (351) and Japan (196).

Forbes Global 2000 calculated the indicators for the ranking using the most recent 12-months' worth of financial data that was available as of April 22, 2022.

World largest Company By Market Cap 2000-2022 | Most Valuable Companies in The World | #Marketcap

Apple Inc

Market Capitalization Of Apple (AAPL) Market Cap: $2.537 Trillion

The current market capitalization of Apple is $2.537 trillion as of July 2022. Apple is the most valuable company in the world.

The total market value of a publicly traded company's outstanding shares, also known as the "market cap," is a commonly used metric for determining the value of a company.

Apple Inc logo of a bitten apple
Apple Inc logo of a bitten apple

The technology industry grew by 71%, while the percentage of products with an American origin also rose.

Since Apple has a market capitalization of 2.537 trillion US dollars and a brand value of 352.06 billion US dollars, it has proven to be a trend-setter.

It has been operating 511 retail locations with 147,000 full-time employees since January 2021, when the leading brand had 1.65+ billion products in use worldwide.

Apple Inc., based in California, is a multinational technology company that designs, develops, manufactures, markets, and sells a wide range of consumer electronics and online services.

Currently, at 274.5 billion US dollars, it is the world's largest technology company by revenue, and its annual net income for the period of April 2022 was 100.56 billion dollars, an increase of 33.38 percent.

Customers still show cult-like dedication to Apple, and the sudden increase in demand for home offices during the pandemic helped the computer giant's earnings rocket.

In one of the top organizations in the world to work for, Apple's 154,000 employees receive competitive pay and benefits.

The biggest threat to Apple's ability to dominate the market for smartphones, applications, laptops, smart watches, digital music, and even Oscar-winning movies is anti-monopoly legislation.


Market Capitalization Of Microsoft (MSFT) Market Cap: $2.054 Trillion

Microsoft has a market capitalization of $2.054 trillion as of April 2022. The total market value of a publicly traded company's outstanding shares, also known as the "market cap," is a commonly used metric for determining the value of a company.

Microsoft logo on a black and grey marble wall
Microsoft logo on a black and grey marble wall

Microsoft is one of the world's most valuable technology brands. Personal computers, consumer electronics, and computer software are some of the products it sells, licenses, manufactures, and develops.

Microsoft, which was established in 1975 and has its headquarters in Redmond, Washington, serves a global clientele. It came in at No. 21 on the Fortune 500 2020 list.

An increase of 15.34% over the prior year and a rise of 56.015 billion dollars (+21.07% year-over-year) in net income were reported for the fiscal year ending March 31, 2021, by the global company.

Saudi Aramco

Saudi Aramco logo
Saudi Aramco logo

Market Capitalization Of Saudi Aramco (2222.SR) Market Cap: $2.292 Trillion

Saudi Aramco has a market capitalization of $2.292 trillion as of April 2022. Saudi Aramco is now the third-most valuable company in the world.

Saudi Arabia's Aramco reached a $2 trillion valuation during trading hours, a near-record high for the oil company.

Aramco is the world's third-most valuable company, trailing only Microsoft and Apple in terms of market value. The price of crude oil has surpassed $82 a barrel for the first time in seven years.

Despite the ongoing coronavirus pandemic's continued impact on travel and other key gas-consuming sectors, demand for energy is increasing.

Saudi Arabia's government owns the vast majority of Aramco; the Saudi Tadawul stock exchange lists less than 2% of the company. It will be interesting to see if it can maintain this momentum until the end of the trading day.

This Saudi Arabian mining and oil production company, a relative newcomer to the Fortune 500 list, has survived the pandemic storm and keeps looking for ways to be profitable.

Saudi Aramco uses cutting-edge technology throughout the whole organization to support environmental, governmental compliance, efficiency, and financial activities.

With a workforce of about 80,000, this company has several options for high-level tech job seekers.

Alphabet (Google)

Market Capitalization Of Alphabet (Google) (GOOG) Market Cap: $1.581 Trillion

Alphabet (Google) has a market value of $1.581 trillion as of April 2022.

Google logo
Google logo

Founded in 2015, Alphabet Inc. is a multinational conglomerate that serves a global market from its headquarters in Googleplex, California.

It has a market capitalization of 1.892 trillion US dollars, making it the fourth-largest in the world.

One of the world's largest and most valuable corporations, it is also the fourth-largest in terms of revenue.

For the year ending March 31st, 2021, Alphabet Inc.'s revenues and net income were 196.682 billion dollars, up 18 percent year over year, and 51.363 billion dollars, up 48.78 percent year over year.


Market Capitalization Of Amazon (AMZN) Market Cap: $1.468 Trillion

Amazon has a market value of $1.468 trillion as of April 2022.

Amazon logo
Amazon logo

As of 2022, Amazon ranks among the world's top 20 most valuable companies, with a market capitalization of $1.468 trillion and a brand value of $415.855 million.

Cloud computing, digital streaming, and e-commerce are some of the areas covered by this company.

Amazon is well-known for its high-end products, such as Amazon Alexa, Amazon Web Service, Amazon Appstore, and Amazon Prime, and is often referred to as the most valuable and influential company in the world.

A 41.47 percent year-over-year increase in revenues and a 154.72 percent year-over-year increase in net income are expected for the fiscal year ending March 31, 2021.

The pandemic struck as Amazon's founder, Jeff Bezos, rose to the position of the world's richest man, and his e-retail company saw a rise in sales and ensuing profits.

Amazon continues to profit on numerous fronts even if the business guru left the company's day-to-day operations in 2021.

The company's profitability has been significantly impacted by a price increase on Amazon's Prime delivery and on-demand entertainment services, as well as the company's global subscriber growth to over 200 million.

Amazon has raised wages and benefits for workers in response to complaints about the working conditions at its distribution facilities, and it continues to be a major employer with close to 1.5 million staff members globally.


Market Capitalization Of Tesla (TSLA) Market Cap: $927.25 Billion

Tesla's market value as of April 2022 is $927.25 billion.

Tesla logo with red background
Tesla logo with red background

Incorporated in 2003 in Palo Alto, California, the headquarters of Tesla Inc., Elon Musk serves as CEO.

With a market cap of 927.25 billion US Dollar, it is one of the largest companies in 2021.

Electric cars, solar roof tiles, software upgrades, charging, insurance, and vehicle maintenance are just a few of Tesla's offerings.

For the year ending March 31st, 2021, this well-known brand's revenues and net profits are 35.940 billion dollars and 1.112 billion dollars, respectively.

Berkshire Hathaway

Market Capitalization Of Berkshire Hathaway (BRK-A) Market Cap: $741.48 Billion

Berkshire Hathaway has a market capitalization of $741.48 billion as of April 2022.

Berkshire Hathaway logo
Berkshire Hathaway logo

With a yearly revenue of $248.844 billion, it ranks as one of the world's largest conglomerates.

Oliver Chance, the company's founder, established the multinational holding company in 1839. A diverse portfolio of companies, including home furnishings and railroads as well as gas and electric utilities and confectionery, is currently overseen by Warren Buffett.

The CEO of Berkshire Hathaway, Warren Buffett, continues to rank among the world's wealthiest people and exerts influence over investors aspiring to match even a little portion of his lifetime accomplishment.

His organization is a massive conglomerate that controls numerous businesses, including GEICO, Duracell, Dairy Queen, and Helzberg Diamonds.

It also has the most expensive shares in history and a successful insurance section.

The 360,000 employees of Berkshire Hathaway rely on Buffett's renowned business judgment to maintain the company's stability and profitability.

Meta (Facebook)

Market Capitalization Of Meta (Facebook) (FB) Market Cap: $562.19 Billion

Meta (Facebook) has a market value of $562.19 billion as of July 2022.

Facebook (Meta) logo
Facebook (Meta) logo

Facebook has a market value of 677.84 billion US dollars and a brand value of 147,190 million US dollars, making it a formidable competitor.

Established in 2004, the global company is involved in technology and serves a variety of functions related to online social networking as well as online marketing and public relations campaigns.

Among the many brands under Facebook's umbrella are WhatsApp, Messenger; Instagram; Facebook; and Oculus VR.

The company also has two divisions, Facebook Technologies, and Facebook Financial, which serve a global market.

For the fiscal year ending March 31st, 2021, the company expects revenues of $94.399 billion and a net income of $33.741 billion.

Taiwan Semiconductor Mfg. Co. Ltd.

Market Capitalization Of TSMC (TSM) Market Cap: $454.44 Billion

TSMC has a market value of $454.44 billion as of July 2022.

TSMC logo
TSMC logo

As the largest contract manufacturer of semiconductor chips (also known as integrated circuits or simply chips), Taiwan Semiconductor Manufacturing Co. (TSMC) can be found in everything from cell phones to laptops to cars to watches to refrigerators.

Apple, Intel, Qualcomm, AMD, and Nvidia are just a few of the companies it serves.

Today, the $454.44 billion company controls more than half of the global market for custom chips and has an even tighter grip on the most advanced processors, with more than 90% market share, according to some estimates.

NVIDIA Corporation

Market Capitalization Of NVIDIA (NVDA) Market Cap: $443.32 Billion

NVIDIA has a market capitalization of $443.32 billion as of July 2022.


It's still one of the world's top cloud storage providers today.

NVIDIA encompasses computer hardware, consumer electronics, video games, AI, and semiconductors.

The company's revenues and net profits were 19.256 billion dollars as of April 30, 2021, up 63.5 percent and 63.49% from the previous year's totals, respectively.


Market Capitalization Of Tencent (TCEHY) Market Cap: $414.28 Billion

Tencent has a market value of $414.28 billion as of April 2022.

Tencent logo
Tencent logo

Before going public, Tencent was a privately held company. On that date, the company went public for the first time.

An initial public offering (IPO) valued at HK$1.55 billion was priced at HK$3.70 per share, and the stock was traded on the main board of the Hong Kong Stock Exchange under the ticker symbol 0700.6.

HK$4.66 billion to HK$6.22 billion in market capitalization was predicted for the company.

There were 4.9 percent year-to-date gains in the Hong Kong stock market on May 7, 2021. Market capitalization was HK$5.75 trillion and trading volume was 25,1 million shares per day.7

American Depositary Receipts (ADRs), which are traded on the OTC under the ticker symbol TCEHY, are also available to U.S. investors.81

The Chinese renminbi (RMB) is used by Tencent to report its financial results. The company's financial reports show that revenue and profits have steadily increased over the years.

Online gaming (up 29 percent), online advertising (up 22 percent), and fintech and business services (all up 17 percent) all contributed to the company's higher revenues in FY2020, which totaled RMB 482,064 million (29 percent ).

An increase of 30.1 percent over last year's results brought net income to RMB 122,742 million9.


Market Capitalization Of Visa (V) Market Cap: $445.40 Billion

Visa has a $445.40 billion market cap as of April 2022.

Visa logo
Visa logo

Visa Inc. has a market capitalization of 491.92 billion US dollars and a brand value of 186,809 million dollars, which ranks it 8th on the list of the world's largest corporations in 2021.

Dee Hock, the company's founder, founded it in 1958 and it is headquartered in Foster City, California, serving a global market.

It has ties to the financial sector, and it facilitates online or electronic money transfers around the world.

For the year ending March 31st, 2021, the company's revenues and net income are expected to be $21.354 billion and $10.662 billion, respectively.


Market Capitalization Of UnitedHealth (UNH) Market Cap: $490.15 Billion

UnitedHealth's market capitalization was $490.15 billion as of April 2022.

UnitedHealth Group logo
UnitedHealth Group logo

United Health Group, based in the United States, has entered the list of the world's largest corporations for 2021 with a market capitalization of $455.57 billion.

According to the 2020 Fortune 500 list, it is associated with the healthcare and insurance management industries and holds the 7th spot.

The market value of 332.885 billion dollars in 2020 ranks it as one of the world's most valuable companies.

For the year ending March 31st, 2021, United Health Group's net premiums and revenues totaled 262.916 billion dollars, an increase of 6.7% from the previous year.

This massive health insurance company has 340,000 employees across all 50 states and an extra 33 countries, despite having its headquarters in Minnesota.

The enormously successful UnitedHealth offers Medicare and Medicaid supplemental insurance in addition to individual and corporate policies.

Additionally, it manages Optum, a subsidiary that specializes in technology-based healthcare services, such as benefits administration and data analysis for controlling prescription prices.

JPMorgan Chase

Market Capitalization Of JPMorgan Chase (JPM) Market Cap: $374.45 Billion

JPMorgan Chase has a market capitalization of $374.45 billion as of April 2022.

JPMorgan Chase logo
JPMorgan Chase logo

An American origin JP Morgan Chase & Co. is a venerable bank with over a century of experience. One of the "Big Four" banks in the United States, it was founded in 2000.

A total of 130.143 billion dollars in revenues and 38.830 billion dollars in net income are expected for the fiscal year that ends on March 31st, 2021.

Custodian and universal bank, JP Morgan Chase & Co. provides financial services and investment banking to its clients and customers in more than 100 countries and regions around the world, employing more than 250K people.

Products include private banking and treasury services as well as wealth management and asset management.

Johnson & Johnson

Market Capitalization Of Johnson & Johnson (JNJ) Market Cap: $477.38 Billion

Johnson & Johnson's market value as of April 2022 is $477.38 billion.

Johnson & Johnson logo
Johnson & Johnson logo

Johnson & Johnson is one of the most valuable companies in the world.

Founded in the year 1886, the iconic brand posted revenues and net income of 84.214 billion dollars and 15.115 billion dollars for the year ending March 31st, 2021, respectively.

Johnson & Johnson is a pharmaceutical, consumer healthcare, and medical device company that caters to a global clientele.

It has a credit rating of AAA, making it one of the world's most valuable companies.


Market Capitalization Of Samsung (005930.KS) Market Cap: $367.26 Billion

As of April 2022, Samsung has a market cap of $367.26 Billion.

Samsung logo
Samsung logo

The of February 2022 Samsung's estimated net worth exceeds $275 billion. It generates over $200 billion in revenue and has assets worth over $288 billion.

It has undergone a dramatic change since its inception in the 1930s. The company has established itself as one of the world's largest manufacturers of mobile phones by expanding into the electronics industry, specifically mobile phones.

The company's global market share is 17.8%. Additionally, it has acquired a number of other leading brands and is involved in a number of other developments.

Sаmsung is one of the world's best-known brands. It is a pioneer in the field of mobile phone manufacturing.аmung has organized a number of events all over the world.

Samsung's mobile phones have helped many around the world keep pace with the booming cellular industry.

LVMH Moet Hennessy Louis Vuitton SE

Market Capitalization Of LVMH (LVMUY) Market Cap: $326.37 Billion

LVMH's market value as of July 2022 is $326.37 billion.

LVMH logo
LVMH logo

Luxury goods group LVMH Moet Hennessy Louis Vuitton recorded revenue of $64.2 billion euros in 2021, an increase of 44 percent compared to 2020, and a 20 percent increase over the previous year.

In comparison to 2020, organic revenue increased by 36%, while year-over-year growth was 14%.

A return to strong growth momentum has been confirmed by the year's results, following the severe disruption caused by the global pandemic in the first half of 2020.

An increase in organic revenue of 22% in the fourth quarter of 2018 over the same period in 2019 reflects the Group's increased activity.

Over the course of the year, Fashion & Leather Goods saw an organic revenue increase of 51% compared to 2019.

During the course of the year, the United States and Asia grew significantly, while Europe returned to growth in the fourth quarter of the year.

As of 2021, recurring operating profit stood at €17 151 million, an increase of 49% from 2019.

There was an 8-point increase in operating margins compared to 2020 and a 5-point increase in operating margins compared to 2019.

The company's net profit was €12 036 million, up 156% from 2020 and 68% from the previous year.

This year's operating free cash flow was more than double what it was in 2020 and 2019 combined.

Bank Of America

Market Capitalization Of Bank Of America (BAC) Market Cap: $303.1 Billion

Its market capitalization currently stands at $303.1 Billion as of April 2022.

Bank of America logo
Bank of America logo

Bank of America is one of the most valuable corporations in the world.

In addition to investment management, banking, risk management, and financial management, it is one of the world's leading financial institutions.

It was established in 1998 and is currently the eighth-largest bank in the world.

With the help of 4,600 financial centers and 16,200+ ATMs, it serves a global market.

A total of $91.037 billion in revenue and $20.492 billion in net income were reported by Bank of America for the fiscal year that ended on March 31, 2021.

Procter & Gamble

Market Capitalization Of Procter & Gamble (PG) Market Cap: $349.43 Billion

Procter & Gamble has a market value of $349.43 billion as of April 2022.

Procter & Gamble logo
Procter & Gamble logo

Procter & Gamble is one of the leading American companies with revenues of 74.870 billion dollars and a net income of 13.933 billion dollars for the year ending March 31, 2021.

The publicly traded company was founded in 1837 and specializes in consumer health, personal hygiene, and personal care, among other products.


Market Capitalization Of Walmart (WMT) Market Cap: $382.68 Billion

Walmart's market value as of April 2022 is $431.64 billion.

Walmart logo
Walmart logo

Walmart is one of the most valuable companies in the retail sector in 2021. There were $572.75 billion in revenues for April 22, 2022, with $244.86 billion in assets and $22.55 billion in operating income. The company reported a net profit of $13.67 billion.

With more than $572 billion in revenue, the retail Goliath continued to hold the top spot on the Fortune 500 for a record-breaking 10 years.

Walmart was able to effectively navigate a difficult 2021 thanks in part to its e-commerce offerings: sales increased by 2.4 percent, and earnings improved by 1.2 percent.

Walmart extended its store-to-fridge delivery service, InHome, and tested driverless delivery trucks with Ford in order to more effectively compete with delivery rivals as diverse as Amazon and DoorDash.

Sales from its click-and-collect curbside pickup service increased thrice during the previous two years to $20.4 billion in 2021.

Since its inception on April 30th, 1962, the American corporation has grown to include 10,526 stores and clubs in 24 countries around the world. With 2.2 million employees, it is the world's largest private employer, according to the Fortune Global 500 list for 2020.

The company's other employees work out of more than 20 international locations, including 400 retail shops each in China and Canada.

Sam Walton, the firm's founder, thought that providing outstanding customer service and offering inexpensive prices might help people live better lives.

This mission has extended, most notably with the large company negotiating low medicine costs on behalf of its clients.

Walmart looks to maintain its lead by investing more in retail technology, grocery delivery, and its online shop, even if its revenues are still far ahead of the list's runner-up, Amazon.

What Are The 5 Largest Industries In The World?

Global Consumer Electronics Manufacturing

Employment number for 2022: 17,430,942

Over the five years to 2021, revenue for the global consumer electronics manufacturing business is anticipated to expand at an annualized pace of 2.2 percent, reaching $1.4 trillion, including a rise of 2.0 percent in 2021 alone.

The market for consumer electronics has been driven by new goods, declining costs, rising household incomes, and improving consumer sentiment.

However, the COVID-19 (coronavirus) pandemic, which had a negative impact on global supply chains and economic activity, caused a fall in the consumption of electronics globally in 2020, leading to revenue declines for the sector.

Global Commercial Real Estate

Employment number for 2022: 17,164,710

After a sluggish start, the global commercial real estate market expanded throughout the majority of the five years leading up to 2021.

2015 saw a decline in investor confidence, which persisted into 2016, partly as a result of political unpredictability around the world and low oil prices.

Because of this, industry investment suffered, and sales fell by 0.3% in 2016. Since then, significant global economic grow

h and a comeback in international investment have helped to boost industry revenue. However, as economic unpredictability soars, it is anticipated that the COVID-19 (coronavirus) outbreak will significantly restrict demand.

Global Fast Food Restaurants

Employment number for 2022: 13,458,146

The Global Fast Food Restaurants business has grown over the five years leading up to 2021 despite shifting consumer preferences and an improving global economy.

Consumers boosted their spending on luxuries like dining out as disposable income climbed throughout the time period, which also increased profit.

However, because many customers had more spare income at this time, full-service restaurants did better than quick food outlets.

Additionally, the industry saw consistent and rising demand from emerging economies, which improved the sector's overall performance.

During that time, the business has also had to adjust to changing consumer preferences related to consumer health.

Global HR & Recruitment Services

Employment number for 2022: 11,988,376

The need for firms to outsource their hiring procedures and human resource management duties drives the global HR and recruitment services market. The performance of an industry is heavily influenced by the state of the major markets' economies and how these conditions affect global labor demand. Performance in the business is also influenced by labor market legislation, particularly as it relates to temporary workers. Large businesses have recently turned their attention to emerging markets, despite the fact that traditionally the liberalization of labor regulations in industrialized countries has been crucial for industry expansion.

Global Apparel Manufacturing

Employment number for 2022: 9,675,672

Demand for the global apparel manufacturing sector is strongly influenced by disposable income and the region's general economic health.

A rising number of customers have chosen to purchase more clothing at reduced rates over the previous ten years, benefiting the industry's sales and profit.

This trend has been maintained by significant offshoring of the apparel manufacturing sector from industry establishments in developed economies to developing economies, which has significantly reduced production costs, decreased the cost of clothing as a whole, and made clothing products more and more accessible to a growing consumer base.

People Also Ask

What Is The Biggest Company In The World 2022?

With a market value of 2.825 Trillion USD as of January 7th, 2022, Apple is the most valuable corporation in the world.

What Is The Best Company In The World 2022?

  • Apple
  • Amazon
  • Alphabet
  • Wells Fargo
  • Walmart
  • JPMorgan Chase & Co
  • Bank of America
  • AT&T Inc
  • IBM International Business Machines Corporation

Who Is No 1 Company Of World?

Apple is the number one company in the world as of 2022.


Even record downturns like the COVID-19 pandemic hardly scrape the surface of these mighty behemoths, as evidenced by this list of the 20 largest firms in the globe, which have long adorned the Fortune 500 list and Forbes Global 2000.

The biggest businesses also provide additional advantages to job seekers. Due to the diversity of these companies, there are chances for people of all experience levels and in a wide range of professions. You have the opportunity to progress due to the variety of departments and roles, and the company's global reach allows you to take advantage of working abroad.

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About The Authors

Keith Peterson

Keith Peterson - I'm an expert IT marketing professional with over 10 years of experience in various Digital Marketing channels such as SEO (search engine optimization), SEM (search engine marketing), SMO (social media optimization), ORM (online reputation management), PPC (Google Adwords, Bing Adwords), Lead Generation, Adwords campaign management, Blogging (Corporate and Personal), and so on. Web development and design are unquestionably another of my passions. In fast-paced, high-pressure environments, I excel as an SEO Executive, SEO Analyst, SR SEO Analyst, team leader, and digital marketing strategist, efficiently managing multiple projects, prioritizing and meeting tight deadlines, analyzing and solving problems.

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