List of companies by revenue


Cautionary notes

 

  1. The availability and reliability of up to date information on private companies is limited and varies from country to country, thus this list may be incomplete.
  2. Revenue is only one of many ways of measuring company size and it is not the most appropriate for all purposes. Using a different measure, such as total assets or market capitalisation, would produce a fundamentally different list.
  3. Many major companies, especially outside the USA, do not have a December 31 year end, so the figures are for years to a variety of dates.
  4. This list is shown in U.S. dollars, but many of the companies on it prepare their accounts in other currencies. The value of their revenue in dollar terms may change substantially in a short period of time due to exchange rate fluctuations.
  5. Figures are latest full year consolidated results; the year these results were reported in is shown beside them.
  6. To ensure comparability between banks, gross income is considered as revenue.

This is a list of the world’s largest public and private businesses by gross revenues. The list is limited to companies with annual revenues exceeding 40 billion U.S. dollars.

 

List of companies by revenue

Rank Company
name
Primary
industry
Revenue
(USD billion)
Fiscal Year Market capitalization
(Dec 2010, USD million)[1]
Employees Primary Stock listing Headquarters CEO
1 Walmart Retail $421.849[2] January 31, 2011 $192,098 2,150,000 NYSEWMT

United States Bentonville, Arkansas, United States Michael Duke
2 ExxonMobil Oil and gas $370.125[3] 2010 $368,711 83,600[3] NYSEXOM

United States Irving, Texas, United States Rex W. Tillerson
3 Royal Dutch Shell Oil and gas $368.056[4] 2010 $208,594 112,000 LSERDSA

NetherlandsThe Hague, Netherlands andUnited KingdomLondon, United Kingdom Peter Voser
4 BP Oil and gas $297.107[5] 2010 $137,042 97,600 LSEBP

United Kingdom London, United Kingdom Robert Dudley
5 Sinopec Oil and gas $289.774[6] 2010 $101,583 400,513 SSE600028

,SEHK0386

China Beijing, China Jiming Wang
6 State Grid Corporation of China Electricity $231.556[7] 2010 1,564,001 Government-owned China Beijing, China Liu Zhenya
7 Toyota Motors Automotive $228.247[8] March 31, 2011 $136,891 316,121 TYO7203

Japan Toyota, Aichi, Japan Fujio Cho
8 PetroChina Oil and gas $221.955[9] 2010 $303,274 464,000 SSE601857

,SEHK0857

China Beijing, China Zhou Jiping
9 Total S.A. Oil and gas $212.815[10] 2010 $124,916 111,401 EuronextFP

France Courbevoie, France Christophe de Margerie
10 Japan Post Holdings Conglomerate $211.080[11] March 31, 2011 229,134 Government-owned Japan Tokyo, Japan Jiro Saito
11 Chevron Oil and gas $204.928[12] 2010 $183,634 61,533 NYSECVX

United States San Ramon, California, United States David J. O’Reilly
12 ConocoPhillips Oil and gas $198.655[13] 2010 $100,054 29,700 NYSECOP

United StatesHouston, Texas, United States James Mulva
13 Vitol Raw material $195.0[14] January 10, 2011 Private Netherlands Rotterdam, Netherlands andSwitzerland Geneva, Switzerland Ian Taylor
14 Saudi Aramco Oil and gas $182.396[15] 2009 54,441 Government-owned Saudi Arabia Dhahran, Saudi Arabia Waleed Al-Bedaiwi
15 Volkswagen Group Automotive $169.53[16] 2010 $69,620 329,305 ISINDE0007664005

Germany Wolfsburg, Germany Martin Winterkorn
16 Fannie Mae Financial services $154.270[17] 2010 7,300 United States Washington, D.C., United States Mike Williams
17 General Electric Conglomerate $150.211[18] 2010 $194,875 287,000 NYSEGE

United States Fairfield, Connecticut, United States Jeffrey Immelt
18 Glencore Raw materials $144.978[19] 2010 52,000 LSEGLEN

,SEHK0805

Switzerland Baar, Switzerland Ivan Glasenberg
19 Allianz Financial services $142.24[20] 2010 $54,223 151,388 ISINDE0008404005

Germany Munich, Germany Michael Diekmann
20 ING Group Financial services $140.729[21] 2010 $37,407 107,106 EuronextINGA

Netherlands Amsterdam, Netherlands Jan Hommen
21 Berkshire Hathaway Conglomerate $136.185[22] 2010 $198,307 217,000 NYSEBRKA

,NYSEBRKB

United States Omaha, Nebraska, United States Warren Buffett
22 Samsung Electronics Conglomerate $135.772[23] 2010 $136,229 275,000 KRX005930

KRX:005935

South Korea Seoul, South Korea Lee Kun-hee
23 General Motors Automotive $135.592[24] 2010 $57,933 284,000 NYSEGM

United States Detroit, Michigan, United States Daniel Akerson
25 Eni Oil and gas $131.292[25] 2010 $87,800 78,417 BITENI

Italy Rome, Italy Paolo Scaroni
26 Daimler AG Automotive $130.628[26] 2010 $72,220 260,100[26] FWBDAI

Germany Stuttgart, Germany Dieter Zetsche
28 Ford Motor Company Automotive $128.954[27] 2010 $72,220 327,531 NYSEF

United States Dearborn, Michigan, United States Alan Mulally
29 Hewlett-Packard Information technology $127.245[28] October 31, 2011 $92,217 266,590 NYSEHPQ

United States Palo Alto, California, United States Meg Whitman
30 Nippon Telegraph and Telephone Telecommunications $124.517[29] March 31, 2011 $65,641 205,288 TYO9432

Japan Tokyo, Japan Norio Wada
31 AT&T Telecommunications $124.28[30] 2010 $173,636 321,000 NYSET

United States Dallas, Texas, United States Randall L. Stephenson
32 E.ON Electricitygas $124.084[31] 2010 $61,567 85,105 FWBEOAN

Germany Düsseldorf, Germany Johannes Teyssen
33 Carrefour Retailing $122.280[32] 2010 $29,173 475,976 EuronextCA

France Levallois-Perret, France Lars Olofsson
34 AXA Financial services $121.577[33] 2010 $38,750 189,927 EuronextCS

France Paris, France Henri de Castries
35 Assicurazioni Generali Insurance $121.299[34] 2010 $29,679 85,368 BITG

Italy Trieste, Italy Sergio Balbinot,Giovanni Perissinotto
36 Petrobras Oil and gas $120.052[35] 2010 $229,067 80,492 BovespaPETR3

,4

Brazil Rio de JaneiroBrazil José Sérgio Gabrielli de Azevedo
37 Cargill Agriculture $119.469[36] May 31, 2011 158,000 Private United States Wayzata, Minnesota, United States Greg Page
38 JX Holdings Energy $116.414[37] March 31, 2011 $17,900[38] TYO5020

Japan Japan
39 GDF Suez Public utilities $112.88[39] 2010 $81,043 160,700 EuronextSZE

France Paris, France Gérard Mestrallet
40 Hitachi, Ltd. Conglomerate $112.239[40] March 31, 2011 $24,121 361,745 TYO6501

Japan Tokyo, Japan Etsuhiko Shoyama
41 McKesson Corporation Health care $112.084[41] March 31, 2011 $19,800[38] 31,800 NYSEMCK

United States San Francisco, California, United States John Hammergren
42 Gazprom Oil and Gas $111.808[42] 2010 $150,058 432,000 RTS:GAZP

Russia Moscow, Russia Alexei Miller
43 Bank of America Banking $111.39[43] 2010 $134,536 203,425 NYSEBAC

United States Charlotte, North Carolina, United States Brian Moynihan
44 Tesco Retailing $110.85[44] June 14, 2011 $53,430 492,714 LSETSCO

United Kingdom Cheshunt, United Kingdom Philip Clarke
45 Federal Home Loan Mortgage Corporation Financial services $109.956[45] 2010 5,000 United States McLean, Virginia, United States Richard F. Syron
46 Apple Inc. Electronics $108.249[46] September 25, 2011 $295,886 63,300 NASDAQAAPL

United States Cupertino, California, United States Tim Cook
47 Honda Automotive $107.985[47] March 31, 2011 $71,805 181,876[48] TYO7267

Japan Tokyo, Japan Takanobu Ito
48 Verizon Telecommunications $106.565[49] 2010 $101,142 203,100 NYSEVZ

United States Basking Ridge, New Jersey, United States Ivan Seidenberg
49 Nissan Motors Automotive $105.523[50] March 31, 2011 $43,086 127,625 TYO7201

Japan Yokohama, Japan Carlos Ghosn
50 Panasonic Corporation Electronics $105.035[51] March 31, 2011 $34,873 290,493 TYO6752

Japan Kadoma, Osaka, Japan Kunio Nakamura
51 Nestlé Food processing $104.972[52] 2010 $203,534 253,000 SIXNESN

Switzerland VeveyVaud, Switzerland Paul Bulcke
52 LUKoil Oil and Gas $104.956[53] 2010 $48,537 150,000 RTS:LKOH

Russia Moscow, Russia Vagit Alekperov
53 Pemex Oil and gas $103.538[54] 2010 138,215 Government-owned Mexico Mexico City, Mexico Juan José Suárez Coppel
54 Hon Hai Precision Industry Electronics $102.855[55] 2010 $38,935 920,000 TWSE2317

Republic of China Tucheng, Taiwan Terry Gou
55 JPMorgan Chase Financial Services $102.694[56] 2010 $165,827 176,000 NYSEJPM

United States New York City, United States Jamie Dimon
56 Cardinal Health Health care $102.644[57] June 30, 2011 $14,200[38] 40,000 NYSECAH

United States Dublin, Ohio, United States George Barrett
57 Koch Industries Conglomerate $100.0[58] 2009 est. 80,000 Private United States Wichita, Kansas, United States Charles Koch
58 Petróleos de Venezuela Oil and gas $94.929[59] 2010 67,900 Government-owned Venezuela Caracas, Venezuela Rafael Ramírez
59 IBM Information technology $106.9[60] 2011 $182,329 426,752[60] NYSEIBM

United States Armonk, New York, United States Ginni Rometty
60 Siemens AG Conglomerate $98.870[61] September 30, 2011 $113,690 405,000 FWBSIE

Germany Munich, Germany Peter Löscher
61 Hyundai Motors Automotive $98.858[62] 2010 $33,675 117,000 KRX005380

South Korea Seoul, South Korea Chung Mong-Koo
62 Enel Electricity generation $97.782[63] 2010 $47,180 58,548 BITENEL

Italy Rome, Italy Fulvio Conti
63 CVS Caremark Retailing $96.413[64] 2010 $47,246 160,000 NYSECVS

United States Woonsocket, Rhode Island, United States Tom Ryan
64 Lloyds Banking Group Financial Services $95.342[65] 2010 $70,023 72,000 LSELLOY

United Kingdom London, United Kingdom António Horta-Osório
65 UnitedHealth Group Health care $94.155[66] 2010 $39,719 87,000 NYSEUNH

United States Minnetonka, Minnesota, United States Stephen Hemsley
66 Rosneft Oil and gas $91.975[67] 2011 $75,979 106,000 RTS:ROSN

Russia Moscow, Russia Igor Sechin
67 Statoil Oil and gas $90.733[68] 2010 $76,034 30,344[69] OSESTL

Norway Stavanger, Norway Helge Lund
68 Metro AG Retailing $89.87[70] 2010 $23,427 263,794 ISINDE0007257503

Germany Düsseldorf, Germany Eckhard Cordes
69 Aviva Financial services $89.890[71] 2010 $20,500[38] 59,000 LSEAV.

United Kingdom London, United Kingdom Andrew Moss
70 Electricité de France Electricity generation $87.073[72] 2010 $76,133 156,152 EuronextEDF

France Paris, France Henri Proglio
71 Costco Retailing $87.048[73] August 28, 2011 $31,521 132,000 NASDAQCOST

United States Issaquah, Washington, United States Jim Sinegal
72 Citigroup Financial services $86.601[74] 2010 $137,407 299,000 NYSEC

United States New York City, United States Vikram Pandit
73 National Mutual Insurance Federation of Agricultural Cooperatives Insurance $86.547[75] March 31, 2011 6,248 Mutual Japan Tokyo, Japan Kazumi Imao
74 Sony Electronics $86.521[76] March 31, 2011 $36,255 167,900 TYO6758

Japan Tokyo, Japan Howard Stringer
75 BASF Chemical Industry $85.347[77] 2010 $73,560 109,140[78] FWBBAS

Germany Ludwigshafen am Rhein, Germany Kurt Bock
76 Wells Fargo Banking / Financial services $85.21[79] 2010 $162,659 160,000 NYSEWFC

United States San Francisco, California, United States John Stumpf
77 Société Générale Financial Services $84.868[80] 2010 $40,274 120,000 EuronextGLE

France Paris, France Frédéric Oudéa
78 Kuwait Petroleum Corporation Oil and gas $84.594[81] March 31, 2010 18,500 Government-owned Kuwait Kuwait CityKuwait Saad Al Shuwaib
79 Deutsche Telekom Telecommunications $83.407[82] 2010 $55,972 246,777[83] ISINDE0005557508

Germany Bonn, Germany René Obermann
80 Procter & Gamble Consumer goods $82.559[84] June 30, 2011 $180,072 129,000 NYSEPG

United States Cincinnati, Ohio, United States Robert A. “Bob” McDonald
81 Industrial and Commercial Bank of China Banking $82.536[85] 2010 $233,369 301,537 SSE601398

,SEHK1398

China Beijing, China Jiang Jianqing
82 Valero Energy Oil and gas $82.233[86] 2010 $15,900[38] 22,000 NYSEVLO

United States San Antonio, Texas, United States Bill Klesse
83 Kroger Retailing $82.189[87] January 29, 2011 $15,200[38] 334,000[87] NYSEKR

United States Cincinnati, Ohio, United States David Dillon
84 Nippon Life Insurance Insurance $81.315[88] March 31, 2011 67,348 Mutual Japan Chūō-ku, Osaka, Japan Kunie Okamoto
85 Telefónica Telecommunications $80.938[89] 2010 $103,872 173,554 EuronextTFA

Spain Madrid, Spain César Alierta
86 BMW Automotive $80.809[90] 2010 $50,288 104,342 ISINDE0005

Germany Munich, Germany Norbert Reithofer
87 Repsol YPF Oil and Gas $80.747[91] 2010 $34,149 41,017 BMADREP

Spain Madrid, Spain Antonio Brufau
88 Archer Daniels Midland AgricultureFood processing $80.676[92] June 30, 2011 $19,218 30,000 NYSEADM

United States Decatur, Illinois, United States Patricia A. Woertz
89 AmerisourceBergen Health care $80.218[93] September 30, 2011 $10,100[38] 12,300 NYSEABC

United States Chesterbrook, Pennsylvania, United States R. David Yost
90 HSBC Financial services $80.014[94] 2010 $180,289 302,000[95] LSEHSBA

United Kingdom London, United Kingdom Stuart Gulliver
91 SK Group Conglomerate $79.603[96] 2010 $4,300[38] KRX003600

South Korea Seoul, South Korea Choi Tae-Won
92 National Iranian Oil Company Oil and gas $79.277[15] 2009 36,000 Government-owned Iran Tehran, Iran Masoud Mir Kazemi
93 Trafigura Raw materials $79.2[97] 2010 4,000 Private Switzerland Lucerne, Switzerland  ?
94 ArcelorMittal Steel $78.025[98] 2010 $59,428 273,811 EuronextMT

,NYSEMT

,LuxSEMT

Luxembourg Luxembourg City, Luxembourg Lakshmi Mittal
95 American International Group Financial services $77.301[99] 2010 $67,100[38] 86,000 NYSEAIG

United States New York City, United States Robert Benmosche
96 Toshiba Conglomerate $77.090[100] March 31, 2011 $23,094 199,000 TYO6502

Japan Tokyo, Japan Tadashi Okamura
97 Petronas Oil and gas $76.822[101] March 31, 2011 33,944 Government-owned Malaysia Kuala Lumpur, Malaysia Tan Sri Dato Sri Mohd Hassan Marican
98 Indian Oil Corporation Oil and Gas $75.632[102] March 31, 2011 $18,624 36,127 NSEIOC

India New Delhi, India B.M.Bansal
99 Fiat Conglomerate $75.172[103] 2010 $25,346 162,237 BITF

Italy Turin, Italy Sergio Marchionne
100 ZEN-NOH Agricultural marketing $75.111[104] March 31, 2011 8,530 Japan Tokyo, Japan Katsuyoshi Kitajima
101 PSA Peugeot Citroën Automotive $74.909[105] 2010 $8,700[38] 186,220[106] EuronextUG

France Paris, France Philippe Varin
102 Vodafone Telecommunications $73.635[107] March 31, 2011 $135,255 83,862 LSEVOD

United Kingdom London, United Kingdom Vittorio Colao
100 Marathon Oil Oil and gas $73.621[108] 2010 $26,288 28,855 NYSEMRO

United States Houston, Texas, United States Clarence Cazalot, Jr.
101 China Mobile Telecommunications $73.520[109] 2010 $199,269 145,934 SEHK0941

Hong Kong Hong Kong SAR, China Li Yue
102 Prudential plc Banking $73.337[110] 2010 $28,377 26,000 LSEPRU

United Kingdom London, United Kingdom Tidjane Thiam
103 Walgreens Retailing $72.184[111] August 31, 2011 $36,068 238,000[112] NYSEWAG

United States Deerfield, Illinois, United States Jeff Rein
104 Deutsche Post Courier $71.751[113] 2010 $20,599 436,651[114] ISINDE0005552004

Germany Bonn, Germany Frank Appel
105 BHP Billiton Mining $71.739[115] Jun 30, 2011 $243,540 34,000 LSEBLT

,ASXBHP

Australia Melbourne, Victoria, Australia and United Kingdom London, United Kingdom Marius Kloppers
106 RWE Public utilities $71.246[116] 2010 $37,542 127,028 ISINDE0007037129

Germany Essen, Germany Jürgen Großmann
107 Aegon Insurance $71.148[117] 2010 $14,200[38] 29,000 EuronextAGN

Netherlands The Hague, Netherlands Alex Wynaendts
108 REWE Group Retailing $70.872[118] 2010 325,848 Private Germany Cologne, Germany Alain Caparros
109 Dexia Banking $70.106[119] 2010 $7,300[38] 34,234 EuronextDX

Belgium Brussels, Belgium Pierre Mariani
110 Microsoft Information technology $69.943[120] June 30, 2011 $238,785 71,000 NASDAQMSFT

United States Redmond, Washington, United States Steve Ballmer
111 China Railway Construction Corporation Infrastructure $69.118[121] 2010 $13,300[38] 229,070 SEHK1186

China Beijing, China Meng Fengchao
112 China Railway Engineering Corporation Infrastructure $69.082[122] 2010 $14,800[38] 285,054 SEHK390

China Beijing, China Shi Dahua
113 Toyota Tsusho Sogo shosha $69.076[123] March 31, 2011 N/A 20,708 TYO8015

Japan Nagoya, Japan Masaaki Furukawa
114 China Construction Bank Banking $68.777[124] 2010 $222,245 313,867 SSE601939

,SEHK0939

China Beijing, China Guo Shuqing
115 Home Depot, Inc. Retailing $67.997[125] January 31, 2011 $57,457 317,000 NYSEHD

United States Vinings, Georgia, United States Frank Blake
116 Zurich Financial Services Insurance $67.85[126] 2010 $38,069 58,000 SIXZURN

Switzerland Zürich, Switzerland Martin Senn
117 Pfizer Health care $67.809[127] 2010 $140,254 106,000 NYSEPFE

United States New York City, United States Jeff Kindler
118 Philip Morris International Tobacco industry $67.713[128] 2010 $106,196 77,300[128] NYSEPM

United States New York, United States Louis C. Camilleri
119 Groupe BPCE Banking $67.303[129] 2010 127,000 cooperative France Paris, France François Pérol
120 Target Corporation Retailing $67.390[130] January 29, 2011 $42,577 352,000 NYSETGT

United States Minneapolis, Minnesota, United States Gregg Steinhafel
121 Temasek Holdings Sovereign Wealth Fund $66.285[131] March 31, 2011 Government-owned Singapore Singapore Suppiah Dhanabalan
122 Medco Health Solutions Health care $65.968[132] December 25, 2010 $26,003 14,800 NYSEMHS

United States Franklin Lakes, New Jersey, United States David B. Snow, Jr.
123 United States Postal Service Courier $65.711[133] September 30, 2011 583,908 Government agency United States Washington, D.C., United States John E. Potter
124 Gunvor Raw material $65.0[134] 2010 Private Cyprus Nicosia
125 Crédit Agricole Financial Services $64.800[135] 2010 $30,621 134,000 EuronextACA

France Paris, France Jean-Paul Chifflet
126 Tokyo Electric Power Electricity generation $64.964[136] March 31, 2011 $39,291 39,619 TYO9501

Japan Tokyo, Japan Tsunehisa Katsumata
127 Boeing Aerospace $64.306[137] 2010 $47,873 157,000 NYSEBA

United States Chicago, Illinois, United States Jim McNerney
128 Barclays Bank Banking $63.978[138] 2010 $49,904 77,000 United KingdomLSEBARC

United Kingdom London, United Kingdom Bob Diamond
129 State Farm Insurance Insurance $63.2[139] 2010 – (Mutual) 68,800 United States Bloomington, Illinois, United States Edward B. Rust Jr.
130 Bosch Group Automotive $63.147[140] 2010 270,687 Private Germany Gerlingen, Germany
131 PTT Public Company Limited Oil and Gas $62.998[141] 2010 $30,209 3,681 SETPTT

Thailand Bangkok, Thailand Prasert Bunsumpun
168 Sonatrach Oil and gas $62.989[142] 2010 120,000 Government-owned Algeria Algiers, Algeria Djenane El Malik
132 Royal Bank of Scotland Financial services $62.770[143] 2010 $35,763 120,000 LSERBS

United Kingdom EdinburghScotland, United Kingdom Stephen Hester
133 Mitsubishi Corporation Sogo shosha $62.733[144] March 31, 2011 $45,987 TYO8058

Japan Tokyo, Japan Mikio Sasaki
134 Seven & I Holdings Co. Retailing $62.436[145] March 31, 2011 $23,717 55,815 TYO382

Japan Tokyo, Japan Toshifumi Suzuki
135 ÆON Retailing $62.153[146] February 27, 2011 $9,300[38] TYO8267

Japan Tokyo, Japan
136 Agricultural Bank of China Banking $62.151[147] 2010 $135,012 444,447 SSE601288

,SEHK1288

China Beijing, China Xiang Junbo
137 Johnson & Johnson Health care $61.587[148] 2010 $169,856 120,500 NYSEJNJ

United States New Brunswick, New Jersey, United States William C. Weldon
138 Dell Information technology $61.494[149] January 28, 2011 $26,155 95,000 NASDAQDELL

United States Round Rock, Texas, United States Michael Dell
139 EADS Aerospace $60.969[150] 2010 $19,100 109,135 Netherlands (Euronext:EAD

)

Netherlands Schiphol-Rijk, Netherlands Louis Gallois
140 Munich Re Financial services $60.851[151] 2010 $28,684 41,431 ISINDE0008430026

Germany Munich, Germany Nikolaus von Bomhard
141 France Télécom Telecommunications $60.801[152] 2010 $55,414 191,000 EuronextFTE

France Paris, France Stéphane Richard
142 Rio Tinto Mining $60.323[153] 2010 $145,389 101,994 ASXRIO

United Kingdom London, United Kingdom and Australia City of Melbourne, Australia Tom Albanese
143 CNP Assurances Insurance $59.846[154] 2010 $12,000[38] 4,630 EuronextCNP

France Paris, France Gilles Benoist
144 Reliance Industries Conglomerate $59.679[155] March 31, 2011 $77,450 23,365 BSE500325

India Mumbai, India Mukesh Ambani
145 Legal & General Financial services $59.673[156] 2010 $10,800[38] 8,071 LSELGEN

United Kingdom London, United Kingdom Tim Breedon
146 Bank of China Banking $59.668[157] 2010 $139,943 279,301 SSE601988

,SEHK3988

China Beijing, China Xiao Gang
147 Unilever Consumer goods $59.143[158] 2010 $93,044 179,000 EuronextUNA

United KingdomNetherlands London, United Kingdom / Rotterdam, Netherlands Paul Polman
148 WellPoint Health care $58.802[159] 2010 $22,381 42,000 NYSEWLP

United States Indianapolis, Indiana, United States Angela Braly
149 BNP Paribas Financial Services $58.632[160] 2010 $76,526 205,300[161] EuronextBNP

France Paris, France Baudouin Prot
150 China Life Insurance Insurance $58.460[162] 2010 $97,700 118,362 SSE601628

,SEHK2628

China Beijing, China
174 Woolworths Limited Retailing $58.106[163] June 30, 2011 $31,224 195,000 ASXWOW

Australia Bella Vista, Australia Michael Luscombe
151 Edeka Group Retailing $57.968[164] 2010 302,000 Private Germany Hamburg, Germany
152 PepsiCo Food $57.838[165] 2010 $103,538 NYSEPEP

United States Purchase, New York, United States Indra Nooyi
153 Grupo Santander Banking $57.388[166] 2010 $88,585 129,749 BMADSAN

Spain Santander, Cantabria, Spain Emilio Botín
154 Auchan Retailing $56.778[167] 2010 243,000 Private France Croix, Nord, France Christophe Dubrulle
155 Noble Group Raw materials $56.696[168] 2010 $9,600[38] SGXN21

Hong Kong Hong Kong Ricardo Leiman
156 China State Construction Engineering Corp Infrastructure $56.104[169] 2010 123,579 Government-owned China Beijing, China Sun Wenjie
157 Banco Bradesco Banking $56.104[170] 2010 $67,223 85,577 BM&F Bovespa: BBDC3/BBDC4 Brazil Osasco, Brazil Luiz Carlos Trabuco Cappi
158 A. P. Møller – Mærsk Transport $56.090[171] 2010 $39,427 110,000 OMXMAERSK A

,MAERSK B

Denmark Copenhagen, Denmark Nils Andersen
159 Dongfeng Motor Automotive $55.864[172] 2010 163,990 Government-owned China Beijing, China Xu Ping
160 China Southern Power Grid Company Electricity $55.825[173] 2010 323,958 Government-owned China Guangdong, China Yuan Maozhen
161 Deutsche Bank Banking $55.804[174] 2010 $48,756 82,504 FWBDBK

Germany Frankfurt am Main, Germany Josef Ackermann
162 Shanghai Automotive Industry Corporation Automotive $55.689[175] 2010 109,500 Government-owned China Shanghai, China Shen Jianhua
177 China Investment Corporation Sovereign wealth fund $55.393[176] 2010 Government-owned China Beijing, China Lou Jiwei
163 Fujitsu Electronics $54.559[177] March 31, 2011 $12,800[38] 157,044 TYO6702

Japan Tokyo, Japan Hiroaki Kurokawa
164 United Technologies Conglomerate $54.326[178] 2010 $72,691 215,000 NYSEUTX

United States Hartford, Connecticut, United States Louis R. Chênevert
165 Credit Suisse Financial services $53.771[179] 2010 $47,939 60,477 SIXCSGN

Switzerland Zürich, Switzerland Brady Dougan
166 China National Offshore Oil Corporation Oil and gas $53.733[180] 2010 65,900 Government-owned China Beijing, China Wang Yilin
167 Dow Chemical Chemical Industry $53.674[181] 2010 $39,627 46,000 NYSEDOW

United States Midland, Michigan, United States Andrew N. Liveris
168 Saint-Gobain Construction $53.607[182] 2010 $27,416 208,000 EuronextSGO

France Paris, France Pierre-André de Chalendar
169 UniCredit Banking $53.332[183] 2010 $40,086 170,000 BITUCG

Italy Milan, Italy Federico Ghizzoni
170 Nokia Telecommunications $53.322[184] 2010 $38,886 62,763 OMXNOK1V

Finland Espoo, Finland Stephen Elop
171 MetLife Insurance $52.717[185] 2010 $43,785 83,800 NYSEMET

United States New York City, United States C. Robert Henrikson
172 Renault Automotive $52.073[186] 2010 $16,700[38] 121,422 EuronextRNO

France Boulogne-Billancourt, France Carlos Ghosn
173 Mitsubishi UFJ Financial Group Banking $51.479[187] March 31, 2011 $76,594 57,500 TYO8306

Japan Tokyo, Japan Nobuo Kuroyanagi
174 ThyssenKrupp Conglomerate $50.717[188] September 30, 2011 $21,386 188,000 ISINDE0007500001

Germany Essen & Duisburg, Germany Heinrich Hiesinger
175 Sinochem Group Conglomerate $50.632[189] 2010 50,073 Government-owned China Beijing, China Liu Deschu
176 Hoffmann-La Roche Health care $50.632[190] 2010 $103,266 80,650 SIXROG

Switzerland Basel, Switzerland Severin Schwan
177 Novartis Health care $50.624[191] 2010 $155,500 100,735 SIXNOVN

Switzerland Basel, Switzerland Joseph Jimenez
178 Best Buy Retailing $50.272[192] Feb. 26, 2011 $12,400[38] 180,000 NYSEBBY

United States Richfield, Minnesota, United States Brian J. Dunn
179 United Parcel Service Transportation $49.545[193] 2010 $52,904 400,600 NYSEUPS

United States Sandy Springs, Georgia, United States Scott Davis
163 Lowe’s Retailing $48.115[194] January 28 2011 $33,552 210,000 NYSELOW

United States Mooresville, North Carolina, United States Robert Niblock
180 Pertamina Oil and gas $48.717[195] 2010 15,868 Government-owned Indonesia Jakarta, Indonesia Karen Agustiawan
180 Dai-ichi Life Insurance $47.855[196] March 31, 2011 56,908 TYO8750

Japan Tokyo, Japan
152 Veolia Environnement Public utilities $46.482[197] 2010 $32,938 312,590 EuronextVIE

France Paris, France Antoine Frérot
142 Vale Mining $46.481[198] 2010 70,785 BM&F Bovespa: VALE3 / VALE5 Brazil Rio de Janeiro, Brazil Murilo Ferreira
170 Deutsche Bahn Transportation $45.979[199] 2010 276,310 Germany Berlin, Germany Rüdiger Grube
173 Goldman Sachs Financial services $45.976[200] 2010 $65,479 30,335 NYSEGS

United States New York City, New York, United States Lloyd Blankfein
171 Lockheed Martin Aerospace $45.803[201] 2010 $40,527 140,000 NYSELMT

United States Bethesda, Maryland, United States Robert J. Stevens
175 Bouygues Conglomerate $45.167[202] 2009 $22,157 113,300 EuronextEN

France Paris, France Martin Bouygues
176 Bayer Health care $44.901[203] 2009 106,000 FWBBAYN

Germany Leverkusen, Germany Marijn Dekkers
179 Imperial Tobacco Tobacco industry $44.713[204] September 30, 2010 LSEIMT

United Kingdom Bristol, United Kingdom Gareth Davis
166 VINCI Construction $44.597[205] 2010 $35,334 162,000 EuronextDG

France Rueil-Malmaison, France Xavier Huillard
169 GlaxoSmithKline Health care $44.075[206] 2010 $114,833 100,019 LSEGSK

United Kingdom London, United Kingdom Andrew Witty
182 Mitsui & Co. Sogo shosha $44.048[207] March 31, 2010  ?  ? TYO8045

Japan Tokyo, Japan
183 Sears Holdings Retailing $44.043[208] January 30, 2010 $12,660[38] 355,000 NASDAQSHLD

United States Hoffman Estates, Illinois, United States Louis D’Ambrosio
185 LG Electronics Conglomerate $44.000[209] 2010 $13,600[38] 82,772 KRX066570

South Korea Seoul, South Korea Koo Bon-joon
185 Shinhan Financial Group Financial services $43.975[210] 2009 KRX055550

,NYSESHG

South Korea Seoul, South Korea Sang Hoon Shin
186 Wesfarmers Retailing $43.949[211] June 30, 2010 $32,530 200,000 ASXWES

Australia Perth, Australia Bob Every
188 Intel Semiconductors $43.623[212] December 25, 2010 $109,210 82,500 NASDAQINTC

United States Mountain View, California, United States Paul S. Otellini
189 Sumitomo Life Insurance Insurance $43.272[213] March 31, 2010 N/A (Mutual) Japan Osaka, Japan
192 Caterpillar Heavy equipment $42.588[214] 2010 NYSECAT

United States Peoria, Illinois, USA Douglas R. Oberhelman
194 Sanofi Health care $42.218[215] 2009 $102,849 96,439 EuronextSAN

France Paris, France Chris Viehbacher
195 Chrysler Automotive $41.946[216] 2010 N/A Private company United States Auburn Hills, Michigan, USA Sergio Marchionne
196 Bunge Limited Agriculture $41.926[217] 2009 $13,400[38] 30,000 NYSEBG

United States White Plains, New York, United States Alberto Weisser
197 Sojitz Sogo shosha $41.338[218] March 31, 2010 $4,790[38] 17,331 TYO2768

Japan Tokyo, Japan Yutaka Kase
162 Banco Bilbao Vizcaya Argentaria Banking $41.319[219] 2010 $68,452 91,000 BMADBBVA

Spain Bilbao, Spain Francisco González
199 Safeway Retailing $40.8507[220] January 2, 2010 $12,650[38] 201,000 NYSESWY

United States Pleasanton, California, United States Steven Burd
200 SuperValu Retailing $40.597[221] February 27, 2010 $5,550[38] 200,000 NYSESVU

United States Eden Prairie, Minnesota, United States Craig Herkert
201 UBS Financial services $40.561[222] 2009 65,233[223] SIXUBSN

,NYSEUBS

Switzerland Zürich & Basel, Switzerland Oswald Grübel
202 Kraft Foods Food $40.386[224] 2009 $40,172[224] 97,000[224] NYSEKFT

United States Northfield, Illinois, United States Irene Rosenfeld
204 Ahold Retailing $40.229[225] 2009 $15,790[38] 206,000[226] EuronextAH

Netherlands Amsterdam, Netherlands Dick Boer
205 Cisco Information technology $40.04[227] July 31, 2010 $112,130 70,700 NASDAQCSCO

United States San Jose, California, United States John T. Chambers

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