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Most Powerful Corporations in the World? - YouTube
Channel: The Infographics Show
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Some corporations have become so powerful
that new words such as corporatocracy or corporatism
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have entered the English language.
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There is hardly a place left on the planet
where people are not customers, or even in
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the service of these powerful companies.
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As youâll know from our other shows, after
âok,â the word âCoca-Colaâ is one
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of the most recognizable words in the world,
while the richest man on the planet, Bill
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Gates, is thought to have a face as well-known
as Jesus Christ or Adolf Hitler.
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Without even knowing it, many of us in one
day might have eaten a product owned by Nestle,
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watched a TV program on a channel owned by
Disney, or even chatted with a friend online
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who at one time worked at McDonalds.
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Today we are going to look at the largest
of these giants, in this episode of the Infographics
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Show: Most powerful corporations in the world.
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Donât forget to subscribe and click the
bell button so that you can be part of our
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Notification Squad.
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First of all, we should point out that we
wonât make a top ten list, but rather choose
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the largest businesses based on how interesting
they are.
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For instance, Chinese utilities corporations
are huge because of the fact China has the
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worldâs largest population.
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They arenât, however, recognizable to many
people outside of China.
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Today weâll stick with the entities that
most of you have had some experience with.
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One of those is Apple, a company so large
that we once compared it to a small country.
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If you watched that show, youâll know that
in 1976, Steve Jobs and Steve Wozniack formed
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Apple.
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Youâll also know its 100,000 plus employees
globally is more than the population of a
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small city, and that its 215 billion dollar
revenue for 2016 is much more than the GDPs
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of around 75 percent of the worldâs 195
countries.
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Appleâs best-selling product is the iPhone,
and in 2016 the company celebrated the sale
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of its one billionth phone.
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In fact, the iPhone 6 and iPhone 6 Plus are
the best-selling smartphones of all time.
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Itâs thought Apple sold about 220 million
of them.
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Earlier this year, The Guardian reported that
Apple became the first company to be worth
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800 billion dollars.
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Perhaps the third founder when Apple started-up,
Ronald Wayne, might now rue the day he sold
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his share in the company for 800 bucks.
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His stake these days would be worth in the
region of 75.5 billion dollars.
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Wayne was much older than the other co-founders
and has said it was hard to keep up with them.
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In an interview he once said, âIf I had
stayed with Apple I probably would have wound
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up the richest man in the cemetery.â
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Letâs stay with tech for the time-being.
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In the top ten tech companies, in terms of
yearly revenue, youâll find Amazon; Googleâs
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parent company, Alphabet; Korean electronics
firm Samsung; and the Windows operating system
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creator, Microsoft.
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You wonât find Facebook, even though it
is fast becoming one of the things we spend
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the most time looking at each day.
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Facebookâs revenue for 2016 was just over
26.5 billion dollars, an amount quite a lot
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less than the tech companies we just mentioned.
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It is, however, growing at an astonishing
rate and was only just recently given a value
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of 500 billion dollars.
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As Wall Street sees such tech giants ruling
the future, itâs expected it wonât be
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long until they start breaking the one trillion
dollar milestone.
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The social media kingpin announced this year
it had over 2 billion monthly active logged-in
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users, compared with YouTubeâs 1.5 million.
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Google.com and YouTube are listed above Facebook
though, in terms of page views.
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Facebook has done this in quite a short amount
of time, and has been said to have the power
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to change how we think, what we buy, and even
affect our general day-to-day emotions.
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Its 2 billion community is bigger than any
country on Earth, and a sizeable proportion
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of the worldâs 7.5 billion people.
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If itâs not the biggest money spinner, it
just might be the most powerful tech company
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in the world in terms of how it affects our
lives.
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Still, 5.5 billion people donât use Facebook,
or at least arenât active monthly users.
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According to the United Nations latest report,
about 3.8 billion people in the world have
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internet, or around 51 percent.
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In North America, that number might be 88
percent, and Europe 79 percent, but in Asia
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and Africa, itâs only 46 and 31 percent
respectively.
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All those folks not online are not out of
the grasp of large corporations, though.
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The next two mega-corporations are almost
impossible not to be a customer of, never
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mind where you live.
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One of those companies is the Dutch-British
consumer goods company Unilever, said to be
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the largest consumer goods company in the
world today.
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It has over 400 brands, many of which you
probably buy.
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Some of the those brands are Dove and Lux
personal care products, Liptonâs tea, and
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names such as Skippy, Hellmanâs, Comfort,
Flora, Rexona, Surf, Vaseline, Ponds, Sunsilk,
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Clear and Signal.
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According to its own website, Unilever products
are used by more than 2.5 billion people on
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any given day in 190 countries.
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Its revenue for 2016 was around 63 billion
190 dollars.
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Forbes puts its market value at 143.9 billion
dollars.
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In terms of consumer goods and global dominance,
another company you no doubt have been a life-long
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customer of is the Swiss company, Nestle.
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According to its own website, it is the worldâs
largest food and beverage company in the world.
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Its brands include Nescafe, Milo, Kit-Kat,
Maggi, lots of baby milk and food products,
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bottled water, cereals, and ice cream.
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Its global reach is astonishing, reaching
people in all 196 countries of the world with
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all its 2,000-plus brands.
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It also has 447 factories in 86 countries
as well as 333,000 employees.
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Its revenue for 2016 was just over 90 billion
dollars.
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Like Facebook, Nestle might not pull in the
biggest profits, but in terms of who it reaches,
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it is probably the one company that sells
to almost everyone outside of some tribal
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cultures.
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Nestle is said to be worth about 229.5 billion
dollars.
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When we talk about most powerful, that could
also include how many people rely on that
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company for a job.
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The third largest company regarding net worth
is Microsoft, but the 500-plus billion behemoth
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actually only employs about 18,000 people.
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Alphabet has around 60,000 employees.
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This is nothing compared to fast-food giant
McDonalds.
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If you saw our show on McDonalds, youâll
know that it employees 1.9 million people
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in 35,000 (and counting) restaurants in 119
countries.
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In the USA, itâs said that around one in
eight people have worked for the restaurant
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chain at some point in their life.
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The last available statistic on how many burgers
McDonalds has sold in total was said to be
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about 300 billion, but that was in 2014.
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As of 2015, it was selling about 550 million
Big Macs alone every year.
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So what we know is that this one time single
shop burger restaurant could have fed every
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person in the world many times over.
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How much money does it get for all its hard
work?
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Forbes puts its 2016 yearly revenue at 24.6
billion, and its overall value quite low for
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this list at just 106.4 billion.
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If we donât include militaries, McDonalds
is the second largest employer in the entire
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world.
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The largest employer is American firm Walmart.
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It employs 2.3 million people, which is about
how many Americans are imprisoned, according
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to PrisonPolicy.
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Itâs also just a little less than the entire
population of the UKâs second largest city,
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Manchester.
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Youâll find Walmarts in 28 countries, and
it has a total of 11,695 stores.
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It was bought in 1945 by a businessman called
Sam Walton.
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His idea was to sell products in large quantities
and keep the prices down.
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As a company, not corporation, it is the largest
in the world.
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Forbes gives it a yearly revenue of 485.3
billion dollars and a valuation of 221.3 billion
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dollars.
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Two other leaders of the pack in terms of
size and revenue are automotive companies.
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They are Japanâs Toyota and Germanyâs
Volkswagen Group.
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Toyota employs more than 364,000 people, currently
has a revenue of around 249.9 billion dollars,
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and a value of around 171.9 billion.
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The Toyota Corolla is in fact the biggest
selling car of all time at over 43 million
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units sold.
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The next on the list is the Ford F-series,
and then the next places are taken up by Volkswagen.
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That is the VW Golf (30 million sold) and
the VW Beatle (23 million sold).
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VW is much larger than Ford, though.
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It employs 626 million people in 26 countries
and has a revenue of more than 240 billion
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dollars.
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Itâs currently worth around 75 billion.
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In terms of assets, it is huge, with 458.7
billion dollarâs worth.
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Itâs called the âGroupâ because it also
owns Audi, Bentley, Bugatti, Lamborghini,
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Porsche, Ducati, SEAT, Ć koda, as well as
commercial vehicles.
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So, are behemoth corporations good or bad
for society?
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Let us know in the comments!
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Also, be sure to check out our other video
called 10 Ways the Government is Spying on
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You!
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Thanks for watching, and, as always, donât
forget to like, share, and subscribe.
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See you next time!
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