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 you’ll know from our other shows, after “ok,” the word “Coca-Cola” 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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Don’t 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 won’t 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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world’s largest population.
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They aren’t, however, recognizable to many people outside of China.
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Today we’ll 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, you’ll know that in 1976, Steve Jobs and Steve Wozniack formed
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Apple.
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You’ll 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 world’s 195 countries.
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Apple’s 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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It’s 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, “If I had stayed with Apple I probably would have wound
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up the richest man in the cemetery.”
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Let’s stay with tech for the time-being.
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In the top ten tech companies, in terms of yearly revenue, you’ll find Amazon; Google’s
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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 won’t 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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Facebook’s 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, it’s expected it won’t 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 YouTube’s 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 world’s 7.5 billion people.
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If it’s 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 don’t use Facebook, or at least aren’t 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, it’s 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, Lipton’s tea, and
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names such as Skippy, Hellman’s, 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 world’s 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, you’ll 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, it’s 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 don’t 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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It’s also just a little less than the entire population of the UK’s second largest city,
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Manchester.
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You’ll 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 Japan’s Toyota and Germany’s 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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It’s currently worth around 75 billion.
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In terms of assets, it is huge, with 458.7 billion dollar’s worth.
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It’s called the “Group” 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, don’t forget to like, share, and subscribe.
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See you next time!