The latest Global 2000 ranking, commemorating its 20th anniversary, highlights the significant transformations that have occurred since the early years of the 21st century.
In the 2003 edition of the list, Citigroup, General Electric, and American International Group held the top three positions. While Citigroup still maintains a position in the top 25, both AIG and GE, once dominant players, have experienced significant declines in their rankings.
JPMorgan claims top spot in current rankings, while Berkshire Hathaway drops to No. 338. Chinese banks and tech giants like Apple and Alphabet also make the top 10. JPMorgan’s strength and resilience, with $3.7 trillion in assets, contribute to its success.
The Global 2000 ranks the world’s largest companies based on sales, profits, assets, and market value. The 2023 list represents companies with $50.8 trillion in sales, $4.4 trillion in profits, $231 trillion in assets, and $74 trillion in market value. While cumulative profits, assets, and market value have decreased slightly from the previous year, total revenue has exceeded $50 trillion for the first time.
The Global 2000 list comprises publicly traded companies from 58 countries. With 611 companies, the U.S. has the highest representation, followed by China with 346 companies on the ranking.
Forbes utilized the most recent 12 months of financial data available as of May 5, 2023, to compute the factors employed in the ranking.
