With a market value of US$242 billion, Industrial & Commercial Bank of China has been recognized as the best performing company in the world for 2020, according to CEOWORLD magazine, while China Construction Bank (US$203 billion)and JPMorgan Chase (US$291 billion) placed second and third, respectively.
Some of the most recognizable companies in the world, Berkshire Hathaway ($455 billion), Agricultural Bank of China ($147 billion), Saudi Arabian Oil Company Saudi Aramco (US$1.684 trillion), Ping An Insurance Group ($187 billion), Bank of America ($208 billion), Apple (US$1.285 trillion), and Bank of China ($112 billion) followed closely behind, rounding out the top ten.
The World's 100 Best Companies, 2020
| Rank | Company | Country | Profits | Assets | Market Value |
|---|---|---|---|---|---|
| 1 | ICBC | China | $45.3 B | $4,322.5 B | $242.3 B |
| 2 | China Construction Bank | China | $38.9 B | $3,822 B | $203.8 B |
| 3 | JPMorgan Chase | United States | $30 B | $3,139.4 B | $291.7 B |
| 4 | Berkshire Hathaway | United States | $81.4 B | $817.7 B | $455.4 B |
| 5 | Agricultural Bank of China | China | $30.9 B | $3,697.5 B | $147.2 B |
| 5 | Saudi Arabian Oil Company (Saudi Aramco) | Saudi Arabia | $88.2 B | $398.3 B | $1,684.8 B |
| 7 | Ping An Insurance Group | China | $18.8 B | $1,218.6 B | $187.2 B |
| 8 | Bank of America | United States | $24.1 B | $2,620 B | $208.6 B |
| 9 | Apple | United States | $57.2 B | $320.4 B | $1,285.5 B |
| 10 | Bank of China | China | $27.2 B | $3,387 B | $112.8 B |
| 11 | AT&T | United States | $14.4 B | $545.4 B | $218.6 B |
| 11 | Toyota Motor | Japan | $22.7 B | $495.1 B | $173.3 B |
| 13 | Alphabet | United States | $34.5 B | $273.4 B | $919.3 B |
| 13 | ExxonMobil | United States | $14.3 B | $362.6 B | $196.6 B |
| 13 | Microsoft | United States | $46.3 B | $285.4 B | $1,359 B |
| 16 | Samsung Electronics | South Korea | $18.4 B | $304.9 B | $278.7 B |
| 17 | Wells Fargo | United States | $14.3 B | $1,981.3 B | $118.8 B |
| 18 | Citigroup | United States | $17.1 B | $2,219.8 B | $101.1 B |
| 19 | Walmart | United States | $14.9 B | $236.5 B | $344.4 B |
| 20 | Verizon Communications | United States | $18.4 B | $294.5 B | $237.7 B |
| 21 | Royal Dutch Shell | Netherlands | $9.9 B | $394 B | $126.5 B |
| 22 | Amazon | United States | $10.6 B | $221.2 B | $1,233.4 B |
| 23 | Volkswagen Group | Germany | $12 B | $538.9 B | $70.4 B |
| 24 | UnitedHealth Group | United States | $13.8 B | $189.1 B | $277.1 B |
| 25 | Allianz | Germany | $8.9 B | $1,183.5 B | $77.1 B |
| 26 | China Merchants Bank | China | $13.7 B | $1,094.9 B | $120.9 B |
| 27 | Comcast | United States | $11.7 B | $262.4 B | $171.7 B |
| 28 | China Mobile | Hong Kong | $15.5 B | $233.9 B | $164.9 B |
| 29 | Total | France | $11.3 B | $273.3 B | $93.1 B |
| 30 | Postal Savings Bank Of China (PSBC) | China | $9 B | $1,522.4 B | $92 B |
| 31 | Alibaba | China | $24.7 B | $189.4 B | $545.4 B |
| 32 | Gazprom | Russia | $22.7 B | $331.7 B | $60.8 B |
| 32 | PetroChina | China | $6.6 B | $392.3 B | $65.9 B |
| 34 | Johnson & Johnson | United States | $17.2 B | $155 B | $395.3 B |
| 35 | RBC | Canada | $10 B | $1,116.3 B | $87.7 B |
| 36 | Walt Disney | United States | $10.4 B | $200.9 B | $195.3 B |
| 37 | China Life Insurance | China | $8.5 B | $536.2 B | $60.3 B |
| 38 | Intel | United States | $22.7 B | $147.7 B | $254 B |
| 39 | United States | $21 B | $138.4 B | $583.7 B | |
| 40 | CVS Health | United States | $6.6 B | $224.3 B | $80.4 B |
| 41 | Nestlé | Switzerland | $12.7 B | $132.1 B | $304.1 B |
| 42 | BNP Paribas | France | $8.7 B | $2,429.9 B | $39.2 B |
| 43 | Nippon Telegraph & Tel | Japan | $7.9 B | $211.1 B | $83 B |
| 44 | HSBC Holdings | United Kingdom | $3.8 B | $2,917.8 B | $105.3 B |
| 45 | Bank of Communications | China | $11.2 B | $1,422.1 B | $47.1 B |
| 46 | TD Bank Group | Canada | $9.3 B | $1,102 B | $75.8 B |
| 47 | Goldman Sachs Group | United States | $7.4 B | $1,090 B | $63.4 B |
| 48 | Morgan Stanley | United States | $8.3 B | $896.8 B | $62.1 B |
| 49 | Pfizer | United States | $15.8 B | $167.5 B | $212.8 B |
| 50 | Tencent Holdings | China | $13.5 B | $137 B | $509.7 B |
| 51 | IBM | United States | $9 B | $153.4 B | $111.5 B |
| 52 | Mitsubishi UFJ Financial | Japan | $5.4 B | $2,893 B | $51.8 B |
| 53 | General Electric | United States | $6.3 B | $262 B | $59.5 B |
| 53 | Rosneft | Russia | $10.9 B | $208.5 B | $48.1 B |
| 55 | Santander | Spain | $7.3 B | $1,709.2 B | $37.1 B |
| 56 | Anheuser-Busch InBev | Belgium | $9.1 B | $238.3 B | $89.9 B |
| 57 | Industrial Bank | China | $9.2 B | $1,045 B | $49 B |
| 58 | Reliance Industries | India | $6.2 B | $147.2 B | $123.8 B |
| 58 | Sony | Japan | $6 B | $208.3 B | $78.7 B |
| 60 | Sinopec | China | $3.3 B | $254.8 B | $76.6 B |
| 61 | Chevron | United States | $2.9 B | $237.4 B | $171.8 B |
| 62 | Siemens | Germany | $5.9 B | $171 B | $75.4 B |
| 63 | Cigna | United States | $4.9 B | $157 B | $72.8 B |
| 64 | AXA Group | France | $4 B | $850.8 B | $42.3 B |
| 65 | Shanghai Pudong Development | China | $8.6 B | $1,029.3 B | $44.2 B |
| 66 | AIA Group | Hong Kong | $6.6 B | $280.3 B | $111.8 B |
| 66 | Softbank | Japan | $2.9 B | $362.6 B | $89.7 B |
| 68 | Novartis | Switzerland | $12.2 B | $123.1 B | $193 B |
| 69 | Deutsche Telekom | Germany | $4.3 B | $207.1 B | $69.2 B |
| 70 | Petrobras | Brazil | $10.2 B | $230.2 B | $43.5 B |
| 71 | Procter & Gamble | United States | $5 B | $118.6 B | $291.8 B |
| 72 | Japan Post Holdings | Japan | $4.7 B | $2,680.2 B | $32.7 B |
| 73 | LVMH Moet Hennessy Louis Vuitton | France | $8 B | $108.3 B | $194.3 B |
| 74 | Roche Holding | Switzerland | $13.6 B | $85.8 B | $297.4 B |
| 75 | BMW Group | Germany | $5.5 B | $271.3 B | $38.9 B |
| 76 | Zurich Insurance Group | Switzerland | $4.1 B | $381.9 B | $47.4 B |
| 77 | CITIC | Hong Kong | $6.9 B | $1,063.9 B | $30.3 B |
| 78 | Itaú Unibanco Holding | Brazil | $6.9 B | $408.8 B | $41 B |
| 79 | China State Construction Engineering | China | $6.1 B | $292.3 B | $30.7 B |
| 80 | MetLife | United States | $5.9 B | $746.3 B | $32.8 B |
| 80 | Sumitomo Mitsui Financial | Japan | $6.4 B | $1,954.8 B | $36.4 B |
| 82 | Cisco Systems | United States | $11.1 B | $90.4 B | $179.7 B |
| 83 | Honda Motor | Japan | $4.3 B | $188.5 B | $42.6 B |
| 84 | Commonwealth Bank | Australia | $7 B | $688.8 B | $72.6 B |
| 85 | Bank of Nova Scotia | Canada | $6.4 B | $872.6 B | $48.7 B |
| 86 | Raytheon Technologies | United States | $5.5 B | $139.7 B | $56.1 B |
| 87 | PepsiCo | United States | $7.2 B | $85.1 B | $183.6 B |
| 88 | American Express | United States | $5.5 B | $186.1 B | $73.5 B |
| 89 | General Motors | United States | $6.7 B | $228 B | $31.9 B |
| 90 | China Minsheng Bank | China | $7.8 B | $959.2 B | $32.8 B |
| 91 | British American Tobacco | United Kingdom | $7.3 B | $186.8 B | $88.8 B |
| 92 | Merck & Co. | United States | $10.1 B | $84.4 B | $200.3 B |
| 93 | BHP Group | Australia | $9.4 B | $102.3 B | $107.1 B |
| 94 | Oracle | United States | $10.8 B | $96.7 B | $167 B |
| 95 | Brookfield Asset Management | Canada | $2.8 B | $324 B | $51.3 B |
| 96 | Coca-Cola | United States | $10 B | $94 B | $197.1 B |
| 97 | Enel | Italy | $2.4 B | $192.4 B | $69.4 B |
| 97 | GlaxoSmithKline | United Kingdom | $6.8 B | $104.6 B | $104.4 B |
| 99 | LukOil | Russia | $9.9 B | $95.7 B | $41.2 B |
| 100 | China Vanke | China | $5.6 B | $245.3 B | $37.6 B |
Have you read?
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