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Forbes Global 2000 Companies 2006

The document summarizes the Forbes Global 2000 list of the largest public companies in the world for 2006. It provides details on how the Forbes list differs from the Fortune 500 in its ranking methodology. The top three companies on the Forbes Global 2000 list are Citigroup, General Electric, and Bank of America. Oil and gas companies dominate the top rankings based on sales and profits. American companies hold six of the top ten spots overall.

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87 views2 pages

Forbes Global 2000 Companies 2006

The document summarizes the Forbes Global 2000 list of the largest public companies in the world for 2006. It provides details on how the Forbes list differs from the Fortune 500 in its ranking methodology. The top three companies on the Forbes Global 2000 list are Citigroup, General Electric, and Bank of America. Oil and gas companies dominate the top rankings based on sales and profits. American companies hold six of the top ten spots overall.

Uploaded by

sidhantbehl17
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© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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World's Largest Companies Review 2006

Forbes has released what it believes to be the 2000 largest public companies in the world for 2006.
The Forbes global 2000 differs slightly from the Fortune 500 companies list as it measures more than
just the profits and the size of each company on the list. Those listed are ranked according to their
assets, market value, profits, and sales.

As an example, the top 3 Fortune 500 companies in 2006 according to the Fortune magazine include
Exxon Mobil, Wal-Mart Stores, and General Motors. But the Forbes Global 2000 has Citigroup,
General Electric, and Bank of America as the top three public companies in the world.

The largest 2000 companies in the world increased their combined profits by 32% with just a 10% rise
in sales over the past 12 months. Which clearly shows that increasing sales is not the only way to
increase profits. Good management, innovative products, and cutting costs has proven to be just as
important for increasing profits this year.

Two thousand of the largest companies in the world had sales of $24 trillion, profits of $1.7 trillion, $88
trillion in assets, a market value of $31 trillion, and employ 68 million people. American companies
have six of the top ten places, including the first four of the world's largest.

If the list focused on company sales, the top ten companies in the world would of been dominated by
oil and gas companies. Soaring gas prices in recent years have pushed oil companies towards the top
of nearly every company list available. Whether one looks at sales, profits, or market value there have
always been large multi national oil companies saturating the top 10.

Heading the profits ranking is Exxon Mobil with $36.13 billion, while the remaining top ten is also
dominated by oil and gas companies. The computer software company Microsoft is a standout in the
top ten company profits with $13.06 billion for the year.

Assets is about the only category that is not dominated by the oil industry. Barclays has the most
assets with $1,587.06 billion, yet achieved just $5.92 billion in profits. The first company on the assets
list that is not focused on banking, finance, or insurance is General Electric in 28th position.

See below for a listing of the top ten global companies according to the Forbes business magazine.

Sales Profit Assets Mkt Val


Rank Company Country Industry
($billion) ($billion) ($billion) ($billion)
Citigroup 120.32 24.64 1,494.04 230.93
General 149.70 16.35 673.30 348.45
Electric USA 85.39 16.47 1,291.80 184.17
1. Banking
Bank of USA 106.98 11.90 843.40 172.24
2. Conglom.
America USA 76.38 12.36 1,274.22 193.32
3. Banking
American Intl USA 328.21 36.13 208.34 362.53
4. Insurance
Group UK 306.73 25.31 216.95 203.52
5. Banking
HSBC Group USA 249.47 22.63 206.91 225.93
6. Oil / Gas
ExxonMobil Netherlands 79.90 8.48 1,198.94 144.13
7. Oil / Gas
Royal 78.25 10.65 1,519.40 105.69
8. Oil / Gas
Dutch/Shell UK
9. Banking
BP USA
10. Financial
JPMorgan Switzerland
Chase
UBS

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