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[3] [4] [5] Walmart is the world's largest company by revenue, according to the Fortune Global 500 list in October 2022. [20] Walmart is also the largest private employer in the world, with 2.1 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family.
Walmart, the world's largest company by revenue since 2014 [1] This list comprises the world's largest companies by consolidated revenue, according to the annually ranked Fortune Global 500 published by Fortune magazine, as well as other sources. [2] Out of 50 largest companies 23 are American, 17 Asian and 10 European. [2]
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The latter of the two cannibalized the Walmart-owned warehouse store to create one of the largest retail stores in the U.S., employing about 360 associates, according to Walmart.
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Walmart United States: 2.1 2 Amazon United States: 1.54 3 China National Petroleum China: 1.08 4 State Grid China: 0.87 5 Foxconn Taiwan: 0.76 6 China Post Group China: 0.75 7 Accenture United States: 0.72 8 Volkswagen Germany: 0.68 Partially 9 United States Postal Service United States: 0.57 10 BYD Company China: 0.57
Employment by major industry sector [ edit ] According to research from the Federal Reserve Economic Data (more specifically, provided by the Bureau of Labor Statistics ), health care has now surpassed both manufacturing and retail as the engine for employment growth in the coming decades.