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Half of the top 20 most profitable companies in the world are from the US

Half of the top 20 most profitable companies in the world are from the US

Wednesday 23, 10 2019
Among the top 20 most profitable companies in the world, there are 10 representatives of the US, including Apple, JPMorgan Chase, Alphabet, Bank of America, etc.
Currently, the global business profit is increasingly divided by fewer companies than before. For example, currently 50% of the total profits of US listed companies are in the hands of about 30 companies, whereas in 1975, this figure was 109 companies.

Here are the daily profits of the top 20 most profitable companies in the world today. In particular, headed by Saudi Aramco, the national oil company of Saudi Arabia, with a profit of 304 million USD / day. Profit figures are calculated at the end of fiscal year 2018 of the companies according to the Global 500 List of 2019 of Fortune magazine. 

In the top 20, there are 10 representatives from the US, including Apple, JPMorgan Chase, Alphabet, Bank of America ... Meanwhile, China has 5 representatives, including companies like the China Industrial and Commercial Bank, the China Construction Bank, the Agricultural Bank of China, etc. Two other Asian representatives are Samsung Electronics of Korea and Toyota Motor of Japan.

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