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04 August 2022

Key Highlights of the 2022 Fortune Global 500 (including Malaysia's)

On Aug 3, FORTUNE announced the Fortune Global 500 list for 2022, ranking the world's largest corporations by revenue for fiscal 2021.

Walmart claims the top spot for the 9th consecutive year, and for the 17th time since 1995. Saudi Aramco (No. 6) reclaims its title as the world's most profitable company, with $105 billion in earnings.


Companies are ranked by total revenues for their respective fiscal years ended on or before March 31, 2022. All companies on the list must publish financial data and report part or all of their figures to a government agency.

Are you ready to know more?
Chinese companies outnumbered the US?
Any representative from our boleh-land Malaysia?


THE 2022 FORTUNE GLOBAL 500 TOP 10 LIST:

  1. Walmart (U.S.)    
  2. Amazon.com (U.S.)  
  3. State Grid (China) 
  4. China National Petroleum (China)    
  5. Sinopec (China)   
  6. Saudi Aramco (Saudi Arabia)
  7. Apple (U.S.)  
  8. Volkswagen (Germany)   
  9. China State Construction Engineering (China)
  10. CVS Health (U.S.) 

Among some of the key highlights:
  • Features 145 Chinese companies (including HK and Taiwan) 😲, 124 U.S. companies, and 47 Japanese companies.

  • For the first time, the aggregate revenue of Fortune Global 500 companies based in Greater China (including Taiwan) exceeded the revenue of U.S. companies on the list, accounting for 31% of the total.

  • Aggregate sales and profits hit record levels in fiscal year 2021 for the Fortune Global 500. 💢💢💢

  • Fortune Global 500 companies generated revenues totaling $37.8 trillion—more than one-third of the world's GDP—for an increase of 19% over last year.

  • Cumulative profits were up 88% over last year, for a record $3.1 trillion.

  • Companies on the 2022 list employ 69.6 million people worldwide.

  • The number of women CEOs of Fortune Global 500 companies rose to 24 this year, from 23 last year. 👩
2022 Fortune Global 500 ranking (with Petronas inside)

Malaysia's only representative - Petronas 💖💖💖

Petroliam Nasional Bhd's (Petronas) 2022 Fortune Global 500 ranking rose to 216 from 277 in 2021. The oil and gas company has total assets of US$152.50 billion and employs more than 46 thousand people across the globe as of last year. 👍👍👍

View the complete list here: https://fortune.com/global500/2022

- The End -

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