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Forbes Global 2000

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Forbes Global 2000
NameForbes Global 2000

Forbes Global 2000 is an annual ranking of the world's largest and most powerful public companies, published by Forbes magazine, featuring multinational corporations such as Apple Inc., Microsoft, Alphabet Inc., Amazon (company), and Berkshire Hathaway. The list is compiled based on a combination of factors, including sales, profits, assets, and market value, with companies like Walmart, ExxonMobil, and Procter & Gamble consistently ranking high. The ranking is widely followed by investors, financial analysts, and business leaders, including Warren Buffett, Bill Gates, and Mark Zuckerberg, who have all been featured on the Forbes 400 list. The Forbes Global 2000 list is often seen as a benchmark for corporate success, with companies like Johnson & Johnson, Coca-Cola, and McDonald's striving to improve their rankings.

Introduction

The Forbes Global 2000 list was first published in 2003, with the goal of providing a comprehensive ranking of the world's largest and most influential public companies, including Toyota, Volkswagen, and Royal Dutch Shell. The list is compiled by Forbes magazine, which is owned by Integrated Whale Media Investments and Forbes family, and is published annually in May, featuring companies like Facebook, Inc., Intel Corporation, and Cisco Systems. The ranking is based on a combination of factors, including revenue, net income, total assets, and market capitalization, with companies like UnitedHealth Group, McKesson Corporation, and Cardinal Health consistently ranking high. The list includes companies from a wide range of industries, including technology companies like IBM, Oracle Corporation, and SAP SE, as well as financial institutions like JPMorgan Chase, Bank of America, and Citigroup.

Methodology

The methodology used to compile the Forbes Global 2000 list involves a combination of four factors: sales, profits, assets, and market value, with companies like General Electric, 3M, and DuPont being evaluated. The sales factor is based on the company's revenue for the past fiscal year, with companies like Costco Wholesale, The Home Depot, and Lowe's generating significant revenue. The profits factor is based on the company's net income for the past fiscal year, with companies like Pfizer, Merck & Co., and United Technologies reporting significant profits. The assets factor is based on the company's total assets at the end of the past fiscal year, with companies like AT&T, Verizon Communications, and Comcast having significant assets. The market value factor is based on the company's market capitalization at the time of the ranking, with companies like Alibaba Group, Tencent Holdings, and SoftBank Group having significant market value.

Rankings

The Forbes Global 2000 list is ranked based on a composite score that takes into account the four factors mentioned above, with companies like Siemens, Bayer, and BASF consistently ranking high. The ranking is led by companies like Berkshire Hathaway, Apple Inc., and Microsoft, which have consistently ranked high in recent years. Other companies that have consistently ranked high on the list include Johnson & Johnson, Procter & Gamble, and Coca-Cola, as well as financial institutions like JPMorgan Chase, Bank of America, and Citigroup. The list also includes companies from a wide range of industries, including technology companies like Google, Amazon (company), and Facebook, Inc., as well as automotive companies like Toyota, Volkswagen, and General Motors.

List_of_Forbes_Global_2000_companies

The list of Forbes Global 2000 companies includes a wide range of companies from around the world, including Asian companies like Samsung Electronics, Honda, and Tata Group, as well as European companies like Royal Dutch Shell, Nestle, and Sanofi. The list also includes companies from the United States, such as ExxonMobil, Walmart, and McDonald's, as well as companies from other regions, including Latin America and Africa. Some of the notable companies on the list include IBM, Intel Corporation, and Cisco Systems, as well as financial institutions like Goldman Sachs, Morgan Stanley, and Wells Fargo. Other companies on the list include pharmaceutical companies like Pfizer, Merck & Co., and UnitedHealth Group, as well as retail companies like Costco Wholesale, The Home Depot, and Lowe's.

Impact_and_Criticism

The Forbes Global 2000 list has a significant impact on the business world, with companies striving to improve their rankings and investors using the list to make informed investment decisions, often consulting with financial analysts from Goldman Sachs, Morgan Stanley, and JPMorgan Chase. The list is also widely followed by business leaders, including Warren Buffett, Bill Gates, and Mark Zuckerberg, who have all been featured on the Forbes 400 list. However, the list has also been subject to criticism, with some arguing that it is too focused on market capitalization and does not take into account other important factors, such as social responsibility and environmental sustainability, which are often emphasized by companies like Patagonia, The Body Shop, and Seventh Generation. Others have argued that the list is too dominated by companies from the United States and Europe, and does not adequately represent companies from other regions, such as Asia and Latin America, which are home to companies like Alibaba Group, Tencent Holdings, and Ambev.

History

The Forbes Global 2000 list was first published in 2003, and has been published annually since then, featuring companies like General Electric, 3M, and DuPont. The list was created by Forbes magazine, which is owned by Integrated Whale Media Investments and Forbes family, and is published in May of each year, often coinciding with the World Economic Forum and the Davos conference. Over the years, the list has undergone several changes, including the addition of new factors and the modification of the weighting of existing factors, with input from experts like Nouriel Roubini, Joseph Stiglitz, and Paul Krugman. Despite these changes, the list has remained a widely followed and influential ranking of the world's largest and most powerful public companies, including multinational corporations like Apple Inc., Microsoft, and Alphabet Inc.. The list has also been recognized by business leaders and investors around the world, including Warren Buffett, Bill Gates, and Mark Zuckerberg, who have all been featured on the Forbes 400 list, and have spoken at conferences like TED (conference), South by Southwest, and World Economic Forum.