The Association of Magazine Media

FORBES’ 13TH ANNUAL GLOBAL 2000: THE WORLD’S BIGGEST PUBLIC COMPANIES Plus, Activist Investor Bill Ackman’s Second Act

NEW YORK (May 6, 2015) — Four Chinese banks top Forbes’ 13th annual Global 2000 ranking of the biggest, most powerful and most valuable companies in the world (Global 2000, p. 92 in the May 25 issue of Forbes magazine).  For the first time, China houses the world’s four biggest companies, and lands 5 of the top ten spots for the second year in a row. Criteria for the ranking include: sales, profits, assets and market value.  In total, Global 2000 companies account for $39 trillion in revenues, $3 trillion in profits, $162 trillion in assets, and $48 trillion in market value in 2015. Total market value grew 9% year-over-year, the most among the four metrics. The top five companies on the 2015 Global 2000 list are:

1.       Industrial & Commercial Bank of China (ICBC), China – Banking

2.       China Construction Bank, China – Banking

3.       Agricultural Bank of China, China - Banking

4.       Bank of China, China – Banking

5.       Berkshire Hathaway, United States – Conglomerate

Highlights include:

·         Thanks to a rising stock market and strong investor demand, the boom of the global IPO market added at least 20 notable newcomers to the list. In particular, Asian companies took the lead in raising capital, such as Alibaba’s IPO, the world’s largest IPO ever.

·         Notable newcomers include Dalian Wanda Commercial Properties (operated by China’s richest man Wang Jianlin); Electronic Arts; Nippon Paint (Asia’s largest paint manufacturer); Expedia; Axel Springer; Amorepacific (South Korea’s largest cosmetic player); and Tiffany & Co.

·         Notable gainers include Facebook, which increased more than 200 spots in this year’s ranking due to rising revenue and profits; American Airlines; Starbucks; and Monster Beverage.

·         The top 5 Country breakdown:

o   US: 579

o   China (mainland and Hong Kong): 232

o   Japan: 218

o   UK: 94

o   South Korea: 66

 

ALSO IN THIS ISSUE:

Cover Story:  Bill Ackman 2.0 (p. 82) - Activism gets the headlines on Wall Street, but its boldest practitioner, Bill Ackman, is quietly pivoting to a second act that has more in common with Warren Buffett than Carl Icahn.

 

Drones Wars (p. 130) – At 34, Frank Wang has turned his dream of flying robots into the world’s biggest drone company – and a $4.5 billion dollar fortune. Now, as the market for his devices explodes, his old colleague is trying to take him down.

 

Hall of Fame CEOs (p. 114) – These six CEOs have not only kept their jobs, they’ve also presided over some of the largest global growth stories of the last decade.

 

The Flight of His Life (p. 92) – At a North Carolina airfield just 240 miles from aviation’s birthplace, a revolutionary Honda engineer named Michimasa Fujino is making his 29-year dream of a new kind of business jet a reality.

 

Moving at the Speed of Money (p. 104) – While overhyped cryptocurrencies like Bitcoin grab all the attention, Visa CEO Charles Scharf has quietly put a $6.8 trillion strangehold on the world’s commercial transactions. The future of payments? Surprise! It’s already here.

 

The Google for the Broken Web (p. 48) – If you could expose every flaw on every website, all at once, wouldn’t that be a good thing? Not everyone agrees.

For the full list, visit www.forbes.com/global2000

Follow Forbes on Twitter (www.twitter.com/Forbes)

 

 

Laura Daunis

Senior Manager of Corporate Communications

Forbes Media

499 Washington Boulevard., Jersey City, NJ 07310

P: 212-367-4874

M: 917-858-2495

E: LDaunis@Forbes.com

Follow us on Twitter: @ForbesPR or on Forbes.com

Date: 
Wednesday, May 6, 2015