Fortune has crunched the numbers and presented some fascinating discoveries. The 500 largest companies in the world employ approximately 69.9 million individuals and earned a grand total of US$2.06 trillion in profits last year – that comes to an average of US$29,500 in profits per employee. But only less than 20 of those 500 companies managed to generate over US$250,000 profits per employee.
Federally-backed home mortgage companies from the US – Fannie Mae and Freddie Mac – made themselves at home in first and third place respectively. Sandwiched between them is none other than Saudi Aramco; the petroleum and natural gas company that had a jaw-dropping IPO back in 2019, effectively allowing it to rein as the world’s most valuable company until recently. Outside of the Big 3, however, the competition drops off by a considerable margin.
Check it out below.
Note: all $$$ = USD.
- Fannie Mae ($1.9 million)
- Saudi Aramco ($1.1 million)
- Freddie Mac ($1.0 million)
- Conoco-Phillips ($691,000)
- Enterprise Prod. Part. ($629,000)
- Rajesh Exports ($416,000)
- Facebook ($411,000)
- Apple ($403,000)
- Enbridge ($380,000)
- Massachusetts Mutual Life Insurance ($374,000)
- CNP Assurances ($295,000)
- AIA Group ($289,000)
- Alphabet ($289,000)
- BHB Group ($287,000)
- Energy Transfer ($280,000)
- Legal & General Group ($274,000)
- Microsoft ($273,000)
- ABBVIE ($263,000)
If you think these numbers are ridiculous, Jeff Bezos is now worth over US$200 billion – read how we put that into perspective (and try not to weep).
Source: Fortune
