General Electric: No.1 in the Forbes Global 2000 List of World’s Biggest Companies

General Electric Company leads the Forbes Global 2000 list of the world’s biggest companies. From no. 2 last year, the American giant company grabbed the no. 1 rank for the Global 2000 list for 2009. Next to GE is 2008 no. 6 ranked Royal Dutch Shell of Netherlands. Japan’s Toyota Motor Corp. who was no. 8 last year has climbed to the third spot. These Companies proved that even in times of global economic crisis, there will always be opportunities for corporate success.

UK’s HSBC Holdings, the no. 1 ranked company in 2008, has slipped down to No. 6 this year. The biggest loser among the top three last year, was Bank of America, who was in the third spot during 2008, but fall down to no. 38 this year. The Forbes Global 2000 list is ranked based on the Company’s sales, profits, assets and market value. The following are the top companies based on those criteria:

Based on Sales:

Royal Dutch Shell (Global 2000 ranked No. 2) of Netherlands with $458.36 Billion sales

Based on Profits:

ExxonMobil (Global 2000 ranked No. 4) of USA with $45.22 Billion profits

Based on Assets:

Royal Bank of Scotland (Global 2000 ranked No. 431) of United Kingdom with $3,490.80 Billion assets

Based on Market Value:

ExxonMobil (Global 2000 ranked No. 4) of USA with $335.54 Billion market value

GE was No. 10 based on sales ($182.52 billion); 7th based on profits ($17.41 billion); No. 33 based on assets ($797.77 billion); and 27th based on market value ($89.87 billion).

Google, the internet search engine king was ranked no. 155th in the Global 2000. Google, Incorporated was ranked no. 213 last year. Yahoo, Inc. on the other hand was ranked no. 667th this year from 648th spot last year.

For more information about Forbes Global 2000 list, please visit the Forbes website.

Thanks to Erkan for the photo.

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