World's largest conglomerates: market value 2022 | Statista (2024)

FAQs

What is the world's largest conglomerate? ›

American retail corporation Walmart has been the world's largest company by revenue since 2014.

Reliance Industries topped the 2022 ranking of the conglomerates with the highest market value worldwide, beating out major players such as Honeywell International, 3M, Raytheon Technologies, and Siemens.

Conglomerates are large parent companies made up of smaller independent entities that may operate across multiple industries. Each of a conglomerate's subsidiary businesses runs independently of the other business divisions; but, the subsidiaries' managers report to the senior management of the parent company.

Apple is the largest company in the world, with a market cap of $2.54 trillion. It's followed by Microsoft ($2.09 trillion), Saudi Arabian Oil ($1.88 trillion), Alphabet ($1.35 trillion), and Amazon ($1.01 trillion).

APPLE (AAPL)

Apple has reclaimed the top spot on the list of the world's most valuable companies.

In the 2022 Forbes Global 2000 list, Comcast is America's largest media conglomerate, in terms of revenue, with The Walt Disney Company, Paramount Global, Warner Bros. Discovery, and Fox Corporation completing the top five.

Impact of conglomerates on the media: The four major media conglomerates in the United States are The Walt Disney Company, Comcast, Warner Bros. Discovery and Paramount Global.

Who is the father of conglomerates? ›

Royal Little (March 1, 1896 – January 10, 1989) was the founder and chair of Textron, and is considered to be the father of conglomerates.

Walt Disney Company & American Broadcasting Company merger - this is often cited as a prime example of a conglomerate merger.

Profitable Acquisitions

A successful conglomerate can show consistent earnings growth by acquiring companies whose shares are rated lower than its own. In fact, GE and Berkshire Hathaway have both promised—and delivered—double-digit earnings growth by applying this investment growth strategy.

Conglomerates are usually defined as a multi-industry company, and they've invariably become multi-industry through acquisitions. Some of the biggest conglomerates in the world are now the companies that come up in everyday conversation: Mars, P&G, Nestle, Philips, General Electric and more.

Just 37 years ago, there were 50 companies in charge of most American media. Now, 90% of the media in the United States is controlled by just six corporations: AT&T, CBS, Comcast, Disney, Newscorp and Viacom.

Market capitalization is calculated by multiplying the number of shares outstanding by the current price of a single share. Market value is assessed using numerous metrics and multiples including price-to-earnings, price-to-sales, and return-on-equity.

What is the 1 largest company in the world? The largest company in the world by revenue is currently the Saudi Arabian Oil Company (also known as Saudi Aramco), a state-owned oil and gas company based in Saudi Arabia.

Standard Oil

Well, that's because John D. Rockefeller founded Standard Oil in 1870 in Ohio. It became the largest oil refinery in the world for a number of years. Adjusted for inflation, in 1905, it was worth well over $1 trillion in today's money.

What is the most valuable brand? ›

Comcast is the biggest media conglomerate.

Comcast owns several important media companies, and combined with its overall revenue of $121.4 billion in 2022, the corporation is the largest media conglomerate in the country. AT&T is very close behind in second, with a revenue of $120.741 billion in 2022.

Five general types of conglomerate were considered, namely: marine, fluviatile, estuarine, lacustrine, and glacial. In addition to these, another type was studied, commonly known as crush-conglom- erate, but really pseudo-conglomeratic in its nature.

Netflix certainly has a valid claim of being a major media conglomerate as opposed to just a wildly popular distribution platform, given that Hastings says it will spend up to $8 billion on content this year alone, much of it to create original programming.

There are two types of conglomerate mergers: pure and mixed. Pure conglomerate mergers involve firms with nothing in common, while mixed conglomerate mergers involve firms that are looking for product extensions or market extensions. A leading manufacturer of athletic shoes, merges with a soft drink firm.

Some famous conglomerate mergers of recent times include Amazon and Whole Foods, eBay and PayPal, and Disney and Pixar.

Common ownership under a conglomerate implies that the shareholders have identical proportion of ownership in all divisions within the firm. In contrast, business groups allow for heterogeneous combinations of ownership or of shareholders across member firms.

Conglomerates differ from corporations in that a conglomerate must have wholly or partially owned subsidiary companies. A subsidiary is a company that is owned by another company. Corporations may or may not have subsidiaries. To become a conglomerate, a company must first register as a corporation.

Abstract. A subsidiary of a business group is an independent legal entity that can raise its own external capital with limited liability while a division of a conglomerate is not. In spite of the difference, prior studies do not clearly distinguish between business groups and conglomerates.

What is the richest company in the United States? ›

The Biggest Companies in the United States by Market Capitalization (March 24, 2023) As of March 23, 2023, with its market capitalization of $2,514 billion, APPLE INC. is the most valuable company in the United States, according to the CEOWORLD magazine, a list of the world's biggest companies by market cap.

A conglomerate is the combination of two or more business entities engaged in either entirely different or similar businesses that fall under one corporate group, usually involving a parent company and many subsidiaries.

Conglomerate rock is believed to be the oldest rock on the Planet as the layers of meta conglomerate have an age of more than 4 billion years. Conglomerate rock is a sedimentary rock consisting of individual clasts with a finer-grained matrix that has been cemented together.

Conglomerate effects arise when a merger has an effect on competition, but the merging firms' products are not in the same product market, nor are they inputs or outputs of one another.

- Over the years Amazon has evolved from an online book store, to an e-commerce giant and finally into a global conglomerate with business interests spanning an array of industries.

A firm is considered a global conglomerate if it owns businesses or other entities in at least one nation outside of its home country, where its headquarters are located.

Conglomerates were all the rage in the United States and Europe for decades, but hardly two dozen of them survive there today. By the early 1980s, they had been laid low by their poor performance, which led to the idea that focused enterprises were better at creating shareholder value than diversified companies were.

Valuation is determined by adding together the intrinsic value of all the smaller companies within a conglomerate, then subtracting the market capitalization for the conglomerate. It typically results in a 10%-15% discount in valuation for the conglomerate.

Is a conglomerate a monopoly? ›

Conglomerates differ from monopolies because they are a collection of companies from different industries, whereas a monopoly is a company that holds the most market share in its industry.

Key Takeaways

The conglomerates sector is a stock market industry group composed of conglomerate firms. A conglomerate is a corporation that is made up of a number of different, sometimes unrelated subsidiary businesses.

Conglomerates make up only a small percentage of all clastic sedimentary rocks. A common use for conglomerate is as a source of aggregates for construction; rarely, it is used as a building stone.

In a way, Amazon, Apple, Facebook, etc., are called a conglomerate by many due to their large-scale diversification from core business. For example, Amazon has come a long way from delivering books.

#1: Comcast Corporation – At the Top of the 10 Largest Media Companies in the World. The company was founded in 1963, in Tupelo, Mississippi, as American Cable Systems, then in 1969 moved its headquarters to Philadelphia, Pennsylvania. The company was renamed Comcast and is now the “Big Daddy” of media companies.

In this case, only six media conglomerates control 90% of the media industry, and around 232 media executives control the information that reaches the American population. These corporations have a net worth of over 430 billion dollars.

About the FCC. The Federal Communications Commission regulates interstate and international communications by radio, television, wire, satellite and cable in all 50 states, the District of Columbia and U.S. territories.

What is a unicorn company? A unicorn company, or unicorn startup, is a private company with a valuation over $1 billion. As of April 2023, there are over 1,200 unicorns around the world. Popular former unicorns include Airbnb, Facebook and Google.

- Over the years Amazon has evolved from an online book store, to an e-commerce giant and finally into a global conglomerate with business interests spanning an array of industries.

What is the single largest company in the world? ›

With 2.2 million employees across the United States and a few foreign nations, Walmart is the largest private-sector employer in the world.

The Government Pension Investment Fund of Japan remains the largest asset owner in the world (US$1.7 trillion) followed by the two largest sovereign wealth funds: Norges Bank Investment Management (US$1.4 trillion) and China Investment Corporation (US$1.2 trillion).

Bytedance is the most valued startup in the world with a current valuation of $300 billion. ByteDance Ltd. is a Chinese multinational internet technology company headquartered in Beijing, ByteDance was founded by Zhang Yiming in 2012.

The Biggest Companies in the United States by Market Capitalization (March 24, 2023) As of March 23, 2023, with its market capitalization of $2,514 billion, APPLE INC. is the most valuable company in the United States, according to the CEOWORLD magazine, a list of the world's biggest companies by market cap.

Unicorn Statistics

According to CB Insights, as of June 2022, there are more than 1,150 unicorns worldwide.

Apple and Google are big; they are not conglomerates.

Amazon's Trickle-Down Monopoly shows that it is by eliciting and constraining the agency of small business owners — rather than simply eliminating them — that Amazon has gained its power over global retail. In the process, countless small businesses across the world have made themselves in Amazon's image.

The nearly $8.5 billion merger deal between Amazon and MGM is official. MGM is the movie and TV studio behind the James Bond franchise, Legally Blonde and other popular films.