Find out how companies of Sy, RSA, JAZA, Gokongwei, Ty ranked among the world’s corporate giants
Six Philippine companies made it on Forbes Global 2000 list of the world’s largest public companies.
Bilyonaryo Henry Sy owns the No. 1 and No. 2 largest publicly owned company in the Philippines – SM Investments (No. 883 in the world) and BDO Unibank (No. 1,072 in the world).
Ramon S. Ang’s Top Frontier Investment Holdings (food,beverage and mining) is third (No. 1,210 in the world).
Jaime Augusto Zobel’s Ayala Corp. is fourth (No. 1,216 in the world).
John Gokongwei’s JG Summit is fifth (No. 1,506 in the world) and George TY’s Metropolitan Bank & Trust is sixth (No. 1,750 in the world).
The 16th edition of the Forbes Global 2000 covered colossal firms in 60 countries (560 from the United States and 291 from China) with a combined sales of $39.1 trillion, profits of $3.2 trillion, assets of $189 trillion, and market value of $56.8 trillion.
The top 10 biggest corporations in the world are:
1) Industrial & Commercial Bank of China (ICBC)
2) China Construction Bank
3) JPMorgan Chase (US)
4) Berkshire Hathaway (US)
5) Agriculture Bank of China (China)
6) Bank of America (US)
7) Wells Fargo (US)
8) Apple (US)
9) Bank of China (China)
10) Ping An Insurance Group (China)
The companies were ranked based on their sales (at least $4.47 billion), profits (at least $333.3 million), assets (at least $10.72 billio) and market value (at least $6.55 billion).