World’s highest grossing retailers (no, Amazon isn’t at the top)


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Walmart is the top-selling company in the world, turning over around $573 billion in annual revenue. This is according to the Statista company database Company DB. The company in second place, e-commerce giant Amazon, is a whopping $100 billion behind that with a revenue of around $470 billion.

Two Chinese companies are also included in the list. The State Grid Cooperation of China, which is in the business of electricity generation, transmission and distribution, and China Petroleum, a state-owned oil and gas enterprise. Two more fossil fuel companies, state-owned Saudi Aramco from Saudi Arabia and British-owned Shell, also make the Top 10.

Apple and Volkswagen are the only two consumer goods companies that appear on the list. A third retailer – and a second one from the traditional brick-and-mortar field – appears in rank six: U.S. drug store chain CVS. This means that Amazon remains the only seller dedicated exclusively to e-commerce on the list for now.

Here are the world’s highest-grossing companies in USD billions.


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10. Shell

  • Country: U.K.
  • Field: Oil & gas
  • Net worth in USD: $262B


Image Credit: JHVEPhoto / iStock.


  • Country: China
  • Field: Oil & has
  • Net worth in USD: $266B

Image Credit: CNPC.

8. UnitedHealth Group

  • Country: U.S.
  • Field: Healthcare
  • Net worth in USD: $277B

Image Credit: UnitedHealth Group.

7. Volkswagen

  • Country: Germany
  • Field: Motor vehicles
  • Net worth in USD: $285B

Image Credit: iStock / jetcityimage.

6. CVSHealth

  • Country: U.S.
  • Field: Retail
  • Net worth in USD: $292B

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5. Apple

  • Country: U.S.
  • Field: Technology
  • Net worth in USD: $366B

Related: These brands get the most online hate in America

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4. State Grid Corporation of China

  • Country: China
  • Field: Energy
  • Net worth in USD: $378B

Image Credit: State Grid.

3. Saudi Aramco

  • Country: Saudi Arabia
  • Field: Oil & gas
  • Net worth in USD: $401B

Image Credit: JHVEPhoto / iStock.

2. Amazon

  • Country: U.S.
  • Field: E-commerce
  • Net worth in USD: $470B

Related: Amazon vs Walmart vs Target: Here’s where Americans shop online the most

Image Credit:

1. Walmart

  • Country: U.S.
  • Field: Retail
  • Net worth in USD: $573B

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Image Credit: Wolterk / istockphoto.

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Image Credit: artran/istockphoto.