Let’s have a look at the below list of Top 10 Richest Companies of USA in 2016 and 2017. United States of America have emerged widely in present era. The trade and industry have made different revolutions in the 21st century not only in the US, but also in the whole world. The new way of trade and commerce are introduced according to new challenges and grooming markets. At present the most of US companies are listed in Fortune 500 companies.
These well-developed companies have a direct affect on the US economy and investment in local as well as international markets. The performance of these companies can easily observe from the life standards of the people of US. The tremendous revenue collected from the top companies of US is also a remarkable factor in such revolutionary development in the US.
The top 10 richest companies of USA 2016-2017 are listed below:
10. AT&T: (Revenue $146.8 billion)
AT&T Inc. is an American based multinational telecommunication company. In the US it is the largest provider of fixed phones and second largest provider of mobile phones. AT&T also owns television services with different satellite channels and is one of the largest TV service provider of the US having 26 million users as well as 19 million users from other countries. The television service is the key to the success of the company.
9. Ford Motor: (Revenue $149.6 billion)
Ford Motor Company is a automobile manufacturer company based in America. The most famous brand of the company is Ford which provides expensive luxury cars as well as commercial cars all over the world. The company has remarkably incremented the revenue as well as the standard by maintaining quality and standard for the reliability of the customers.
8. General Motors: (Revenue $152.4 billion)
General Motor Company is an American based multinational company. It is the manufacturer, designer, distributor of vehicle and vehicle parts. General motors have almost 13 brands which are providing services in 37 countries in the world. It is also the largest automobile company in the US.
7. CVS Health: (Revenue $153.3 billion)
CVS Health is an American based health and retail company. CVS operates a large number of pharmacy stores and pharmacy benefits manager. The company has evolved the business by implementing different experiments in the pharmacy business. CVS is also listed among Fortune 500 companies.
6. UnitedHealth Group: (Revenue $157.1 billion)
UnitedHealth Group Inc is an American based health providing company and it is the largest health insurance company of America. The company is serving almost 70 million inhabitants of America and about 30 million in other countries of the world. The company operates with its new brand Opum, which is providing BPO services. The company is a Fortune 500 listed as well.
Also Read: Richest Electronic Companies In The World
5. McKesson: (Revenue $181.2 billion)
McKesson Corporation is an American based pharmaceutical company which provides different services like medical supplies, care management tools and health information technology. The company has also evolved business and a Fortune 500 listed. The service like bar code scanning and pharmacy robots are introduced by McKesson.
4. Berkshire Hathaway: (Revenue $210.8 billion)
Berkshire Hathaway Inc. is an American based multinational company. It is actually an insurance and an investment conglomerate company. Berkshire Hathaway is also one of the most expensive stocks in the world. The company owns different sub companies with its shares. Berkshire Hathaway has a remarkable increment in the revenue every year. The company has made tremendous development in the field of investment and rules the stock markets widely. It is also a Fortune 500 company.
3. Apple: (Revenue $233.7 billion)
Apple Inc. is an American-based multinational and one of the Largest tech companies. Apple is the designer, developers and seller of computer software, online service as well as consumer electronics. Apple`s iPhone, iPod, iMac, Mac personal computers like products is famous worldwide. The laptops and phones designed by Apple have considered the largest selling brand throughout the world. In terms of revenue Apple is the largest information technology company in the whole world as well as the second largest mobile phone manufacturer. Apple is also a Fortune 500 company.
2. Exxon Mobil: (Revenue $246.2 billion)
Exxon Mobil Corporation is an oil and gas corporation of America. By revenue it is also among the world`s largest company. It is a world standard an largest oil and gas company having remarkable services. The reserves of oil and gas are very large as compared to the companies. Exxon Mobil is a Fortune 500 listed company with an incremented annual revenue.
1. Walmart: (Revenue $482.1 billion)
Walmart is an American based multinational retail company. Lagging behind all the companies, Walmart is the top most companies in the US. It operates thousands of hypermarkets, discount stores and grocery stores in different countries of the world. It is the second largest retail company of US but also it is one of the largest companies in the world and own by Walton family one of the richest family in the US. It operates thousands of stores under several banners in almost 28 countries. At present Walmart is listed as the top company in the US as well as in Fortune 500 companies.
These companies from decades are ruling the market of the US with ups and downs, but still have a healthy competition among these. Yet these are very important also as they are contributing revenue to state as well as raising the standard of people by providing different services.