The World's Biggest Companies

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Enough of this kangaroo, pirate and stem cell talk. It's time to talk money! The Fortune 500 for 2006 is out and I thought there were some interesting facts:

* The world's biggest employer is Wal-Mart, with more than 1.8 million employees. China National Petroleum has a little bit more than half that many and no other company has more than 900,000.

* Few will be surprised that 3 of 5 most profitable companies are oil companies. The other two are Citigroup and Bank of America.

* For all the talk about how Google is stealing away all Microsoft's talent, Microsoft is still the 13th most profitable company in the world and saw a 50% increase in profits from 2004.

* Apple Computer is 8th on the list of companies with the biggest increase in profits. Their profits increased by 383.7% from 2004.

* Tobacco industry profits grew 49.7%, putting it 4th on the list of industry profit growth.

* Tokyo is home to 52 Global 500 companies, more than double the number in NYC.

* And Exxon Mobil is still edging out Wal-Mart as the biggest company in the world (revenue-wise) by $14 billion. Exxon Mobil brought in almost $340 billion in 2005. That's a good bit higher than mental_floss LLC.

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July 12, 2006 - 6:11am
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