Just imagine how many corporations there are in the world that are so huge that their income exceeds the profits of entire countries! Yes, this is not a joke, indeed of entire countries. The revenues of companies such as McDonald’s, Facebook, and Twitter are completely ahead of the economy, exceeding the GDP of several countries. In this article, you will find out which companies’ income exceeds the GDP of some countries.
1 Twitter
The world witnessed the first tweet being sent on March 21, 2006, and since then, Twitter has risen to become one of the largest in the world and wealthiest corporations.
According to the corporation, roughly 500 million tweets are sent every day across the globe, with a total value of around $35.01 billion. Twitter is presently worth more than Equatorial Guinea, which has a GDP of $12.142 billion, with a projected drop to $9 billion by 2020.
2 Vodafone
Vodafone is one of the major telecommunications corporations in the world, having around 625 million mobile clients worldwide. To put this in context, it is approximately double the total population of the United States. Vodafone’s net worth is $38.87 billion as of 2020, making it wealthier than Gabon.
Gabon is one of Africa’s largest oil producers. However, there is a huge disparity between its richest and poorest citizens. Gabon has a third of its people living in poverty, and the country’s GDP is $16.7 billion. However, it is anticipated to fall to $13 billion by the end of 2020.
3 Apple
Apple Inc, situated in Cupertino, California, is the most valuable company globally, with a market capitalization of $ 2.4 trillion. With $275 billion in 2020, Apple is the most successful brand. It was created in 1976 by Steve Wozniak, Ronald Wayne, and Steve Jobs. The yearly GDP of Oman is $82 billion.
4 Samsung
Samsung is the world’s leading maker of mobile phones and a multinational electronics firm based in Seoul, South Korea. It also produces batteries, IC chips, hard drives, image sensors, cameras, and other electronic components. Samsung employs 290,000 people.
In 1969, Samsung was formed as a fertilizer and sweetener manufacturer. In 2020, the corporation was expected to generate $200 billion in revenue. Croatia’s national brand is worth $32 billion.
5 McDonald’s
Though McDonald’s had a difficult time in the early phases of the epidemic, it quickly recovered, with US sales swiftly rebounding. The fast-food franchise and empire are currently valued at $155.9 billion, making it wealthier than Cuba. Even though Cuba’s GDP has been steadily increasing since the late 1990s, it achieved an all-time high of $100 billion in 2019. While the country’s GDP was large, it was still far smaller than the value of McDonald’s.
The GDP is predicted to reach $91.20 billion by the end of 2020 due to the epidemic.
6 Alibaba
Alibaba Group Holding Limited is a Chinese technology corporation specializing in e-commerce, retail, and the Internet. Alibaba was founded by Jack Ma and is valued at $109.4 billion in 2020.
With a net worth of $51 billion, Jack Ma is one of Asia’s wealthiest industrialists. Alibaba has a diversified portfolio of enterprises operating in many market categories throughout the world. Chad’s GDP is $14 billion per year.
