As usual, the prestigious Fortune magazine presented the ranking of the 50 most admired companies in the world and, to everyone’s surprise, it does not even include the popular social network Goal nor the famous manufacturer of electric cars Teslaof the South African businessman and magnate, Elon Musk.
This new list is based on a series of surveys carried out 3,700 executives, directors and analysts of companies who were asked which are the companies that are an example to follow in the corporate world.
Below is the ranking of the 50 most admired companies in the world:
1.Apple
The manzanita company continues to win first place among the world’s leading companies for its technological innovationhis financial strength and one management quality above average. Its main product: iphonehas made him position himself for sixteenth occasion above other sectors with great influence such as motoring or industries related to food. The tech giant had net profits of 29.998 million dollars between October and December, 13% less than in the same period of the previous year, and saw how its turnover fell for the first time since 2019.
In its first quarter of 2023 (Apple’s fiscal year begins in October), the company entered 117.154 million dollars5.5% less than a year before.
The results fell short of market expectations and its shares lost more than 3% in after-hours electronic trading. Wall Street.
2.Amazon
the giant of Jeff Bezos that revolutionized the way of buying online was ranked number two in the Fortune ranking for the seventh consecutive year. Its beginnings are well known: a garage in the city of Seattle where books were sold with a capital close to $10,000. It is one of the most valuable companies in the world, but it has not been able to displace Apple at the top of the most admired.
According to Forbes, Jeff Bezos has a net worth of 127.1 billion dollarswhich makes him one of the richest men in the world thanks to the fact that close to 90% of his fortune it comes from Amazon stock that is regularly sold to save some taxes.
3.Microsoft
Although it is located in position 3, the reality is that it shares second place with Amazon. As part of its ongoing technological reinvention, Microsoft will integrate into its Bing search engine the technology of artificial intelligence of the conversational robot ChatGPT, created by startup OpenAI, marking the beginning of an unprecedented challenge for the giant Googlewhich has dominated the search engine market for two decades.
In 2022, the Microsoft worldwide revenue were about 198.270 million dollars.
4. Berkshire Hathaway
Billionaire’s Signature Warren Buffetthad net losses in 2022 of 22,819 million dollarsagainst the gains of 89.795 million dollars registered in 2021, according to Forbes magazine.
Buffett has a fortune of 106,000 million dollarsaccording to the aforementioned medium, and turns it into the fifth richest person in the world.
The company quietly made a million-dollar acquisition in January, the company’s annual report shows.
The deal promises to increase its exposure to the burgeoning electric vehicle sector, according to Business Insider. The famous investor’s conglomerate bought 41.4% of Pilot Travel Centers for about $8.2 billion on January 31. The transaction brought Berkshire’s ownership in the business to 80%, having originally purchased a 38.6% stake in 2017.
5. JPMorgan Chase
According to Fortune magazine’s annual ranking of the World’s Most Admired Companies, financial companies earned recognition for navigating a inflation-plagued economy: in the case of JPMorgan Chasereached its highest position to be located on step number 5.
The largest bank in the United States reported net profits of 37,676 million dollars in 2022, a 22% less compared to the previous year.
Accumulated turnover for the year, on the other hand, increased by 6% YoY and stood at 128.695 million dollarsaccording to a statement.
In the fourth quarter, the most followed by analysts of Wall Streetthe entity won 11,008 million dollars, 6% more than in the same period of 2021.
6. The Walt Disney Company
Disney it remains in position 6 for the twentieth time. The mouse company, admired by many for its movies, amusement parks around the world, series and a new streaming platform, has enriched its coffers thanks to the acquisition of franchises such as Star Wars, Marvel and 20th Century Fox.
By the end of 2022, The Walt Disney Company generated revenues of approximately 82.700 million dollars, an increase of more than 15,000 million with respect to the previous year.
7. Costco Wholesale
It is the largest retail chain in the world, after Walmart, with 803 stores. It was founded by James Sinegal and Jeffrey Brotman, each with a net worth of over a billion dollars.
8.Pfizer
After the COVID-19 pandemic, one of the companies that caused an impact due to the strong increase in its assets was Pfizer, registering net profits of 31.372 million dollars, an increase of 42.7% compared to the profits of 21,979 million dollars of 2021.
9.Alphabet
alphabetthe parent company of Google, continues to command admiration in the corporate world due to the multiple benefits for their employees and how they react positively to these stimuli with a higher productivity and efficiency. People outside of the business world rate Google as the best company in the world to work for, however, it is ranked number 10 by Fortune magazine.
10.American Express
It is one of the main financial institutions in the world. It is headquartered in New York and among the services it offers are: travel insurance, car insurance and financing through extensive lines of credit. It has more than 1,700 offices in more than 130 countries.
(With information from Fortune, AFP and EFE)
Keep reading:
Who are the most powerful women in the world
Sheryl Sandberg, the Facebook executive who sets the course for women leaders
The 50 most important leaders in the world in 2019, according to Fortune magazine
Source-www.infobae.com