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The United States is a global powerhouse of some of the world’s most influential private companies that control much of the global business activity. Their expertise often overlaps across industries, resulting in an increase in their relevance.
Whether you are a business enthusiast, investor or curious about the pillars of American businesses, this list can provide fascinating insights for these corporate giants.
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In the United States, 258 famous companies reported revenues of more than $2 billion. This covers 85% of listed entities, and its reported revenue covers the calendar year for 2022. Meanwhile, others have ended their fiscal year as of October 2023.
Among this elite group, Cargill has made up the highest record revenue of $177 billion in the latest fiscal year in May 2023. That figure has increased by 7% compared to the previous year.
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10 largest private companies in the United States 2024
Koch Industries ensured its position in second place and maintained its stronghold with a revenue figure of $125 billion. Despite this financial capability, the family-owned company’s year-on-year sales performance has stagnated.
In the rankings, Publix Supermarket and HEB became powerful players, claiming to be third and fifth among the giants in the grocery store industry respectively.
|
rank |
Name |
state |
industry |
income |
employee |
|
1 |
Cargie |
Minnesota |
Food, soft drinks, alcohol and tobacco |
$177 b |
160,000 |
|
2 |
Koch Industry |
Kansas |
Multiple companies |
$125 b |
120,000 |
|
3 |
Publix Supermarket |
Florida |
Food Market |
$54.5 b |
250,000 |
|
4 |
Mars |
Virginia |
Food and beverages |
$47 b |
140,000 |
|
5 |
HEB Grocery Company |
Texas |
Food Market |
$43.6 b |
145,000 |
|
6 |
Reyes Holdings |
Illinois |
Food, drinks and tobacco |
$40 b |
36,000 |
|
7 |
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Missouri |
Travel and Leisure |
$35 b |
90,000 |
|
8 |
C&S Wholesale Grocery Store |
New Hampshire |
Food, drinks and tobacco |
$34.65 b |
15,000 |
|
9 |
Travel stations and country shops in Love |
Oklahoma |
Convenience stores and gas stations |
$26.5 b |
40,000 |
|
10 |
Southerner wine and spirits |
Florida |
Food, drinks and tobacco |
$26 b |
24,000 |
Grocery Juggernauts Publix Supermarkets and Heb claim the third and fifth positions on the list of the largest private companies in the United States. Finished fourth place is Mars, who is an outstanding player in the candy, food and pet care industry.
It is crucial to note that the list carefully excludes entities that fall outside of certain parameters. These exclusions involve companies belonging to outside the United States, exempt from income tax (e.g., Mohigan Tribal Games Administration), co-ownership structures (e.g., state farm insurance), cooperatives (e.g., companies with less than 100 employees), and more than 50% ownership of these entities, surpassed by another public company and surpassed by other public companies.
The list draws on Forbes’ “largest private company in the United States”, and its data shows the latest October 2023 information.
Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion