List of wealthiest organizations

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

The following is a list of the world's wealthiest organizations.

Charitable foundations[edit]

Organization Worth [billion USD] Country
Bill & Melinda Gates Foundation 51.6 United States
Novo Nordisk Foundation 49.1 Denmark
Stichting INGKA Foundation 36.0 Netherlands
Wellcome Trust 27.1 United Kingdom
Howard Hughes Medical Institute 23.8 United States
Azim Premji Foundation 21.0 India
Garfield Weston Foundation 15.7 United Kingdom
Ford Foundation 13.7 United States
Silicon Valley Community Foundation 13.6 United States

Religious organizations[edit]

Organization Worth [billion USD] Country Notes
The Church of Jesus Christ of Latter-Day Saints 67.0 United States [1][2]
Catholic Church Germany 25.0 Germany [3]
Catholic Church Australia 20.9 Australia [4]
Church of England 7.8 United Kingdom [5]
Opus Dei (part of the Catholic Church) 2.8 Italy [6]
Church of Scientology 2.0 United States [7][8]
Catholic Church Vatican Unknown Vatican City [citation needed]

Educational institutions[edit]

Organization Worth [billion USD] Country Notes
Harvard University 37.6 United States See Harvard University endowment
Yale University 25.6 United States N/A
University of Texas System 24.1 United States [9]
Princeton University 22.7 United States [9]
Stanford University 22.2 United States [9]

Companies[edit]

There can be some confusion over terminology. When "wealth" is discussed, it is net worth reflecting the total owned net financial worth clear of liabilities. Banks have extensive assets under management, known as loans, which are offset by depositor liabilities (e.g. checking and savings accounts) which enable banks to make such loans. The wealth consisting of stockholder's capital and retained earnings is a tiny fraction of this, typically 3 to 4.5%. While banks handle vast sums, they do not own these sums so have no corresponding wealth any more than a grocery store's wealth consists of every sale it has ever made, or that a buyer of a house under one hundred percent financing has their wealth suddenly increased by the value of the property. Many published lists will show banks with large assets holdings, and this is not to be confused in any manner with wealth or net assets.

On 11 December 2019, Saudi Aramco became the largest company by shares value after an IPO of $1.8 trillion was raised. [10]

Organization Market Capitalization [billion USD] Country Notes
Saudi Aramco 1,880 Saudi Arabia [10]
Apple Inc. 1,120 United States
Microsoft 1,100 United States [11]
Amazon 858 United States
Alphabet Inc. 838 United States
China National Petroleum Corporation 634 China
Samsung 529 South Korea
Volkswagen Group 510 Germany
Berkshire Hathaway 508 United States
Toyota 478 Japan
LIC 450 India
Alibaba Group 435 China
Tencent 398 China
Visa 385 United States
JPMorgan Chase 376 United States
State Grid Corporation of China 351 China
ExxonMobil 349 United States
Daimler AG 313 Germany
Hyundai Motor Group 313 South Korea
Chevron Corporation 266 United States
SoftBank 285 Japan
BP 261 United Kingdom
ONGC 240 India
Royal Dutch Shell 236 United Kingdom/Netherlands
Total S.A. 224 France

Largest asset management firms[edit]

The following is a list of the top 10 AMCs in the world (as of 2017), ranked by total assets under management (AUM):[12]

Rank Firm/company Country AUM (US$bn)
1 BlackRock United States 6,288
2 The Vanguard Group United States 5,100
3 UBS Switzerland 3,101
4 State Street Global Advisors United States 2,800
5 Fidelity Investments United States 2,488
6 Allianz Germany 2,268
7 J.P. Morgan Asset Management United States 1,900
8 BNY Mellon Investment Management United States 1,800
9 PIMCO United States 1,690
10 Amundi France 1,652

Note: PIMCO is a fully owned subsidiary of Allianz. Allianz's figure comprises the assets under management of PIMCO and Allianz Global Investors.[13]

See also[edit]

Individuals[edit]

Businesses[edit]

References[edit]

  1. ^ Henderson, Peter. "Insight: Mormon church made wealthy by donations". U.S. Retrieved 2018-10-18.
  2. ^ "MormonLeaks™ Compiles Information Connecting Mormon Church to $32 Billion of Investments | MormonLeaks". mormonleaks.io. Retrieved July 20, 2019.
  3. ^ "Reicher als fast alle Deutschen: Dieses Vermögen horten die katholischen Bistümer" (in German).
  4. ^ Millar, Royce; Schneiders, Ben; Vedelago, Chris (2018-02-12). "Catholic Church's massive wealth revealed". The Sydney Morning Herald. Retrieved 2018-02-12.
  5. ^ closed access "Church of England doubles hedge fund investments". Financial Times. (subscription required)
  6. ^ "Opus Dei sitting on fortune - Independent.ie". Independent.ie. Retrieved 2018-03-31.
  7. ^ Tom Gjelten (26 March 2015). "Church Of Scientology Calls New HBO Documentary 'Bigoted'". NPR.org.
  8. ^ Eric Thurm (30 March 2015). "10 Things We Learned From Scientology Doc 'Going Clear'". Rolling Stone.
  9. ^ a b c "U.S. and Canadian Institutions Listed by Fiscal Year (FY) 2015 Endowment Market Value and Change* in Endowment Market Value from FY2014 to FY2015" (PDF). nacubo.org. National Association of College and University Business Officers and Commonfund Institute. p. 2. Archived from the original (PDF) on 31 January 2016. Retrieved 28 August 2016.
  10. ^ a b Jolly, Jasper (2019-12-11). "Saudi Aramco shares soar as it becomes world's largest listed company". The Guardian. ISSN 0261-3077. Retrieved 2019-12-11.
  11. ^ "Microsoft Surpasses Exxon as 2nd Most Valuable Co". nytimes.com.
  12. ^ "Top Asset Management Firms". www.relbanks.com. Retrieved July 20, 2019.
  13. ^ "At a glance". Allianz.com. Retrieved July 20, 2019.