Saudi Aramco earns $ 1 million in 5 minutes

Saudi Aramco is the company that earns the most in one day. Apple needs almost double the time to do the same. Here is the ranking of the fastest

What is the company that earns the most in the world and faster? And the Saudi Aramco, the Saudi national hydrocarbon company, which to do $ 1 million takes 4.7 minutes. There Apple, who gave her the scepter, puts it almost twice: 8.8 minutes to earn a million dollars. Third classified the Industrial & Commercial Bank of China, which to reach one million needs 11.7 minutes. But to look at the top 10 of the most profitable companies there are plenty of surprises.

1. Saudi Aramco. Daily income: $ 304.04 million. It takes 4.7 minutes to make a million dollars. Every year it collects: 110,974,500,000 dollars.

2. Apple. Daily income: 163.1 million dollars. It takes 8.8 minutes to make a million dollars. Every year it collects: 59.531 million dollars.

3. Industrial & Commercial Bank of China. Daily income: 123.29 million dollars. It takes 11.7 minutes to make a million dollars. Every year it collects: 45.002.300.000 dollars.

4. Samsung Electronics. Daily income: 109.3 million dollars. It takes 13.2 minutes to make a million dollars. Every year it collects: $ 39,895,200,000.

5. China Construction Bank. Daily income: $ 105.48 million. It takes 13.7 minutes to make a million dollars. Every year it collects: $ 38,498,400,000.

6. JPMorgan Chase & Co. Daily income: 88.97 million dollars. It takes 16.2 minutes to make a million dollars. Every year it collects: 32.474 million dollars.

7. Alphabet (Google). Daily income: 84.21 million dollars. It takes 17.1 minutes to make a million dollars. Every year it collects: 30.736 million dollars.

8. Agricultural Bank of China. Daily income: 83.99 million dollars. It takes 17.1 minutes to make a million dollars. Every year it collects: 30,656,500,000 dollars.

9. Bank of America Corp. Daily income: 77.12 million dollars. It takes 18.7 minutes to make a million dollars. Every year it collects: 28.147 million dollars.

10. Bank of China. Daily income: 74.59 million dollars. It takes 19.3 minutes to make a million dollars. Every year it collects: $ 27,225,200,000.

The Saudi Eldorado

Second Bloomberg, the net profit of Saudi Aramco in 2018 it was equal to that of Apple, Alphabet, the parent company of Google and Exxon Mobil. And yet, despite being the most profitable company in the world, it only employs 65,000 people worldwide (Apple has 132,000 full-time). Its operations include oil and gas exploration and production, as well as refining, petrochemistry, international shipping, oil and gas marketing and distribution.

According to the ruler of the kingdom, the crown prince Mohammed bin Salman (Mbs) Saudi Aramco is worth more two thousand billion dollars. But even if analysts estimate a figure closer to 1,500 billion, the Saudi company, which will go on the Stock Exchange, will still have a record initial public offering (IPO). With the income the prince declared to want to develop new cities and various projects throughout Saudi Arabia, because the company is inextricably linked to the territory. Osama Bin Javaid explains it well Al Jazeera, author of the documentary The Company and the State: "Saudi Aramco is not a company like any other, but a company that manages a country, a fundamental country for what happens in the Middle East".

The Top 20. To find (and not) other famous companies, you need to turn the page and look at the second part of the ranking.

11. Royal Dutch Shell. Daily income: 63.97 million dollars.

12. Gazprom. Daily income: 63.55 million dollars.

13. Wells Fargo. Daily income: 61.35 million dollars.

14. Facebook. Daily income: $ 60.58 million.

15. Intel. Daily income: 57.67 million dollars.

16. Exxon Mobil. Daily income: 57.09 million dollars.

17. At & t. Daily income: $ 53.06 million.

18. Citigroup. Daily income: $ 49.43 million.

19. Toyota Motor. Daily income: $ 46.52 million.

12. China Development Bank. Daily income: 45.87 million dollars.