The year 2020 was not a good year for the global business community. It indeed was a miserable year which saw several companies either go bankrupt or complete closure. It was also a worst year for public companies as well. With the outbreak of coronavirus in China, nobody knew that it would turn out to be a global pandemic that caused 1.8 million deaths around the world. As the virus, hit every country, the businesses witnessed lockdown except the essential ones. The businesses of essential nature also faced supply chain issues, which devastated due to the pandemic and lockdowns. Currently, as we enter 2021, several countries are still trying to cope with recession or depression and investors are still uncertain about the days ahead. The hospitality and aviation industries suffered unprecedented loss. These industries had to lay off hundreds and thousands of workers around the globe to minimize the losses, being suffered. The investors withdrew money from shares and invested on stable and more promising bets like gold. If we consider the current situation, the analysts are of the view the things are likely to return to normal by 2024 at minimum while travel and aviation industry will restore in the year 2025. In this article, we will share Top 5 Global Public Companies as shared by Insider Monkey.
Berkshire Hathaway is one of the renowned global public companies, owned by millionaire Warren Buffet. In the year 2019, the total revenue of the company was $254.6 billion and during the same year, the company owned assets worth of $817.7 billion. Warren Buffet has been one of the richest persons in the world for some decades and he is popular for his investment knowledge and experience among the business community. Another prominent public company is Microsoft. It is owned by Bill Gates, who remained the richest person for several years. Currently, he is among top 5 richest persons of the world. During 2019, Microsoft’s revenue stood at $138.6 billion and during the same year, the company owned assets worth of $285.4 billion. Total workforce of the company is 144,000 people. Microsoft is behind the revolution of the current age IT. If you are on a PC or laptop, you might be reading this article on one of the Microsoft’s apps. To summarize the information, you can read more about the public companies at 15 Biggest Public Companies In The World In 2021.
