List of wealthiest organizations

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

Charitable foundations

Organization Worth [billion USD] Country
Novo Nordisk Foundation 49.1[1]  Denmark
Bill & Melinda Gates Foundation 46.8[2]  United States
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

Religious Organizations

Organization Worth [billion USD] Country Notes
Catholic Church Unknown   Vatican City [3]
The Church of Jesus Christ of Latter-day Saints 100  United States [4]
Catholic Church in Germany 26.0  Germany [5]
Protestant Church in Germany 25.0 [6]
Catholic Church in Australia 20.5  Australia [7]
Church of England 7.8  United Kingdom [8]
Trinity Church 6.0  United States [9][10][11]
Opus Dei (part of the Catholic Church) 2.0  Italy [12]
Catholic Church in the Philippines 2.0  Philippines [13]
Church of Scientology 2.0  United States [14][15]

Educational institutions

Organization Worth
(billion USD)
Country Notes
Harvard University 37.6  United States See Harvard University endowment
Yale University 25.6 N/A
University of Texas System 24.1 [16]
Princeton University 22.7 [16]
Stanford University 22.2 [16]

Companies

There can be some confusion over terminology. When "wealth" is discussed, it is net worth, i.e. the total owned net financial worth clear of liabilities. As shown in many published lists, a large bank has vast amounts of assets under management, such as loans, but most of these are offset by liabilities (e.g. checking and savings accounts) which enable banks to make these loans. The wealth, consisting of stockholders' capital and retained earnings, is a tiny fraction of this, typically 3% to 4.5%.

On December 11, 2019, Saudi Aramco became the largest company by value of its shares after it was valued at $1.8 trillion in an initial public offering.[17]

Organization Market capitalization
(billion USD)
Country Notes
Saudi Aramco 2,100  Saudi Arabia [17]
Microsoft 1,470  United States [18]
Apple Inc. 1,440
Amazon 1,080
Alphabet Inc. 1,050
China National Petroleum Corporation 634  China
Alibaba Group 620
Tesla,_Inc. 572  United States
Berkshire Hathaway 570  United States
Tencent 550  China
Samsung 529  South Korea
Volkswagen Group 510  Germany
Toyota 478  Japan
JPMorgan Chase 470  United States
Visa 460
LIC 450  India
State Grid Corporation of China 351  China
ExxonMobil 349  United States
Daimler AG 313  Germany
Hyundai Motor Group 313  South Korea
SoftBank 285  Japan
Chevron Corporation 266  United States
BP 261  United Kingdom
ONGC 240  India
Royal Dutch Shell 236  United Kingdom

 Netherlands

Total S.A. 224  France

Largest asset management firms

The following is a list of the top 10 AMCs in the world (as of 2017), ranked by total assets under management (AUM):[19]

Rank Firm/company Country AUM (US$bn)
1 BlackRock  United States 6,288
2 The Vanguard Group 5,100
3 UBS   Switzerland 3,101
4 State Street Global Advisors  United States 2,800
5 Fidelity Investments 2,488
6 Allianz  Germany 2,268
7 J.P. Morgan Asset Management  United States 1,900
8 BNY Mellon Investment Management 1,800
9 PIMCO 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.[20]

See also

Individuals

Businesses

References

  1. https://novonordiskfonden.dk/wp-content/uploads/NNF_ANNUAL_REPORT_2018.pdf
  2. https://www.gatesfoundation.org/who-we-are/general-information/foundation-factsheet
  3. Morrison, Kristopher. "Wealth of Roman Catholic Church impossible to calculate.", National Post, Salt Lake City, March 8, 2013. Retrieved on April 4, 2020.
  4. Lovett, Ian; Levy, Rachael. "The Mormon Church Amassed $100 Billion. It Was the Best-Kept Secret in the Investment World.", The Wall Street Journal, Salt Lake City, February 8, 2020. Retrieved on February 15, 2020.
  5. "Germany's Catholic Church counts its many financial blessings" (in German).
  6. "Holy orders: Germany's Catholic Church counts its many financial blessings". www.handelsblatt.com. Retrieved May 18, 2020.
  7. Millar, Royce; Schneiders, Ben; Vedelago, Chris (February 12, 2018). "Catholic Church's massive wealth revealed". The Sydney Morning Herald. Retrieved February 12, 2018.
  8. "Church of England doubles hedge fund investments". Financial Times. (subscription required)
  9. Margolies, Jane (February 8, 2019). "The Church With the $6 Billion Portfolio". The New York Times. ISSN 0362-4331. Retrieved September 29, 2020.
  10. "New York's Trinity Church has a diverse investment portfolio worth $6 billion". www.christianpost.com. Retrieved September 29, 2020.
  11. Widaman, Dwight (February 14, 2019). "With $6 billion, is this the richest church in America?". Metro Voice News. Retrieved September 29, 2020.
  12. "Opus Dei sitting on fortune - Independent.ie". Independent.ie. Retrieved March 31, 2018.
  13. Tiglao, Rigoberto. "With its P100-B wealth, Church can feed 1M poor Filipinos daily, but it doesn't". The Manila Times. Retrieved August 1, 2020.
  14. Tom Gjelten (March 26, 2015). "Church Of Scientology Calls New HBO Documentary 'Bigoted'". NPR.org.
  15. Eric Thurm (March 30, 2015). "10 Things We Learned From Scientology Doc 'Going Clear'". Rolling Stone.
  16. "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 January 31, 2016. Retrieved August 28, 2016.
  17. Jolly, Jasper (December 11, 2019). "Saudi Aramco shares soar as it becomes world's largest listed company". The Guardian. ISSN 0261-3077. Retrieved December 11, 2019.
  18. "Microsoft Surpasses Exxon as 2nd Most Valuable Co". nytimes.com.
  19. "Top Asset Management Firms". www.relbanks.com. Retrieved July 20, 2019.
  20. "At a glance". Allianz.com. Retrieved July 20, 2019.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.