18 of 500
18. Glencore International
Glencore International
Rank: 18 (Previous rank: N.A.)
CEO: Ivan Glasenberg
Employees: 57,656
Address: Baarermattstrasse 3
Baar  6340
Country: Switzerland
Website: www.glencore.com

Swiss commodities company Glencore makes its debut on the Global 500 list this year, just after its $10 billion initial public offering in May. Although Glencore's IPO was the largest so far this year, the stock ultimately didnít garner as high of a price as many analysts expected.

Glencore is a producer and trader of bulk commodities. The company claims it controls much of the traffic of some of the world's most precious raw materials -- it says itís one of the world's largest suppliers of sugar, exporters of grain, and non-integrated suppliers of oil. As of the end of 2010, the company said it had over $79 billion worth of assets. --S.D.

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  $ millions % change from 2009
Revenues 144,978.0 36.3
Profits 1,291.0 31.3
Assets 79,787.0 --
Stockholders' equity 19,613.0 --
Profits as % of  
Revenues 1
Assets 1.6
From the July 25, 2011 issue
Figures prepared in accordance with International Accounting Standards.
Went public, May 19, 2011.
Editor's note: Chrysler Group was erroneously omitted from the Global 500 listing. With revenue of $41.9 billion, Chrysler ranks No.205 among all the companies in the world and 61st in the U.S. As a result, Bristol-Myers Squibb, which had ranked No.500, falls off the list. Updates may be found for the full list, rankings by country, and the list of arrivals. Fortune regrets the error.
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Rank # of Global 500 Companies
U.S. 133
Japan 68
China 61
Company 2010 Number of Employees
Wal-Mart Stores 2,100,000
China National Petroleum 1,674,541
State Grid 1,564,000
Company 2010 Profits
($ millions)
Nestlť $32,843
Gazprom $31,895
Exxon Mobil $30,460
FAQ and methodology
All companies on the list must publish financial data and report part or all of their figures to a government agency. In the U.S., private companies and cooperatives... More
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