List of largest private non-governmental companies by revenue

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This is a list of the world's largest non-governmental privately held companies by revenue. This list does not include state-owned enterprises like Sinopec, State Grid, China National Petroleum, Kuwait Petroleum Corporation, Pemex, Petrobras, PDVSA and others. These corporations have revenues of at least US$10 billion.

Largest private non-governmental companies by revenue

More information No., Company ...
No. Company Revenue (in billions of USD) Headquarters Founded
1 Vitol 400 (2023)[1]Switzerland1966
2 Trafigura Group 244.3 (2023)[2] Singapore 1993
3 Schwarz Group 180.6 (2023)[3] Germany1930
4 Cargill 160 (2023/24) [4] United States 1865
5 Koch, Inc. 125 (2021)[5]United States1940
6 Aldi 120.96 (2023)[6] Germany 1946
7 E.Leclerc 102.98 (2023)[7] France 1948
8 Suning Holdings Group 102.9 (2019/20)[8] China 1990
9 REWE Group 99.69 (2023)[9] Germany 1927
10 Huawei 99 (2023)[10][11]China1987
11 Robert Bosch 98.92 (2023)[12] Germany 1886
12 Amer International Group 88.9 (2019)[13] China 1995
13 HNA Group 88.5 (2018)[11] China 2000
14 ByteDance 85.2 (2022) * China 2012
15 State Farm 82.2 (2021)[13] United States 1922
16 Hengli Group 80.6 (2019)[14] China 1994
17 Pacific Construction Group 77.07 (2021)[13] China 1986
18 Nippon Life Insurance 74 (2019/20)[13] Japan 1889
19 Deloitte 67.2 (2024)[15] United Kingdom 1845
20 Ineos 65 (2021)[16] United Kingdom 1998
21 CMA CGM 56 (2021)[17] France 1978
22 PwC 55.2 (2024) [18] United Kingdom 1998
23 Auchan Holding 54.7 (2019)[13] France 1961
24 EY 51.2 (2024)[19] United Kingdom 1989
25 Groupe BPCE 47.9 (2019)[13] France 2009
26 Zheijiang Geely Holding Group 47.89 (2019)[13] China 1986
27 Ingram Micro 47.2 (2019)[20] United States 1979
28 SPAR 46.98 (2022)[21] Netherlands 1932
29 IKEA 45.4 (2018/19)[22][23] Sweden 1943
30 New York Life Insurance Company 44.2 (2019)[13] United States 1845
31 Nationwide 44 (2019)[13] United States 1926
32 Liberty Mutual Insurance Group 43.2 (2019)[13] United States 1912
33 Cedar Holdings Group 41.3 (2019)[24] China 1997
34 ZF Friedrichshafen 40.9 (2019)[13] Germany 1915
35 TIAA 40.5 (2019)[13] United States 1918
36 Shandong Weiqiao Pioneering Group 40.4 (2019)[13] China 1951
37 Edeka Zentrale 39.8 (2019)[13] Germany 1898
38 DZ Bank 39.1 (2019)[13] Germany 2001
39 Publix Super Markets 38.5 (2019)[13] United States 1930
40 KPMG 38.4 (2024)[25] United Kingdom 1987
41 Tsingshan Holding Group 38 (2019)[13] China 1992
42 Meiji Yasuda Life Insurance 37.5 (2019/20)[13] Japan 2004
43 Massachusetts Mutual Life Insurance Company 37.3 (2019)[13] United States[26] 1851
44 Mars 37 (2019)[5] United States 1911
45 Tech Data 37 (2019/20)[13] United States 1974
46 Jiangsu Shagang Group 36.5 (2019)[13] China 1975
47 Les Mousquetaires 35.9 (2019)[27] France 1969
48 Yango Longking Group 35.9 (2019)[13] China 1995
49 USAA 35.6 (2019)[13] United States 1922
50 Reyes Holdings 35 (2019)[5] United States 1976
51 GuideWell 32.9 (2024)[28] United States 1944
52 Louis Dreyfus Company 33.8 (2019)[13][29] France 1851
53 Northwestern Mutual 32.3 (2019)[13] United States 1857
54 Groupe Casino 32.1 (2021)[30] France 1898
55 Sumitomo Life Insurance 32.1 (2019/20)[13] Japan 1907
56 Wanda Group 31.7 (2018)[31] China 1988
57 H-E-B 31.2 (2018/19)[5] United States 1905
58 Phoenix Pharma 30.5 (2019/20)[13] Germany 1994
59 Pilot Flying J 29.5 (2019)[5] United States 1981
60 Taikang Insurance Group 29.5 (2019)[13] China 1996
61 Coop Group 29.49 (2019)[13] Switzerland 1969
62 Asda 29.39 (2024)[32] United Kingdom[33] 1942
63 Xinjiang Guanghui Industry Investment Group 28.7 (2019)[13] China 1989
64 GS Caltex 28.5 (2019)[13] South Korea 1967
65 Migros Group 28.5 (2019)[13] Switzerland 1925
66 Huaxia Life Insurance 28.49 (2019)[13] China 2006
67 Mercadona 28 (2019)[34] Spain 1977
68 Achmea 27.6 (2019)[13] Netherlands 1995
69 Hailiang Group 27.2 (2019)[13] China 1989
70 EG Group 28.3 (2023) [35] United Kingdom 2001
71 C&S Wholesale Grocers 25.8 (2018/19)[5] United States 1918
72 Heraeus 25.1 (2019)[36] Germany 1851
73 Massachusetts Mutual Life Insurance 23.66 (2020)[37] United States 1851
74 Enterprise Holdings 22.5 (2019/20)[5] United States 1969
75 Ferrero 22.4 (2025)[38] Italy 1946
76 Bechtel 21.8 (2019)[5] United States 1898
77 Boehringer Ingelheim 21.3 (2019)[39] Germany 1885
78 Cox Enterprises 21.1 (2019)[5] United States 1898
79 Greenergy 21.1 (2019)[40] United Kingdom 1992
80 Fidelity Investments 20.9 (2019)[5] United States 1946
81 Love's Travel Stops & Country Stores 20.6 (2019)[5] United States 1964
82 Southern Glazer's Wine & Spirits 20 (2019)[5] United States 1968
83 Système U 19.6 (2019)[41] France 1894
84 Wakefern Food Corporation 19.6 (2022/23)[42] United States 1946
85 Swire 18.4 (2024) [43] United Kingdom 1816
86 John Lewis Partnership 18.1 (2024) [44] United Kingdom 1929
87 Meijer 18.1 (2019/20)[45] United States 1934
88 Allied Universal 18.0 (2020)[46] United States 2016
89 JM Family Enterprises 17.7 (2019)[47] United States 1968
90 Octopus Group 17.2 (2023)[48] United Kingdom 2000
91 World Wide Technology 17.0 (2022)[49] United States 1990
92 Subway 16.1 (2019)[50] United States 1965
93 Chanel 15.6 (2021)[51] France 1910
94 Gordon Food Service 15.5 (2018/19)[52] United States 1897
95 Inspire Brands 14.6 (2020)[53] United States 2018
96 Turner Construction 14.4 (2020)[54] United States 1901
97 Land O' Lakes 13.95 (2020)[37] United States 1921
98 Medline Industries 13.9 (2019) [49] United States 1966
99 Trader Joe's 13.7 (2019)[55] United States 1958
100 Allegis Group 13.6 (2019) [49] United States 1984
101 The Guardian Life Insurance Company of America 13.56 (2020)[37] United States 1860
102 American Family Insurance Group 13.07 (2020)[37] United States 1927
103 Wawa 13 (2019)[49] United States 1964
104 Kingston Technology 12.8 (2019) [49] United States 1985
105 Racetrac 12.6 (2019) [49] United States 1934
106 Kiewit Corporation (Peter Kiewit Sons') 12.46 (2020)[37] United States 1932
107 Farmers Insurance Exchange 11.87 (2020)[37] United States 1928
108 ABC Supply 11.6 (2019)[49] United States 1982
109 Hearst Corporation 11.5 (2019)[49] United States 1887
110 Decathlon 11.4 (2020)[56] France 1976
111 Chick-fil-A 11.3 (2019)[57] United States 1976
112 QuikTrip 11.2 (2019/20)[49] United States 1958
113 Wegmans 11.2 (2021)[58] United States 1916
114 Mutual of Omaha Insurance 11.1 (2020)[37] United States 1909
115 Republic National Distributing Company 11.0 (2019)[49] United States 1996
116 Graybar 11.0 (2023) ** United States 1869
117 SHI International Corp 10.7 (2019)[49] United States 1989
118 Menards 10.7 (2019)[49] United States 1960
119 Bloomberg 10.5 (2019)[49] United States 1981
120 S. C. Johnson & Son 10.5 (2019/20)[49] United States 1886
121 McKinsey 10.5 (2019)[49] United States 1929
122 The Whiting-Turner Contracting Company 10.3 (2019)[49] United States 1909
123 Jones Financial (Edward Jones) 10.17 (2020)[37] United States 1922
124 Hy-Vee 10.1 (2019[49] United States 1930
125 Calpine 10.1 (2019)[49] United States 1984
126 Pacific Life 10.06 (2020)[37] United States 1868
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