Interesting to note how the 2025 Fortune 500 ranking still depicts a landscape dominated by the usual traditional players. The largest companies in the world generate a total revenue of about $41.7 trillion, more than one-third of the global GDP.

The top three remain confirmed: Walmart holds the first place for the twelfth consecutive year, Amazon is second, and China’s State Grid is third. Impressive numbers that show how retail and energy continue to be pillars of the global economy.

But what strikes me is the movement in profit rankings. Saudi Aramco still dominates with approximately $105 billion despite a 13% decline, followed by Alphabet and Apple. Here, however, something different begins to emerge: Nvidia enters the top 10 in profits for the first time, ranking 66th overall. A sign that AI is truly reshaping hierarchies.

And then there’s the Asia chapter: BYD enters the top 100 for the first time, and all five Chinese big tech companies have risen in positions. The economic center of gravity continues to shift.

Now, what I find particularly relevant is how the crypto sector is starting to get noticed in this ranking. Coinbase generated $28.9 billion in revenue in 2025, mainly from commissions on spot ETFs and derivatives, although it has not yet reached the $32.2 billion needed to enter. Bitmain hit $7.8 billion in revenue. And then there’s MicroStrategy, which with 628,791 BTC in its wallet has a value exceeding $70 billion, making it the 96th largest company in the United States.

It’s an interesting moment: the biggest companies in the world are still energy and traditional tech, but Web3 is no longer invisible in the numbers. Sure, we’re still at the beginning, but the trend is clear. In 2024, global trading volume reached astronomical figures, even though many players remain private and thus outside official rankings.

The feeling is that we are witnessing a slow but unstoppable transition. The biggest companies in the world will continue to dominate, but new spaces are opening for emerging players. It’s worth keeping an eye on how this dynamic evolves in the coming years.