What is the most profitable business in the world?
The outbreak of the epidemic and the world’s passing through economic hardship had some negative effects on the global economy. With countries entering continuous lockdowns, a recession is inevitable. But despite this, some industries have managed to hold their ground even in these difficult times. In this article, we will look at a list of the most profitable trading in the world.
Sometimes when things fall apart, they may actually be back in place. As countries begin to lift lockdowns and businesses resume operational procedures, we see that while the costs of providing countermeasures to COVID-19 may be stressful for many businesses, there are some companies that have weathered the crisis with ease. In this article we are going to show you how some of the strongest trades have been able to turn a profit and keep the global economy afloat even during times of recession.
Mark Zuckerberg, the 38-year-old CEO of Facebook, has become a billionaire with a net worth of $119.3 billion. Jeff Bezos, CEO of Amazon, has become the world’s richest man with a net worth of $186.8 billion. Apart from the tech giants, companies in the food and beverage industry like PepsiCo have also shone brightly in this period of darkness.
What is the most profitable business in the world?
1- Internet retail
In our list of the most profitable businesses in the world, online retailing ranks first. With the spread of the pandemic, online sales skyrocketed contributing to $288.8 billion in total profits for the online retail industry. Companies such as Amazon.com Inc. (NASDAQ:AMZN) alone net revenue of $52.9 billion from online stores in the first quarter of 2021.
2- Food processing
Developing countries such as Pakistan and India have taken a toll since 2019 as they have long suffered from economic hardship. However, it is the food industries that keep these countries going. Nestlé S.A. (OTC: NSRGY) growing at a rate of 2.4% since 2019, the food processing industry has taken its place in our list of the most profitable businesses in the world, with gross profits reaching a maximum of $390 billion, which represents a 14.35% return on invested capital and net Income is $81.2 billion.
3- Soft drinks
The soft drink industry had a return on invested capital of 20.19% and a total profit of $115 billion, along with a net income of $22.7 billion. PepsiCo (NASDAQ: PEP), for example, reported an increase in net income from $1.77 billion to $1.85 billion, along with an 8.8% increase in revenue.
4- Real estate development
Being one of the most tangible assets one can own, real estate keeps the real estate development industries at the top of our list of the most lucrative businesses in the world. The industry generated a net income of $85.3 billion and a total profit of $264.4 billion.
5- Information services
The world depends on data more than we think, especially now in the digital age where data is constantly being collected, recorded and analyzed. Information services are among the world’s most lucrative businesses, involving a variety of companies such as PayPal Holdings Inc. (NASDAQ: PYPL) and MasterCard Inc. (NYSE:MA). The information services industry generated total profits of $108 billion, net income of $29.5 billion, and a 23.40% return on invested capital.
6- Semiconductors
Semiconductors are small but essential components of electronic devices. They are part of the computer you use as well as your smartphone and may contain them in your car as well if you own an electric car. The semiconductor industry has always been very popular, which gave us all the more reason to include it in our list of the most lucrative businesses in the world. The semiconductor industry boasts a net income of $81.5 billion, a return of 19.36% on capital investment, and a gross profit of $219.9 billion.
7- Life insurance
The insurance industry has been popular over the years and has generated net income of $86 billion and gross profit of $452.6 billion. Prudential Financial Inc. Listed on the New York Stock Exchange, it is a Fortune 500 company that contributes to the life insurance industry.
8- Support and health care services
Medical treatment is expensive and widely required by the entire population in these tragic times. The healthcare support and services industry generated a net income of $53.8 billion and a return on investment of 26.98%. It is not surprising to see this industry enter our list of the world’s most lucrative businesses with a total profit of $320.5 billion in healthcare services.
9- Computer services
The computer services industry is growing at an exponential rate, and with the increase in the demand for computer services, the computer services industry has generated a net income of $41.5 billion and a return of 21.92% on capital, and the total profit for this industry has reached $209.7 billion. We expect this industry to rise higher in our list of the most lucrative businesses in the world in the future because the demand for computer services is growing every day.
10- Software (Entertainment)
The entertainment software industry mainly includes video game companies, which we all know are profitable. We’ve heard about the name Rockstar Games Inc., owned by TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ: TTWO), and their popular theft auto franchise, which has sold more than 145 million copies of GTA 5 in 2021. Entertainment software $83.5 billion and an 18.32% return on capital investment, which puts it on our list of the world’s most lucrative businesses.
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