List of the Largest Private Companies in the United States
A look at the top twenty private companies and how it benefits them to stay privately owned.

List of the Largest Private Companies in the United States

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The Top 5 Largest Private Companies in the U.S.

If you have ever wondered whether or not you would like to keep your company private or public, consider thinking about how your choice can affect the way your business will work. Here are a list of the top 5 largest private companies in the United States and some of the reasons why they choose to stay private.

1. Cargill
  • Industry: Food, Drink, and Tobacco
  • Established: 1865
  • Employees: 126,800
  • Revenue in Billions: $109.56

  • 2. Koch
  • Industry: Multicompany
  • Established: 1940
  • Employees: 67,000
  • Revenue in Billions: $100

  • 3. Mars
  • Industry: Food, Drink, and Tobacco
  • Established: 1911
  • Employees: 65,000
  • Revenue in Billions: $30

  • 4. Pwc
  • Industry: Business Services and Supplies
  • Established: 1998
  • Employees: 168,000
  • Revenue in Billions: $29.20

  • 5. Bechtel
  • Industry: Construction
  • Established: 1898
  • Employees: 52,700
  • Revenue in Billions: $27.20

  • Reasons Why Private Companies Exist

    Better Control
    A public company is controlled by numerous investors and is vulnerable to takeovers from other firms. A private company, on the other hand, has total control over its internal organization.

    Fewer Rules
    A public business has to face dealing with strict standards that take up time and money.

    Lower Costs
    A private company does not have to spend nearly as much to adhere to required standards and policies.

    Less Financial Exposure
    Financials and company performance data has to be audited and reported to the shareholders of public companies, whereas private companies can keep this information to themselves.

    Less Red Tape
    Private companies have the upper hand because they can make decisions and implement strategies quickly. A public company, meanwhile, must have formal levels of approval by investors before making any changes.

    Investment from Second Markets
    Private companies have the option of seeking investment on second markets. They do not receive nearly the amount that public companies do but this approach usually brings enough investment to keep the company interested enough in maintaining their private status.

    As you can see, a public company, although better funded, can cause your business to have to spend more in the long run and create little room for necessary changes. A private company will allow you the freedom of choice and give you less burdens to deal with in the long run. Choose which type will work out for your situation and make yourself some room to adjust to the changes afterwards.

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