Our focus today is on the Top 10 Richest Companies in the World. The world is filled with tons of companies operating in different industries in the bid to provide the solution to human needs, and in turn, make profits.
Most of these companies have through hard work, resilience and consistency built their companies from the scratch up to the global center they are known to be today. Stay back and learn which companies make our list of richest companies in the world today.
Top 10 Richest Companies in the World
To accurately compile this list, we put into consideration the market capitalization of these companies. Market capitalization implies the net market value of a company after its total outstanding shares are multiplied by the price value of one share.
Check out below the list of the Top 10 Richest Companies in the World
Microsoft
Market Cap: $1,359 Billion
Country: United States of America
Industry: Software Development
Microsoft is a software development company known for its series of products which are Microsoft Office, Microsoft Windows, and Xbox. In addition, the company also produces its own mobile devices and accessories, video, audio, and office equipment.
This prestigious international company was established in 1975 by Bill gates, one of the richest men in the world. Today, Microsoft is one of the leading companies in the PC software market.
Apple Inc.
Market Cap: $1,285.5 Billion
Country: United States of America
Industry: Information Technology, Electronics
Apple Inc. is famous for producing some of the smartest and most advanced computer and mobile gadgets.
The company products include Personal computers and tablets, mobile phones, audio players, and more. Interestingly, most of their products are designed to suit personal use as they are customized especially for their mobile devices, iPhone smartphones, and iPad tablets.
Amazon
Market Cap: $1,233.4 Billion
Country: United States of America
Industry: Retail, eCommerce
Amazon is an American conglomerate technology company with a strong focus on e-commerce, cloud computing, digital streaming, and artificial intelligence.
The company is, however, well-known for its retail service that sells and delivers various goods over the internet. You can sell almost any product using the Amazon website (www.amazon.com).
Alphabet (Google)
Market Cap: $919.3 Billion
Country: United States of America
Industry: Internet
Alphabet is the new official name of the internet giant, Google inc. The company has expanded by acquiring and creating other sub-companies, which led to the change.
More so, the company operates the largest search engine in the world which is a very helpful source of information for most internet users on the internet in the world.
Read Also: Who is the current owner of Google? – List of Top 5 Shareholders
Meta (formely, Facebook)
Market Cap: $583.7 Billion
Country: United States of America
Industry: Internet
Facebook is the fifth richest company on our list of Top 10 Richest Companies in the World as well as one of the most valuable companies in the world. the social media platform was developed by Mark Zuckerberg in February 2004, and since then it has become the most visited social media platform in the world with more than 2 billion visits every day.
Due to profitable due to online advertising, the company can generate more than $22 billion net yearly profit.
Alibaba Group
Market Cap: $545.4 Billion
Country: China
Industry: E-commerce
Alibaba Group Holding is a popular Chinese multinational technology company known to specialize in e-commerce, retail, Internet, online auction hosting, and technology. However, it is best known for its online trading platform: Alibaba.com, retailers from all around the world merchandise their goods.
The company also owns Aliexpress.com where most Chinese marketers can sell their goods to consumers across the world. Also, the company owns the Taobao marketplace, China’s largest online shopping platform.
Tencent
Market Cap: $509.7 Billion
Country: China
Industry: Internet
Tencent holdings limited is a Chinese Multinational conglomerate company that deals in a variety of services including social networking, gaming, mass media, instant messaging, artificial intelligence, technology, and many other internet-related products and services.
Berkshire Hathaway
Market Cap: $455.4 Billion
Country: United States of America
Industry: Finance, Insurance, Transportation, Utilities, Food Products
Berkshire Hathaway is a famous business conglomerate with interests in several services and products. It is founded by Warren Buffet, one of the richest men in the world. founded in 1839, it has grown to become one of the Top 10 Richest Companies in the World.
The company comprises subsidiaries which are Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, McLane Company, and BNSF, a railway transportation company.
JP Morgan Chase
Market Cap: $387.24 Billion
Country: United States of America
Industry: Banking
JPMorgan Chase & Co. is a multinational American investment bank and financial services holding company that provides various investment banking and financial services to government and corporate organizations as well as individuals. The bank is considered to be the biggest bank in the United States and the sixth-largest bank in the World.
ExxonMobil
Market Cap: $344.1 Billion
Country: United States of America
Industry: Oil and Gas
ExxonMobil is one of the world’s leading and largest publicly traded international oil and gas companies. The company is a combination of Exxon, from the Standard Oil Company of New York, and Mobil, from the Standard Oil Company of New Jersey. Both companies were founded by John D. Rockefeller.
The company is considered to be one of the largest oil companies in the world with 37 oil refineries in about 21 countries with subsidiaries such as Esso, Esso Australia, Mobil, Exxon Neftegas, SeaRiver Maritime, and Superior Oil, among others.
Read Also: Top 10 Most Influential People of all Time
Conclusion
I hope you have been well informed about the Top 10 Richest Companies in the World. These companies began from the scratch and they are leading and influencing their niche across the world today.
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