Top 12 Biggest Valuable Companies in The World
Over the years, top companies have been competing for the top position in the market. It has been a very still competition with newer companies coming in to give them a run for their money. There has been a constant shifting of the first position in the top valuable companies, with Google, Microsoft, and Apple battling it out. Facebook, however, was dropped out of the race and has since reduced its worth over the years.
On the other hand, the new companies Tesla have been giving the big boys sleepless nights with new inventions and big profits, making them the most promising to take the top position. Here are some big companies that are leading in the world.
Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976, Apple began as a personal computer pioneer that today makes everything from laptops to portable media players. Headquartered in Cupertino, California, the consumer electronics giant entered the smartphone market with the iPhone in 2007, the tablet market with the iPad in 2010, and the smartwatch market with the Apple Watch in 2014. Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players worldwide. It sells various related software, services, accessories, and third-party digital content and applications.
Microsoft Corporation is an American multinational corporation headquartered in Redmond, Washington, that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, and personal computers and services.
It is the world's largest software company, with products including operating systems, the Microsoft Office suite of productivity software, servers, and Internet Explorer web browser. Founded in 1975 by Bill Gates and Paul Allen, Microsoft saw early success with MS-DOS, the first widely used operating system for PCs.
Saudi Aramco: $2.202trn
Saudi Aramco, officially the Saudi Arabian Oil Company, is a Saudi Arabian national petroleum and natural gas company based in Dhahran. It is one of the largest companies globally by revenue and, according to accounts seen by Bloomberg News, the most profitable company in the world. Saudi Aramco has the world's second-largest proven crude oil reserves, at more than 260 billion barrels (4.1×1010 m3), and the second-largest daily oil production.
Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a corporate restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The company's flagship, Google, is the de facto leader in search, while YouTube is one of Earth's most popular video platforms.
Amazon is an American electronic commerce and cloud computing company based in Seattle, Washington, that Jeff Bezos founded on July 5, 1994. The tech giant is the largest Internet retailer globally as measured by revenue and market capitalization and second largest after Alibaba Group in terms of total sales.
Tesla is the world's leading producer of electric vehicles and energy storage products, including the Tesla Model S, Model X, Model 3, Powerwall, and Powerpack. Tesla is an American electric vehicle and clean energy company based in Palo Alto, California. CEO Elon Musk said that he envisions Tesla as a technology company and independent automaker, eventually offering electric cars at affordable prices to the average consumer. Elon Musk also operates the companies Space Exploration Technologies, SolarCity, and The Boring Company.
Facebook, Inc. operates a social networking website worldwide. The company's products for users are free of charge and available on the Web, mobile Web, and mobile platforms, such as Android and iOS; and products for developers are available at https://developers.facebook.com/products, including software development kit (SDK), which enables developers to integrate social into their business app or website.
The company is based in Menlo Park, California. Its website was launched on February 4, 2004, by Mark Zuckerberg, fellow Harvard College students, and roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
Alibaba Group $165bln
Alibaba Group Holding Limited is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 4 April 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via web portals, as well as electronic payment services, shopping search engines, and cloud computing services. It owns and operates a diverse array of businesses worldwide in numerous sectors and is named one of the world's most admired companies by Fortune.
JP Morgan Chase $3.76trn
JP Morgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City. JPMorgan Chase is ranked by S&P Global as the largest bank in the United States and the sixth-largest bank in the world by total assets, with total assets of US$3.76 trillion. It is also the world's most valuable bank by market capitalization. JPMorgan Chase is incorporated in Delaware.
Berkshire Hathaway $717.22bln
Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. The company wholly owns GEICO, Duracell, Dairy Queen, BNSF, Lubrizol, Fruit of the Loom, Helzberg Diamonds, and NetJets.
TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry segment's most extensive portfolio of process-proven libraries, IPs, design tools, and reference flows. The company operates two advanced 300mm wafer fabs, five eight-inch fabs, and one six-inch wafer fab. TSMC also has substantial capacity commitments at its wholly-owned subsidiary, WaferTech, and two joint ventures Fab 12A in Taiwan and SSMC in Singapore.
NVIDIA is the inventor of the GPU, which designs graphics processing units (GPUs) for the gaming and professional markets and system on a chip unit (SoCs) for the mobile computing and automotive market. Its primary GPU product line, labeled "GeForce," is in direct competition with Advanced Micro Devices (AMD) "Radeon" products. NVIDIA expanded its presence in the gaming industry with its handheld SHIELD Portable, SHIELD Tablet, and SHIELD Android TV.
What is the wealthiest company in the world?
Apple Inc: the company is worth 2.70. Its bank is the leading in terms of the wealth of all the companies in the world.