Top 10 companies by market cap in the world – 10 Biggest Companies in the World – Biggest company in the world
Nowadays, 90% of the top listed companies with the largest market capitalization in the world in 2021 are technology companies. 70% come from the US. Taken from the Forbes 2021 Global 2000 list – based on the companies’ 2020 audited financial statements. Here are the top 10 companies by market cap in the world that’s synthesized by Top10theworld.com!
The first in this list is Apple Inc. Apple Inc’s stock price jumped to a record high above the $2 trillion mark. This is the first time an American company has surpassed this milestone, helping the iPhone maker become the world’s largest publicly traded company by market capitalization.
The development of new trend-leading technology products such as iPhone, iPad, iTunes, App Store has helped Apple quickly overcome and dominate the market. As a result, despite the turmoil caused by Covid-19, Apple’s stock has rallied quite rapidly over the past several years and broke out even stronger in 2022. At the same time, Apple’s success also catapulted its CEO, Tim Cook, to billionaire. Moreover, iPhone has brought Apple to a market capitalization of 1 trillion USD. As well as the services helped Apple hit the $2 trillion market cap.
In the second place after Apple, it is the technology giant Microsoft. The group posted revenue of $41 billion, up to 17% year on year. On April 26, the value of Microsoft shares set a record of about $270. With just a slight increase, Microsoft’s market capitalization will reach $2 trillion.
According to the analysts, Microsoft’s quarterly sales will average a 3.3% increase over their expectations thanks to improving business demand. In the future, Microsoft can boost revenue across all three main businesses, with the strength of personal computer demand from both consumers and businesses, intense upgrade activity on server software.
Sauri Aramco – Top 10 companies in the world
Established on May 29, 1933, under national ownership and headquartered in Dhahran, Saudi Arabia, Saudi Aramco explores, produces, transport, and sells. This company is the world’s second-largest crude oil reserves and daily oil production. Saudi Aramco used to be the most valuable in the world in 2016. It is currently ranked 3rd among companies with the largest market capitalization.
Amazon – Top 10 companies in the world
A few decades ago, when it came to Amazon, people only thought of an online book-selling company. However, this business is like a giant in the world e-commerce field, including Google, Apple, and Microsoft. Amazon currently has a market capitalization of 1.8 trillion USD. In fact, besides online sales, Amazon’s computer division generates about 15% of its revenue, and its online shopping service – the company’s main product is also an area of the company’s business.
Besides, the company also started to build a strong foothold in the cloud computing field with Amazon Web Service. Amazon’s cloud helps startups, SMEs, governments, and academic institutions build business models with computing, storage, database, and technology services that are different.
Google – the world-famous Internet company in 2015 changed its official name to Alphabet because the company was not only limited to the Google search engine but also owned many other subsidiaries such as Calio, GV, Google Capital. , X, Google Fiber, Nest Labs, and Verily. As a result, alphabet Corporation is officially in the world’s most valuable technology quartet with a valuation of $600 billion.
In particular, with the ownership of many attractive projects such as Nest smart home or Android operating system, Google Venture fund specializes in investing in startups. On the other hand, the Google Capital fund invests in long-term projects and many other subsidiary systems. Therefore, it is not surprising that Alphabet Inc is at the top of the largest technology companies in the world.
Facebook – Top 10 companies by market cap in the world
The next company is Facebook. Facebook is currently accessed by more than 2 billion people daily and has a market capitalization of $900 billion. In 2020, Facebook generated more than 28 billion USD in net profit from online advertising.
This company also achieved revenue of nearly $200.000 per minute with quarterly revenue of $26 billion. This company owns Facebook, Instagram, Messenger, WhatsApp, and Oculus.
According to world financial experts, Facebook is one of the fastest-growing businesses with high market capitalization. However, with visitors reaching more than 2 billion per day, this is a threshold number and can hardly be increased. This is likely because, in recent years, the company has been expanding its business areas, significantly increasing the acquisition of other companies.
Currently valued at $700 billion, Tencent Holdings is a multi-industry conglomerate thrives in China’s media, entertainment, Internet, and mobile value-added services. The Chinese national social network WeChat is also a product of Tencent. According to statistics, more than one billion people are currently using Tencent’s online services every day.
Tencent’s most profitable businesses include e-commerce, social networks, web portals, payment systems, Internet services, mobile games, and more. Under the impact of the Covid-19 pandemic, Tencent has become the latest company to benefit from a global trend of investors buying technology stocks. Tencent has long been a favorite among investors in Asia, delivering more than 100,000% returns.
Berkshire Hathaway, Inc. offers property and casualty insurance and reinsurance, utilities and energy, rail transportation, finance, manufacturing, retail, and services. The company operates through the following segments: GEICO, Berkshire Hathaway Reinsurance Group, Berkshire Hathaway Primary Group, Burlington Northern Santa Fe,…
GEICO’s segments deal with the underwriting of private passenger auto insurance primarily by direct response methods. In addition, the Berkshire Hathaway Reinsurance Group segment includes the underwriting of excess loss reinsurance and quota sharing and modality reinsurance worldwide. The Berkshire Hathaway Primary Group segment includes underwriting a wide range of property and casualty policies for major commercial accounts.
Founded in 1987 by Morris Chang and becoming one of the first companies to specialize in semiconductor manufacturing worldwide, TSMC is valued at $590 billion. TSMC products are widely used in the computer, communication, consumer electronics, automotive and industrial equipment industries.
TSMC’s most prominent customers include Apple, Advanced Micro Devices, Broadcom Inc., Nvidia, Qualcomm, etc. Intel, STMicroelectronics, and Texas Instruments also cooperate to produce several devices and components.
In addition, TSMC’s success must be attributed to its unique business model – win-win. First, the company receives the blueprints from the chip manufacturers and creates the corresponding product; therefore, TSMS products always perform pretty well, ensure quality and become the first choice of manufacturers.
Tesla – Top 10 companies in the world
Under the leadership of technology billionaire Elon Musk, the electric car startup Tesla from scratch has achieved a lot of success in just a few short years and reached a market capitalization of $600 billion. According to experts, Joe Biden’s election as US President and clean energy development goals can benefit Tesla. Therefore, many investors have actively bought into Tesla stock, pushing up its share price.
Tesla Motors’ stock price surged more than 600% in 2020. In addition, Tesla shares rallied after the S&P Dow Jones Indices announced on November 16, 2020, that Tesla would be included in the S&P 500 index from December 21, 2020. This is considered a historic milestone for Tesla and CEO Elon Musk.
Tesla stock continued to sublimate after Morgan Stanley bank, on November 18, 2020, gave an upbeat assessment of this electric car company, and recommended investors increase the proportion of stock holdings.
Above are the Top 10 companies by market cap in the world that Top10thweworld.com has compiled and sent to you. Hope the above useful information can help you in work and life.