You once in your lifetime think about it as who is the Richest person in the world? or richest Company? How much is there worth? and who found that company? and In which field do they provide services or do we use their services? Like these, there are lots of questions in our minds so here we share a list of the richest companies in the world with you.
Determination of Richest Companies
Inance professionals use a variety of indicators to determine a company’s value, and one widely used metric is market capitalization or market cap in the stock market. The top 10 richest companies in the world’s listed market are in this article.
In case you’re unfamiliar with the world of investing, the market cap is calculated by dividing the company’s current market price by the number of outstanding shares it has issued. The numbers are listed below:
Let’s now examine the top 10 richest companies in the world.
The main companies on the list are American
Amazon $683.85
Founded In: 5 July 1994, Bellevue, Washington, United States
Net Worth 2022: $928 Billion
Founders: Jeff Bezos
CEO: Andy Jassy
- Industry: E-commerce, Internet, Tech, Retail, Software and Artificial Intelligence, and Digital content
- Products: Kindle, Software, FireTV, Echo, Consumer electronics, retail goods, Cloud services, Amazon Web Services, and Amazon Prime
Headquarters: Seattle, Washington, United States
Amazon.com was founded as an online bookstore in the beginning. It has grown into one of the largest internet-based businesses today. Customers can purchase almost anything they would find in a physical store on Amazon thanks to its incredible selection of goods.
2. Apple $612B
Founded In: 1976Net Worth 2022: $2.3 trillion
Founders: Steve Jobs, Ronald Wayne, Steve Wozniak
CEO: Tim Cook
Headquarters: Cupertino, California, United States
Industry: Consumer Electronics & Information Technology
Products/services: Personal computers, smartphones, iPod, digital content Mobile, wearable devices, audio devices, Personal computers, and tablets
Headquarters: Cupertino, California, United States
With its well-known iPhone and Mac products, in particular, it is one of the most valuable brands in the entire world. Apple is a leader in its industry and consistently develops excellent, cutting-edge products.
Apple Inc., an American tech business with headquarters in Cupertino and a record market value of $ 2.294 trillion, is the most valuable company in the world. With projected revenue of 275 billion dollars by 2021, Apple is the most profitable brand and was developed in 1976 by three IT gurus: Steve Wozniak, Ronald Wayne, and Steve Jobs.
Apple started in the personal computer market, which later developed enormously, and its enormous success was when it entered the mobile phone market. Since it began with laptops and iPhones, Apple Inc. has expanded into devices, including smartwatches, iPod tablets, televisions, accessories, and others.
This is the world’s first publicly traded business and has a market valuation of $2 trillion company in the world.
3. Alphabet (Google)
American multinational Alphabet Inc. owned several subsidiary firms Google LLC and several others.
Alphabet is the Third-largest corporation in the world with a market worth of $1.524 trillion. It was established in 1998 while Larry Page and Sergey Brin were Stanford University students.
Google Inc., situated in California, has a market share of 91.9% of the global search engine market as of 2022 and $182.5 billion in revenue in 2021.
With this market value of $1.455 trillion Alphabet moves up to the fourth-most valuable firm in the world. Google LLC and several affiliate firms are owned by the American multinational corporation Alphabet Inc.
While attending Stanford University as a student in 1998, Sergey Brin and Larry Page founded this business. Additionally, they employ about 135,000 people. As of 2022, Google Inc. is the global leader in the search engine industry with a 91.9% market share.
4. Microsoft $410.27 B
Founded In: 1975
Net Worth 2022: $1.86 trillion
Founders: SBill Gates, Paul Allen
CEO: Satya Nadella
Headquarters: Cupertino, California, United States
Industry: Consumer electronics, Software Development, and Information technology.
Products that they provide to us are Windows Operating System, Search engine, Microsoft Office, and Xbox.
Microsoft has a market valuation of $1.979 trillion, making it the fourth-largest firm in the world.
Microsoft, PC software is a global leader, was established in 1975 by Bill Gates and Paul Allen. The Microsoft Windows operating system was a sensation that brought in astronomical profits for the business.
Microsoft, with its headquarters in Redmond, Washington, generated $143 billion in revenue and employs 166,475 people.
5. Tencent $240.93 B
Founded In: 1998
Market cap: $1.86 trillion
Members who frame this one of the richest companies in the world are Pony Ma, Zhang Zhidong, Xu Cheney, Chen Yidan, and Zeng Liqing
Headquarters: Shenzhen’s Nanshan
Industry: Internet
Products: Web portals, social media, instant messaging, and the media
With a $473.22 billion market valuation, Tencent is a Chinese tech corporation that also operates as a venture firm and an investment holding.
In the gaming sector and other markets where it competes, such as mobile gaming, music, web portals, e-commerce, and Internet services, Tencent Holdings is a sizably large firm.
Tencent, the first Asian tech company to achieve a $500 billion market cap in 2018, was established in the year 1998 by five members: Pony Ma, Zhang Zhidong, Xu Cheney, Chen Yidan, and Zeng Liqing. The companies as of 2021 had more than $80 billion in annual revenue. There are 700 million active users of Tencent Music.
6. Facebook $221,35B
Founded In: 2004Net Worth 2022: $245 Billion
Founders: Mark Zuckerberg
- Industry: Tech and Internet
- Products: Facebook Portal and Messenger
The parent company of the dominant social media platform Facebook is Meta Platforms Inc. This business is the eighth most valuable one in the world by market cap with a market cap of $546.89 billion and one of the richest companies in the world and most used social networking sites, Facebook or Meta, which has millions of registered users.
Mark Zuckerberg, the brains of Facebook, is in charge of Meta. In 2004, he produced these resources. They have previously purchased several social media platforms, including WhatsApp, Instagram, and Oculus.
Approximately 72,000 people work for the organization worldwide. You can log in at any time with ease, and setting up an account is incredibly simple.
7. Alibaba
Founded In: 4 April 1999, Hangzhou, China
Net Worth 2022: $191 Billion
Founders: Jack Ma, Joseph C. Tsai, Zhang Ying, Jianhang Jin
CEO: Daniel Zhang (10 May 2015–)
Services: E-commerce company
One of the richest, most popular online shopping sites and fastest-growing e-commerce market is Alibaba. Last year, the number of transactions on two platforms combining that are eBay and Amazon.com is of $248 billion.
MARKET CAPITALIZATION
After obtaining $25 billion from its U.S. IPO, Alibaba rose to become one of the most valuable digital firms in the world along with the richest state-owned enterprises in the nation, it is also one of the most valuable Chinese public companies.
In the Chinese city of Hangzhou, where the former English teacher founded Alibaba.com in 1999, Jack Ma continues to reside in a modest apartment. Executives and staff members frequently camped out there as the e-commerce company evolved to come up with the next great thing.
The current state of Alibaba Group Holding Ltd. can hardly be described as big.
About 800 million products are listed on Taobao, a website Mr. Ma created in his flat ten years ago. Seven million vendors list their products there and pay Alibaba for advertising and other services. Alibaba also operates Taobao and Tmall, another online store together processed $240 billion worth of transactions in 2013.
The sum is triple the size of eBay Inc. and twice the size of Amazon.com Inc. eBay is down by 0.62 percent; the red triangle in the downward-pointing position is one-third larger than the total value of all transactions made at the two major American e-commerce companies last year.
8. VISA
Founded In: 1958
Market cap: $388 B
Founders: Alfred F Kelly Jr
CEO: Dee Hock
Industry: Financial Services</P>
Services: Payments
PaymentsVisa Inc. is a California-based financial services company founded by Bank of America (BofA) as the BankAmericard credit card program with a revenue of $24.1 billion as of 2021. Visa Inc. facilitates the way of electronic funds transfers all over the world through its popular Visa-branded credit cards, debit cards, and prepaid cards.
For financial institutions to offer credit, debit, and prepaid cards to their consumers, Visa Inc. provides a platform with payment solutions. A staggering 150 million transactions are made using Visa each day. In 2022, one of the richest firms in the world is Visa.
9. McDonald's
Founded In: 15 April 1955, San Bernardino, California, United States
Market cap: $188 Billion
Founders: San Bernardino, California, United States
CEO: Chris Kempczinski (4 Nov 2019–)
Services: Fast food Company
In 2022, McDonald’s, a worldwide American fast-food franchise, will have a net worth of $188 billion. In terms of revenue and duration of providing food to customers, it ranks among the biggest restaurant chains in the globe. Over the years that it has been in business, a million people have become clients. According to the resort of 2021, this brand has more than 40,000 locations worldwide, with the majority of them being in the United States. It began as a restaurant and later changed to operate as a franchise.
With nearly 1.7 million employees, it became the second-largest private employer, and its brand is valued among the top 10 firms in the world. The company’s main source of income comes from selling food goods, particularly hamburgers, cheeseburgers, and french fries, all over the world. With over 69 million daily subscribers, it is offered in more than 100 different nations. Due to the brand’s appeal, the business has expanded quickly over the last few years.
10. Tesla
Founded In: 1 July 2003
Net Worth 2022: $850 Billion
Founders: JB Straubel, Marc Tarpenning, Ian Wright,Martin Eberhard, and Elon Musk.
CEO: Elon Musk
Headquarters: Austin, Texas, United States
Tesla Inc. is a leading manufacturer and designer of electric vehicles in the world. American firm Tesla has its headquarters in Austin, Texas. It is involved in a wide range of electrical products, including solar panels, solar roof tiles, electric automobiles, trucks, and more. Tesla is currently the largest producer and seller of electric automobiles in the world and has won widespread praise.
Regarding battery electric vehicles and plug-in electric vehicles, it has a huge market capitalization. With 23% of battery-electric vehicles and 16% of plug-in electric vehicles, it holds a sizable market share. Check out the net worths of Apple, Facebook, and Amazon as well.
In addition to having a hand in the auto sector, its subsidiary Tesla Energy also significantly contributes to the company’s success. Most battery energy storage systems are produced by Tesla Energy, which is also the industry’s top provider. The installation of solar systems in the US is also heavily influenced by Tesla Energy. There is no other firm accessible but Tesla that offers renewable energy sources, which has this much of a market capitalization, around $850 billion.
Conclusion
All these companies earned billions of dollars per month and there is our contribution too in their services as Amazon, McDonald, Facebook, etc all these we use in daily life and you can say they are rich because of us but don’t let their hard work in vain. These companies are at this peak because of their ideas and smart work and make a change in everyone’s life. In the end, never forget to share your thoughts about this blog and the richest companies in the world.