Today's article is about the top
10 of the most valuable companies in the world. The rating is based on market capitalization. It is
calculated by multiplying the number of shares issued by the company by the
value of one such share. The data in the article is of 11
January 2021.
#1
Saudi
Aramco
$2,458 bln.
Industry: Oil and gas production,
refining.
Products: Oil, natural gas and other
petrochemical products.
After the successful issue of
shares on the stock exchange, Saudi Aramco (Saudi Arabian Oil Company) became the most expensive company in the
world. It has officially published its financial statements first in
2019. Shortly after the release of the shares on the Tadawul stock exchange,
the company's value almost reached 1.9 trillion dollars.
The oil giant has exceeded all expectations with the issued
shares: its IPO is considered one of the most successful in history. The
company is owned by the Saudi Arabian government. The main office is located in
Dahran.
#2
Apple
inc.
$2,213 bln.
Industry: electronics,
information technology.
Products:
Personal computers and tablets, mobile phones, audio players…
For a long time, Apple was the most valuable company in the
world. But due to the disappointing iPhone sales, it lost its primacy. Yet the
situation is much better now: the company is winning its positions back. Today,
Apple is the second in terms of market capitalization.
The company was established on 1 April 1976 by Steve Wozniak,
Ronald Wayne, and Steve Jobs. The trio initially engaged in the assembly of
home computers and producing proprietary models of PC. But their greatest
success came just in recent years when Apple introduced the line of its mobile
products to the world — the iPhone smartphones and the iPad tablets.
Apple is headquartered in Cupertino, California, USA.
#3
Microsoft
$1,653 bln.
Industry: software
development.
Products: Microsoft Office, Microsoft
Windows, Xbox.
The third Most Valuable Company in the World is Microsoft.
The internationally famous corporation was founded in 1975 by
Bill Gates, who is one of the richest men in the world.
At that time, Microsoft was the first software developer that
suggested using packaged software for home computers that would thereby make PC
experience user-friendly and intuitive.
This software – the Microsoft Windows operating system – was a
real breakthrough since it allowed ordinary users to master PC skills easily.
The system brought the company an incredible success and huge profits.
The company is headquartered in Redmond, Washington, USA.
#4
Amazon
Inc.
$1,596 bln.
Industry: Retail
business.
On January 7, 2019, Amazon
became the most expensive company in the worldfor the
first time overtaking its competitor — Microsoft. Today, it ranks fourth
in the list.
Amazon is an American retail company that sells and delivers
various goods over the internet. Internet users, suppliers, and producers can
sell any goods on their own by using Amazon’s website as an online venue.
The company was established in 1994 by Jeff Bezos. Amazon is
headquartered in Seattle, WA, USA.
According to the overall estimates, the company employs about 647,500
and has more than $162 billion in assets at the given moment. Its annual
turnover amounts to approximately $232 billion.
#5
Delta
Electronics (Thailand)
$1,435 bln.
Industry: Electronics
and automation.
Delta Electronics (Thailand) Public Company Limited is a
subsidiary of Delta Electronics Inc. It focuses on the manufacture of
electronic products that include various power supplies, industrial and
construction automation systems, infrastructure for alternative energy and
electric transport, and much more.
The parent company was founded in 1971 and a regional office in
Thailand was established in 1988.
The president of the Thai company is currently Mr Chang
Tsai-Hsinh (Jackie).
#6
Alphabet
Inc.
$1,203 bln.
Industry: Internet.
Google, the internationally famous Internet company, recently
changed its official name to Alphabet because the company was out of the scope
of Google search engine long ago, and now it owns plenty of other companies as
well.
Sergey Brin and Larry Page, who jointly created the mega-company
in 1998, are the heads of the Internet holding.
More than thirty popular services
and sub-companies are part of the holding: AdWords, Android, YouTube, to name a
few. Google is headquartered in California.
#7
Tesla,
Inc.
$834 bln.
Industry: Automotive
and solar energy.
Tesla is the world's largest electric vehicle manufacturer,
which also produces solar panels and batteries. At the end of 2020, Tesla and
27 other US companies formed the Zero Emission Transport Association (ZETA), which
will promote the transition of all US vehicles to electric traction. The
company currently has several electric vehicle models, including a sedan,
crossover, roadster, and even a large truck for cargo.
Tesla was founded in 2003 by Martin Eberhard and Mark
Tarpenning, and Elon Musk became the main investor of the company and the
chairman of the board of directors only in 2004. Although Musk was not the
founder of the startup, he was the one to help the company achieve such heights
and worldwide fame.
Tesla is headquartered in Palo Alto, California, USA.
#8
Facebook
$757 bln.
Industry: Internet.
Facebook was developed by Mark Zuckerberg in February 2004. The
Facebook social network is currently visited by more than 2 billion people
every day. And the market value of $757 billion is simply an astronomical
indicator of popularity for an Internet project.
Today, Facebook yields more than $22 billion net yearly profit
due to online advertising. Moreover, the company is a leader in this TOP 10
list in terms of profitability, since its net profit increased by 54% within
the past year alone.
Facebook is headquartered in
Menlo Park, California, USA.
#9
Tencent
$738 bln.
Industry: Internet.
Products: Social networking, instant
messaging, mass media, web portals, etc.
Tencent is a venture company, a conglomerate, an investment
holding, and one of the largest companies in the gaming industry.
Its services include social networks, mobile games, music, web
portals, payment systems, e-commerce, Internet services, smartphones, and
multiplayer online games, which are among the largest and most successful in
the world in their respective categories.
The headquarters of Tencent Seafront Towers (also known as
Tencent Binhai Mansion) is located in Nanshan District, Shenzhen.
10
Alibaba
Group
$620 bln.
Industry: Internet.
Products: E-commerce, online auction
hosting, online money transfers, mobile commerce.
The Alibaba company is one of the biggest virtual trading
platforms in China and the world, attracting the attention of buyers by both
affordable prices and a wide range of goods presented.
Founded on April 4, 1999, the company provides consumer, business-consumer
and business services through web portals, as well as electronic payment
services, a search system for customers, and cloud computing.
The headquarters is located in Hangzhou, China.
Reference:
Most valuable companies in the world
(https://fxssi.com)
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