Most Valuable Companies by revenue represent relatively new, faster-growth industries and mature, slower-growth ones ranging from ecommerce and tech devices to oil and retailing.
Industry: electronics, information technology.
Products: Personal computers and tablets, mobile phones, audio players…
In January 2022 Apple’s market cap has crossed the $2.7 trillion threshold and today the company holds the #1 position as the most valuable company in the world. At the same time, Apple continues to occupy the first position on the most expensive brands’ list. Today the company’s logo is recognized by many people as Apple became truly the most successful brand. Its value is estimated at $2,780 billion by experts from rating agencies. 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.
Industry: software development.
Products: Microsoft Office, Microsoft Windows, Xbox.
The second 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 by now. 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.
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 one of the most expensive companies 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. However, the global pandemic took a rather heavy toll on Saudi Aramco as the company announced a dip in their earnings in 2020 compared with the previous year.
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.
Industry: Retail business.
On January 7, 2019, Amazon became the most expensive company in the world for the first time overtaking its competitor — Microsoft. Today, it closes the top 5 list of the most valuable companies. 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’s major business line is selling various. The popularity of service soared thanks to high-quality goods, low prices, prompt delivery, and a wide assortment.
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 Trepanning, 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.
Meta Platforms Inc (Facebook).
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 $839 billion is simply an astronomical indicator of popularity for an Internet project. Today, Facebook yields more than $29 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 almost 56% within the past year alone.