By having access to accurate Market valuation and revenue data, one may identify the most valuable companies in the world. Technology, communication services, energy, consumer cyclical, and financial services are just a few of the key areas where the market cap operates. The market capitalization of a corporation is determined by multiplying the total number of shares outstanding by the going share price on the open market.

After many years in which US tech titans benefited from tax breaks during the Trump administration to reach record values, 2022 has seen some of the largest corporations in the world suffer losses on the stock market.

The likes of Alphabet, Amazon, Apple, and Meta are still at the top of the list of the most valuable corporations in the world, but in certain cases, oil giants, pharmaceutical industry titans, and conglomerates are rivaling and surpassing them.

The largest businesses in the world, measured by market capitalization, are engaged in a variety of market segments, including those related to technology, communication services, energy, consumer cyclical, and financial services.

The market capitalization of a corporation is determined by multiplying the total number of shares outstanding by the going share price on the open market. The bulk of the top-10 list’s businesses bring in hundreds of billions of dollars each year.

The Most valuable companies in the world that are also recorded as the top valuable corporations by market capitalization are shown below.

Apple

Steve Jobs, Steve Wozniak, and Ronald Wayne created the Apple Computer Company on April 1, 1976, to build and sell Wozniak’s Apple I personal computer. Aside from PCs, Apple also sells the iMac, iPod, iPhone, and iPad. Apple also owns and manages the Apple Store retail chain, digital content stores, cloud and payment services, film production, and the recently introduced AppleTV+, a streaming service for on-demand entertainment content.

Jobs and Wozniak established Apple Computer, Inc. in 1977. Apple is one of the most valuable corporations in the world, with a current market capitalization of $2.439 trillion and sales of US$365.82 billion in 2021.

Apple Inc. is an American multinational technology firm located in Cupertino, California, that specializes in consumer devices, software, and online services. Apple is the world’s largest corporation by market capitalization, the fourth-largest personal computer vendor by unit sales, and the second-largest mobile phone manufacturer, with revenues of US$365.8 billion in 2021.

Saudi Aramco

Saudi Aramco (formerly Arabian-American Oil Company) is a Saudi Arabian public petroleum and natural gas company headquartered in Dhahran. By 2020, it will be one of the world’s largest firms in terms of sales.

Saudi Aramco has the world’s second-biggest proven crude oil reserves, with about 270 billion barrels (43 billion cubic meters), as well as the largest daily oil production of any oil-producing company.

Saudi Aramco explores for and produces crude oil, condensate, natural gas, and natural gas liquids (NGL). Refining and petrochemical manufacture, distribution, and power generation are all part of the downstream segment.

The Saudi government owns the corporation, which was created as Standard Oil’s abroad activities. Saudi Aramco is also one of the most valuable corporations, with a market valuation of more than $2.039 trillion and sales of US$359.181 billion in 2021.

Microsoft

On April 4, 1975, Bill Gates and Paul Allen launched Microsoft, one of the most valuable brands in the world. Microsoft Firm is a multinational technology corporation based in Redmond, Washington, that manufactures computer software, consumer electronics, personal computers, the Windows series of operating systems, the Microsoft Office suite, and related services. The headquarters are located on the Microsoft Redmond campus in Redmond, Washington, USA.

The corporation is well-known for its Windows software and Office Suite, as well as its Xbox gaming devices. MSFT is increasing its earnings and income from cloud computing services, for which it is a market leader. Azure is the name of Microsoft’s primary cloud platform. Microsoft also owns and operates LinkedIn, the prominent job-search social networking site.

With a market capitalization of approximately $1.730 trillion and revenue of US$198.3 billion in 2022, Microsoft has the fourth-highest worldwide brand worth.

Alphabet

Alphabet is the parent company of Google, the world’s most popular search engine. Larry Page and Sergey Brin founded Alphabet. Alphabet is a multinational technological conglomerate holding company based in the United States. Its headquarters are located in Mountain View, California. On October 2, 2015, it was formed as a result of a Google restructuring and became the parent company of Google and numerous previous Google subsidiaries.

With a market capitalization of approximately $1.223 trillion and revenue of $257.6 billion in 2021, Alphabet is the world’s third-largest technology firm by revenue and one of the world’s most valuable companies.

Alphabet would be formed in order to restructure Google by transferring subsidiaries from Google to Alphabet, so restricting Google’s scope. Google would be joined by additional companies such as X Development, Calico, Nest, Verily, Fiber, Makani, CapitalG, and GV.

Search, the Android smartphone operating system, the Chrome browser, the Gmail email services, the Google Drive online file storage platform, Google Maps, Google Photos, the Google Play app store, and YouTube are among the technologies and digital services provided by the firm.

Amazon

Amazon is a multinational technology firm based in the United States that specializes in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. On July 5, 1994, Jeff Bezos launched Amazon from his garage in Bellevue, Washington.

It has been described as “one of the world’s most powerful economic and cultural forces.” Amazon is one of the most valuable brands in the world, with a market valuation of more than $1.045 trillion and revenue of $469.822 billion in 2021.

It began as an online bookstore and has since evolved into a wide range of product categories, earning it the moniker “The Everything Store.”  Amazon Web Services (cloud computing), Zoox (autonomous vehicles), Kuiper Systems (satellite Internet), and Amazon Lab126 are among its subsidiaries (computer hardware R&D). Ring, Amazon Prime Video, Amazon Music, Twitch, Audible units, IMDb, and Whole Foods Market are among its other subsidiaries.

Amazon’s acquisition of Whole Foods in August 2017 for $13.4 billion significantly enlarged its physical retail reach. Amazon Publishing publishes books, Amazon Studios produces film and television programming, and since March 2022, Amazon has owned the film and television studio Metro-Goldwyn-Mayer. It also manufactures consumer products like Kindle e-readers, Echo devices, Fire tablets, and Fire TVs.

Tesla

Tesla Motors, Inc. was established on July 1, 2003, by Martin Eberhard and Marc Tarpenning. Eberhard and Tarpenning held the positions of CEO and CFO, respectively, and have become one of the top valuable companies in the world. Eberhard’s goal was to create “a car manufacturer that is also a technological firm,” with fundamental technologies such as “the battery, computer software, and proprietary motor.”

Ian Wright became Tesla’s third employee a few months later. In February 2004, the business got $7.5 million in series A funding, including $6.5 million from Elon Musk, who had acquired $100 million from the sale of his PayPal stake two years before. Musk was appointed chairman of the board of directors and became Tesla’s largest shareholder.

Tesla is a transnational American automotive and clean energy corporation located in Austin, Texas. Tesla designs and manufactures electric vehicles (cars and trucks), battery energy storage from home to grid-scale, solar panels and solar roof tiles, SpaceX, and associated products and services. Tesla is one of the most expensive firms in the world, and it is still the most valued automaker, with a market capitalization of more than $707.87 billion and revenue of $53.8 billion in 2021.

Berkshire Hathaway

Berkshire Hathaway was founded in the nineteenth century by the combination of two regional textile enterprises, Berkshire Fine Spinning Associates and the Hathaway Manufacturing Company. As of 2021, Berkshire Hathaway is the world’s largest public business, with a market value of $650.94 billion and sales of US$276.1 billion.

Berkshire Hathaway now owns a vast number of subsidiaries involved in a wide range of corporate activities, including insurance, freight rail transportation, retailing, utility, and energy generation and distribution. The corporation also has manufacturing operations that produce items for industrial, construction, and consumer applications.

The headquarters of Berkshire Hathaway is in Omaha, Nebraska, USA. Berkshire Hathaway owns 100% of GEICO, Duracell, Dairy Queen, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets, as well as a significant minority stake in Kraft Heinz Company (26.7%), American Express (18.8%), Bank of America (11.9%), The Coca-Cola Company (9.32%)

From 2016 until early 2020, the business purchased significant stakes in major US airlines United Airlines, Delta Air Lines, Southwest Airlines, and American Airlines, but these were sold in the aftermath of the COVID-19 epidemic.

Meta

Meta Platforms, Inc., originally known as Facebook, Inc., and The Facebook, Inc., was founded by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. Meta comes under the most expensive company in the world.

Meta is a worldwide technology business headquartered in Menlo Park, California. Facebook, the world’s largest social media network, Instagram, a photo-sharing program, and Messenger and WhatsApp, two independent messaging apps, are all owned by the business. Facebook Reality Labs, which provides augmented and virtual reality products, is also run by the business.

Meta is also investing in and developing the metaverse, a vast virtual environment that incorporates elements of social networking, online gaming, augmented reality (AR), virtual reality (VR), cryptocurrency, and other businesses and services. With a market value of $240.07 billion and revenue of US$117.929 billion in 2021, Meta is one of the world’s most valuable corporations.

Facebook, Messenger, Facebook Watch, and Meta Portal are among Meta’s products and services. It also owns 9.99% of Jio Platforms, Oculus, Giphy, Mapillary, Kustomer, and Presize. In October 2021, Facebook’s parent corporation changed its name from Facebook, Inc. to Meta Platforms, Inc.

UnitedHealth Group

Charter Med Incorporated, a privately held firm situated in Minnetonka, Minnesota, was formed in 1974 by Richard Taylor Burke. The United HealthCare Corporation was formed in 1977 to reorganize the corporation and became Charter Med’s parent company. The mandate of United HealthCare was to operate the newly formed Physicians Health Plan of Minnesota, an early health management organization.

UnitedHealth Group Incorporated is a worldwide American-managed healthcare and insurance corporation headquartered in Minnetonka, Minnesota. It provides health care items as well as insurance services. UnitedHealth Group is the world’s seventh-largest company in terms of revenue, the largest healthcare firm in terms of revenue, and the largest insurance company in terms of net premiums.

As of 2021, UnitedHealth Group has a market capitalization of $508.31 billion and sales of US$285.273 billion.

Johnson & Johnson

In 1886, Robert Wood Johnson collaborated with his brothers, James Wood Johnson and Edward Mead Johnson, to develop a line of ready-to-use sterile surgical bandages. Johnson & Johnson was founded in 1886. The company’s operations are grouped into three key business segments: pharmaceuticals, medical technology, and consumer health. In 2020, these areas generated 55%, 28%, and 17% of the company’s total revenues, respectively.

Johnson & Johnson manufactures medical devices, medicines, and consumer items. With a market value of $508.31 billion and revenue of US$93.77 billion in 2021, Johnson & Johnson is one of the world’s most valuable firms.

Johnson & Johnson’s corporate headquarters are in New Brunswick, New Jersey, with its consumer division in Skillman, New Jersey. The firm has around 250 subsidiary companies operating in 60 countries and selling products in over 175 countries. Johnson & Johnson’s brands include many well-known pharmaceuticals and first-aid items. Band-Aid Brand bandages, Tylenol pharmaceuticals, Johnson’s Baby products, Neutrogena skin and beauty products, Clean & Clear face wash, and Acuvue contact lenses are among its well-known consumer items. Janssen Pharmaceuticals is Johnson & Johnson’s pharmaceutical division.

Conclusion

Today’s largest corporations are valued at several trillion dollars. This makes these businesses bigger and more valuable than the whole economy of several nations! The largest Companies in the world today are dominated by energy and technology firms.

In the past, the railways, steelworks, and trading firms dominated. Time will tell if these top most valuable companies in the world can hold onto their positions, and what industries can rise to challenge them.

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