Top 10 Largest Companies by Market Cap

In the world of business, size matters, and one of the best indicators of a company’s success is its market capitalization. Market capitalization, or market cap, is the total value of all the outstanding shares of a company’s stock. It is calculated by multiplying the total number of outstanding shares by the current market price per share. In this article, we will take a closer look at the top 10 largest companies by market cap.

1. Apple Inc.

Apple Inc., a technology company that designs, develops, and sells consumer electronics, computer software, and online services, is headquartered in Cupertino, California, USA. It was established in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. As of April 2023, Apple has a market cap of $2.6 trillion, making it the largest company in the world by market cap.

2. Microsoft Corporation

Microsoft Corporation, an American multinational technology company, was established in 1975 by Bill Gates and Paul Allen. The company develops, licenses, and sells computer software, consumer electronics, and personal computers. As of April 2023, Microsoft’s market capitalization stands at $2.1 trillion, making it the second-largest company globally by market capitalization.

3. Saudi Aramco

Saudi Aramco is a national petroleum and natural gas company based in Saudi Arabia. It currently holds the title for being the largest oil producing company in the world and has the second-largest proven crude oil reserves. According to our data as of April 2023, Saudi Aramco’s market cap is $1.9 trillion, making it the world’s third most valuable company. Market cap is a commonly used measure to determine the total market value of a publicly traded company’s outstanding shares, and to gauge the company’s overall worth.

4. Alphabet Inc.

In 2015, Google underwent a corporate restructuring and created Alphabet Inc., which is now an American multinational conglomerate. Alphabet is the parent company of Google and other subsidiaries that were previously part of Google. As of April 2023, Alphabet (Google) has a market cap of $1.397 trillion, making it the fourth most valuable company in the world according to our data. Market cap refers to the total market value of a publicly traded company’s outstanding shares and is commonly used to measure a company’s worth.

5. Amazon.com, Inc.

Amazon.com, Inc. is a technology company headquartered in the United States that specializes in e-commerce, cloud computing, digital streaming, and artificial intelligence. It was established in 1994 by Jeff Bezos. As of April 2023, Amazon’s market cap is $1.051 trillion, making it the fifth most valuable company in the world according to our data. Market capitalization, commonly referred to as market cap, is the total market value of a publicly traded company’s outstanding shares and is often used to gauge a company’s overall value.

6. Berkshire Hathaway Inc.

Berkshire Hathaway Inc. is a holding company based in the United States, which owns over 80 companies involved in various businesses such as insurance and reinsurance, rail freight, energy supply, financial services, manufacturing, and wholesale and retail. The chairman of the company is Warren Buffett, a major US investor and multi-billionaire. As of April 2023, Berkshire Hathaway has a market capitalization of $707.84 billion, making it the sixth most valuable company in the world according to our data. Market capitalization is the total value of a publicly traded company’s outstanding shares and is commonly used to measure its worth.

7. NVIDIA

Nvidia Corporation is a prominent developer of graphics processors and chipsets for personal computers and game consoles, headquartered in Santa Clara, California. Following the fabless model, it does not have its own manufacturing facilities. Jen-Hsun Huang, Curtis Priem, and Chris Malachowsky founded Nvidia in January 1993, and the company released one of the first 3D accelerator processors (GPU), the NV1 (STG-2000), in May 1995. As of April 2023, Nvidia’s market capitalization is $660.92 billion, ranking it as the world’s seventh most valuable company, according to our data. Market capitalization, or market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure the worth of a company.

8. Tesla, Inc.

Tesla, Inc. is an American company that produces and sells electric cars, as well as power storage and photovoltaic systems. The company’s mission is to “accelerate the transition to sustainable energy”. It was named after the physicist and inventor Nikola Tesla. As of April 2023, Tesla has a market capitalization of $586.32 billion, making it the world’s 8th most valuable company based on our data. Market capitalization, also known as market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure a company’s worth.

9. Meta Platforms (Facebook)

Meta Platforms, formerly known as Facebook, is an American company specializing in social media and technology. It was founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes. As of April 2023, Meta Platforms has a market capitalization of $574.24 billion, which ranks it as the world’s 9th most valuable company according to our data. Market capitalization, or market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure the company’s worth.

10. Johnson & Johnson

Johnson & Johnson is a multinational American company that deals in pharmaceuticals and consumer goods. It is headquartered in New Brunswick, New Jersey, and is a constituent of the Dow Jones Industrial Average. As of April 2023, the market capitalization of Johnson & Johnson stands at $517.39 billion, making it the 10th most valuable company in the world based on our data. Market capitalization refers to the total market value of a company’s outstanding shares and is a widely used metric to determine a company’s overall worth.

Conclusion

In summary, the top 10 largest companies in the world include a diverse range of industries, including technology, energy, healthcare, and consumer goods. Apple, Microsoft, and Alphabet (Google) are dominant players in the tech industry, while Amazon and Tesla have revolutionized e-commerce and electric vehicles, respectively. Saudi Aramco is a major player in the energy sector, while Berkshire Hathaway is a conglomerate with a diverse portfolio of businesses. Johnson & Johnson is a global pharmaceutical and consumer goods company, while Meta Platforms (Facebook) is a leading social media platform. NVIDIA is a major developer of graphics processors and chipsets. Despite their differences, these companies have all achieved tremendous success and have become household names around the world.