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.
By the way, if you look at the rating of the most expensive stock, it will differ significantly from this.
#1 Amazon Inc. $802.18 bln.
Industry: Retail business.
On January 7, 2019, Amazon for the first time became the most expensive company in the world, overtaking its competitor – Microsoft.
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 of various. The popularity of service soared thanks to high-quality goods, low prices, a prompt delivery and a wide assortment of various goods.
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 230,000 and has more than $150 billion in assets at the given moment. Its annual turnover amounts to approximately $200 billion.
#2 Microsoft $789.25 bln.
Industry: software development.
Products: Microsoft Office, Microsoft Windows, Xbox.
Microsoft is the second largest company in the world by market capitalization.
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 disk operating system (MS-DOS) – was a real breakthrough since it allowed ordinary users to master PC computer skills easily. The system brought the company an incredible success and huge profits.
Today, Microsoft is one of the leading companies in the PC software market as well; it releases new-generation Windows operating systems, a set of applications to work with documents called Microsoft Office, and a number of other software programs. Besides, Microsoft produces its own mobile devices and accessories, video, audio, and office equipment.
The company is headquartered in Redmond, Washington, USA.
#3 Alphabet Inc. $737.37 bln. (Google)
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 a 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.
#4 Apple inc.$720.12 bln.
Industry: electronics, information technology.
Products: Personal computers and tablets, mobile phones, audio players…
Apple for a long time was the most valuable company in the world. But after the release of their newest models, things are not going well. Investors are worried about iPhone sales, so the the price of Apple shares fell 30% in the last 3 months.
At the same time, the company continues to occupy the first position at the most expensive brands list.
Today the company logo is probably recognized by many people because Apple became truly the most successful brand, its value is estimated at $720.12 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 of the company when Apple introduced the line of its own mobile products to the world — the iPhone smartphones and the iPad tablets.
Nowadays the range of its products is wide and includes smartwatches, computers and laptops, tablets and smartphones, and more. However, the hallmark of «apple» gadgets’ popularity is a high quality, a stylish design and a brilliant marketing program by Steve Jobs.
Today the company has thousands of offices, brand stores, and service centers worldwide with a staff of nearly 132,000 employees.
Apple is headquartered in Cupertino, California, USA.
#5 Berkshire Hathaway Inc.$482.36 bln.
Industry: insurance, finances, railway transport, utilities, food and non-food products.
The company is known for its permanent owner, an American investor and an entrepreneur: Warren Buffett.
The company is headquartered in Omaha, Nebraska, USA.
Its share price of $293,750 that makes it the world’s most expensive stock.
GEICO (care insurance);
General Re (reinsurance);
Berkshire Hathaway Primary Group (insurance);
Berkshire Hathaway Reinsurance Group (insurance and reinsurance);
BNSF — (railway transport);
Berkshire Hathaway Energy (electricity and gas supply);
McLane Company (wholesale commerce).
Over 40,000 shareholders took part in the 2015 annual meeting.
That’s why the meeting earned the facetious nickname “Woodstock for Capitalists”.
#6 Facebook $413.25 bln.
Facebook was developed by Mark Zuckerberg in February 2004. The Facebook social network is currently visited by more than 1.86 billion people every day. The market value of $413.25 billion is simply an astronomical indicator of popularity for an Internet project.
Today, Facebook yields more than $8 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.
#7 Tencent $400.90 bln.
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.
This Chinese multinational investment holding, founded in 1998, today occupies the 7th position in the ranking of the most expensive companies worldwide.
Its many 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.
#8 Alibaba Group $392.25 bln.
Products: E-commerce, online auction hosting, online money transfers, mobile commerce.
The Alibaba company is one of the largest virtual trading platforms in China and in the world, attracting the attention of buyers both by affordable prices and by 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.
#9 Johnson & Johnson $347.99 bln
Products: producing drugs and medical equipment.
Johnson & Johnson is an American multinational company producing medical devices, pharmaceutical, and consumer products. The company was formed by three brothers – Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson – in 1886. Originally, the brothers produced bandages and plasters. Later, in 1893, they produced baby powder as well.
About 250 affiliate companies located in 60 countries and selling to more than 175 countries are part of the corporation.
The company is headquartered in New Brunswick, New Jersey, USA.
10 JPMorgan Chase $332.24 bln.
Industry: banking business.
JPMorgan Chase is a commercial bank that is the largest commercial bank in the USA and 6th largest one in terms of total assets in the world.
What was once Chemical Bank forms the core of today’s JPMorgan Chase. JPMorgan Chase retains Chemical Bank’s pre-1996 stock price history, as well as its old headquarters.
The brand «J.P. Morgan» which is historically known as «Morgan» offers investment and banking services, private banking services, manages assets and private wealth.
JPMorgan Chase is headquartered in 270 Park Avenue, Manhattan, New York, USA.