Highest net worth company: Biggest companies in the world by market cap 2022
The company provides a range of integrated circuits and other related products and services for customers in various industries, including consumer electronics, automotive, communications, and computing. Meta Platforms is a technology company that owns and operates several digital platforms, including Facebook, the world’s largest social media network. In addition to Facebook, the company offers Instagram, a photo-sharing app; Messenger and WhatsApp, two separate messaging apps; and Facebook Reality Labs, which develops augmented and virtual reality products. Along with its software products, Microsoft also offers personal computers, gaming consoles, and mobile devices. With a history of introducing innovative products and technologies, the company is known for its strong research and development efforts.
This list is incomplete, as not all companies disclose their information to the media and/or general public. To use individual functions (e.g., mark statistics as favourites, set statistic alerts) please log in with your personal account. The offers that appear in this table are from partnerships from which Investopedia receives compensation. As of 2022, Apple, Saudi Aramco, and Microsoft hold the top three positions, each with market caps in excess of $2 trillion. Full BioCierra Murry is an expert in banking, credit cards, investing, loans, mortgages, and real estate.
Although the largest company by market capitalization, Apple’s global revenue did not manage to crack the top ten of companies. Rather, American multinational retailer Walmart was ranked as the largest company in the world by revenue. The JPMorgan Chase & Co. is one of the world’s leading international financial services companies headquartered in New York City.
It is one of the largest banks in the United States and one of the largest financial institutions in the world. The company provides a range of financial products and services, including retail and commercial banking, asset and wealth management, and investment banking. It is headquartered in Hsinchu, Taiwan, and is the world’s largest dedicated independent semiconductor foundry.
Meta Platforms Inc. (META)
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. As market capitalization is the number of shares multiplied by their value, it is not the price at which the owner will necessarily sell their company. Using market capitalization to show the size of a company is important because the size of a company is the main factor determining the various characteristics investors are interested in, including risks. Johnson & Johnson is an American multinational company producing medical devices, pharmaceuticals, and consumer products. The company was founded by three brothers – Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson – in 1886. The largest company in the world by revenue is currently the Saudi Arabian Oil Company , a state-owned oil and gas company based in Saudi Arabia.
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. After the successful issue of shares on the stock exchange, Saudi Aramco became one of the most expensive companies in the world. Shortly after the release of the shares on the Tadawul stock exchange, the company’s value almost reached 1.9 trillion dollars.
Biggest Companies in the World by Market Cap
Despite the companies might be over- or undervalued by the market, to get the real value of a company, we should consider its activity from a fundamental point of view. Market capitalization, along with annual income and total assets, is one of the methods for evaluation of the investment attractiveness of a company. JPMorgan Chase is the largest commercial bank in the USA and the5th largest in terms of total assets in the world. 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 , which will promote the transition of all US vehicles to electric traction.
It is one of the world’s largest retailers, with a presence in over 27 countries and more than 11,500 stores worldwide. TSM has a strong track record of innovation and has consistently ranked as one of the top companies in the semiconductor industry. TSM has a diversified customer base and operates globally, with facilities in Taiwan, China, Singapore, and the United States. These companies have made their mark on the world through their innovative products, services, and business models, and they continue to drive growth and success in their respective fields.
Oliver Chace founded it as the Valley Falls Company and later merged with the Berkshire Cotton Manufacturing Company in 1955. Berkshire Hathaway is led by Chairman and CEO Warren Buffett, who is widely regarded as one of the most successful investors in the world. And because of this massive windfall, the company’s provisions for income taxes were also a massive $19 billion. On the other side of the balance sheet, cost of sales was the biggest expense for Apple, coming in at $223.5 billion or 76% of the company’s expenditures. For a more granular look at Apple’s massive profit, Rakshit Jain has visualized Apple’s key financial metrics with data sourced from the company’s 2022 annual report .
The capabilities of the GPU are now being leveraged for use in AI and machine-learning applications. The company offers products and platforms comprised of hardware, software, services, and more to serve the gaming, professional visualization, data center, and automotive markets. Companies’ values are often measured by market capitalization, or the value of all of the shares in the market.
Whether you are a business professional, investor, or simply interested in learning more about the global economy, this list will surely provide valuable insights and information. The world’s largest company, and America’s most profitable, earned a massive $394.3 billion in revenue in 2022 against expenditures of $295.5 billion. That gave it a net profit of $99.8 billion, up 5.4% from 2021 and 73% from 2020. By contrast, some of the biggest losers are Meta (Facebook’s parent company) and Alibaba.
It is one of the world’s largest and most diversified energy companies, with a range of business interests, including oil, natural gas, and petrochemicals. Microsoft Corp. is a technology company best known for its Windows operating system and Microsoft Office productivity software suite. Founded by Bill Gates and Paul Allen, Microsoft has grown to become one of the world’s largest and most influential companies. The company is headquartered in Redmond, Washington, with operations and sales in over 100 countries. Here is the list of the top 25 richest companies in the world in the listed market based on the Net Worth, as of 2023.
Alphabet Inc. (GOOGLE)
Despite the tech downturn of 2022—driven by rising interest rates and slower sales—Apple maintained its top spot. This was largely thanks to record revenues and healthy consumer demand for iPhones, which drive about half of its total revenue. As 2022 comes to a close, the above infographic shows the biggest companies in the world, using data from Companiesmarketcap.com. While many people are interested in ranking companies by market value , the top companies by revenue differ somewhat. This could be because they are more capital-intensive and have lower profit margins.
The company is well known for its Windows and Office Suite software as well as its XBox gaming hardware. MSFT is getting a growing share of its profit and revenue from cloud computing services, for which it is one of the market leaders. Microsoft also owns and operates LinkedIn, the popular social networking site for job seekers. This is the list of the world’s biggest companies by market capitalization.
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. 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. The popularity of service soared thanks to high-quality goods, low prices, prompt delivery, and a wide assortment. SA already has branches and subsidiaries in China, Japan, Russia, the United Arab Emirates, the USA, Great Britain, and other countries.
However, there are a few that generate less than $100 billion in annual revenue, suggesting that investors are optimistic about the potential growth of these companies compared to the others on the list. Visa Inc. is a multinational financial services company headquartered in Foster City, California. It is one of the world’s largest payment technology companies, with a network that spans more than 200 countries and territories. Visa offers a range of payment products and services, including credit cards, debit cards, prepaid cards, and mobile payments. Alphabet Inc. is a multinational technology company that is the parent company of Google and several other subsidiaries. With its founders, Larry Page and Sergey Brin, Google have grown into one of the world’s largest companies.
Top 100 Largest Company Rankings by Total Assets
The oil giant is the world’s most profitable company, eclipsing even tech giants like Apple and Alphabet. Silicon Valley is an area in Northern California that is home to a large number of innovative technology companies. CA knowledge offers Net Worth, taxation, Banking & financial solutions to individuals, businesses, and organizations all over the world. Making thetop 10 richest Companieslist in the world is not easy but it is also not impossible. This Chinese giant, founded in 1998, occupies the 9th position in the ranking of the most expensive companies worldwide. Visa is the second-largest payment system in the world based on issued cards and transaction data.
Sony Net Worth 2023: Assets, Income, Revenue, PE Ratio, CEO
Market value and market capitalization are two terms frequently used – and confused – when discussing the profitability and viability of companies. Accordingly, many stock exchanges such as the New York or London Stock Exchange release market capitalization data on their listed companies. On the other hand, market value technically refers to what a company is worth in a much broader context.
The downstream segment is engaged in refining and petrochemical manufacturing, distribution, and power generation. Saudi Aramco also operates a chemicals business that makes products such as aromatics and olefins and complex products such as synthetic rubber. Olga Protska Senior Content Writer & 2D Artist 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. Walmart Inc. is a multinational retail company with headquarters located in Bentonville, Arkansas.