Ranking these world giant Companies was not an easy task on our side. We had to spent a lot of time and research to come to conclusion. Among the things that we considered include but not limited to the level of technology, the number of employees, market value, and the volume of sales.
Well, let’s walk you through the list of the largest companies in the world according to our findings:
10. Visa Inc.
One of the main aspects that boosts a company’s sales is the image. You taint the image of your company, and the revenue starts to drop.
A case, for example, is Volkswagen, which suffered a massive blow from the diesel emission scandal. Though it still dines with the giants at the royal table, the general image was brutalized, and the sales depreciated.
Now, if there is one company that has one of the most recognizable brands, then it must be Visa. It is reported that the net revenues of this American money transfer giant increased by 10%.
It currently has a market capitalization of 410.94B USD.
9. JPMorgan Chase & Co
Some companies have stood the test of time, defying all the market tribulations to remain significant players in the world economy.
We’ve all seen numerous companies sprout up, but then disappeared faster than they came. The business world requires a well laid out strategy on how to operate.
JPMorgan has been in existence since 1871, having been founded by J.P. Morgan.
S&P Global ranks the American multinational investment bank as the largest bank in the United States. Worldwide, it’s listed as the sixth largest bank with total assets of US$2.687 trillion.
It has a market capitalization of 309.15B USD as of now.
8. Tencent Holdings Limited
Tencent opened its first doors for Internet-related services in 1998. The company, which is hosted in Shenzhen, China, deals with Internet-related services and products, entertainment, artificial intelligence, and technology.
The Chines multinational corporation boasts of the market capitalization of 511.83B USD. Positive to note is that the total revenues for the fourth quarter of 2019 were 15,161 million dollars.
That was an increase of 25% from the fourth quarter of 2018.
7. Alibaba Group
Who doesn’t know the story of Jack Ma? Isn’t he the guy that recently donated testing kits and masks for the coronavirus? And he supplied each African nation with the kits, sparking a heated online debate whether other business moguls should give as well.
Maybe what many people don’t know is that Jack Ma and the other 17 people dared to dream in 1999 and founded the Alibaba Group. They believed that the Internet would level the playing field by enabling small businesses to leverage on the expanding market.
True to their words, they have grown into a global leader in online and mobile commerce. It has further expanded its base by setting up related companies to offer services in cloud computing, digital media, and innovation.
The Jack Ma led company registered 711 million annual active consumers, an increase of 18 million.
The company’s current market capitalization stands at 539.36B USD.
Nothing has revolutionized the world of communication than Facebook has. Now, more than ever, it’s easier to connect with a friend, stranger, an employer, or even a partner who is thousands of miles away.
Facebook reached 2.5 billion monthly users in 2019. That was an increase of 2%. It is also reported that the popular social media interactive site has approximately 1.66 billion daily users.
While Facebook registered a massive revenue income, the same couldn’t be said of its net income. The past year saw only a 7% increase in net revenue, a stark contrast to 2018 when it registered a 61% growth.
The Facebook market cap stands at 653.87B USD as we speak.
5. Berkshire Hathaway Inc.
Warren Buffett owns this multinational conglomerate and holding company that has several subsidiaries.
Berkshire has transformed from a textile industry into a diverse portfolio of industries and sectors. You can now access tech services and food from this top-performing company in the market.
Although it has expensive shares, it still owns and controls interests in several major companies.
As mentioned earlier, Berkshire Hathaway is a diversified holding company that has acquired many companies and holdings over the years.
Berkshire Hathaway has a current market capitalization of 451.32B USD.
4. Alphabet Inc.
You don’t have to look elsewhere for the third-largest company in the world. If you haven’t heard of it before, be informed that Alphabet Inc. sits pretty well in position three, delivering strong revenue growth in successive years.
For example, the company repurchased 6.1 billion dollars of shares in terms of capital returns. Essentially, that means it’s a robust company whose operations rank high among the best.
And yes, the market capitalization stands at 902 billion dollars. You had that right, 969.35B USD.
Amazon, based in Seattle, is a titan of e-commerce, data storage, and media.
It is the ultimate destination for millions of online buyers and merchants. It has bridged the gap between customers and suppliers, making the most necessary products readily available.
More than that, it dabbles in plenty more industries, creating a modern necessity that most independent sellers would love to hate.
The company, founded by Jeff Bezos, has a market capitalization of 1.202T USD.
2. Microsoft Corporation
You can’t know Microsoft without having slight knowledge of Bill Gates. I mean, he’s a man who has revolutionized the computer world, giving us new ways of doing things.
Microsoft majorly produces licenses and supports numerous software products and computing devices.
The computer tech company registered a net income of 10.7 billion dollars, a significant increase of 21%. Additionally, it posted a rise in revenue by 14% to 33.1 billion dollars.
Microsoft stands tall above other multinational companies, posting a market capitalization of 1.38T USD.
1. Apple Inc.
With its headquarters in California, Apple is an American multinational technology company that designs, develops, and sells electronics. Further, it provides computer software and online services.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne and currently has about 478 stores in 17 countries worldwide.
Apple is undeniably the world’s largest information technology company by revenue and assets accumulated. It’s also the second-largest phone manufacturer after Samsung.
The world’s number one largest company has a market capitalization of 1.379T USD.