Top 10 richest companies in the world (2024)

This article explores the top richest companies in the world, including Apple Inc, Saudi Aramco, Microsoft, Alphabet, Amazon, Tesla, Berkshire Hathaway, United Health Group, Tencent Holdings, and Meta Platforms. 

It delves into the history, founders, net worth, and leadership of each company, providing a comprehensive overview of the most successful and influential businesses in the world.

The world’s richest companies

RankCompanyCountryMarket capitalization ($)
1.Apple United States2.6 Trillion
2.Saudi AramcoSaudi Arabia2.2 Trillion
3.MicrosoftUnited States2.05 Trillion
4.AlphabetUnited States1.5 Trillion
5.AmazonUnited States1.4 Trillion
6.TeslaUnited States1.03 Trillion
7.Berkshire HathawayUnited States741.4 Billion
8.Meta PlatformsUnited States499.8 Billion
9.Tencent HoldingsChina494.6 Billion
10.UnitedHealth GroupUnited States490.1 Billion

1. Apple Inc

Market capitalization: $2.6 trillion

Country: United States

Apple Inc, founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, is currently the richest company in the world, with a market capitalization of over $2 trillion. The company is known for its innovative products such as the iPhone, iPad, and Mac computers. Apple’s success can be attributed to its strong brand and loyal customer base. 

The company has a strong focus on design, technology, and user experience, which has contributed to its popularity among consumers. Steve Jobs, who passed away in 2011, is widely considered one of the most visionary leaders in the tech industry. He helped shape the company’s culture and design aesthetic, which is still evident in Apple’s products today. As of 2021, the net worth of the company was valued at $2.2 trillion, making it the most valuable company in the world, and the net worth of its CEO, Tim Cook, is around $200 million. Apple has been consistently growing over the years and is a major player in the technology industry, with a strong presence in mobile devices, personal computers, and home entertainment.

2. Saudi Aramco

Market capitalization: $2.2 trillion

Country: Saudi Arabia

Saudi Aramco is the state-owned oil company of Saudi Arabia and is currently the second richest company in the world, with a market capitalization of over $2 trillion. Saudi Aramco, also known as the Saudi Arabian Oil Company, is the state-owned oil company of Saudi Arabia. It was founded in 1933 by the government of Saudi Arabia. The company is responsible for the exploration, production, and distribution of oil and gas in Saudi Arabia. 

Saudi Aramco is the largest oil producer in the world, and it controls around 20% of the world’s oil reserves. The company has a vast network of operations, including refineries, pipelines, and shipping terminals. It is also a major player in the global petrochemical market. The company’s CEO is Amin Nasser. He has been with the company for over 30 years and has played a significant role in the company’s growth and success. Saudi Aramco is also known for its strong relationships with governments and major oil companies around the world.

3. Microsoft

Market capitalization: $2.05 trillion

Country: United States

Microsoft is a technology company that was founded in 1975 by Bill Gates and Paul Allen. The company is known for its Windows operating system and Office software. 

Microsoft is currently the third richest company in the world, with a market capitalization of over $2 trillion. The company’s success can be attributed to its strong brand and loyal customer base. Microsoft’s CEO is Satya Nadella.

4. Alphabet

Market capitalization: $1.5 trillion

Country: United States

Alphabet is the parent company of Google and was founded in 2015 by Larry Page and Sergey Brin. The company is known for its search engine, Google, and its numerous other products such as Gmail and YouTube. 

Alphabet is currently the fourth richest company in the world, with a market capitalization of over $1.5 trillion. The company’s success can be attributed to its innovative products and strong brand. Alphabet’s CEO is Sundar Pichai.

5. Amazon

Market capitalization: $1.4 trillion

Country: United States

Amazon is an e-commerce giant that was founded in 1994 by Jeff Bezos. The company is known for its online marketplace and its numerous other products such as Kindle e-readers and Amazon Prime. 

Amazon is currently the fifth richest company in the world, with a market capitalization of over $1.2 trillion. The company’s success can be attributed to its innovative products and strong brand. Amazon’s CEO is Jeff Bezos.

6. Tesla

Market capitalization: $1.03 trillion

Country: United States

Tesla is an electric car company that was founded in 2003 by Elon Musk. The company is known for its electric cars and its innovative technology. 

Tesla is currently the sixth richest company in the world, with a market capitalization of over $1 trillion. The company’s success can be attributed to its innovative products and strong brand. Tesla’s CEO is Elon Musk.

7. Berkshire Hathaway

Market capitalization: $741.4 Billion

Country: United States

Berkshire Hathaway is a conglomerate that was founded in 1839 by Warren Buffett. The company is known for its diverse portfolio of companies and its strong financial performance. Berkshire Hathaway is currently the seventh richest company in the world, with a market capitalization of over $700 billion. 

The company’s success can be attributed to its strong financial performance and its diverse portfolio of companies. Berkshire Hathaway’s CEO is Warren Buffett.

8. Meta Platforms

Market capitalization: $499 Billion

Country: United States

Meta Platforms is a technology company that was founded in 2015 by Ryan Petersen. The company is known for its virtual and augmented reality products, as well as its artificial intelligence technology. 

Meta Platforms is a rapidly growing company and is considered one of the most promising technology companies in the world. The company’s success can be attributed to its innovative products and its strong brand. Meta Platforms’ CEO is Ryan Petersen.

9. Tencent Holdings

Market capitalization: $494.6 Billion

Country: China

Tencent Holdings is a technology company that was founded in 1998. The company is known for its social media platforms such as WeChat and QQ, as well as its gaming division. Tencent Holdings is currently the tenth richest company in the world, with a market capitalization of over $300 billion. 

The company’s success can be attributed to its strong brand and its diverse portfolio of products and services. Tencent Holdings’ CEO is Ma Huateng.

10. UnitedHealth Group

Market capitalization: $490.1 Billion

Country: United States

United Health Group is a healthcare company that was founded in 1977. The company is known for its health insurance and healthcare services United Health Group is currently the ninth richest company in the world, with a market capitalization of over $300 billion. The company’s success can be attributed to its strong brand and its diverse portfolio of products and services. United Health Group’s CEO is David Wichmann.

Conclusion

These top richest companies in the world have made a huge impact on the global economy and have shaped the way we live today. Their success can be attributed to their innovative products, strong brands, and visionary leaders. These companies continue to grow and evolve, and it will be interesting to see what the future holds for them.

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Richard Okoroafor

Richard Okoroafor

Richard is a brilliant legal content writer who doubles as a finance lawyer. He brings his wealth of legal knowledge in corporate commercial transactions to bear, offering the best value that exceeds expectations.

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