Nestlé is a multinational food and beverage company based in Vevey, Switzerland. It is one of the world’s largest and most diversified foods and beverage companies, with a range of products that includes coffee, water, dairy, pet food, and snack foods. The company is responsible for the exploration, production, mobile friendly test tool refinement, and distribution of oil and natural gas, and it operates a vast network of pipelines and facilities throughout the Middle East. In addition to its core business, Saudi Aramco is involved in many other activities, including petrochemicals, power generation, and water desalination.
- In addition to its hardware products, Apple also offers a range of software and services, including the App Store, Apple Music, and iCloud.
- Microsoft beat revenue expectations in its fiscal first quarter, which climbed about 22% year over year.
- This Financial Times–based list is up to data as of December 31, 2020[update].
- Notably, the top ten companies accounted for 76% of the entire market with a joint value of N27.67 trillion.
- The firm accounts for 2% of the total market, having gained N98.75 billion in the period under review, representing 13.2% stock appreciation.
- The firm posted its first loss since 2015 last quarter as sales slowed and it wrote down its electric vehicle start-up.
The company operates discount stores, supercenters, neighborhood markets, as well as a robust online platform. Walmart sells a wide variety of merchandise including clothing and apparel, home goods, books, jewelry, food and beverage, pharmaceutical supplies, and automotive equipment. Pringles and Kellogg’s owner P&G has a market capitalisation of $335.9bn and made an estimated $18.8bn in 2021 from increased revenues of $76.1bn. The second Chinese company in the top 20 is a partially state-owned maker of Maotai baijiu spirits with a market cap of $355.9bn.
Top 20 Richest Companies in The World by Market Cap 2023
Notably, the top ten companies accounted for 76% of the entire market with a joint value of N27.67 trillion. It is also worth noting that eight of the ten companies are valued above N1 trillion. After its stock rout this year, Meta is no longer one of the world’s 10 most-valuable companies. Microsoft beat revenue expectations in its fiscal first quarter, which climbed about 22% year over year. Mr. Musk and X’s chief executive, Linda Yaccarino, have been focused on bringing advertisers back to the platform.
Saudi Arabia is part of the Organization of the Petroleum Exporting (OPEC) and 12 other countries, contributing 44% of global oil production. The list is dominated by American-based companies, while we also have companies from Saudi Arabia, China, Taiwan, and South Korea. The cement-producing giant overthrew MTN in the first position and has maintained the top spot in the last three months. Dangote Cement climbed to the top position as the most valuable company spreadex forex broker review in the country as of September 2023 with a valuation of N5.79 trillion, after gaining 19.3% (N937.2 billion) in valuation. Stanbic IBTC Holdings recorded a huge leap in the third quarter of the year to join the N1 trillion gang, with a price of appreciation of 44.4%, which the firm’s valuation hit N1.01 trillion. The firm accounts for 2% of the total market, having gained N98.75 billion in the period under review, representing 13.2% stock appreciation.
S.E.C. Sues Elon Musk to Compel Him to Testify on Twitter Purchase
Tesla is committed to sustainability and innovation, and this focus has contributed to its continued growth and success. Aside from its search engine and other web-based products, Google also offers Android umarkets forex broker: company background operating systems, Google Home smart speakers, and Google Pixel smartphones. With a history of introducing innovative products and technologies, Alphabet Inc. is known for its strong R&D efforts.
We add the caveat that two other companies that otherwise would be added to this list are Saudi Aramco, the Saudi state oil company; and State Grid, the Chinese state-owned electric utility. They were omitted because their stocks are not publicly traded in the U.S. or Canada. The financial services and payments multinational is just behind Exxon on $429bn, with 2021 revenues of $24.1bn and income of $15.8bn. After a number of years during which US tech giants rode Trump-era tax cuts to record valuations, 2022 has seen some of the world’s biggest companies take a battering on the stock market. Walmart Inc is a US-based retail giant that operates hypermarkets and grocery stores with a revenue of $559 billion. Founded in the year 1998 by five members – Pony Ma, Zhang Zhidong, Xu Chenye, Chen Yidan, and Zeng Liqing, Tencent is the first Asian tech company to surpass the $500 billion market cap in 2018.
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. Along with its software products, Microsoft also offers personal computers, gaming consoles, and mobile devices.
This Financial Times–based list is up to date as of December 31, 2018[update]. This Financial Times–based list is up to date as of December 31, 2019[update]. This Financial Times–based list is up to data as of December 31, 2020[update].
They offer a wide range of health care products and are one of the most well-known brands in America. Johnson and Johnson products are made for people in every stage of their lives and they bring the world home health care products of all types. JPMorgan Chase has a long history of success as an American institution with a long history that goes back more than two centuries.
Nestle (NSRGY ) Market Cap: 279.75B
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. Microsoft Corp. (MSFT) 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. Apple is a multinational technology company known for its innovative and high-quality products, including the iPhone, iPad, and Mac.
Market cap history of Tesla from 2010 to 2023
UnitedHealth Group (UHG) is US-based healthcare and insurance company with a market cap of $476.32 billion. UHG was incorporated in the year 1977 and offered health care services and insurance. Apple Inc, a Cupertino-based American tech company, is the most valuable company in the world, with a record market cap of $ 2.294 Trillion. Apple is the most successful brand, with a revenue of $275 billion dollars as of 2023. It was founded in the year 1976 by three tech wizards – Steve Wozniak, Ronald Wayne, and Steve Jobs. Finance experts use different metrics to know the value of a company, and one such popular parameter is based on market capitalization, which is commonly referred to as market cap in stock market terminology.
They are a global leader in financial services with a presence in more than 100 markets and assets in the amount of $2.6 trillion. They employ more than 250,000 and have a client base that has grown into the millions. They offer investment banking and other financial services for small businesses and individual consumers in asset management, financial transaction processing and commercial banking. Apple designs, manufactures, and markets a broad range of consumer technology products, including smartphones, personal computers, tablets, wearable devices, home entertainment devices, and more. Among the company’s most popular products are its iPhone line of smartphones and Mac line of computers. Visa Inc is a California-based financial services company with a revenue of $24.1 billion as of 2021.
The software and fabless designer comes 13th with a valuation of $436.6bn, with revenues of $26.9bn and profits of $9.8bn in 2021. Paris-based LVMH is the largest company in France and employs approximately 83,000 people. As of 2021, it has 10,526 retail stores operating in 24 different countries. It is one of the world’s largest employers providing employment to 2.2 million workers across the globe. Nvidia is a California-based American company that designs graphics processing units (GPUs) and application programming interfaces (API) with sales of $16.68 billion.
It is one of the most diversified and largest company within the food and beverage industry. They provide packaged goods for more than 190 countries throughout he world. The US based company is among the largest computer chip producers in the world today with a control over ninety percent of the microprocessor market today. The majority of the chips made by Intel are manufactured within the company itself with very few procured from other resources.
Based in Santa Clara, California, the company was founded in 1993 and now has a global presence. NVIDIA’s GPUs are used in a wide range of applications, including gaming, professional visualization, data centers, and artificial intelligence (AI). 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. Here is the list of the world’s most-valuable companies, ranked by market capitalization, according to Bloomberg.
Also known as Sinopec, China Petroleum & Chemical is among the largest oil refining, gas, and petrochemical companies in the world. It is administered by the State Council of the People’s Republic of China. Founded in 1962, Walmart has since grown into one of the world’s largest retailers.