Top 11 Richest Companies In The World
There are over 3,000 companies in the world, these companies trade (buy or sell) either stocks or products, some are media production companies etc. But the life of the companies depend on the amount of income it gets daily, weekly,monthly, quarterly (especially quarterly) and yearly. The wealth of a company is known by the total asset it has minus its total liabilities. Here are some of the richest companies in the world.
11. VISA (Market Capital – 363.47B USD) – Founder – Dee Hock
This is a very popular company in the financial sector. It’s known worldwide for providing global as well as easy payment services using technology. VISA is involved with the government, banks (Debit and Credit Cards) and other private consumers and individuals.
10. JP Morgan Chase (JPM) (Revenue – $108.2B) – C.E.O – Jamie Damon
JP Morgan Chase has a long history of success as an American institution with a long history that goes back more than two centuries. 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.
9. Johnson & Johnson (JNJ) (Market Capital: 369.1B USD) – C.E.O – Alex Gorsky
This company has been in operation for over thirteen decades in the United States. 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.
8. TenCent (TME) (Market Capital: 480.78B USD) – C.E.O – Ma Huateng
TenCent Holdings Ltd is the eighth richest company in the world today and they provide investment services and engage in providing online advertising services for businesses and individuals. They provide mobile and online games and a variety of software development services, trademark licensing, software sales and many other services. They are based out of China.
7. Alibaba Group (BABA) (Market Capital: 481.91B USD / Networth – $35.6B) – C.E.O – Daniel Zhang Yong / Founder – Jack Ma
Alibaba Group Holding Limited is an online and mobile commerce company that works through a wide range of subsidiary companies. They are an international company that is based in the People’s Republic of China. The four main sectors of their operations include, innovation initiatives, digital media and entertainment, core commerce and cloud computing. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.
6. Facebook (FB) (Market Capital: 511.35B USD / Networth $68.2B) – C.E.O – Mark Zuckerberg
Facebook is a social media company that is internet based. It started out as a small operation and grew very quickly. It is based out of Menlo Park, California and provides a way for people all over the world to connect in a network of friends and family as well as business accounts set up for the advertising of companies and organizations. It quickly grew to a work force of more than 35,000 by the end of 2018. It has grown in value to become the sixth richest company in the world. The site is currently approaching the 3 billion user mark.
5. Berkshire Hathaway (BRK-A) (Market Capital: 521.35B USD) – C.E.O – Warren Buffet
Berkshire Hathaway Inc. is a large holding company which continues to acquire subsidiary companies under its parentage. The company started out in the textile industry and has expanded into manufacturing, banking, publishing, retailing and in the insurance industries. It is a company that was established by Warren Buffet and Charles Munger.
4. Alphabet (GOOG.O) (Market Capital: USD 859.25B) – C.E.O – Larry Page
Alphabet is the parent company for Google and many other successful businesses. Some of their specialties include internet products and they also have interests in the life sciences, in longevity and a variety of businesses which are not related to these industries.
3. Amazon.com (AMZN) (Market Capital: 919.65B USD) – C.E.O – Jeff Bezos
Amazon is the third richest company in the world with a market cap that is nearing a trillion dollars. They’re a popular online retail giant and a leader in the E-commerce marketplace. Amazon has seen a steady increase in the value of their stock and as of the last check, they are still on the upswing. Because of Amazon’s convenient online ordering platform, many brick and mortar retailers have closed up shop for good because they could not compete with the retail giant
2. Microsoft (MSFT) (Market Capital: 928.57B USD) – C.E.O – Satya Nadella
Microsoft is the second richest company in the world. Established by Bill Gates, the company is a leader in the computer software and hardware industry and has transformed the world of communication and entertainment with their innovative technologies and programs. The company provides support and enhancement for the internet and has developed widely used operating systems for PCs in the Windows format, as well as launching the popular XBox franchise, the Microsoft Office systems, Windows servers and much more throughout their long and impact filled history.
- Apple (AAPL) (Market Capital: 943.57B USD) (Networth – $206 Billion) – C.E.O – Tim Cook
The richest company in the world today is Apple. Americans were thrilled when the announcement was made in August of 2018, that Apple had exceeded a market cap of a trillion dollars. It was a special event in history. Although Apple’s market cap has since fallen, it hasn’t gone down by that much, and that’s just the nature of the market. The cap is still holding steady at 943.57 billion and it’s enough to keep Apple as the richest publicly traded company in the world. The reason for the drop below a trillion was due to the poor performance of Apple’s iPhone sales, which is nothing new as the market in phone technology is extremely competitive and volatile for all manufacturers and service providers. It’s a finicky market, but Apple’s investment in technology is not limited to its phones. It covers a broad range of electronics devices and computer systems. It’s a tech giant that has been around since 1976, and although it came near to bankruptcy early in its development, the company has rebounded and it is now on the top of the world. There are no indications at this time that Apple will lose its current posturing any time soon.