In the ever-changing environment of the global economy, some companies stand out and become dominant in the world due to their superior performance and market value. Do you know What is the most valuable company in the world? Today, we bring you a list of the top most valuable companies in the world. Here is the list of Top 10 Companies by Market Capitalisation in 2024.
- Microsoft
- Apple
- Nvidia
- Saudi Aramco
- Alphabet (Google)
- Amazon
- Meta Platforms
- Berkshire Hathaway
- Eli Lilly
- TSMC (Taiwan Semiconductor Manufacturing Company)
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Microsoft
- Sector: Technology
- Valuation (in USD): $3.1 trillion
- Current CEO: Satya Nadella
- Year of Foundation: 1975
- Country: USA
Microsoft or Microsoft Corporation is a leader in software, cloud service and productivity solutions. Bill Gates founded Microsoft, which holds the biggest market value globally now. They are an IT corporation that commands a significant portion of the Windows and Office commercial software markets for PCs. They extended their collaboration with OpenAI, the company creating “ChatGPT,” in January 2023. AI was added to the “Bing ” search engine too. They also provide cloud computing, ensuring continued relevance and growth in an ever-evolving digital landscape.
Apple
- Sector: Technology
- Valuation (in USD): $2.68 trillion
- Current CEO: Tim Cook
- Year of Foundation: 1976
- Country: USA
America’s Apple is the biggest brand that is famous around the world. It holds the second position in the market value globally. It is the most valuable firm in the world. Apple Inc. is a technology giant renowned for its innovative hardware, software, and services. This information technology corporation is most well-known for its Mac, iPad, and iPhone models. Their App Store and iCloud also enhance the user experience and loyalty.
Nvidia
- Sector: Technology
- Valuation (in USD): $2.21 trillion
- Current CEO: Jensen Huang
- Year of Foundation: 1993
- Country: USA
NVIDIA Corporation is a pioneer company in supplying the high-performance GPUs needed for visual computing, gaming, data centres and autonomous vehicles. Approximately 80% of semiconductors used in AI are found worldwide. The world’s share of semiconductors for AI is approximately 80%. It has been reported that CEO Jensen Huang announced in December 2023 that the company plans to establish an R&D base in Japan.
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Saudi Aramco
- Sector: Oil & Gas
- Valuation (in USD): $2.01 trillion
- Current CEO: Amin H. Nasser
- Year of Foundation: 1933
- Country: Saudi Arabia
Saudi Arabian Oil (Saudi Aramco) comes in third in the most valuable companies in the world. But they are the world’s largest integrated oil and gas company. It is the oil business owned by the Saudi Arabian government, which is among the top oil-producing nations in the world. Aramco operates in exploration, production, refining, and distribution, ensuring a significant contribution to the global energy supply.
Alphabet (Google)
- Sector: Technology
- Valuation (in USD): $1.84 trillion
- Current CEO: Sundar Pichai
- Year of Foundation: 2015
- Country: USA
Alphabet Inc. is the holding company of the major American IT company “Google”. In addition to operating the search site Google “google.com”. They also develop mobile phones “Android”, the browser “Chrome”, internet television “Google TV”, Google Ads, YouTube and many more. It shares the internet landscape with its products.
Amazon
- Sector: E-commerce
- Valuation (in USD): $1.81 trillion
- Current CEO: Andy Jassy
- Year of Foundation: 1994
- Country: USA
The well-known online shop Amazon.com is also one of the most valuable companies in the world. Amazon.com Inc. is a multinational e-commerce and technology powerhouse, revolutionizing retail, cloud computing, and digital streaming. Amazon.com is the biggest technology firm and online retailer in America, offering a huge selection of goods worldwide, such as clothing, home appliances, games, CDs and DVDs, books, everyday necessities, and games. But its other products like cloud and digital streaming services like Amazon Prime and AWS Cloud bring huge growth to the company.
Meta Platforms
- Sector: Social Media
- Valuation (in USD): $1.26 trillion
- Current CEO: Mark Zuckerberg
- Year of Foundation: 2004
- Country: USA
Meta Platforms Inc., formerly Facebook is a social technology company that provides social apps such as Facebook, Instagram, and WhatsApp. They build technology that helps people connect, discover community, and grow their businesses. Their virtual reality (VR) headset “Meta Quest” is also doing well in the market. Hence, it is one of the most valuable companies in the world.
Berkshire Hathaway
- Sector: Diversified Investments
- Valuation (in USD): $883.7 billion
- Current CEO: Warren Buffett
- Year of Foundation: 1839
- Country: USA
Berkshire Hathaway Inc. is a multinational diversified investment company led by Warren Buffett. It is famous for its diverse investment portfolio and ownership of various companies. Warren Buffett is one of the world’s most successful investors. Berkshire Hathaway has a diverse portfolio and strong leadership contributing to its high market cap. Its subsidiaries operate in sectors like insurance, utilities, manufacturing, and retail.
Eli Lilly
- Sector: Pharmaceuticals
- Valuation (in USD): $724.6 billion
- Current CEO: David A. Ricks
- Year of Foundation: 1876
- Country: USA
Eli Lilly and Company is an American pharmaceutical company. It is a global pharmaceutical firm headquartered in Indianapolis, Indiana. It was founded in 1876 by Colonel Eli Lilly. This company provides medications across various therapeutic areas, including diabetes, oncology, immunology, and neuroscience. They are established in 18 countries. Its products are sold in approximately 125 countries. Their major products are insulin therapies like Humalog and cancer treatments such as Verzenio.
TSMC
- Sector: Semiconductors
- Valuation (in USD): $708.75 billion
- Current CEO: C. C. Wei
- Year of Foundation: 1987
- Country: Taiwan
TSMC (Taiwan Semiconductor Manufacturing Company) is also on the list of most valuable companies in the world. It is the world’s largest dedicated independent semiconductor foundry, leading in advanced chip manufacturing. They produce chips for leading technology companies, driving innovation in electronics, telecommunications, and computing.