Here we take a look at the 10 biggest companies in the world. We have taken one company with the largest market cap for each country.
Market Cap: $2.4 Trillion
The American tech giant takes first place in the list of the world’s biggest companies with a market cap of $2.4 Trillion.
Founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976, the company today is one of the ‘Big Five’ information technology companies in America along with Amazon, Google, Microsoft, and Facebook.
As of November 2020, the company employs around 150,000 people.
2. Saudi Aramco
Market Cap: $1.87 Trillion
Country: Saudi Arabia
Saudi Aramco, or formerly known as Arabian-American Oil Company is a public petroleum and natural gas company based in Dhahran, Saudi Arabia.
As of 2020, this Middle Eastern company is the largest company in the world by revenue and also has the second-largest crude oil reserves, around 43 billion cubic meters.
Due to the pandemic and the curbed demand for oil, the company’s earnings fell by around 45% in 2020 as compared to 2019.
Market Cap: $602 Billion
TSMC is the world’s largest semiconductor contract manufacturing and design company. The company was founded in Hsinchu, Taiwan in 1987 by Morris Chang and is currently led by Mark Liu.
Most of the leading fabless companies like ARM, AMD, Apple are long-term customers of TSMC.
The company also became the first Taiwanese company to be listed on the New York Stock Exchange in 1997.
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Market Cap: $578 Billion
Tencent Holdings is a multinational conglomerate company based in Shenzen, China. The subsidiaries of the company market various Internet-related services and products, including artificial intelligence, entertainment, and other technology across the world.
Tencent is also the largest video game vendor in the world. It was listed amongst the 50 most innovative companies worldwide by Boston Consulting Group.
The company currently has been focusing mainly on tech startups in Asia.
Market Cap: $435 Billion
Country: South Korea
Samsung is another multinational conglomerate Asian company to break into the list of biggest companies in the world with its headquarters in Seoul, South Korea.
The company was founded by Lee Byung-Chul in 1938 as a trading company but the firm diversified in areas like food processing, textiles, insurance, securities, and retail in the next 30 years.
As of 2020, the company is the eighth largest in the world with a market cap of $435 billion.
Market Cap: $376 Billion
Moët Hennessy Louis Vuitton, popularly known as LVMH, is a French multinational corporation that specializes in luxury goods with its headquarters in Paris, France.
The company was formed after the merger of luxury fashion house Louis Vuitton and Moët Hennessy, which was also a merged corporation of two alcohol-producing companies.
The company was founded by Bernard Arnault in 1987 and he still serves as the chairman and the CEO of the largest luxury goods producer in the world.
Market Cap: $345 Billion
ASML holding is a Dutch multinational corporation that specializes in the development and production of optical lithography systems.
This system uses light to transfer a geometric pattern on a photo-sensitive material. Currently, the company is the largest supplier of photolithography systems for the entire semiconductor industry.
As of 2021, the company employs more than 28,000 people from 120 different nations.
Market Cap: $318 Billion
F. Hoffmann-La Roche AG, popularly known as Roche, is a Switzerland-based healthcare company that operates two divisions across the world, one is pharmaceuticals and the other is diagnostics.
The company is the largest producer of pharmaceuticals in the world and also is the leading provider of cancer treatments globally.
The company was founded in 1896 and was then known for producing vitamin derivatives.
Market Cap: $248 Billion
Toyota Motor Corporation is a multinational automotive manufacturer with headquarters in Aichi, Japan.
The company was founded by Kiichiro Toyoda in 1937 and as of March 2021, the company is the largest manufacturer of automobiles with almost 10 million vehicle production every year.
The company also holds a 5.1% stake in Mazda, a 4.9% stake in Suzuki, and a 3.8% stake in Yamaha Motor Corporation.
10. Reliance Industries
Market Cap: $230 Billion
Reliance Industries is an Indian multinational conglomerate company, based in Mumbai, India. The industries dealing in diverse business fields include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles.
Reliance is the most profitable industry in India and is owned by Mukesh Ambani who is also the richest man of India.
The company is ranked 155th on the Fortune Global 500 list of the world’s biggest corporations as of 2021.
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