The biggest companies in the world are some of the most successful and influential businesses on the planet. These companies play an important role in the global economy. They provide jobs, generate tax revenue, and drive innovation.
In this post, let me take you through some of the biggest companies in the world and what they do that puts them in the spot. I have made this list by going through the market caps of each company.
Let’s get into it shall we?
Top 10 Biggest Companies In The World In a Nutshell
Here is an overview table of the biggest companies in the world ranked by market capitalization:
|Rank||Company Name||Market Cap||Country of Origin|
|#1||Apple Inc.||$2.65 Trillion||The U.S.|
|#2||Saudi Aramco||$2.33 Trillion||Saudi Arabia|
|#3||Microsoft Corp.||$2.10 Trillion||The U.S.|
|#4||Alphabet Inc.||$1.33 Trillion||The U.S.|
|#5||Amazon Inc.||$1.42 Trillion||The U.S.|
|#6||Tesla Inc.||$910 Billion||The U.S.|
|#7||Berkshire Hathaway Inc.||$614 Billion||The U.S.|
|#8||NVIDIA Corp.||$328 Billion||The U.S.|
|#9||Taiwan Semiconductor Manufacturing Co. Ltd.||$328 Billion||Taiwan|
|#10||Meta Platforms Inc.||$456 Billion||The U.S.|
15 Most Biggest Companies In The World As Of 2023 (In Details)
Here is an entire list of the Biggest Companies In The World, which include some of the top names which are leading the charts in stocks and Net Income.
1. Apple Inc. (AAPL)
Apple has been a tech giant for many years now, and it remains at the top of the list of the biggest companies in the world.
Apple has earned its money from selling smartphones and other consumer technology products and services like digital content stores, payment services, cloud, Audio, and video streaming platforms like iTunes and AppleTV+.
|Total Revenue:||$394.33 Billion|
|Net Income:||$100.5 Billion|
|Market Cap:||$2.65 Trillion|
2. Microsoft Corp. (MSFT)
Microsoft Corporation is a technology company that was founded in 1975 by Bill Gates and Paul Allen.
It is best known for its Windows operating system, the Microsoft Office productivity software suite, and the Xbox video game console. The company has also been a leader in cloud computing and artificial intelligence.
Microsoft is a global powerhouse that has had a major impact on how we live and work. It is a company that is constantly innovating and pushing the boundaries.
|Total Revenue:||$184.9 Billion|
|Net Income:||$71.2 Billion|
|Market Cap:||$2.10 Trillion|
3. Saudi Aramco (2222. SR)
This Saudi-Arabia-based Oil and Gas company is the world’s largest oil producer, with over 11.5 million barrels per day.
Aramco is a key player in the global energy industry and is leading in the transition to a cleaner energy future.
They operate upstream in the e oil and natural gas and production downstream with refining, manufacturing, and distributing petrochemicals.
|Total Revenue:||$346.5 Billion|
|Net Income:||$88.1 Billion|
|Market Cap:||$2.33 Trillion|
|Industry:||Oil and Gas Integrated|
4. Alphabet Inc. (GOOGL)
Alphabet Inc. is a holding company that was founded in 2015 by Larry Page and Sergey Brin.
Alphabet is best known for its Google subsidiary, which is the world’s leading search engine. The company also owns a variety of other subsidiaries, including Waymo, Verily, and DeepMind.
Alphabet is a global leader and a company that is changing how we live and work, and it will continue to do so in the years to come.
|Total Revenue:||$257.6 Billion|
|Net Income:||$76.0 Billion|
|Market Cap:||$1.33 Trillion|
|Industry:||Internet Content and Information|
5. Amazon Inc. (AMZN)
Amazon Inc. is a technology company that was founded in 1994 by Jeff Bezos. Amazon is best known for its e-commerce platform, which is the world’s largest online retailer.
The company also owns a variety of other subsidiaries, including Amazon Web Services, Audible, and Twitch.
Along with its cloud computing service and quickly expanding streaming entertainment business, Amazon also provides a variety of subscription services and web services.
|Total Revenue:||$469.8 Billion|
|Net Income:||$33.4 Billion|
|Market Cap:||$1.42 Trillion|
6. Tesla Inc. (TSLA)
Tesla is a clean energy and automobile corporation headquartered in Palo Alto, California.
In 2003, Elon Musk, Martin Eberhard, and JB Straubel established the business.
This giant company is known for its electric vehicles, such as the Model S, Model 3, and Model X. It is also a leader in solar energy and battery storage.
Tesla is a force for economic change in the world; it is helping to make the planet cleaner and more sustainable.
|Total Revenue:||$53.8 Billion|
|Net Income:||$5.5 Billion|
|Market Cap:||$910 Billion|
7. Berkshire Hathaway Inc. (BRK.A)
Berkshire Hathaway Inc. is a multinational alliance holding company headquartered in Omaha, Nebraska.
It was founded in 1839 as a textile manufacturing company, but it has since diversified into a wide range of businesses, including insurance, railroads, utilities, and consumer goods.
Berkshire Hathaway is one of the most successful companies in the world, and legendary investor Warren Buffett leads it.
|Total Revenue:||$276.1 Billion|
|Net Income:||$89.8 Billion|
|Market Cap:||$614 Billion|
|Industry:||Financial Alliance/ Conglomerate|
8. NVIDIA Corp. (NVDA)
In 2022, Berkshire Hathaway Inc., the investment conglomerate led by Warren Buffett, made a $5.6 billion investment in NVIDIA Corp., a leading semiconductor company.
The investment was a major vote of confidence in NVIDIA’s future, and it helped to fuel the company’s stock price to new heights.
Berkshire Hathaway’s investment in NVIDIA is a reminder that even the most successful companies are always looking to the future.
|Total Revenue:||$26.9 Billion|
|Net Income:||$9.8 Billion|
|Market Cap:||$328 Billion|
9. Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)
Taiwan Semiconductor Manufacturing Company Limited (TSMC) is a Taiwanese contract manufacturing plus design company of semiconductors.
It is one of the greatest and most valuable semiconductor companies and the world’s largest dedicated sole semiconductor manufacturer, and a major contributor to the Taiwanese economy.
TSMC’s chips are used in various products, from smartphones and computers to cars and medical devices.
|Total Revenue:||$56.8 Billion|
|Net Income:||$21.4 Billion|
|Market Cap:||$456 Billion|
10. Meta Platforms Inc. (META)
It is formerly known as Facebook, is a social media company that connects people around the world.
The number of popular social media platforms, including Facebook, Instagram, and WhatsApp.
It is also investing heavily in the Metaverse, a virtual world where people can interact with each other and with digital content.
|Total Revenue:||$117.9 Billion|
|Net Income:||$39.4 Billion|
|Market Cap:||$449 Billion|
11. United Health.
United Health is a healthcare and well-being company that helps people live healthier lives.
They offers a wide range of healthcare products and services, including health insurance, wellness programs, and prescription drug coverage.
United Health is committed to helping people achieve their health goals and live longer healthier lives.
|Total Revenue:||$80.3 Billion|
|Net Income:||$19.430 Billion|
|Market Cap:||$493 Billion|
|Industry:||Healthcare Products and Services|
12. Johnson & Johnson
Johnson & Johnson is a global healthcare company that has been helping people live healthier lives for over 135 years.
They are committed to making a difference in the world from developing life-saving vaccines to creating innovative medical devices.
With its focus on people, science, and ingenuity, Johnson & Johnson is helping to create a healthier lifestyle for all.
|Total Revenue:||$94.04 Billion|
|Net Income:||$19.157 Billion|
|Market Cap:||$434 Billion|
|Industry:||Drug Manufacturers (General)|
Visa connects customers, retailers, businesses, and governments in over 200 nations and territories through its global payments platform.
The mission of Visa is to bring people, businesses, and economies together throughout the world by providing the most advanced, trustworthy, safe payment network.
Visa is a brand that represents trust, security, and convenience through its products and services.
|Total Revenue:||$7,787 Million|
|Net Income:||$14.957 Million|
|Market Cap:||$388 Billion|
From its humble beginnings as a small discount store in Arkansas, Walmart has grown to become the world’s largest company by revenue.
But Walmart is more than just a business. It’s a community. A place where people come together to shop, work, and live.
Walmart is committed to making a difference by providing its customers with everyday low prices, creating jobs, and supporting local communities.
|Total Revenue:||$573 Billion|
|Net Income:||$8.967 Billion|
|Market Cap:||$387.72 Billion|
15. Tencent Holdings
Tencent Holdings is a Chinese multinational technology conglomerate headquartered in Shenzhen, Guangdong. It is one of the world’s largest technology companies by market capitalization.
Tencent is known for its popular social media platforms, WeChat and QQ, as well as its gaming division, which is the largest in the world.
Tencent is also a major player in the cloud computing and artificial intelligence sectors.
|Total Revenue:||$83.64 Billion|
|Net Income:||$27.17 Billion|
|Market Cap:||$2.67 Trillion|
The Bottom Line
In conclusion, the biggest companies in the world are a diverse group operating in a wide range of industries. However, they all have one thing in common: they are all incredibly successful.
These companies have achieved their success through a combination of factors, including innovation, efficiency, and a strong focus on customer service.
They have also benefited from the growth of the global economy and the rise of new technologies.
As the global economy continues to grow, the biggest companies in the world are likely to continue to grow and prosper.
A company’s market capitalization is determined by the number of shares outstanding multiplied by the current share price. The factors that contribute to a company’s market capitalization include its size, profitability, growth prospects, and overall financial health.
The biggest companies in the world make money in a variety of ways. Some of the most common ways include:
1. Selling products or services,
2. Investing in other companies
3. Lending money to other companies
4. Charging fees for services,
5. Licensing intellectual property
With staggering daily profits of $304 million, the Saudi Arabian Oil Company, more commonly referred to as Saudi Aramco, is by far the most lucrative business in the world.
Jeff Bezos makes an enormous amount of money, taking home a giant $4,474,885 each hour. That is almost 157 times the $28,466 median yearly income for Amazon employees.