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| Top Ten Most Valuable Companies in the World - 2020 |
1 - Saudi Aramco |
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| Saudi Aramco |
Value: $1 880 bln. Industry: Oil and gas production, refining. Products: Oil, natural gas and other petrochemical products. Head Office: Dhahran, Saudi Arabia After the successful issue of shares on the stock exchange, Saudi Aramco (Saudi Arabian Oil Company) became the most expensive company in the world. SA has officially published its financial statements first in 2019. Shortly after the release of the shares on the Tadawul stock exchange, the company's value exceeded 1.9 trillion dollars. The oil giant has exceeded all expectations with the issued shares: its IPO is considered one of the most successful in history. They say, Saudi Aramco is going to use almost all the profits for various mergers, purchases, and expansion of its influence in the world. In particular, the company intends to become a leader in the production of liquefied natural gas. Today, Saudi Aramco is considered one of the world's leaders in oil production and reserves. SA already has branches and subsidiaries in China, Japan, Russia, the United Arab Emirates, the USA, Great Britain, and other countries. The company also collaborates with Lukoil, Royal Dutch Shell, Total SA, Sinopec, and others. Today, the company is owned by the Saudi Arabia government. The main office is located in Dahran. |
2 - Microsoft |
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| Microsoft |
Value: $1 062 bln. Industry: software development. Products: Microsoft Office, Microsoft Windows, Xbox. Head Office: Redmond, Washington, USA. The internationally famous corporation was founded in 1975 by Bill Gates, who is one of the richest men in the world by now. At that time Microsoft was the first software developer that suggested using packaged software for home computers that would thereby make PC experience user-friendly and intuitive. This software – the Microsoft disk operating system (MS-DOS) – was a real breakthrough since it allowed ordinary users to master PC computer skills easily. The system brought the company an incredible success and huge profits. Today, Microsoft is one of the leading companies in the PC software market as well; it releases new-generation Windows operating systems, a set of applications to work with documents called Microsoft Office, and a number of other software programs. Besides, Microsoft produces its own mobile devices and accessories, video, audio, and office equipment. |
3 - Apple inc. |
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| Apple inc. |
Value: $1 012 bln. Industry: electronics, information technology. Products: Personal computers and tablets, mobile phones, audio players… Head Office: Cupertino, California, USA. For a long time, Apple was the most valuable company in the world. But due to the situation with the disappointing iPhone sales, it lost its primacy. Yet the situation is much better now: the company is winning its positions back. Today, Apple is the third in terms of market capitalization. At the same time, the company continues to occupy the first position at the most expensive brands list. Today the company logo is probably recognized by many people because Apple became truly the most successful brand, its value is estimated at $720.12 billion by experts from rating agencies. The company was established on 1 April 1976 by Steve Wozniak, Ronald Wayne, and Steve Jobs. The trio initially engaged in the assembly of home computers and producing proprietary models of PC, but their greatest success came just in recent years of the company when Apple introduced the line of its own mobile products to the world — the iPhone smartphones and the iPad tablets. Nowadays the range of its products is wide and includes smartwatches, computers and laptops, tablets and smartphones, and more. However, the hallmark of “apple" gadgets' popularity is a high quality, a stylish design and a brilliant marketing program by Steve Jobs. Today the company has thousands of offices, brand stores, and service centers worldwide with a staff of nearly 132,000 employees. |
4 - Amazon Inc. |
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| Amazon Inc. |
Value: $858.68 bln. Industry: Retail business. Head Office: Seattle, Washington, United States On January 7, 2019, Amazon for the first time became the most expensive company in the world, overtaking its competitor – Microsoft. Today, it ranks fourth in the list of most valuable companies. Amazon is an American retail company that sells and delivers various goods over the internet. Internet users, suppliers, and producers can sell any goods on their own by using Amazon’s website as an online venue. The company’s major business line is selling various. The popularity of service soared thanks to high-quality goods, low prices, prompt delivery and a wide assortment of various goods. The company was established in 1994 by Jeff Bezos. According to the overall estimates, the company employs about 230,000 and has more than $150 billion in assets at the given moment. Its annual turnover amounts to approximately $200 billion. |
5 - Alphabet Inc. |
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| Alphabet Inc. |
Value: $838.02 bln. Industry: Internet. Head Office: Mountain View, California, USA. Google, the internationally famous Internet company, recently changed its official name to Alphabet because the company was out of the scope of Google search engine long ago and now it owns plenty of other companies as well. Sergey Brin and Larry Page, who jointly created the mega-company in 1998, are the heads of the Internet holding. More than thirty popular services and sub-companies are part of the holding: AdWords, Android, YouTube, to name a few. |
6 - Berkshire Hathaway Inc. |
| Berkshire Hathaway Inc. |
Value: $508.53 bln. Industry: insurance, finances, railway transport, utilities, food, and non-food products. Head Office: Omaha, Nebraska, USA. The company is known for its permanent owner, an American investor and an entrepreneur: Warren Buffett. Its share price of $338 920 that makes it the world's most expensive stock. Affiliated companies:GEICO (care insurance);General Re (reinsurance); Berkshire Hathaway Primary Group (insurance); Berkshire Hathaway Reinsurance Group (insurance and reinsurance); BNSF — (railway transport); Berkshire Hathaway Energy (electricity and gas supply); McLane Company (wholesale commerce). Over 40,000 shareholders took part in the 2015 annual meeting. That’s why the meeting earned the facetious nickname “Woodstock for Capitalists". |
7 - Facebook |
Value: $508.05 bln. Industry: Internet. Head Office: Menlo Park, California, USA. Facebook was developed by Mark Zuckerberg in February 2004. The Facebook social network is currently visited by more than 1.86 billion people every day. The market value of $413.25 billion is simply an astronomical indicator of popularity for an Internet project. Today, Facebook yields more than $8 billion net yearly profit due to online advertising. Moreover, the company is a leader in this TOP 10 list in terms of profitability, since its net profit increased by 54% within the past year alone. |
8 - Alibaba Group |
| Alibaba Group |
Value: $435.40 bln. Industry: Internet. Products: E-commerce, online auction hosting, online money transfers, mobile commerce. Head Office: Hangzhou, China. The Alibaba company is one of the largest virtual trading platforms in China and in the world, attracting the attention of buyers both by affordable prices and by a wide range of goods presented. Founded on April 4, 1999, the company provides consumer, business-consumer and business services through web portals, as well as electronic payment services, a search system for customers and cloud computing. |
9 - Tencent |
| Tencent |
Value: $398.84 bln. Industry: Internet. Products: Social networking, instant messaging, mass media, web portals, etc. Head Office: Shenzhen, China. Tencent is a venture company, a conglomerate, an investment holding, and one of the largest companies in the gaming industry. This Chinese giant, founded in 1998, occupies the 9th position in the ranking of the most expensive companies worldwide. Its services include social networks, mobile games, music, web portals, payment systems, e-commerce, Internet services, smartphones, and multiplayer online games, which are among the largest and most successful in the world in their respective categories. |
10 - Visa Inc. |
| Visa Inc. |
Value: $385.37 bln. Industry: Financial Services. Head Office: San Francisco, California, USA. Visa Inc. was founded in 1958. It is an international company that conducts payment transactions and bank transfers between financial institutions. Visa is the second-largest payment system in the world based on issued cards and transaction data. You can pay with Visa cards in more than 200 countries. Most of the company's transactions are processed using the VisaNet electronic payment network. Remarkable is that the company has four centers for processing these transfers, which are located in Colorado, Virginia, London, and Singapore. They are well protected from possible criminal interference and natural disasters. |
| Updated on:21/JAN/2020 | Credit: Data=Wikipedia" |
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