In today's article, we are going to learn about the world's most valuable companies and their net worth on the basis of market capitalization. if you ask me what is market capitalization?
Market Capitalization=number of outstanding shares * current market price of a share. (market capitalization is not a constant value it changes as it shares price goes up or down). I hope everything is clear let's start the topic.
10.VISA
In today's world, almost everyone has a credit or debit cards of different banks but one of the most common things we find on its Visa. Visa isn't a bank it's a company which makes safe and secure transactions between two banks or in simple words, it acts as a middle man thereby it charges money to their respective banks. In one second it can make 65000 transactions Visa is founded in 1958 now it's not only in financial sectors but also diversified in different sectors. The current market capitalization of visa is approx $389 Billion.
9. BERKSHIRE HATHAWAY
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| Warren Buffett |
It's one of my favourite company as it is lead by the legendary man Warren Buffett. Berkshire Hathaway is not like any other company it as invested in many different sectors like financial services, investments, restaurants, food processing, aerospace, media and many more. Now it is the world's most expensive stock one share of Berkshire Hathaway is $3,00,000 or 2,22,00,000 rupees. The current market capitalization of Berkshire Hathaway is approx $483 Billion.
8.TENCENT
Tencent is one of the biggest internet company in china it has been spread in fields like social network, music, web portals, payment systems, e-commerce, mobile games and etc. It's a venture company which invests in other companies especially it concentrates on online gaming platforms. Worldwide Tencent owns 13% of the gaming market, it has invested in games like clash of clans and also it has invested in social media platforms like WeChat which is very famous in china. The current market capitalization of Tencent is approx $645 Billion or.
7.ALIBABA
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| Jack Ma |
Jack ma one of the top 5 richest persons in Asia, he started Alibaba in the year 1999 which eventually changed his life. It allows Chinese businessman retailers and even a single person to do business worldwide. After Alibaba became a hit in worldwide Jack ma started to invest in e-commerce, social networks, cloud computing technologies and many more. At present Alibaba is china's most valuable company its current market capitalization is $733 Billion.
6.FACEBOOK
Facebook it needs no introduction almost everyone uses it our day to day life. Mark Zuckerberg created Facebook in the year 2004 it became a hit within a short time( if you have watched The Social Network you know the story how Facebook was created and it's controversies if you haven't seen the movie yet stop what you are doing and watch it. It's a masterpiece). In the year 2012 Facebook bought Instagram and again in the year 2014 it bought Whatsapp. Facebook has 4 apps out of the top 10 most downloaded apps. Now Facebook is concentrating on different sectors. The current market capitalization of Facebook is approx $800 or 59 lakh crores.
5.ALPHABET
Alphabet most of us don't about this company but it's the parent company of Google, youtube, android and many more. I think most of us are shocked that Google isn't the wealthiest company. Its main source of income is from google and youtube also it is one of the top companies which spend more money on research and technology. Now they are invested in so many different sectors like cloud computing technologies, mobiles and etc. The current market capitalization of Google is approx $1.1 trillion.
4.MICROSOFT
Everyone who uses a computer knows about Microsoft. They developed the Windows operating system, Office 365, Microsoft Office and many more. It was started by Bill Gates in the year 1975 now it is spread into different sectors like gaming, cloud computing technologies and etc. When Microsoft entered into the share market through its IPO it nearly made 12000 people millionaires. The current market capitalization of Microsoft is approx $1.5 trillion.
3.AMAZON
Amazon which doesn't require any introduction it changed the way we shop or buy any item. It was founded by Jeff Bezos(currently the richest person earth whose net worth is more than $200 billion) in the year 1994. From selling books in the beginning to selling everything online amazon has a great success. Like the other companies, we discussed amazon also invested in different companies and diversified into different sectors like digital streaming services, cloud computing technologies and etc. The current market capitalization of Amazon is approx $1.64 trillion.
2.SAUDI ARAMCO
Most of us don't even know about this company its full name is SAUDI ARABIAN OIL COMPANY. It is one of the world's largest Oil and Gas production and also one of the best Oil Refining company. It is once created a record by worlds most valuable company. It is also worlds most profitable company like the other companies in this list it also invested in so many different companies. The current market capitalization of Saudi Aramco is approx $1.9trillion.
1.APPLE
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| Steven Jobs |
Apple revolutionized the way we use mobiles. Nothing can beat apple products for their features. and security. It is famous for bringing new technology every now and then but after the death of Steve Jobs it's fallen a little back but I hope they will be back in the game even though Apple Spends so much amount In research and development. Do you know Apple has approx $200 billion in its bank as cash reserve with that amount it can India's largest company Reliance. The current market capitalization of Apple is approx $2trillion.
Image source-Google
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