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Top 20 Most Valuable Companies in the World 2024

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most valuable companies in the world

The Most valuable companies in the world are companies with the highest market capitalization.

Market Capitalization is calculated by multiplying the number of shares of the company by the value of each share. In this list, American Tech company Apple is the most valuable company in the world.

The company took over the first spot from American Tech giant Apple to become the biggest company in terms of market value but soon lost the spot again.

Here is the list of the top 20 Most Valuable Companies in the world by market value.

  1. Saudi Aramco
  2. Apple
  3. Microsoft
  4. Alphabet
  5. Amazon
  6. Tesla
  7. Berkshire Hathaway
  8. Meta
  9. Tencent
  10. TSMC
  11. United Health
  12. Johnson & Johnson
  13. NVIDIA
  14. Exxon Mobil
  15. Visa
  16. JPMorgan Chase
  17. Kweichow Moutai
  18. Chevron
  19. Procter & Gamble
  20. Mastercard

The 20 Most Valuable Companies in the World

Apple

Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services headquartered in Cupertino, California, United States.

Read Apple net worth

Apple is the largest technology company by revenue and, as of June 2022, is the world’s biggest company by market capitalization, the fourth-largest personal computer vendor by unit sales, and the second-largest mobile phone manufacturer.

Saudi Aramco

Saudi Aramco officially the Saudi Arabian Oil Company is a Saudi Arabian public petroleum and natural gas company based in Dhahran

Saudi Aramco operates the world’s largest single hydrocarbon network, the Master Gas System.

The company has a market capitalization of $2.37tn making it the most valuable company in the world.

The company currently employs about 68, 000 employees.

Microsoft

Microsoft Corporation is an American multinational technology corporation that produces computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washington, United States.

Its best-known software products are the Windows line of operating systems.

Microsoft has a market capitalization of $1.83 trillion making it one of the most valuable companies in the world

Alphabet

Alphabet Inc. is an American multinational technology conglomerateholding company headquartered in Mountain View, California.

It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.

Alphabet is the world’s third-largest technology company by revenue and one of the world’s most valuable companies.

Alphabet market capital is $1.30 trillion

Amazon

Amazon.com, Inc. is an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.

It has been referred to as “one of the most influential economic and cultural forces in the world”, and is one of the world’s most valuable brands.

It is one of the Big Five American information technology companies, alongside Alphabet, Apple, Meta, and Microsoft.

Amazon’s market capital is $1.21 trillion

Tesla

Tesla, Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas.

Tesla designs and manufactures electric vehicles, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services

Tesla market capital is $732 billion

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Berkshire Hathaway

Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.

The company wholly owns GEICO, Duracell, Dairy Queen, BNSF Railway, Lubrizol, Fruit of the Loom, Helzberg Diamonds, Long & Foster, FlightSafety International, Shaw Industries, Pampered Chef, Forest River, and NetJets, and also owns 38.6% of Pilot Flying J.

Berkshire Hathaway’s market capital is $611 billion and its one of the largest companies in the world by market cap

Meta

Meta Platforms, Inc., doing business as Meta and formerly named Facebook, Inc., and TheFacebook, Inc., is an American multinational technology conglomerate based in Menlo Park, California.

The company owns Facebook, Instagram, and WhatsApp, among other products and services. 

Meta market capital is $364.65 billion and is among the companies by market cap

Tencent

Tencent Holdings Ltd. is a Chinese multinational technology and entertainment conglomerate and holding company headquartered in Shenzhen.

It is one of the highest-grossing multimedia companies in the world based on revenue.

It is also the largest company in the video game industry in the world based on its investments, with Tencent Games being the subdivision of Tencent Interactive Entertainment Group (IEG) focused on publishing games.

Tencent market capital is $338.23 Billion and is among the top 10 companies in world

TSMC

Taiwan Semiconductor Manufacturing Company, Limited  is a Taiwanese multinational semiconductor contract manufacturing and design company.

It is the world’s most valuable semiconductor company, the world’s largest dedicated independent (pure-play) semiconductor foundry, and one of Taiwan’s largest companies, with its headquarters and main operations located in the Hsinchu Science Park in Hsinchu. It is majority owned by foreign investors.

TSMC market capital is $$357.14 Billion

United Health

UnitedHealth Group Incorporated is an American multinational managed healthcare and insurance company based in Minnetonka, Minnesota.

It offers health care products and insurance services. UnitedHealth Group is the world’s seventh largest company by revenue and the largest healthcare company by revenue, and the largest insurance company by net premiums. 

United Health market capital is  $487.66 Billion

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Johnson & Johnson

Johnson & Johnson (J&J) is an American multinational corporation founded in 1886 that develops medical devices, pharmaceuticals, and consumer packaged goods.

Its common stock is a component of the Dow Jones Industrial Average and the company is ranked No. 36 on the 2021 Fortune 500 list of the largest United States corporations by total revenue.

 Johnson & Johnson is one of the world’s most valuable companies, and is one of only two U.S.-based companies that has a prime credit rating of AAA, higher than that of the United States government.

Johnson & Johnson market capital is $433.47 billion and is among the most valuable companies 2022

NVIDIA

VIDIA Corporation is an American multinational technology company incorporated in Delaware and based in Santa Clara, California.

 It is a software and a fabless company that designs graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing as well as system-on-chip units (SoCs) for the mobile computing and automotive market.

Nvidia is a global leader in artificial intelligence hardware and software.

NVIDIA market capital is $319.82 billion making it one of the most valuable companies in the world

Exxon Mobil

ExxonMobil Corporation commonly shortened to Exxon is an American multinational oil and gas corporation headquartered in Irving, Texas

Exxon Mobil’s market capital $412.93 billion

Visa

Visa Inc. is an American multinational financial services corporation headquartered in San Francisco, California.

It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world’s most valuable companies.

Visa market capital is $383 billion making it one of the most valuable companies in the world

JPMorgan Chase

JPMorgan Chase & Co. is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware.

 As of 2022, JPMorgan Chase is the largest bank in the United States, the world’s largest bank by market capitalization, and the fifth largest bank in the world in terms of total assets, with total assets of US$3.954 trillion.

Kweichow Moutai

Kweichow Moutai Co., Ltd. is a partial publicly traded, partial state-owned enterprise in China, specializing in the production and sales of the spirit Maotai baijiu, together with the production and sale of beverage, food, and packaging material, development of anti-counterfeiting technology, and research and development of relevant information technology products.

Kweichow Moutai market capital $330.67 Billion

Chevron

Chevron Corporation is an American multinational energy corporation. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California, it is headquartered in San Ramon, California, and active in more than 180 countries.

Chevron market capital is $307.73 billion making it one of the most valuable companies in the world

Procter & Gamble

The Procter & Gamble Company is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio, founded in 1837 by William Procter and James Gamble

Procter & Gamble market capital is $307.06 billion

Mastercard

Mastercard Inc. is an American multinational financial services corporation headquartered in the Mastercard International Global Headquarters in Purchase, New York

Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the “Mastercard” brand debit, credit, and prepaid cards to make purchases

Mastercard’s market capitalization is $290.91 billion

Thank you for reading about the most valuable companies in the world

Source: Glusea

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