10 World’s Largest Trillion Dollar Companies by 2022

During the pandemic, some companies caught the growth with accelerated pace while others progressed at a very sluggish rate. Financial experts regularly compare the global growth of companies on the basis of numerous factors.  

 

A community who has expertise in the financial realm employs an arena of metrics to understand the worth of a company. These metices are market capitalization, revenue, earnings, market cap gain/loss, and many more. 

 

Accounting market capitalization, or as it is known “market cap in the patois of stock market”, is computed by multiplying the current market price of the company to outstanding shares issued by the company. We are listing here world’s largest companies based on market capitalization of respective companies.

 

(Must read: Best tech companies)

 

 

List of Top 10 Largest Companies 

 

Please note that the market capitalization of all the tech corporations are provided with respect to September 01, 2021. (Source: www.value.today)

 

1. Apple

 

Market capitalization: 2,510.00 Billion USD

 

Industry: Electronics, Information Technology

 

Products: Mobile, iPod, Personal computers, and tablets

 

Apple is the first US company to become a trillion dollar company and reached the historic milestone of success. 

 

Apple Inc. is an US hardware and software developer and technology company that operates in developing and selling smartphones, computers and consumer electronics, operating systems and application software. Besides, the company also deals in online sales channels for music, films, and software.

 

Apple fabricates, manufactures, merchandises a variety of consumer technology goods and services incorporating smartphones, personal computers, tablets, wearable devices, and many more. The company’s most trendy products are its iPhone range of smartphones and Mac range of computers.

 

Among many, Apple has positioned itself as a fast-growing service provider, operating digital content stores, trading streaming video games and delivering streaming services, for example, Apple+, an online on-demand entertainment material platform.   

 

(Related blog: How Apple uses Big data and AI)

 

 

2. Microsoft

Market capitalization: 2,269.00 Billion USD

 

Industry: Software Development, Information technology, Consumer electronics.

 

Products: Windows Operating System, Microsoft Office, Xbox, Search engine.

 

“I would be disgusted if somebody ever celebrated our market cap,” Nadella told Bloomberg Businessweek. “(Celebrating the milestone would be) the beginning of the end.”

 

Bill Gates and Paul Allen were founded in 1975, Microsoft is counted as a global leader in the field of personal computer software market. An American based company, Microsoft designs and delivers software and services, for example, a search engine (Bing), cloud solutions and computer operating systems as windows, enterprise applications, CRM applications, technology solutions. 

 

Inspired by the innovative business perspective given by Bill Gates, Microsoft has a variety of products such as Microsoft Office, Office 365, xBOX, Microsoft Laptops, Mobiles, etc. 

 

One of its most prominent products, Azure (the business’s cloud computing segment) has fuelled much growth in its entirety. The remarkable operating system of Microsoft Windows has added thriving success that made great profit for the company.

 

Converging to an appreciable move initiated by CEO Satya Nadella, a cloud computing, assisted in driving the share of the company to its highest since 1991 before the venture became the 2nd US public company to be valued over $1 trillion. 

  

As the largest software company, Microsoft has raised exponential growth since its very first revenue of US$16,005 in 1975. Evenmore, the company’s valuation is more than 230% since the CEO joined the company in February 2014 and is constantly focusing on improving the future development of the company.

 

 

3. Alphabet (Google)

 

Market capitalization: 1,934.00 Billion USD

 

Industry: Internet, Software services.

 

Products: Operating System, Search Engine, Mobile Phone

 

Alphabet Inc. is the US holding company of the former Google LLC and continues to operate as a subsidiary. The company has the headquarters in Mountain View in Silicon Valley, and is presently led by Sundar Pichai as CEO.

 

Being a parent company of Google, Alphabet deals  in technology, life sciences, investment capital, and research. The company assists and develops companies employing technologies to what’s biggest challenges around and provides ambitious projects in the form of resources, freedom and flexibility to make their ideas true.

 

Established in 1998, Larry Page and Sergey Brin were founded Alphabet when both were studying at Stanford University, the company trades with two codes GOOG and GOOGL in NASDAQ, the two codes hold the discrepancy that GOOG shares have no voting rights while other, GOOGL shares, have voting rights.

 

As the market value of Google is continuously expanding, the huge achievement witnesses the significant future of Alphabet, the innovative leadership is a key factor that marks the ongoing unbeatable success. From producing wearable technology to meeting necessary demand in everyday life, Alphabet focuses on innovation first and monetising second. (Know more about Alphabet Inc, by following the link)

 

 

4. Saudi Aramco

 

Market capitalization: 1,891.60 Billion USD

 

Industry: Oil and gas production, refining.

 

Products: Crude Oil, Natural Gas, and petrochemical derivatives.

 

Saudi Aramco is the Saudi Arabian national petroleum and natural gas company that operates in oil and gas exploration, refinery and trading. It is the biggest oil producer across the world, and has second-largest crude oil reserves. An integral part of the company has both upstream and downstream operations and produces energy and chemicals.

 

Owned by the Saudi Government, the company went public two years ago in 2019, Saudi Arabia is part of the Organization of petroleum exporting (OPEC) countries along with 12 other countries contributing to 44% of global oil production.

 

The company broke the trillion-dollar barrier on its very first day of trading in an IPO that was much promoted by analysts and commentators, it is the only company to enter in the four-comma club, listed outside the US. The company is currently traded in Saudi Stock Exchanges making its shares impossible to trade for non-institutional investors.

 

The company has subsidiaries in China, Japan, Russia, UAE, USA, Great Britain and many other countries, employs 66, 800 (in the year 2020) employees worldwide and 98.5% stake of the company is controlled by the Saudi Arabian Government.

 

 

5. Amazon 

 

Market capitalization: 1,758.00 Billion USD

 

Industry: Retail business, E-Commerce, Artificial Intelligence.

 

Products: Software, Kindle, FireTV, Echo

 

Amazon is an American online retailer with a large variety of products. Started as an online bookseller, the company has become the largest e-commerce platform across the world and has flourished by embracing virtually each segment of retailing. Besides marketing products via its e-commerce platform, Amazon operates its subsidiaries such as Whole Foods Market and home security products, and many more. 

 

Amazon’s fast-paced fields of business touch cloud computing services, subscription products such as Amazon Music, Amazon Prime - streaming movies and other entertainment. Facilitating its operations in many countries such as the USA, UK, China, Japan, Canada, India, Australia, France, etc, Amazon is omnipresent across the globe.

 

Integrating sales marketplace, private individuals and different organizations to offer new and used products as part of online trading, the company has evolved as the market leader in internet trading and has a pool of books, CDs, and videos.

 

In addition to that, Amazon offers Amazon Cloud Services that serves as an umbrella for many organizations to host their operations and services with Amazon Cloud. (Learn how Amazon uses warehouse technologies)

 

“Vision is absolutely important, but it doesn’t deserve your day-to-day attention,” “You need a vision, then, that’s a touchstone: It’s something you can always come back to if you ever get confused. “But mostly, your time should be spent on things that are happening today, this year, maybe in the next two or three years.“I try to organise my personal time so that I live mostly about two to three years out.” -Amazon CEO Jeff Bezos.

 

6. Facebook

 

Market capitalization: 1,070.00 Billion USD

 

Industry: Internet

 

Products: Facebook portal, Messenger

 

“There are different ways to do innovation. You can plant a lot of seeds, not be committed to any particular one of them, but just see what grows. And this really isn't how we've approached this. We go mission-first, then focus on the pieces we need and go deep on them and be committed to them. Mark Zuckerberg”

 

Facebook is an American company based in Menlo Park, California, the company owns social network site Facebook, the video and photo sharing app Instagram, the messenger Whatsapp and the manufacturer of virtual reality hardware Oculus VR.

 

After Google and YouTube, Facebook is the largest social media network platform. In 2004, founded by Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, and Chris Hughes, all of whom were students at Harvard University, the company has acquired Whatsapp, Instagram, and Oculus in recent years. 

 

Facebook offers free of charge services, the company earns most of its revenue from advertisements on the website. The services such as bottom-up, peer to peer connectivity among facebook users and many more enable businesses to connect with consumers along with their products and services.

 

 

Possible Trillion Dollar companies by 2022

 

7. Tesla

 

Market capitalization: 737.02 Billion USD

 

Industry: Automobiles, Energy

 

Products: Cars, Trucks, Solar roofs, Battery, etc

 

Tesla is an American company manufacturing and selling electric cars all over the world along with power storage and photovoltaic systems, the company works with the objective “ to accelerate the sustainable energy transition”. 

 

The name was given to the company by physicist and inventor Nikola Tesla, the company deals in automotive products including electric cars, electric batteries, clear energy storage products, solar panels, battery cells in order to provide green energy.

 

Presently, Elon Musk is CEO of Tesla who also owns SpaceX (that is able to send rockets to the moon individually), Neuralink (that develops the high bandwidth brain-machine interfaces to connect the human brain to computers) and the Boring Company ( that combines fast, affordable tunneling technology with the electric public transportation system).

 

The company has headquarters in the US, and has formed ZETA while working with other 27 companies in 2020, ZETA (zero emission transport association) aimed to move all internal combustion engines to electric. (Follow the link to understand the manufacturing revolution of Tesla)

 

Tesla was founded by Martin Eberhard and Marc Tarpenning in 2003 as Tesla Motors, however, Elon Musk is the face of the company and a major shareholder in the company. 

 

 

8. Berkshire Hathaway

 

Market capitalization: 646.79 Billion USD

 

Industry: Insurance, Finances, Media, Railway transport, food, and non-food products

 

Products: Property and casualty insurance, Diversified Investments

 

Berkshire Hathaway Inc. is an American multinational holding corporation owning a broad spectrum of diversified domestic and international sectors and industries, these include investment, property & casualty insurance, utilities, restaurants, food processing, aerospace, media, automotive, energy generation, among others. 

 

The company owns and operates in substantial portions of the equity securities and derivatives markets. The chairman of the company is the US major shareholder and multi-billionaire Warren Buffett who is popularly regarded as “The Oracle of Omaha” for his investment philosophy.

 

Established as a manufacturing company, Berkshire Hathaway was founded 182 years ago in 1839, as per report, Omaha, Nebraska-based company has 360, 000 active employees. The share price of the company is $400, 000 per share and holds most expensive stocks in certain terms.

 

 

9. Taiwan Semiconductor Manufacturing Industry (TSMC)

 

Market capitalization: 617.20 Billion USD

 

Industry: Semiconductors

 

Products: Manufacture of Integrated circuits and related services

 

Taiwan Semiconductor Manufacturing Company is the third largest semiconductor manufacturer across the globe followed by Intel and Samsung. Founded back in 1987 by Morris Chang, the company has headquarters and other branches of the organization are situated in Hsinchu,Taiwan. 

 

TSMC has evolved as the largest independent semiconductor contract manufacturer of semiconductor products worldwide, and presently the company is owned by foreign investors.

 

Moreover, TSMC has employed different process technologies, fabricated a number of products according to customer requirements and provided the widest range of advanced, specialized and advanced packaging technology services. 

 

The semiconductors manufactured by TSMC are widely implemented in various applications incorporating the segments of computer, communications, consumers, industrialized and standardized semiconductor markets.

 

(Suggested reading: Top Wealthtech Players in the world)

 

 

10. Tencent

 

Market capitalization: 609.44 Billion USD

 

Industry:  Internet

 

Products: Social networking, instant messaging, mass media, web portals

 

Tencent Holdings is China based mutli-national investment company and a leading service provider of Internet value added services in China. Soon after its establishment, the company has retained a constant growth over the period of time with the umbrella of consumer-focused operating strategies. 

 

With the vision to evolve as the most conspicuous internet providing organization, Tencent Holdings Limited (SEHK 700) appeared publicly on June 16, 2004 at the main board of Hong Kong Stock Exchange, having headquarters in China.

 

On a consistent commitment in order to cooperate with citizens, Tencent maintains charity programs and progress of genuine internet communities across the globe (specific users’ platform). 

 

With the launching of each novel product and invention, Tencent aims to embrace generosity, expand the internet internationally, and serve as a role model for all leading corporations who are struggling to upgrade their services through technology. 

 

Conclusion

 

Most valuable yet biggest tech companies based in the US have flown in the global financial market, powering via a global pandemic and broad spectrum economic crisis, followed by Saudi Arabia, China, Taiwan and South Korea.

 

(Also read: Best tech companies to work for)

 

Sustaining in the market over iPhone sales, Microsoft’s expanding Team collaboration product, Amazon’s blooming e-commerce platform and Google and Facebook rule the international market with the online ad duopoly. All the biggest tech companies dominated the financial pool by market capitalization and never slowed down in COVID-19, their exponential growth climbed manifold stocks abundantly.