Top 10 largest companies in the world by market cap in 2024.
As the global economy continues to evolve, the leading companies by market capitalization have captured the attention of investors, market watchers, and even casual observers. This article provides a comprehensive overview of the top 10 companies by market capitalization in 2024, highlighting their respective sectors.
Top 10 largest companies in the world in 2024.
Which company holds the title of the largest in the world by market capitalization? It’s Apple, naturally—the company has been a dominant force in the tech industry for years.
Here’s a list of the top 10 companies by market cap as of June 24, 2024:
Company | Sector | Market Cap (in USD) |
1. Microsoft | Technology | $3.342 trillion |
2. Apple | Technology | $3.181 trillion |
3. Nvidia | Technology | $3.181 trillion |
4. Alphabet (Google) | Technology | $2.222 trillion |
5. Amazon | E-commerce | $1.967 trillion |
6. Saudi Aramco | Oil & Gas | $1.801 trillion |
7. Meta Platforms | Social Media | $1.255 trillion |
8. TSMC | Semiconductors | $902.22 billion |
9. Berkshire Hathaway | Diversified Investments | $883.13 billion |
10. Eli Lilly | Pharmaceuticals | $840.04 billion |
1. Microsoft
Current CEO: Satya Nadella
Year of Foundation: 1975
Country: USA
Microsoft Corporation provides a wide range of products and services, notably its renowned Windows operating system and Office software suite. Beyond software, Microsoft has expanded into cloud computing and hardware, securing its position as one of the top revenue-generating companies.
2. Apple
Current CEO: Tim Cook
Year of Foundation: 1976
Country: USA
Apple Inc. holds the title of the world’s largest company by market capitalization. Known for its revolutionary products like the iPhone, iPad, and Mac, Apple continually drives technological innovation. Its dedication to cutting-edge design and innovation has established it as a favorite among consumers and a leader in the global market.
3. Nvidia
Current CEO: Jensen Huang
Year of Foundation: 1993
Country: USA
Nvidia has recently risen to prominence, with its profits surpassing those of many other companies in the industry. Renowned for its expertise in developing stand-alone GPUs, Nvidia’s graphics processing units are essential components for generative AI platforms such as OpenAI’s ChatGPT and Google’s Bard.
4. Alphabet (Google)
Current CEO: Sundar Pichai
Year of Foundation: 2015
Country: USA
Alphabet Inc., the parent company of Google, boasts a varied array of businesses, including search engines, online advertising technologies, cloud computing, software, and hardware. Google’s widespread influence in the digital realm plays a significant role in securing Alphabet’s status as one of the leading companies by market capitalization.
5. Amazon
Current CEO: Andy Jassy
Year of Foundation: 1994
Country: USA
Amazon.com Inc., the leading global e-commerce giant, has expanded its reach into cloud computing, digital streaming, and artificial intelligence. With a vast range of products and a commanding presence in online retail, Amazon stands out as a major player among the world’s top companies by market capitalization.
6. Saudi Aramco
Current CEO: Amin H. Nasser
Year of Foundation: 1933
Country: Saudi Arabia
Saudi Aramco plays a pivotal role in the oil and gas industry, standing as a cornerstone of Saudi Arabia’s economy with one of the world’s largest market capitalizations. Its extensive oil reserves and strategic Middle Eastern location firmly establish it among the foremost global industry leaders.
7. Meta Platforms (Facebook)
Current CEO: Mark Zuckerberg
Year of Foundation: 2004
Country: USA
Meta Platforms, formerly known as Facebook Inc., dominates the social media landscape with its ownership of Instagram, WhatsApp, and the Oculus Metaverse. Meta is spearheading the integration of the metaverse into everyday life, envisioning a virtual 3D realm that replicates real-world experiences. Through its Oculus division, Meta strives to provide a cohesive virtual environment where users can engage in immersive, lifelike activities seamlessly blending with their offline lives.
8. TSMC
Current CEO: C. C. Wei
Year of Foundation: 1987
Country: Taiwan
Taiwan Semiconductor Manufacturing Company (TSMC) stands at the forefront of the semiconductor sector as the world’s largest independent semiconductor foundry. Renowned for its cutting-edge manufacturing prowess, TSMC plays a pivotal role in supplying critical components for diverse electronic devices, solidifying its position as a dominant force among the industry leaders by market capitalization.
9. Berkshire Hathaway
Current CEO: Warren Buffett
Year of Foundation: 1839
Country: USA
Berkshire Hathaway Inc. stands as a multifaceted investment firm, boasting ownership across numerous industries under the guidance of Warren Buffett, renowned globally for his investment acumen. The company’s extensive portfolio and robust leadership underpin its substantial market valuation.
10. Eli Lilly
Eli Lilly and Company, established in 1876 by Colonel Eli Lilly, is an American pharmaceutical firm based in Indianapolis, Indiana. With operations spanning 18 countries, its pharmaceuticals reach consumers in about 125 nations worldwide.
What is the 10 biggest company in the world?
1. Microsoft.
2. Apple.
3. NVIDIA.
4. Alphabet (Google)
6. Amazon.
7. Saudi Aramco.
8. Meta.
9. TSMC.
10. Eli Lilly
Who is the richest business owner?
Elon Musk. With a net worth of $ 269 billion, Elon Musk tops the list of richest entrepreneurs.
Who is the most powerful company?
Blackrock – the world’s largest asset manager, with US$9.46 trillion in assets under management and loans money to national central banks around the world, including close ties with the Federal Reserve System and a huge percentage of shares in Apple, Microsoft, Wells Fargo, JPMorgan Chase etc.
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