Top 10 Largest Companies in the world by market cap in 2024
As the global economy continues to evolve, the market capitalization of companies becomes a key indicator of their size and influence. Market capitalization, or market cap, is the total value of a company’s outstanding shares of stock. In this blog post, we will explore the top 10 largest companies in the world by market cap in 2024.
Top 10 Companies by Market Cap in 2024
Here, we will provide a list of the top 10 companies by market capitalization in 2024
Company | Sector | Market Cap (in USD) |
---|---|---|
1. Microsoft | Technology | $3.1 trillion |
2. Apple | Technology | $2.68 trillion |
3. Nvidia | Technology | $2.21 trillion |
4. Saudi Aramco | Oil & Gas | $2.01 trillion |
5. Alphabet (Google) | Technology | $1.84 trillion |
6. Amazon | E-Commerce | $1.81 trillion |
7. Meta Platform | Social Media | $1.26 trillion |
8. Berkshire Hathaway | Diversified Investment | $883.7 billion |
9. Eli Lilly | Pharmaceuticals | $724.6 billion |
10. TSMC | Semiconductors | $708.75 billion |
Now, we will take a closer look at all the top 10 companies:
Microsoft
Microsoft, founded in 1975 by Bill Gates and Paul Allen, has played a significant role in shaping the modern technology landscape. Satya Nadella currently serves as the CEO of Microsoft, leading the company’s mission to empower every person and organization on the planet to achieve more.
Apple
Apple, founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, has become synonymous with innovation and design. Tim Cook took over as CEO in 2011, following the passing of Steve Jobs. Under Cook’s leadership, Apple has continued to thrive and introduce groundbreaking products.
NVIDIA
NVIDIA, founded in 1993 by Jensen Huang, Chris Malachowsky, and Curtis Priem, is a leading technology company known for its graphics processing units (GPUs). Jensen Huang serves as the CEO of NVIDIA, driving the company’s advancements in artificial intelligence, gaming, and autonomous vehicles.
Saudi Aramco
Saudi Aramco, officially known as the Saudi Arabian Oil Company, was founded in 1933. While it doesn’t have a CEO in the traditional sense, Amin H. Nasser serves as the President and CEO of Saudi Aramco, overseeing the world’s largest oil company.
Alphabet (Google)
Alphabet, the parent company of Google, was founded in 2015 by Larry Page and Sergey Brin. Although Larry Page stepped down as the CEO of Alphabet in 2019, he remains involved as a co-founder. Sundar Pichai took over as the CEO of Google and Alphabet, leading the company’s continued innovation and expansion.
Amazon
Amazon, founded by Jeff Bezos in 1994, started as an online marketplace for books and has since evolved into a global e-commerce and technology powerhouse. Andy Jassy succeeded Jeff Bezos as the CEO of Amazon in 2021, continuing the company’s focus on customer-centricity and innovation.
Meta Platforms
Meta Platforms, formerly known as Facebook, was founded by Mark Zuckerberg, along with his college roommates, in 2004. Mark Zuckerberg currently serves as the CEO of Meta Platforms, leading the company’s efforts to connect people and build communities through its various platforms.
Berkshire Hathaway
Berkshire Hathaway, a multinational conglomerate, was founded in 1839, making it one of the oldest companies on our list. Warren Buffett has been the CEO of Berkshire Hathaway since 1970, guiding the company’s diverse portfolio of investments and businesses.
Eli Lilly
Eli Lilly and Company, a pharmaceutical company, was founded in 1876 by Colonel Eli Lilly. David A. Ricks is the current CEO of Eli Lilly, leading the company’s mission to create medicines that improve lives and address unmet medical needs.
TSMC
Taiwan Semiconductor Manufacturing Company (TSMC) was founded in 1987. As a leading semiconductor manufacturer, TSMC plays a crucial role in the global technology industry. C.C. Wei currently serves as the CEO of TSMC, overseeing the company’s production of advanced chips for various applications.
Imp Note – Please take into account that the information provided above is sourced from https://www.forbesindia.com/article/explainers/top-10-largest-companies-world-market-cap/86341/1. We do not assert ownership of any data.