Taking a break from all the traveling and movies, we are going to talk about money. Following is the list of ten of the most important and influential companies in the world in 2021.
The companies are ranked based on their net worth, and I am sure you have heard of every one of these companies. Most of these companies are not very old, and considering that they have made it this big is simply amazing.
|S.N.||Company||Sector||Market Valuation (‘billion $’)|
|1||Amazon Inc.||Internet retail||802.18|
|4||Apple Inc.||Electronics, Information technology||720.12|
|9||Johnson & Johnson||Pharmaceuticals||347.99|
|10||JP Morgan Chase||Banking||332.24|
These are some big companies, and they mean serious business. You get a job in one of these, and you are golden.
Table of Contents
- 10 JPMorgan Chase ($332.24 bln.)
- #9 Johnson & Johnson ($347.99 bln.)
- #8 Alibaba Group ($392.25 bln.)
- #7 Tencent ($400.90 bln.)
- #6 Facebook ($413.25 bln)
- #5 Berkshire Hathaway Inc. ($482.36 bln.)
- #4 Apple inc. ($720.12 bln.)
- #3 Alphabet Inc. – Google ($737.37 bln.)
- #2 Microsoft ($789.25 bln.)
- #1 Amazon Inc. ($802.18 bln.)
- Market capitalization as a method of valuing a company
10 JPMorgan Chase ($332.24 bln.)
Industry: banking business.
JPMorgan Chase is a commercial bank that is the largest commercial bank in the USA and the 6th largest one in terms of total assets globally.
What was once Chemical Bank forms the core of today’s JPMorgan Chase. JPMorgan Chase retains Chemical Bank’s pre-1996 stock price history, as well as its old headquarters.
The brand J.P. Morgan, historically known as “Morgan,” offers investment and banking services and private banking services, manages assets and private wealth.
JPMorgan Chase is headquartered at 270 Park Avenue, Manhattan, New York, USA.
#9 Johnson & Johnson ($347.99 bln.)
Products: producing drugs and medical equipment.
Johnson & Johnson is an American multinational company producing medical devices, pharmaceuticals, and consumer products. The company was formed by three brothers – Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson – in 1886. Originally, the brothers produced bandages and plasters. Later, in 1893, they produced baby powder as well.
About 250 affiliate companies located in 60 countries and selling to more than 175 countries are part of the corporation.
The company is headquartered in New Brunswick, New Jersey, USA.
#8 Alibaba Group ($392.25 bln.)
Products: E-commerce, online auction hosting, online money transfers, mobile commerce.
The Alibaba company is one of the largest virtual trading platforms in China and the world, attracting the attention of buyers both by affordable prices and by a wide range of goods presented.
Founded on April 4, 1999, by Jack Ma, the company provides consumer, business-consumer, and business services through web portals and electronic payment services, a search system for customers, and cloud computing.
The headquarters is located in Hangzhou, China.
#7 Tencent ($400.90 bln.)
Products: Social networking, instant messaging, mass media, web portals, etc.
Tencent is a venture company, a conglomerate, an investment holding, and one of the largest companies in the gaming industry.
This Chinese multinational investment holding, founded in 1998, today occupies the 7th position in ranking the most expensive companies worldwide.
Its many services include social networks, mobile games, music, web portals, payment systems, e-commerce, Internet services, smartphones, and multiplayer online games, which are among the largest and most successful in the world in their respective categories.
The headquarters of Tencent Seafront Towers (also known as Tencent Binhai Mansion) is located in Nanshan District, Shenzhen.
#6 Facebook ($413.25 bln)
Facebook was developed by Mark Zuckerberg in February 2004. The Facebook social network is currently visited by more than 1.86 billion people every day. The market value of $413.25 billion is simply an astronomical indicator of popularity for an Internet project.
Today, Facebook yields more than $8 billion net yearly profit due to online advertising. Moreover, the company is a leader in this TOP 10 list of profitability since its net profit increased by 54% within the past year alone.
Facebook is headquartered in Menlo Park, California, USA.
#5 Berkshire Hathaway Inc. ($482.36 bln.)
Industry: insurance, finances, railway transport, utilities, food, and non-food products.
The company is known for its permanent owner, an American investor, and an entrepreneur: Warren Buffett.
The company is headquartered in Omaha, Nebraska, USA.
Its share price of $293,750 makes it the world’s most expensive stock.
#4 Apple inc. ($720.12 bln.)
The net worth of Apple is $$720.12 Billion. You probably don’t need any introduction to this particular company. They took over the world starting in 2007. It is an American multinational corporation, and they are in the consumer electronics industry.
They are now best known for the ‘i’ products such as iPhone, iPod, and iPad. Considering the market capitalization, this is the largest publicly traded company in the world. The company was established on the 1st of April, 1976. If you think they started as an April Fool joke, think again. Who’s laughing now? 🙂
#3 Alphabet Inc. – Google ($737.37 bln.)
The net worth of Google is $737.37 bln. Google, which is owned by its parent company Alphabet, is a company that does not need any introduction at all. I can bet that any person who uses the internet opens this website at least once per day.
Google was founded by Larry Page and Sergey Brin. It was founded in the year 1998 on the 4th of September. They are even more famous now because of their interest in mobile technologies. I am sure that you are familiar with their mobile operating system that goes by Android. They are the prime competitor of iOS, that is, Apple.
#2 Microsoft ($789.25 bln.)
Industry: software development.
Products: Microsoft Office, Microsoft Windows, Xbox.
Microsoft is the second-largest company in the world by market capitalization.
The internationally famous corporation was founded in 1975 by Bill Gates, who is one of the richest men in the world by now.
At that time, Microsoft was the first software developer who suggested using packaged software for home computers to make the PC experience user-friendly and intuitive.
The Microsoft disk operating system (MS-DOS) software was a real breakthrough since it easily enabled ordinary users to master PC skills. The system brought the company incredible success and huge profits.
Today, Microsoft is one of the leading companies in the PC software market; it releases new-generation Windows operating systems, applications to work with documents called Microsoft Office, and several other software programs. Besides, Microsoft produces its own mobile devices and accessories, video, audio, and office equipment.
The company is headquartered in Redmond, Washington, USA.
#1 Amazon Inc. ($802.18 bln.)
Industry: Retail business.
On January 7, 2019, Amazon, for the first time, became the most expensive company in the world, overtaking its competitor – Microsoft.
Amazon is an American retail company that sells and delivers various goods over the internet.
Internet users, suppliers, and producers can sell any goods on their own by using Amazon’s website as an online venue.
The company’s major business line is selling various goods and services. The popularity of service soared thanks to high-quality goods, low prices, prompt delivery, and a wide assortment of various goods.
The company was established in 1994 by Jeff Bezos. Amazon is headquartered in Seattle, WA, USA.
Market capitalization as a method of valuing a company
Market capitalization, along with annual income and total assets, is one of the methods for evaluating the investment attractiveness of a company.
Using market capitalization to show the size of a company is important because the size of a company is the main factor determining the various characteristics investors are interested in, including risks.
Seeing the product of the number of shares by their value, the market capitalization is not the price the owner will necessarily sell his company.
Even though companies are overvalued by the market or, on the contrary, are undervalued, to get the real value of a company, it is necessary to consider its activity from a fundamental point of view.