World’s Top 10 Richest Companies!
Top 10 Richest Companies List: A business is about starting with an idea and building revenue. It is all about manufacturing, buying, and selling. The key to a successful business is detailed market research on what you plan to build your business upon and run successfully. In today’s digital world, reaching out to customers through social media is more effortless, bringing in many other tangible/intangible opportunities. Following is a list of the world’s top 10 richest successfully running businesses at the time.
1) Saudi Aramco:
The company is officially called Saudi Arabian Oil Company, located in Dhahran, Saudi Arabia. It deals in petroleum and natural gas.
It is the largest and the only dominating company to produce liquefied natural gas.
The government of Saudi Arabia owns the company.
It was founded in 1993 and recorded the highest revenue of $329.8 billion in 2020.
2) Apple Inc.:
Apple is an American multinational
technology company founded by Steve Jobs, Steve Wozniak, and Ronald Wayne, on
April 1, 1976, in Los Altos, California, United States. The company is one of the biggest
tech companies in the premium league, with a revenue of $378.32 billion.
Apple Inc., one of the top five American electronic companies, ranks second on market capitalization charts.
They have lacs of offices, brand step-in-stores, and service centers worldwide.
3) Microsoft Inc.:
Microsoft is an American multinational tech company that is a software developer founded by Bill Gates and Paul Allen on April 4, 1975, in New Mexico, United States.
It mainly deals in developing software, manufacturing electronics, computers, licenses support, etc.
The company’s revenue recorded in March 2022 was $49.4 billion. And the net worth currently is $1811.87 billion.
Microsoft has a good reputation in the world of technology and is one of the oldest dominating companies that ruled the tech industry.
Amazon is an American multinational company founded by Jeff Bezos on July 5, 1994, in Seattle, United States.
The company focuses on e-commerce and digital streaming. It started as an online book store selling books for a long time until it started.
It became a one-stop shop for everything from food to electronics, cosmetics, handloom, kitchenware, and much more.
The company was said to be the most expensive in the world in 2019 and has been on a growth ever since.
Its estimated revenue by 2030 would be $700 billion.
Its current turnover reached $232 billion with a revenue of $386 billion.
5) Delta Electronics Inc.(Thailand):
Delta electronics designs and manufactures electronic and medical equipment, telecommunications power systems, and industrial automation.
The company was founded in April 1971 and is located in Phraeksa, Thailand.
Its latest revenue was $290 billion and is expected to grow by at least 10% from the past year as they aim to invest $20-$40 million globally to help increase production to get better revenues. Of that half, the fund is decided to go to Thailand.
6) Alphabet Inc.:
Alphabet Inc. is an American multinational tech holding company that started in California.
It was created as the parent company of Google and various other subsidiaries like Google Fiber, Waymo, Calico, etc., on October 2, 2015, for Google to function better and expand itself outside the Internet.
The company’s recent revenue was recorded to be $270.3 billion. It is estimated to be $357 billion, updated in 2022.
7) Tesla (Top 10 Richest Companies):
Tesla is an American company that deals in Automotive development and clean energy motors.
It was founded by Elon Musk in California, Unites States, on July 1, 2003.
The company concentrates on using natural resources to help develop the functionality of various motors and related products to transition the world into sustaining energy.
Tesla’s net worth is estimated to be $670.7 billion, updated in 2022.
It is now dominating the electric car industry in the United States by producing and selling over half a million cars.
Facebook is a social media platform that allows you to sign-up for free and build your profiles to connect with people at work or people you don’t know at all online by sharing pictures, videos, music, locations, statuses, articles, as well with however many people you have added to your friend list.
Mark Zuckerberg, along with his fellow University student, launched the idea of this social website on February 4, 2004.
The idea boomed in a short period, making Zuckerberg the world’s youngest billionaire.
The revenue it generates is approximately $28-$30 Billion recorded this year, making its total net worth $538 billion, updated in 2022.
Tencent is a Chinese multinational tech holding company Founded in the Cayman Islands on November 11, 1998.
It operates from the headquarters located in Shenzhen, China. It is an Internet-based portal to enhance the life of internet users.
It provides telecom, online advertisements, and mobile services.
The company was recorded to have RMB135.5 billion in revenue by March 2022, making it amongst the world’s ten wealthiest companies with a net worth of $589.8 billion.
10) Alibaba Group:
Alibaba is a Chinese Holding multinational technology company specializing in e-commerce, Internet, retail, and technology.
It was founded on April 4, 1999, in Hangzhou, China.
Behind this vast organization is a team of 18 friends who founded Alibaba.com as one of the largest retail e-commerce websites in 2020 during the pandemic.
The platform provides BtoB & BtoC services for bulk product orders only.
The revenue recorded for 2022 is $134.5 billion, and the company’s current net worth is estimated to be $267.5 billion, updated in the 2022 official year.
People also ask
Q: Which is the wealthiest company in 2020?
A: Apple Inc. continued to be the wealthiest in 2020.
Q: Which is the wealthiest company in 2022?
A: As of now, Apple continues to hold the position of the wealthiest company in the world, updated in April 2022.
Q: Which is the world’s number 1 company?
A: Saudi Aramco, an oil corporation company from Saudi Arabia, is on top.