Over the years, various companies have managed to revolutionise the perception and thinking of a man. Their radical thinking which used to be frowned upon in the beginning has now made them so successful that it impossible to believe achieving something this monumental is possible even in a lifetime.
Their perseverance towards their goal paid off and now many of these companies stand atop everyone else. These companies have impacted lives in such way that it is impossible to even fathom a life without their contributions. Following are the companies whose marketing capital is the largest in the whole world.
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Here are the Top 10 Largest Companies in The World By Market Cap in 2017-2018
Tencent is a Chinese company which was founded 18 years ago on November 11, 1998. It is a multinational company with headquarters in Nanshan District, Shenzen. Tencent is among the world’s best companies on many fronts such as it is one of the biggest Internet companies, it is dubbed as one of the world’s most innovative companies, its music service in China is the world’s largest and most profitable. It provides products for various services such as social network, multiplayer online games, smartphones, web portals, e-commerce etc. Many of its products are really innovative and very successful. WeChat, Tencent QQ, Tencent Music are some of its top products which are famous worldwide. Tencent has a market cap of $272 billion.
9. Wells Fargo
Wells Fargo is a public company with its focus on Banking and Financial Services industry. The company was established more than 150 years ago in 1852 at New York City, New York. Its headquarters is currently situated in San Francisco, California. Wells Fargo is a renowned bank and by market capitalisation, it is the 2nd largest bank and by assets, it is the 3rd largest bank in the United States of America. Though its position has been changing in recent years, it attained the 1st rank by market capitalisation in 2015 but it came to 2nd position 2016.Wells Fargo came in its current form with the merger of Wells Fargo & Co and Norwest Corporation. Its market cap is $279 billion.
8. JPMorgan Chase
JPMorgan Chase is one of the Big Four banks of the US. It is a multinational bank which was founded on December 1 in 2000. The American bank provides banking and financial services. Its headquarters is in New York City, New York. JPMorgan Chase was created in 2000 after the merger of Chase Manhattan Corporation and JP Morgan & Co. It was ranked number 1 in the largest banks in the United States and 6th largest by assets. Its market capital in 2017 is $314 billion.
7. Johnson & Johnson
Johnson & Johnson was founded in the month of January in 1886 at New Brunswick, New Jersey. It is a multinational company which specialises in medical devices, customer packaged goods, and pharmaceuticals manufacturing. The fortune 500 company has 250 subsidiaries and operates in more than 50 countries with their products sold in another 175 countries. Its success has made it a household brand and many of its products are renowned for their effectiveness like Band-Aid, Tylenol, Clean & Clear face wash and Johnson’s baby products are among the most preferred products used for baby care.
6. Berkshire Hathaway
Berkshire Hathaway is a multinational conglomerate holding company. It was founded more than 150 years ago in 1849 at Cumberland, Rhode Island in the USA. The company is most famously known for Warren Buffett who is the company’s chairman, President & the CEO even though it was founded by Oliver Chace. The American company fully owns GEICO, Lubrizol, BNSG Railway, Dairy Queen, Fruit of the Loom, Helzberg Diamonds, Long & Foster, Pampered Chefs, and NetJets and various holdings in Pilot Flying J, American Express, The Coca-Cola Company, Wells Fargo, IBM, and Apple. The company’s market cap is $411 bn.
Facebook is an American online social media and social networking service company. It was founded just 13 years ago in 2004 by Harvard students Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes. The Facebook website is available worldwide to anyone with an internet connection with the exception of the countries blocking it. Its headquarters is in Menlo Park, California. Facebook is the largest social media website and has other subsidiaries which are also very popular among the masses. Instagram, Messenger, Whatsapp, and Oculus VR are also its annexes. Facebook has a market cap of $411 billion.
Amazon is an e-commerce and cloud computing American company. It was founded by Jeff Bezos on July 5, 1994. Its headquarters is in Seattle, Washington, US. The company has many top-tier products such as Amazon Echo, Amazon Appstore, Amazon Kindle, Amazon video, Amazon Web Services and ComiXology. According to market capitalisation and total sales, it is the biggest Internet-based seller in the world. It has numerous subsidiaries each famous on their own. The subsidiaries are Junglee.com, Twitch.tv, Whole Foods Market, Zappos, Amazon Studios, Book Depository, Amazon Game Studios, Amazon Books, Goodreads, and Internet Movie Database. Aside from being the e-commerce giant is also the largest provider of cloud infrastructure in the world. It has even eclipsed Walmart as being the most valuable retailer in market capitalisation.
Microsoft is a multinational tech giant which was founded by Paul Allen and Bill Gates. It was established in in 1975 at Albuquerque, New Mexico and has headquarters in Redmond, Washington. The American company is most famous for its software such as Microsoft Windows, Microsoft Office Suite, Internet Explorer, Edge Web Browsers and has hardware products too such as the famous Xbox video game console and the Microsoft Surface tablet. It is the world’s biggest software maker and is one the world’s most valuable companies. Its current CEO is Satya Nadella and its market capital is $509 billion.
Alphabet formerly known as Google but changed its name due to corporate restructuring is a multination conglomerate. Google was founded in 1998 at Menlo Park, California. Its founders Larry Page and Sergey Brin took control of Google’s parent company Alphabet following its restructuring and Sundar Pichai became the CEO of Google. The American company has headquarters in Googleplex, Mountain View, California, US. The tech giant focuses on many industries such as technology, research, life sciences and investment capital. Its biggest subsidiary Google is the biggest search engine on internet is the most valuable website on the internet. The market capital of Alphabet in 2017 is $579 billion.
Apple is a multinational tech company which was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976. The American company was initially known as Apple Computer Company for 1 year then its name was changed to Apple Computer Inc. and is now simply called Apple. It is famous for revolutionising smartphones and ushering in an era of tech devices which are slimmer, lighter and better. Apple’s products include iPhone, iPad, iPod, Mac, Apple Watch, Apple TV. Apple’s CEO is Tim Cook and its headquarters is in Cupertino, California. The biggest company in the world according to market cap is worth $754 billion.
These companies have single-handedly revolutionised the market and are the sole reason of the way lives are continuing. These companies employee lakhs of students and consist of many of the top talents in the world.