Top 10 Largest Listed Companies in the World Reach $10.95 Trillion Market Value

Strategic Insights -

The global market capitalization of the ten largest listed companies has surpassed $10.95 trillion, with the top two positions shifting between Saudi Aramco and Apple due to the rise of technology firms during the COVID-19 pandemic. Despite the fluctuation, Saudi Aramco remains the largest company, with a market value of $1.91 trillion, while Apple ranks second with a value of $2.07 trillion. The list also features Amazon, Microsoft, Alphabet (Google), Facebook, Alibaba, Berkshire Hathaway, Visa, and Walmart, each with a significant market value.

Key Takeaways:

  • Saudi Aramco remains the largest listed company in the world, with a market value of $1.91 trillion, despite a 4% drop in oil prices during the previous session.
  • Apple has regained the second position with a market value of $2.07 trillion, affected by the sharp decline in technology shares after a significant rally since the COVID-19 outbreak.
  • The list is dominated by technology companies, with five of the top ten positions held by tech giants, including Apple, Microsoft, Alphabet (Google), Amazon, and Facebook.
  • Saudi Aramco is the largest oil company in the world, producing one out of every eight barrels globally, with a market value of $1.91 trillion.
  • Amazon, the third-largest company, has a market value of $1.65 trillion, making it the largest e-commerce and cloud computing site in the world.
  • Microsoft, the fourth-largest company, has a market value of $1.26 trillion, with a notable presence in the software industry through its Windows and Office products.
  • Alphabet (Google) ranks fifth with a market value of $1.08 trillion, as the parent company of Google, YouTube, Chrome, Android, and Gmail.
  • Facial recognition technology and artificial intelligence are the driving forces behind the success of leading companies in the technology sector.

Statistics:

  • The top 10 largest listed companies in the world have a combined market value of $10.95 trillion.
  • The market value of the top two companies, Saudi Aramco and Apple, accounts for approximately 34% of the total market value of the top 10 companies.
  • The technology sector dominates the list, with five companies ranked among the top 10, accounting for nearly $7 trillion in market value.
  • Alphabet (Google) has a market value of $1.08 trillion, which is approximately 10% of the total market value of the top 10 companies.

Sources:

  • Asharqia Chamber, "Official data shows that the market value of the ten largest listed companies around the world reached $10.95 trillion"
  • Al-Eqtisadiah newspaper, "The top of the list is between the two giants 'Saudi Aramco' and the iPhone manufacturer 'Apple'"