World's most valuable companies

World's most valuable companies

A lot of business start-ups have been around over the years, but there are a few that have stood out as being worth millions. Here are the Worlds most valuable companies; they've been helping people improve their lives and making them even wealthier through quality products and services.

1. Saudi Aramco

Saudi Aramco is the world's most valuable company. The Saudi Arabian national oil company has more than $1 trillion in assets and a market value of more than $2 trillion.

The company was founded in 1933 by King Abdulaziz Ibn Saud, who ruled from Riyadh until his death in 1953. Since then, it has been controlled by royal family members.

In 2002, Aramco merged with Falcom, a subsidiary of Saudi Basic Industries Corporation (SABIC), to form SABA Group, which accounted for about 90% of all oil and gas exploration activities in Saudi Arabia at that time. The rest was handled by state-owned Petrominerales, which had been created in 1975 as part of an industrialization drive to diversify the country's economy away from petroleum production.


2. Apple

Apple is the most valuable company in the world, and it’s not particularly close. Its market valuation is $868 billion, which means that Apple has a larger market cap than any other company in the world except for Apple and Amazon.

Apple’s stock price reached an all-time high of $207 per share on Monday, passing $200 for the first time ever. The company has been trading at record levels for years now, and its current valuation reflects that.

The pair created the first personal computer with a mouse and a graphical user interface (GUI). In 1980 they launched their first product — the Apple II personal computer — which was followed by several successful products over the next two decades.

The company’s sales have grown exponentially over the past few years while its earnings have been growing at an even faster rate thanks to some big acquisitions like Beats Electronics and Spotify.

3. Microsoft

Microsoft is the world's largest software company and has a market capitalization of $717 billion. Microsoft was founded in 1975 by Bill Gates and Paul Allen, and it went public in 1986. The company's name comes from Microsoft's core product, Microsoft Windows.

Microsoft operates in four segments: Personal Systems, Gaming & Entertainment, Communications, and Other Bets. The Personal Systems segment sells computers, tablets, phones and other devices running on Windows. In this segment, Microsoft competes with Apple Inc., Samsung Electronics Co., Huawei Technologies Co., Lenovo Group Ltd., LG Electronics Inc., Google LLC (Android), Amazon.com Inc., Alphabet Inc. (Google), Adobe Systems (Flash Player), Adobe Systems (Adobe Creative Cloud) and Oracle Corporation (Java).

The Gaming & Entertainment segment includes Xbox Live products and services; Xbox consoles; the Xbox 360 gaming console; Xbox One; digital content such as games and movies; and Xbox Live Gold subscriptions sold through retailers or at retail stores in conjunction with the sale of an Xbox One console or an Xbox Live subscription

4. Amazon

Amazon is the worlds most valuable company, with a market capitalization of $682 billion. The company operates retail websites for consumer products in Europe, the United States and Japan. It has also expanded into other areas like streaming video, cloud computing, and artificial intelligence.

Amazon is an American e-commerce and cloud computing company that was founded by Jeff Bezos on July 5, 1994. The company's market value has grown from $2.5 billion to $681 billion since its inception to date.

Amazon is now the world's third most valuable firm after Apple and Alphabet Inc., but it could soon overtake Facebook as well.Amazon currently holds a market valuation of almost $800 billion - more than any other firm in history - making it one of the largest companies in the world.