[New] RICHEST COMPANIES IN THE WORLD BY MARKET CAP 2022

The richest companies in the world are termed as richest because of their profitability & market capitalization, which is mostly referred to as market cap in stock market terminology. Finance experts & analysts use different metrics & measurements to evaluate & calculate the richness of a company. However, one such evaluation is based on market capitalization, also known in short as market cap. The richest companies are the most famous ones, whether or not it is guaranteed. However, the richest ones tend to be the most famous brands as their brand performance in the market is par with any other company. Ironically, Bill Gates has consistently been the richest man in the world for some years, and so has his company Microsoft, which is a huge credit for market capitalization.

The reliance on big companies is the profitability margins & hence everything connects ideally well with each other like a spider's web. As they say, London & New York are the most highly-ranked cities in the world, as they are Alpha ++ in terms of the global city ranking parameters. The criteria are simple, how well these cities connect with the outside world in terms of finance, trade, e-commerce, stock exchange & others. Similarly, the determining factor of the richness of the companies is not only their global presence but how well they have been performing consistently in terms of the profitability margins & the market capitalization, i.e. on the stock market. Let it be LSE, i.e. the London Stock Exchange, or NYSE, i.e. New York Stock Exchange.

Here are the Top Five richest companies in the world;

APPLE INC. – 2.294 Trillion USD:

The industry that Apple Inc., the famous brand from the United States, operates in is Electronics and IT or Information Technology. The company was founded by Steve Jobs, who died in 2011. Its famous products include mobiles, iPods, Personal Computers, and tablets known as Apple Tablets. According to the most recent stats, Apple Inc. is a Cupertino-based American tech company and is the most valuable company in the world. It is the most successful brand, with a revenue of $275 billion US Dollars as of 2021. The company was founded in 1976 by Steve Wozniak, Ronald Wayne and Steve Jobs. The latter being the most famous & prominent of the owners of the company.

According to the statistics, it is the first publicly traded company in the world to achieve a 2 Trillion market cap in 2020. The company has nearly 517 retail stores all over the globe and employs approximately 147,000 employees.

Saudi Aramco- 2.206 Trillion USD

The company is a Saudi-based company that deals in oil & gas production & refining. The major products include Crude oil, Natural Gas and petrochemical derivatives. Saudi Aramco (Saudi Arabian Oil Company) is the world's second-largest company, with a market capitalization of 2.206 Trillion Dollars. The company's ownership is the Saudi Govt. It is the world's second-largest company, with approximately 270 billion crude oil reserves.

Saudi Arabia is the largest Arabic nation & the largest in the Middle East, as well as part of the organization of Petroleum Exporting, also known as OPEC. This org. Also includes 12 other countries that contribute to 44% of global oil production.

The company is a Multinational, just like Apple Inc. and is also based in Durban, South Africa. It has subsidiaries in China, Japan, and Russia, UAE, USA, Great Britain and many other countries. The company employs around 67,000 people worldwide, and the Govt. of Saudi Arabia holds the major stake, i.e. almost 99%.

Microsoft- 1.979 Trillion USD:

The company Microsoft is an American-based Multinational company which Bill Gates founded. The entrepreneur has consistently been the richest man in the world and owner of one of the world's biggest charity companies, the Bill & Melinda Gates Foundation. The company operates in the industry called Software Development, Information Technology, and Consumer electronics. The famous products include

Windows Operating System, Microsoft Office, Xbox and Search Engine.

It's the third largest company in the world, with a Market cap of $1.979 Trillion. The company was founded by owner and entrepreneur Bill Gates and Paul Allen in 1975 and became the market leader in the personal computer software market.

The headquarters are obviously in Redmond, Washington, and the company achieved a revenue of $143 Billion and has the most employees on the list, i.e. 167,000 people almost on its payroll.

Alphabet – 1.524 Trillion USD:

The industry in which the global company Alphabet deals is Internet and Software Services. The key & most vital products include operating systems, search engines, and the mobile phone.

It's an American company, and the parent company of Alphabet is the famous & most prominent search engine Google LLC and several other subsidiary companies. It's the fourth largest company in the world, with a market capitalization of $1.524 Trillion. Larry Page and Sergey Brin 1998 founded the company. Both of them formed the company during their degree, i.e. while studying at Stanford University.

Amazon- 1.158 Trillion USD:

The name Amazon is adopted from South America's famous Amazon river & Amazon forests. The company is a global MNC, and it is an e-commerce company. Other industries of operations include retail business & AI or Artificial Intelligence. Famous and sound products include the Kindle, Software, Fire TV & Echo.

It is the fifth largest company in the world, with a market cap of $1.158 Trillion. The company's owner is Jeff Bezos, who is currently in the list of the world's richest man. He founded the company Amazon in his garage in the year 1994. The company is a famous brand for online shopping & it is very commonly used in the United States and Europe, especially in the UK.