In terms of market capitalization, Saudi Aramco ranked the Richest Brands in the World at 7.056 trillion U.S. dollars. Microsoft, Apple, Amazon, and Google’s parent company Alphabet rounded out the top five. Saudi Aramco topped the list of the world’s most profitable companies.
What is the difference between market value and market capitalization?
The terms market value and market capitalization are often used – and confused – when discussing the profitability and viability of companies. Generally, market capitalization (or market cap) is determined by the value of all the shares in a company. This is often used in valuing companies for trading.
In contrast, market value refers to what a company is worth in a much broader context. Several factors determine profitability, including corporate debt and the market environment as a whole. Thus, it aims to estimate the overall value of a company, with share price only one part of the equation. A company’s market value can therefore be used to determine whether its shares are overvalued or undervalued, and to arrive at a sale price if the company is to be sold. Evaluations of this type are generally made on a case-by-case basis and are not routinely reported. This is why market capitalization is often referred to as market value.
Today’s article is about the top 10 of the most Richest Brands in the World.
Ratings are based on market capitalization.
1. Saudi Aramco
Production and refining of oil and gas.
Among the products are oil, natural gas, and petrochemical products.
Following the successful listing of shares, Saudi Aramco (Saudi Arabian Oil Company) became one of the richest brands in the world. The company has also published its financial statements. The company’s value almost reached 1.9 trillion dollars shortly after it was listed on the Tadawul stock exchange.
Additionally, the oil giant exceeded all expectations with its IPO: it was hailed as one of the most successful in history.
2. Apple inc.
Electronics and information technology industries.
Computers and tablets, mobile phones, audio players
Apple was the world’s most valuable company for a long time. Due to the disappointing iPhone sales, the iPhone lost its primacy. Despite this, the company is now also regaining its position. Apple is the second-largest company in terms of market capitalization today. At the same time, the company continues to occupy the top spot on the list of most expensive brands.
3. Microsoft
Software development is an industry.
Office, Windows, and Xbox are Microsoft products.
Microsoft is the third most valuable company in the world. Bill Gates founded the corporation in 1975, and he is now one of the wealthiest men in the world. As a software developer for home computers, Microsoft was the first to suggest packaged software, which would make the PC experience much more efficient and intuitive.
As of today, Microsoft is also a leading company in the PC software market. The company releases new versions of the Windows operating system, Microsoft Office, and many other software programs. In addition, Microsoft produces its own mobile devices and accessories, video, audio, and office equipment.
4. Amazon Inc.
Industry: Retail business
Currently, it ranks fourth on the list of the most valuable companies. Located in the United States, Amazon sells a variety of products online. With Amazon’s online marketplace, consumers, suppliers, and producers can sell any goods on their own.
Selling various products is the company’s main business line. Moreover, the popularity of service rose due to high-quality goods, low prices, prompt delivery, and a wide range of products.
5. Delta Electronics (Thailand)
Industry: Electronics and automation.
A subsidiary of Delta Electronics Inc. is Delta Electronics (Thailand) Public Company Limited. The company manufactures various power supplies and industrial products that include electronic products. In addition to construction automation systems, the company manufactures infrastructure for alternative energy and electric transport.
Founded in 1971, the parent company has a regional office in Thailand. The subsidiary aims to become the Richest brands in the World now, based on market capitalization.
6. Alphabet Inc.
Industry: Internet.
It is no secret that Google, the internationally renowned Internet company, recently changed its name to Alphabet. This is because it was out of the scope of the Google search engine long ago, and now owns many other companies as well. Larry Page and Sergey Brin founded the Internet holding in 1998.
The holding includes 30 popular services and sub-companies, including AdWords, Android, and YouTube.
7. Tesla, Inc.
Industry: Automotive and solar energy.
Tesla is the world’s largest electric vehicle manufacturer, along with producing solar panels and batteries. Zero Emission Transport Association (ZETA), which also aims to transition all US vehicles to all-electric power trains, formed by Tesla and 27 other US companies at the end of 2020. In addition to sedans, crossovers, and roadsters, the company produces large trucks.
Since Elon Musk became the chairman of the board of directors and Tesla’s chief investor in 2004, and Martin Eberhard and Mark Tarpenning founded the company in 2003. Musk did not start the company, but he helped it achieve worldwide fame and success.
8. Facebook
Industry: Internet.
Facebook, a social network created by Mark Zuckerberg in February 2004, now visited by more than 2 billion people daily. An Internet project’s market value of $757 billion is an astronomical indicator of popularity.
Due to online advertising, Facebook generates a profit of more than $22 billion a year. Additionally, the company positioned at the top of this list in terms of profitability, as its net profit increased by 54% within the past year alone.
9. Tencent
Industry: Internet.
Product categories: Social networking, instant messaging, mass media, web portals, etc.
Tencent is a gaming company, an investment holding, a conglomerate, and a venture company. In the ranking of the most expensive companies in the world, this Chinese giant occupies the 9th spot.
In addition to social networks, mobile games, music, web portals, payment systems, e-commerce, Internet services, smartphones, and multiplayer online games, it has some of the largest and most successful businesses in its respective categories around the world.
10. Alibaba Group
Industry: Internet.
Providing e-commerce, auction hosting, money transfers online, and mobile commerce.
Alibaba is one of the biggest virtual trading platforms both in China and around the world, attracting buyers with affordable prices and a wide range of goods. Founded in 1999, the company provides consumer, business-to-business, and business services through web portals, as well as electronic payments, a search system for clients, and cloud computing.
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