Only 10 percent of the world’s population are truly rich. Meanwhile, 3 percent of the world’s population are astronomically wealthy. Businesses and investments are the main medium that could lead people to amass that big amount of wealth.
Here is the latest list of the biggest companies in the world by market capitalization:
1. Exxon Mobil ($385.65 billion)
This is a giant multinational gas and oil company based on Irving, Texas, United States. The company recently named two new senior vice presidents last Friday, who are Jack P. Williams, 50, and Darren W. Woods, 49.
2. Apple ($378.25 billion)
Apple’s market capital dropped significantly from $656 billion from the last six months to today’s $378.25 billion. The company recently bought Beats Electronics for $3 billion, in an attempt to regain the music download throne.
3. Google ($259.13 billion)
The main source of Google’s profits come from AdWords. Google is a giant multinational company that provides Internet related products and services, such as search engines, software, cloud computing, and online advertising.
4. Wal-Mart ($258.49 billion)
This is a multinational retail corporation that has countless of big discount department chains.
5. Microsoft ($241.45 billion)
This mammoth tech corporation focuses on developing, manufacturing, selling, licensing, and supporting computer software, computers, electronics and other technology services.
6. General Electric ($236.04 billion)
This company is one of the leaders in the businesses of technology, infrastructure, consumer and industrial and capital finance.
7. Johnson & Johnson ($234.67 billion)
Founded in 1886, this company is a leader in the medical and pharmaceutical industries.
8. IBM ($233.68 billion)
The International Business Machines corporation is one of the biggest technology and consulting corporations in the world. Forces recently published a report about IBM’s former CEO San Palmisano talking about how he was able to make the company’s share price soar. Meanwhile, Bloomberg Businessweek published a report about how Palmisano’s successor CEO, Ginni Rometty brings unsustainable policies to the company.
9. Chevron ($223.04 billion)
This multinational energy corporation is present in over 180 countries.
10. Pfizer ($221.82 billion)
This is another giant pharmaceutical corporation based in New York City.
Some of the other notable giant companies based on market capitalization include Britain’s Shell with a market cap of $205.8 billion, while London’s HSBC has $189.91 billion market capitalization. In Asia, the biggest company is Samsung with a market capitalization of $199.18 billion. In Japan, Toyota has $196.45 billion market capitalization.
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