Top 10 most valuable companies in the world (2021), Saudi Aramco take lead

Here are the world’s top 10 most valuable companies in the world 2021. Number ten company on the list is ALIBABA INC.. The company is number 10 on the list. Founder of Alibaba group, Jac Ma has officially bowed out running of a company he built from scratch, and has gone into charity. Jac Ma announced about two years ago, he was going to resign.

Its Headquarters is located in China, Nanshan District Shenzhen. Alibaba group has grown to become one of the best ecommerce companies in the world emerging from Asia, China

Alibaba, founded fouth Apeil 1999 deals in cloud computing, buying and selling of products, also serves as a search system for consumers. It is worth $620billion

TENCENT is number 9 on the list also located in China. It’s was also founded in 1998. It is also an internet based company focused on social networking, web portals, mobile games, music, payment systems, smartphones and more. Tencent products are among the most successful brands in the world.q It is worth $738 billion

FACEBOOK, world’s biggest social media company comes eight on the list. Founder, Mark Zuckerberg is the world’s fourth richest person. Facebook, founded in February 2004 has over two billion visitors all over the world every day and numbers keep adding up every single day. The net worth of Facebook increased by 54% last year alone. It has a market value of $757billion. Indicators show Facebook earns not less than $22 billion net yearly due to online advertising. its headquarters is in the United States of America, in Menlo Park and it originated from the US, fully owned by American citizen.

TESLA is seven on list. Tesla is a electric car and giant battery company, arguably the world’s largest electric vehicle manufacturer. Tesla produces solar panels and giant cars batteries. Tesla was founded in 2003 by Mark Tarpenning and Martin Eberhard. Elon Musk later became the company’s main investor and chairman of the board of directors in 2004. Elon Musk is still the Chief executive officer of Tesla as we speak. Though he wasn’t one of the founding fathers, he contributed immensely to the company’s development and the global name it has now. Elon is currently the world’s richest worth over 200billion dollars. Tesla is also a US company based in California, Palo Alto. It is worth $834 billion

Six on the list is GOOGLE. Google now Alphabet was founded in 1998. The company officially changed its name from Google to Alphabet because the company was out of the scope of Google search engine years ago. Larry Page and Sergey Brin came together to create one of the world’s biggest internet companies and they’re currently heads of internet holding. Google has about 30 sub companies all under Alphabet. Popular video company, YouTube is among tall list of subsidiaries

DELTA ELECTRONICS is fifth on the list. Delta Electronics inc. specializes in the manufacturing of electronic products for companies. It also deals in construction automation systems and many more. The president of the company is currently Chang Tsai-Hsinh .The comp6is worth$1435 billion and it has its headquarters in Thailand.

AMAZON is forth on the list. Currently Amazon is worth $1596 billion. Amazon was founded in 1994 by Jeff Bezos who is currently the world’s 2nd richest man. Amazon is an American based retail company focused in the delivery of goods and services through the internet. The platform serves as a medium where both suppliers and buyers engage in transactions as well. Amazon currently employs over 647500 people and has more than $162billion.

MICROSOFT. Microsoft is also a tech company based in the US. And it is mainly into software development. Provides products such as Microsoft office, Microsoft windows, Xbox etc. The company was founded by Bill Gates in 1975 who is currently the world’s third billionaire. In fact Bill occupied the position as the first richest for years before his fortunes dropped with a slight margin lately, making him the third richest person. The secret of the company’s fortunes all started with Bill Gates who was the first software developer. He developed Microsoft windows operating systems which was the breakthrough for the tech firm. Because the product really solved problems of many across the world. It allowed users to master computer skills even in their homes, making life easy. Today, Microsoft is one of the leading brands in software development. It has dominated the PC software market for decades. It is worth $1653 billion. Bill is more the acting CEO of the company since he and his wife engeges6more in charity works globally. In fact they hold the biggest charity in the world. The couple on 3rd of May 2021 announced their divorce

APPLE. Apple is estimated at $2213 as we speak. It was established in 1976 by Ronald Wanyne Steve Wozniak and Steve Jobs. It is currently managed by Tim cook for. Apple was actually into producing proprietary models of personal computers until the company introduced its line of mobile phone, iPhone, ipad and watch and other products which saw public consumption. Apple is currently the world’s second most valuable company. It is also a US company in based in Cupertino California.

First on the list is Saudi Arabia’s oil company, Saudi Aramco. It is estimated at $2458 billion. The company officially published its financial statements in 2019, making its first initial public offer. Saudi Aramco IPO is considered one of the very best and most successful in history. The company’s value almost reached $1.9 trillion dollars after it first published its financial statement and got listed on the Tadawul stock exchange. It has branches all over the world. Eg. China, Japan, UAE, Britain, Russia and many more. Saudi Aramco is owned by Saudi Arabian government and has Mohammed Bin Salman in charge

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