We live in a huge world that is highly influenced by huge companies. There are companies that are investing millions into their advertising efforts, and paying 6-figure salaries to their top employees. Now, if they can afford that, you have to ask yourself, how much money do these companies make? How valuable are they?
Top 10 Most Valuable Companies in the World in 2023
And that’s exactly what I will reveal to you today.
Without further ado, here are the top 10 most valuable companies in 2023, ranked by their estimated brand value.
10. NVIDIA – 596.8 Billion
NVIDIA is a California-based company that specializes in artificial intelligence hardware and software. Some of their products include graphic processing units (GPUs), central processing units (CPU), data processing units, tablet computers, laptops, chipsets, and drivers.
As of 2023, the company has over 22,400 employees across 57 locations, which is almost a 20% increase from 2021.
9. Taiwan Semiconductor – 627.55 Billion
Taiwan Semiconductor Manufacturing Company (TSMC) is a multinational company that—as their name implies—specializes in semiconductors. Founded in 1987, they sell central processing units, graphic processing units, microprocessors, motherboards, and more.
As of 2020, they have over 56,000 employees. This number will be going up, however, for they recently announced that they’ll be hiring more than 8,000 engineers in 2022.
8. Meta Platforms (Formerly Facebook, Inc.) – 627.69 Billion
Meta Platforms is the parent company of Facebook, WhatsApp, Instagram, Oculus, Giphy, and more. Founded in 2004, they recently rebranded themselves as “Meta” after changing their name to the metaverse in 2021.
As of 2023, the company has over 77,800 employees, which is a significant increase from the past year. Their stocks, however, have been going down due to weaker-than-expected revenue growth over the past several months. However, that doesn’t change the fact that they’re still one of the most valuable companies in the world.
7. Berkshire Hathaway – 713.46 Billion
Berkshire Hathaway is a conglomerate holding company that’s based in Omaha, Nebraska. They own several companies including Dairy Queen, Helzberg Diamonds, GEICO, Fruit of the Loom, Shaw Industries, and BNSF Railway, among many others. At one point, they also acquired large holdings of American Airlines, United Airlines, and other US airlines, however, they were sold in the wake of the COVID-19 pandemic.
As of December 2023, they closed at over $500,000 a share.
6. Tesla – 872.9 Billion
Tesla is the largest electric vehicle manufacturer in the world. In 2021 alone, they sold more than 936,000 cars, which is almost a 90% increase from 2020. Aside from vehicles, they also make solar roof tiles, solar panels, and batteries, all of which provide sustainable energy.
As of 2023, there are over 655 retail stores and service centers around the world, many of which are in the United States.
5. Amazon – 1.56 Trillion
Amazon was founded by Jeff Bezos in 1994. The company started out as an online marketplace that sold books but has since expanded to sell almost everything else from video games to apparel.
In 2021, they made over $469 billion, making them the largest Internet company by revenue in the world. As of 2023, Amazon operates in over a dozen different countries including the United States, Canada, Australia, the United Kingdom, France, Germany, Japan, and Ireland.
4. Alphabet Inc. – 1.773 Trillion
Alphabet is a conglomerate holding company based in Mountain View, California. They’re also the parent company of Google, and many other subsidiaries including Fitbit, Nest, Looker, Waze, YouTube, DoubleClick, and Mandiant.
Not only that, but they have a market share of 91.9% in the search engine segment worldwide.
As of 2023, the company is headed by Sundar Pichar, who is the CEO of both Alphabet and Google.
3. Saudi Aramco – 1.987 Trillion
Saudi Aramco aka the Saudi Arabian Oil Company is a natural gas company that’s based in Dhahran, Saudi Arabia. Owned by the Saudi government, they have the second-largest proven crude oil reserves in the world (over 270 billion barrels).
As of 2023, they have over 66,800 employees worldwide. Not only that, but they also have subsidiaries in the US, Russia, Japan, China, Great Britain, and several other countries. However, 98.5% of the company’s stake is held by the local government.
2. Microsoft – 2.211 Trillion
Microsoft is one of the largest technology corporations in the world. Aside from Microsoft Windows, their line of operating systems, they’re also known for the Microsoft Office suite, which is used by more than a billion people worldwide.
They also produce hardware products including the Microsoft Surface, Xbox video game console, HoloLens smart glasses, Microsoft Band smart bands, and many others.
As of 2023, the company employs more than 181,000 people worldwide, more than half of which are located in the United States.
1. Apple Inc – 2.752 Trillion
Apple is the most valuable company in the world. Founded by Steve Jobs, Ronald Wayne, and Steve Wozniak in 1976, the company initially sold personal computers but has since diversified into a wide range of products including the iPad, Apple TV, Smart Watch, and iPhone. In fact, the iPhone is the most used smartphone in the world. The last that we’d checked, there were more than one billion of these devices active worldwide.
As of December 2023, the company has a market cap of $2.595 trillion. At one point, they even hit the $3 trillion mark (they were the first publicly traded US company to achieve such a feat).
In the United States alone, there are over 270 retail stores. They also operate in Canada, the United Kingdom Japan, Hong Kong, Switzerland, France, Italy, Australia, and South Korea, among many other countries.