“If you really look closely, most overnight successes took a long time.” – Steve Jobs
In our previous blog we discussed the richest people in the world in 2021 but today we are going to discuss the businesses which made them the richest. Today we are going to discuss the 10 biggest companies in the world in 2021. Our list is based on the market capitalisation of the company that is done by multiplying the number of shares issued with the price per share.
So let's start our countdown of the 10 biggest companies in the world in 2021.
Valuation: $565 Billion
Share price: $594 (TWD)
Chairman: Mark Liu
TSMC might be the new name to you but if you use electronic devices like smartphones, laptops and computers then there are high chances that you are using one of their products. TSMC makes semiconductors for major tech giants like Apple and Intel. It is a Taiwanese company, with the headquarter in Hsinchu, Taiwan.
Valuation: $628 Billion
Share Price: $231.20 (Hong Kong Dollar)
Chairman: Jack Ma
Alibaba is a Chinese multinational company with major stakes in E-commerce, Technology and retail. Alibaba was founded by Jack Ma in 1999. Its headquarters is located in Hangzhou, China. Major subsidiaries of Alibaba group are aliexpress, alibaba.com, Daraz, Alibaba cloud and many more.
Valuation: $668 Billion
Share price: $670
Chairman: Elon Musk
Tesla is a Palo Alto, California based electric automobile and clean energy company. It is one of the fastest-growing companies in the world with more than 500% increase in its share value in just 2020. Tesla was founded in 2003 by Elon Musk.
Valuation: $683 Billion
Share Price: $630.50 (Hong Kong Dollar)
Chairman: Ma Huateng (Pony Ma)
Category: Technology, Gaming, Investment, Social Media, Internet
Tencent Holding Ltd or more commonly known as Tencent is a Chinese multinational tech company was founded in 1998. Tencent has investments in almost every field of technology. In the last 10 years, Tencent has had a 2000% increase in its share value. Its headquarter is located in Shenzhen, China.
Valuation: $776 Billion
Share Price: $293.5
Chairman: Mark Zuckerberg
Category: Social Media
Facebook is a social media platform with 2.31 billion active users that is 31% of the total earth’s population. Facebook was founded in 2004 by Mark Zuckerberg and his roommate at Harvard college. Major subsidiaries of Facebook are WhatsApp, Instagram and many more.
Valuation: $1.18 Trillion
Share Price: $2030.69
CEO: Sunder Pichai
Alphabet was created in 2015 by restructuring Google. Alphabet has its headquarter located in Mountain View, California. Major subsidiaries are Google, Waymo, X, Sidewalk Labs and many more.
4. Saudi Aramco
Valuation: $1.5 Trillion
Share Price: SAR 35.55
CEO: Amin H Nasser
Category: Oil and Gas
Saudi Aramco is a public petroleum and natural gas company in Saudi Arabia. Since 2020 it is one of the biggest companies in terms of revenue and has a revenue of more than 1 billion dollars every day. The Saudi government has a major stake in the company and has its headquarter in Dhahran, Saudi Arabia.