Different metrics and parameters are considered while determining the value of a company. Companies can be compared on the basis of their revenue, profit, income, number of employees, market cap, etc. However, market capitalization is the most common parameter for measuring the value of a company. This article too presents a list of top 15 richest companies in the world 2023 based on their market capitalization. Other important info like headquarters, CEO, founder(s) of the companies will be discussed too.
Top 15 Richest Companies in the World 2023
The table provides the list of the top 15 richest companies in the world along with their market capitalization and headquarters.
|Taiwan Semiconductor Manufacturing Co. Ltd.||$11.89 trillion||Hsinchu|
|Saudi Aramco||$6.90 trillion||Dhahran|
|Tencent Holdings||$3.33 trillion||Shenzhen|
|Apple Inc.||$2.01 trillion||California|
|Microsoft Corp.||$1.71 trillion||Washington|
|Alphabet Inc.||$1.14 trillion||California|
|Amazon Inc.||$868.57 billion||Washington|
|Berkshire Hathaway Inc.||$693.26 billion||Nebraska|
|UnitedHealth Group||$471.38 billion||Minnesota|
|Johnson & Johnson||$470.95 billion||New Jersey|
|Visa Inc.||$438.34 billion||California|
|NVIDIA Corp.||$362.83 billion||California|
|Procter & Gamble||360.74 billion||Ohio|
|Tesla Inc.||$356.09 billion||Texas|
|Meta Platforms Inc.||333.99 billion||California|
World’s 15 Richest Companies in 2023
Now that you know who the world’s richest companies are, what are their net worth, and their nationality, let us learn a little bit more about them in detail.
Taiwan Semiconductor Manufacturing Co. Ltd. (TSM)
Taiwan Semiconductor Manufacturing Company Limited (TSMC), also called Taiwan Semiconductor, is the world’s largest semiconductor manufacturing company. Many big companies including AMD, Apple, ARM, Marvell, Nvidia, etc rely on TSMC for their semiconductor needs. TSMC is also the world’s most valuable semiconductor company and the largest company in Taiwan.
- Year Founded: 1987
- Market cap: $11.89 trillion
- Founders: Morris Chang
- CEO: CC Wei
Saudi Aramco (2222.SR)
Saudi Aramco, officially the Saudi Arabian Oil Company, is one of the largest companies in the world by market cap and revenue too. The company produces largest amount of oil and has the world’s second-largest proven crude oil reserves.
- Year Founded: 1933
- Market cap: $6.90 trillion
- Founders: Standard Oil Co. of California (Chevron)
- CEO: Amin H. Nasser
Tencent Holdings (HKD)
Tencent Holdings Ltd. was founded in 1998 and soon became the largest company in the video game industry and one of the highest grossing multimedia companies in the world. The company owns and operates the instant messengers Tencent QQ and WeChat, QQ.com and Tencent Music.
- Year Founded: 1998
- Market cap: $3.33 trillion
- Founders: Ma Huateng, Zhang Zhidong, Xu Chenye, Zeng Liqing, Chen Yidan
- CEO: Ma Huateng
Apple Inc. (AAPL)
Apple Inc. is a technology company that specializes in consumer electronics, software and online services. It is the largest technology company by revenue and one of the world’s biggest company by market capitalization. Apple is also one of the Big Five companies, alongside Alphabet, Amazon, Meta, and Microsoft.
- Year Founded: 1976
- Market cap: $2.01 trillion
- Founders: Steve Jobs, Ronald Wayne, Steve Wozniak
- CEO: Tim Cook
Microsoft Corp. (MSFT)
Microsoft Corporation is best known for its software products like Windows operating systems, Microsoft Office suite, Internet Explorer and Edge web browsers. The company was included in the 2020 Fortune 500 rankings of the largest United States corporations by total revenue. Microsoft is one of the Big Five companies, alongside Google, Amazon, Apple, and Meta.
- Year Founded: 1975
- Market cap: $1.71 trillion
- Founders: Bill Gates, Paul Allen
- CEO: Satya Nadella
Alphabet Inc. (GOOGL)
Alphabet Inc. was created through a restructuring of Google in 2015 to become the parent company of Google and its subsidiaries. It is one of the Big Five companies, alongside Amazon, Apple, Meta and Microsoft. Alphabet is one of the world’s most valuable companies and third-largest technology company by revenue.
- Year Founded: 1998
- Market cap: $1.14 trillion
- Founders: Larry Page, Sergey Brin
- CEO: Sundar Pichai
Amazon.com Inc. (AMZN)
Amazon is the world’s largest e-commerce platform that also specializes in cloud computing, digital streaming and artificial intelligence. The company started in a garage as an online bookstore but transformed into the biggest e-commerce giant. It is one of the Big Five companies, alongside Alphabet, Apple, Meta, and Microsoft.
- Year Founded: 1994
- Market cap: $868.57 billion
- Founders: Jeff Bezos
- CEO: Andy Jassy
Tesla Inc. (TSLA)
Headquartered in Austin, Texas, Tesla Inc. is an automotive and clean energy company that manufactures electric vehicles and battery energy storage. Name of the company is a tribute to Serbian inventor and electrical engineer Nikola Tesla. By market capitalization, Tesla ranks eighth among the 15 richest companies in the world 2023.
Berkshire Hathaway Inc. (BRK.A)
Berkshire Hathaway Inc. is a conglomerate holding company that owns GEICO, Duracell, Dairy Queen, BNSF Railway, Helzberg Diamonds, FlightSafety International, Forest River and many other companies. Renowned business magnate, investor and philanthropist Warren Buffett is the chairperson of Berkshire Hathaway.
- Year Founded: 1839
- Market cap: $693.26 billion
- Founders: Oliver Chace
- CEO: Warren Buffett
UnitedHealth Group (UNH)
UnitedHealth Group is a healthcare and insurance company and is in fact the largest healthcare company by revenue, and the largest insurance company by net premiums. The company was included in the 2022 Fortune Global 500 at rank 11. Current market cap of the company is 493 billion dollars.
- Year Founded: 1977
- Market cap: $471.38 billion
- Founders: Richard T Burke
- CEO: Andrew Witty
Johnson & Johnson (JNJ)
Johnson & Johnson is a pharmaceutical company involved with the production of medical devices, pharmaceuticals, and consumer packaged goods. The company has a prime credit AAA and is one of the only two companies to hold that rating (the other being Microsoft). The AAA rating is higher than that of the United States government itself.
- Year Founded: 1886
- Market cap: $470.95 billion
- Founders: Robert Wood Johnson I, James Wood Johnson, Edward Mead Johnson
- CEO: Joaquin Duato
Visa Inc. (V)
Visa Inc. is a financial services company founded by Bank of America (BofA) as the BankAmericard credit card program. Visa Inc. facilitates electronic funds transfers all over the world through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world’s most richest companies in 2023.
- Year Founded: 1958
- Market cap: $438.34 billion
- Founders: Alfred F Kelly Jr
- CEO: Dee Hock
Meta Platforms Inc. (META)
Originally named as TheFacebook, Inc., Meta Platforms is an MNC corporation that currently owns Facebook, Instagram, and WhatsApp. With a market cap of Meta is the richest company of the world. It is one of the Big Five companies, alongside Alphabet, Amazon, Apple, and Microsoft. All of the company’s products and services are linked by an integrated environment termed as ‘metaverse’.
- Year Founded: 2004
- Market cap: $333.99 billion
- Founders: Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Chris Hughes, Dustin Moskovitz
- CEO: Mark Zuckerberg
NVIDIA Corp. (NVDA)
NVIDIA Corporation manufactures graphics processing units (GPUs) and application programming interface (APIs). Without a doubt, Nvidia is a global leader in the field of artificial intelligence hardware and software. The company has been producing semiconductors, GPUs, Graphics cards, etc since 1993.
- Year Founded: 1993
- Market cap: $362.83 billion
- Founders: Jensen Huang, Curtis Priem, Chris Malachowsky
- CEO: Jensen Huang
Procter & Gamble (PG)
Procter & Gamble is a consumer goods corporation that specializes in a wide range of personal health, consumer health, personal care and hygiene products. The company was established 184 years ago in 1937 by candle maker William Procter and soap maker James Gamble and produced candles and soaps.
Taiwan Semiconductor Manufacturing Co. Ltd.
Disclaimer: The companies mentioned in the list can interchange their ranking depending on how market capitalization fluctuates.