10 Most Valuable Companies In The World (2021)

2020 was a huge year for some of the world's biggest corporations i'm certainly thankful that i made some wise investments before the stock market exploded but exactly which companies succeeded and which ones suffered today we're looking at the 10 most valuable companies in the world number 10. tsmc tsmc may not be a recognizable name but if you own a smartphone or laptop there's a good chance you own one of their products the taiwan semiconductor manufacturing company makes semiconductors for corporations like apple intel and texas instruments as more consumers snap up phones and tablets tsmc's share price has risen astronomically at the end of 2020 they were valued at 565 billion dollars mark liu is the executive chairman of tsmc he filled the role after the company's founder stepped down in 2018. it's unclear exactly how much tsmc stock lou owns but it's estimated that he's worth well over one billion dollars though he was born in taiwan lou moved to the united states to finish his education he got a phd in electrical engineering from the university of california berkeley and that education has served him well as he continues to rake in billions every year number 9. alibaba alibaba is another massive conglomerate this chinese business specializes in e-commerce business-to-business sales and retail it is currently worth 628 billion dollars making it the ninth most valuable in the world in the 19 years since its inception in a small apartment in hangzhou the chinese company has blossomed into one of the most diverse and valuable corporations in the world today alibaba is competing on a global scale against and in several instances outperforming it's more well-known american counterparts including google amazon paypal and ebay alibaba's ceo is a charismatic man named jack ma his net worth is now approximately 50.9 billion dollars and while that number is very impressive it's actually down 11 billion dollars from his 2020 peak this is because china is starting to crack down on some of its largest tech companies in order to reduce the power of these monopolistic corporations china fined alibaba and delayed the ipo of its financial arm and group still i don't exactly feel too bad for mr ma his net worth still rose by roughly 4.3 billion dollars in 2020 overall number eight tesla tesla had its best year on record in 2020. in fact it managed to reach a valuation of 668 billion dollars by the end of the year this catapulted elon musk into the realm of multi-billionaires he is now worth an estimated 183 billion dollars making him the wealthiest person on the planet though he still continues to trade this role with jeff bezos the ceo of amazon musk managed to make more than 150 billion dollars in the last year alone that's because the world is moving rapidly towards renewable energy and musk has huge investments in both electric cars through tesla and solar panels through solar city and this is before we even mention there's numerous other businesses like spacex the boring company and neuralink needless to say tesla is a relative newcomer on the most valuable list but it is most likely here to stay number seven tencent tencent is one of the biggest conglomerates in the world with holdings in search engines e-commerce retail video games real estate software virtual reality ride sharing banking and financial services among many others it is worth a whopping 683 billion dollars tencent was founded by ma watang also known as pony ma in 1998. the entrepreneur grew up in southern china where his father worked as the manager of a major state-owned port after graduating from shenzhen university with a degree in computer science in 1993 he landed a job developing software for pages at the time china had an average of just one computer for every 100 people still ma stayed in shenzhen making 176 dollars per month at his first job as a result he had a front row seat to china's tech boom in the mid 1990s it paid off because pony ma is now worth 71.6 billion dollars number six facebook facebook is a relatively controversial company but none of its recent scandals have put a damper on either profits or popularity facebook is in a league of its own for example facebook's 2.4 billion users make up around 31 of the world's population only companies such as coca-cola and mcdonald's can compare to such a worldwide reach and neither of these companies can compare to facebook's ad revenue by the end of 2020 its valuation was over 776 billion dollars making it the sixth most valuable overall facebook ceo mark zuckerberg was made famous in the 2010 movie the social network and has been in the spotlight ever since in the following years he has faced a number of controversies but that hasn't prevented him from racking up a respectable net worth of 96.4 billion dollars number five alphabet google is by far the most visited website in the world these days it's just the flagship business of the enormous alphabet incorporated which is valued at 1.18 trillion dollars it is the parent of some of the most famous companies like waymo verily nest labs google fiber and others with more people spending time online during 2020 alphabet's profits skyrocketed although it is facing several anti-trust investigations around the world alphabet is still looking extremely strong its co-founders are among the richest people on earth sergey brin is worth 88.9 billion dollars and larry page is worth 91.7 billion google's history began in 1995 when larry page met sergey brin at the time larry page was a phd student at stamford university and sergey was considering studying there in the succeeding years they managed to form one of the strongest business partnerships in history number four saudi aramco saudi aramco officially the saudi arabian oil company is the public oil company connected with the saudi government for many years this massive petroleum company was closed to foreign investment but that all changed in 2019 when saudi aramco offered its first initial public offering or ipo it raised 25.6 billion dollars in its ipo making it the world's largest ipo in history it is difficult to pin down the exact valuation of saudi aramco both because a large majority is owned by the saudi royal family and because the price of oil fluctuates constantly meaning that the company's value can vary by billions in a single day with that being said forbes estimates that the value is close to 1.5 trillion dollars making it number four on our list because saudi arabia has an absolute monarchy the royal family controls most of the wealth in the country but aramco still has a ceo amin nasir has held the position since 2015 and has an estimated net worth of more than five million dollars number three amazon amazon.com is the largest ecommerce site in the world initially only serving as an online book market the seattle-based company has set the standard for cloud computing and all manner of online sales it is now worth 1.63 trillion dollars making it the third most valuable overall of course i remember when they only sold books but that was many years ago and trust me i'm glad i bought some amazon stock back in the day amazon's ceo jeff bezos has been the richest person on earth for many years though other billionaires like elon musk are currently battling for that title jeff's current net worth hangs roughly around 192 billion dollars according to forbes number two microsoft founded more than 45 years ago microsoft is still one of the most valuable companies in the world the software company was founded by bill gates and paul allen and quickly became a technological juggernaut everyone is familiar with their programs like microsoft word and excel app the company has a valuation of 1.68 trillion dollars and its founders are still among the wealthiest people on the planet with a net worth of 123 billion dollars bill gates is still in the top five wealthiest people on earth this is in spite of the fact that he wants to give away most of his wealth during his lifetime i think he needs to start giving it away more quickly if he ever wants to achieve that goal number one apple apple is officially the most valuable company in the world the technology company manages to do something unique they sell expensive luxury items on a massive scale their computers phones tablets and software are popular all over the world that launched apple's valuation to an unbelievable 2.25 trillion dollars even as people struggled during the pandemic their brand loyalty to apple never wavered because ceo tim cook was not an apple founder his net worth is only around 1.5 billion this is still a large sum of money but it pales in comparison to ceos like elon musk and jeff bezos regardless apple is on track to grow for many years to come which bodes well for tim cook's wallet so there you have it the 10 most valuable companies in the world which company do you think will be the most valuable in 2021 let me know in the comment section down below if you enjoyed the video make sure to drop a like and subscribe and as always i'm mr luxury pip pip to doodly do

Channel: Mr. Luxury

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Id: LzjQWr3uqa4

Length: 10min 25sec (625 seconds)

Published: Wed Mar 10 2021