Logo of Saudi Aramco
Saudi Arabian Oil Co. (Saudi Aramco) is currently the second largest company in the world in terms of market capitalization, with a market value of $2.25 trillion.
This came after the company's share price rose 3% today, Feb. 24, to SAR 42.25.
Oil prices jumped above $100 a barrel for the first time since 2014, after Russia launched military operations in Ukraine.
Apple Inc. topped the list of the world's largest companies by market capitalization, issued by Companies Market Cap.
The following is the list of the top 20 companies around the world in terms of market capitalization:
|
World’s Largest Companies in Terms of Market Capitalization |
||||
|
Ranking |
Company |
Sector |
Country |
Market Capitalization ($ bln) |
|
01 |
Apple |
Technology |
USA |
2612 |
|
02 |
Saudi Aramco |
Energy |
Saudi Arabia |
2253 |
|
03 |
Microsoft |
Technology |
USA |
2101 |
|
04 |
Alphabet (Google) |
Technology |
USA |
1689 |
|
05 |
Amazon |
Technology |
USA |
1473 |
|
06 |
Tesla |
Cars |
USA |
789.6 |
|
07 |
Berkshire Hathaway |
Investment |
USA |
692.7 |
|
08 |
TSMC |
Technology |
Taiwan |
601.1 |
|
09 |
Meta (Facebook) |
Technology |
USA |
567.4 |
|
10 |
nVIDIA |
Technology |
USA |
557.9 |
|
11 |
Tencent |
Technology |
China |
547.8 |
|
12 |
Visa |
Financial Services |
USA |
467.6 |
|
13 |
JP Morgan Chase |
Banking |
USA |
437.8 |
|
14 |
United Health |
Healthcare |
USA |
435.2 |
|
15 |
Johnson & Johnson |
Healthcare |
USA |
423.9 |
|
16 |
Samsung |
Technology |
South Korea |
407.7 |
|
17 |
LVMH |
Luxurious Goods |
France |
376.0 |
|
18 |
Walmart |
Retail |
USA |
374.6 |
|
19 |
Procter & Gamble |
Consumable Goods |
USA |
373.8 |
|
20 |
Bank of America |
Banking |
USA |
361.7 |
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