Saudi Aramco’s storage tanks
Saudi Aramco topped the list of largest companies by market capitalization today, May 10, with a market value of $2.464 trillion, surpassing US tech major Apple Inc.’s value of $2.461 trillion.
Shares of the Saudi oil giant hit its highest level at SAR 46.20 in early trading today on the Saudi Exchange (Tadawul).
Microsoft came in third place with a market value of $1.978 trillion.
The following is the list of the world’s top 20 biggest companies by market capitalization:
World’s Largest Companies in Terms of Market Capitalization |
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Ranking |
Company |
Sector |
Country |
Market Capitalization ($ bln) |
01 |
Saudi Aramco |
Energy |
Saudi Arabia |
2,464 |
02 |
Apple |
Technology |
USA |
2,461 |
03 |
Microsoft |
Technology |
USA |
1,978 |
04 |
Alphabet (Google) |
Technology |
USA |
1,485 |
05 |
Amazon |
Technology |
USA |
1,106 |
06 |
Tesla |
Cars |
USA |
815 |
07 |
Berkshire Hathaway |
Investment |
USA |
692 |
08 |
Meta (Facebook) |
Technology |
USA |
561 |
09 |
Johnson & Johnson |
Healthcare |
USA |
467 |
10 |
United Health |
Healthcare |
USA |
456 |
11 |
TSMC |
Technology |
Taiwan |
454 |
12 |
Tencent |
Technology |
China |
428 |
13 |
nVIDIA |
Technology |
USA |
422 |
14 |
Walmart |
Retail |
USA |
417 |
15 |
Visa |
Financial Services |
USA |
415 |
16 |
Procter & Gamble |
Consumable Goods |
USA |
373 |
17 |
JP Morgan Chase |
Banking |
USA |
363 |
18 |
ExxonMobil |
Energy |
USA |
357 |
19 |
Samsung |
Technology |
South Korea |
350 |
20 |
Nestle |
Nutrition |
Switzerland |
336 |
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