Nvidia is one of the largest semiconductor companies in the U.S. and is a leader in graphics chips used in video games. Nvidia saw a big boost to its business during the Covid-19 pandemic as more people stayed home and played video games or used products and services that relied on data centers. The company believes its total market opportunity is about $1 trillion and expects to grow for years to come.

Ellison is chairman, chief technology officer and co-founder of software giant Oracle, of which he owns about a 35 percent stake. Oracle has grown, in part, through a steady acquisition of software companies, including the biggest tech industry deal of 2021, the $28.3 billion acquisition of electronic health records company Cerner. The firms posted nearly $3.3 trillion in combined annual sales, up from about $3 trillion last year, when 161 tech companies made the list. Assets and profits also swelled, climbing 19% and 11%, respectively, to $5.2 trillion and $434.7 billion.

  1. The executive stepped down as president of Alphabet, parent company of Google, in December 2019 but remains a controlling shareholder and a board member.
  2. Larry Page is no longer in charge of day-to-day operations at Alphabet, the parent company of Google.
  3. It’s easy to get attracted to tech stocks that move around a lot and seem to have prices that go up every day.
  4. China is this oil company’s largest client, so it makes sense that they are investing more in setting up operations in the country.

Tencent’s Weixin platform is the largest communication and social platform in China with 1.3 billion monthly active users. Tencent processes more than 1 billion daily commercial payment transactions through Weixin Pay. The company has made changes to its gaming business recently to place limits on the amount of time spent playing in response to concerns from the Chinese government. The Chinese government has been cracking down on areas of tech that it views as unproductive or anticompetitive.

The 20 Richest Tech Billionaires In The World: Forbes’ 2022 List

According to Walmart’s website, the retailer operates in 24 countries, including Canada, Botswana, El Salvador, Chile, China, India, Mexico, Kenya, Zambia, and several other locations. China Construction Bank Corporation prides itself on creating meaningful customer relationships, from individuals to the most successful companies. The bank also owns branches, including China Construction Bank Limited, China Construction Bank International, Sino-German Bausparkasse Co. You can find locations worldwide in cities like Tokyo, Singapore, New York, Sydney, Frankfurt, and Hong Kong.

Largest tech companies by market cap

It most recently exited the top 10 list of most valuable companies globally in December, together with Alibaba, leaving no Chinese representation on that list, Nikkei reported. Tesla followed up its eye-popping 2020 stock performance — which saw its stock grow more than fivefold to become one of the hottest names on Wall Street and make CEO Elon Musk the richest person in the world — with a strong 2021. Shares grew 46% this year, and Tesla passed the $1 trillion market cap for the first time. All the companies on the list are public companies, which means they’re open to the stock exchange. You can check their status from Wall Street Journal or any other news platform. There are thousands of tech companies, providing different solutions and services.

Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range, can also impact how and where products appear on this site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. The co-founder and long-time CEO of software https://1investing.in/ giant Microsoft, Gates spent 18 years as the richest person in the world before being displaced in 2018. He turned his fortune from Microsoft into diversified holdings including investments in zero-carbon energy tech developers. Known for his philanthropic efforts, Gates to-date has donated more than $59 billion to the Gates Foundation, including a $20 billion gift announced in July 2022.

After about a year overseas, Ma returned to China in March 2023 just as Alibaba unveiled a plan to split itself into six businesses. Koum cofounded WhatsApp, now the world’s biggest mobile messaging service, in 2009. He resigned as CEO of WhatsApp in April 2018 and announced he would leave Facebook’s board as well. Powell Jobs inherited her fortune, mostly through shares of Walt Disney and Apple, from her late husband, Apple cofounder Steve Jobs, who died in 2011. Powell Jobs is the founder and president of the Emerson Collective, an impact investing, philanthropy and advocacy firm focused on environmental justice, health, immigration and education.

While Larry Ellison owns 1.4 percent of Tesla, the largest holding of Bill Gates’ foundation is Berkshire Hathaway at almost 20 million shares. Even if you’ve never heard of some of the companies on this list, they’re the best at what they do and are recognized worldwide for their financial accomplishments. In addition, almost every company on this list started small and has grown to be one of the richest richest tech company in the world businesses in the world today. China’s State Grid Corporation has its headquarters in Beijing and is the largest utility company in the country. Obviously, they are in the business of operating and building power grids to supply energy to as many as 1.1 billion customers. However, the powerhouse is also working to meet global energy standards by working to offer clean and safe energy to all.

It shows companies identified by Fortune as being in the technology sector, ranked by total annual revenue. Other metrics not shown here, in particular market capitalization, are often used alternatively to define the size of a company. The number of technology companies landing on the Global 2000, Forbes’ annual ranking of the world’s largest companies (based on revenue, profits, assets and stock market value), ticked up to 169 this year from 164 in 2022.

What is the #1 tech company?

Founded in 1999, in California, it became one of the major tech companies shortly. Specialized in electronics, software, and online services, Apple’s quarterly revenue is $81.8 billion. It is down 1 percent year over year, and quarterly earnings per diluted share of $1.26, is up 5 percent year over year in 2023. Despite all the economic problems in the supply chain, workforce, and innovation, tech companies have recovered in 2023.

The 10 Worst Timeshare Companies in the World

Google co-founder Page stepped down as CEO of Alphabet, the parent of Google, in December 2019 but remains a board member and a controlling shareholder. Page cofounded Google in 1998 with fellow Stanford Ph.D. student Sergey Brin and together the two invented Google’s PageRank algorithm, which powers the company’s ubiquitous search engine. Page is a founding investor in space exploration company Planetary Resources and is also funding flying car startups Kitty Hawk and Opener.

World’s most valuable technology companies in 2022

Apple was one of the most popular tech companies in the industry when I was a little kid, it still is, and it doesn’t seem like this will change in the near future. Its sleek vehicles are highly sought after by consumers despite their hefty price tags and long wait times for delivery. The company’s business model is also unique from most automakers because it doesn’t use the traditional dealership model to sell vehicles. Founder and CEO Elon Musk is one of the most watched executives in business and, while highly accomplished, is prone to erratic behavior.

Microsoft is older than many of the companies on this list, but it is also one of the strongest. Its Windows operating system helped to lead the growth of the personal computer market and its Office products such as Microsoft Excel and Microsoft PowerPoint are ubiquitous in the corporate world. The company has also built a sizable presence in the gaming market through its Xbox products and proposed acquisition of Activision Blizzard. The company’s stock languished for many years following the bursting of the tech bubble, but it has been one of the best-performing tech stocks under CEO Satya Nadella. Apple makes some of the world’s most popular products including the iPhone, iPad and Mac laptops.

It was founded in 2009 and quickly grew to be one of the most successful start-ups of the last decade. Furthermore, Accenture helps customers understand the metaverse and shape their business plans in a way that will fit into the future. With a deep understanding of the industry and the future that awaits it, they accompany customers in their metaverse journey. Also, ending June 30, 2023, the tech company’s revenue for the last 12 months was $289.531B This was a 4.1% increase year-over-year.

It has branches listed on the SEC.gov website operating worldwide, allowing it to make a global-sized income. The manufacturing giant has also branched into other areas outside their auto sales. For example, if you’re a resident of Japan, you may find yourself finding lodging through the Toyota Housing Corporation. This company is often the first name that comes to mind when many people think about safe, reliable vehicles.