A recent study by CEOWORLD Magazine has revealed that Microsoft is the world’s largest company in terms of market capitalization. Market cap refers to the total dollar value of a company’s outstanding shares of stock, and this ranking takes into account the market cap of companies from 12 different countries. The study also lists other large companies such as Apple, Saudi Arabian Oil Company, Amazon and Alphabet Inc.
The top 20 list was dominated by US companies, with only four non-US companies making the cut. Some companies from last year’s list maintained their rankings while others secured new spots on this year’s list. In total, these companies generated a revenue of $29.63 trillion.
This ranking provides valuable insight into the financial performance of leading companies in the global market. It showcases the dominance of US companies and highlights the overall revenue generated by the top 50 global companies. This study serves as a valuable resource for those interested in keeping up with the latest trends and developments in the business world.