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Top 10 largest companies in the world in 2024: Know where India’s largest company stands | Trending News

by theamericannews
June 20, 2024
in USA
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Top 10 largest companies in the world in 2024: Know where India’s largest company stands | Trending News
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JPMorgan Chase & Co., an American financial holding company headquartered in New York City, has ranked as the largest company in the world, a spot it has held onto for the second consecutive year. It is also the largest US-based bank and the fifth-largest bank in the world in terms of total assets. Founded by J. P. Morgan in 1871, the company provides financial and investment banking services and offers a wide range of products and services in all capital markets.

2. Berkshire Hathaway: 

Berkshire Hathaway, an American multinational conglomerate holding company headquartered in Omaha, Nebraska, is the second-largest company in the world. Founded and primarily controlled by famed investor and founder Warren Buffett, the holding company has subsidiaries in various sectors including insurance, railroads, energy, manufacturing, wholesale distribution, and finance.

3. Saudi Arabian Oil Company (Saudi Aramco): 

Headquartered in Dhahran, Saudi Arabia, and the world’s largest oil producer, the Saudi Arabian Oil Group or Saudi Aramco (formerly known as the Arabian-American Oil Company) is an energy and chemicals company owned by the government of Saudi Arabia.

4. Industrial and Commercial Bank of China (ICBC): 

A Chinese multinational bank, headquartered in Beijing, is not just the fourth-largest company in the world but also the largest bank in both the People’s Republic of China and the world when considering total assets. It offers a wide range of financial services, including consumer banking, corporate banking, and investment banking.

5. Bank of America: 

The second-largest bank, Bank of America, is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina. With a significant investment banking, wealth management, and trading presence, Bank of America offers financial and investment banking services, as well as consumer and commercial banking products.

6. Amazon.com Inc.: 

A global technology and e-commerce company, Amazon.com Inc., headquartered in Seattle, Washington, was founded by Jeff Bezos. The company’s diverse revenue streams, including its subscription services, entertainment and advertising, and increasing physical retail presence, in addition to cloud computing and artificial intelligence, make it the sixth-largest company in the world.

7. China Construction Bank: 

China Construction Bank is a Chinese multinational bank headquartered in Beijing and is the seventh-largest company in the world. It offers a wide range of financial services including consumer banking, corporate banking, and investment banking.

8. Microsoft Corporation:

Microsoft Corporation is one of the most successful technology companies in the world and a leader in the software industry. It is an American multinational technology company and is one of the largest companies in the world with its headquarters in Redmond, Washington. Founded by billionaire Bill Gates, Microsoft is best known for its Windows operating system and Office suite of productivity applications.

9. The Agricultural Bank of China: 

The second-largest bank in the world in terms of total assets, the Agricultural Bank of China is a Chinese multinational bank headquartered in Beijing. It is the ninth-largest company in the world, offering a wide range of financial services, including consumer banking, corporate banking, and investment banking. It also operates in other parts of the globe, such as Asia Pacific, the Middle East, Europe, and the Americas.

10. Alphabet Inc.:

Alphabet Inc. is an American technology giant and multinational conglomerate, headquartered in Mountain View, California. It is the parent company of Google, the world’s most popular search engine, and has a diverse range of businesses, including cloud computing, advertising, and hardware, making it one of the top five American information technology companies and the tenth-largest companies in the world.

49. Reliance Industries:

Led by billionaire Mukesh Ambani, Reliance Industries Ltd., based in Mumbai, India, is one of the largest Indian companies, ranking 49th globally. It is a multinational conglomerate with businesses in energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles, and has a market capitalisation of $272.09 billion.

Source link : https://indianexpress.com/article/trending/top-10-listing/top-10-largest-companies-in-the-world-in-2024-9397408/lite/

Author :

Publish date : 2024-06-17 05:49:52

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