Top 10 Most valuable companies in the world

Though many skeptics predict an economic recession at any time the global stock market is still chugging ahead trade tensions in a lack of consumer confidence have tempered growth in the last few months but that hasn't stopped the world's business behemoths from increasing their value at a staggering rate from tech giants to investment juggernauts, we are counting down the top 10 most valued companies in the world.

TENCENT

With a valuation of 393.5 billion dollars Tencent was founded by Ma Huateng also known as "Pony Ma" in 1998 Ma Huateng is the richest man in China according to the Forbes world's billionaires list the entrepreneur grew up in southern China after graduating from Shenzhen University with a degree in computer science in 1993 he landed a job developing software for pagers at the time China had an average of just one computer for every 100 people still Ma stayed inch engine making 176 dollars per month at his first job as a result he had a front-row seat to China's tech boom in the mid-1990s

since then $0.10 has pivoted to include numerous facets of the tech world including Search Engines, Ecommerce, Retail, Video games, Real estate, Software, Virtual Reality, Ride-Sharing, Banking, Financial Services, Fin-Tech, Consumer technology, Computer technology, Automobiles, Film Production, Movie ticketing, Music Production, Space technology, Natural resources, Smartphones, and Big data, among many others .It is the kind of tech conglomerate that seems to have its hands in every industry.

JP Morgan CHASE & CO.

This is the largest bank in the United States and was ranked by SMP global, as the 6th largest bank in the world by total assets, in the ninth-largest company overall its assets amount to roughly 2.534 trillion dollars, it is the world's most valuable bank by market capitalization the company itself is valued at 397.3 billion dollars. JP Morgan Chase is essentially an enormous banking conglomerate that combines the assets of some of the world's largest lenders over the last few years, these include Chase Manhattan Bank, JP Morgan & Co, Bank One, Bear Stearns and Washington Mutual, but the history of JPMorgan Chase goes back much further than that and has its roots in the founding of the United States.

in fact, it was a business dispute between burrs firm and Alexander Hamilton's Bank of New York that eventually led to the infamous duel that killed America's first Treasury secretary the bank was founded all the way back in 1799 mere decades after America won its independence from Britain centuries of acquisitions later the bank is a major player in the world economy earning them the distinction of the ninth most valuable company in the world.

THE visa 

VISAS history begins in 1958 when Bank of America initiated its Bank Americard program in Fresno, California. originally the corporate only planned to supply this technique across the state but in 1965 Bank of America began to subscribe to licensing agreements with a set of banks outside California in the following years, visa became a huge player in the burgeoning use of credit cards across the world and it's currently in use in nearly every country on earth nearly all Visa transactions worldwide are processed through the businesses directly operated visa net at one among the four secure data centers located in Ashburn Virginia, Singapore, Highlands Ranch Colorado, and London England.

These solutions are heavily secured against natural disasters crime and terrorism can operate independently of every other and from external utilities if necessary and may handle up to 30,000 simultaneous transactions and up to 100 billion computations every second and each of these transactions earns visa a small fee let's help them earn an overall valuation of 402 billion dollars there are more than 1.4 billion Visa cards in circulation or one for every seven people living on earth.

ALIBABA GROUP HOLDING LIMITED 

The Chinese multinational conglomerate specializing in e-commerce retail and technology in December 1999 toward the tail end of a dot-com craze a group of 18 people led by Jack Ma started a wholesale online marketplace called Alibaba within the 19 years since its inception during a small apartment in Hangzhou the Chinese company has blossomed into one among the foremost diverse and valuable corporations within the world.

Jack Ma was first introduced to the internet on a visit to the United States in the 90s, a few years later he decided to bed on the promising technology and having secured five million dollars in funding from a consortium of investors started the Alibaba Group, the launch of Ali Baba's online retail platforms AliBaba.com in 1688.com was fortunately timed, the buyer internet boom had barely arrived in China and therefore the local market wasn't as direly suffering from the dot-com crash as its American counterpart, with a valuation of 466 billion dollars Alibaba earned the number 7 spot on this countdown.

BERKSHIRE HATHAWAY

Omaha is an investment guru known as Warren Buffett's Oracle and one of the richest and most respected businessmen in the world, born in 1930 in Nebraska. Warren Buffett demonstrated keen business abilities at an early age, forming a limited buffer partnership between 1956 and 1965. He took control of Berkshire Hathaway, overseeing the growth of a group and corporations within the media insurance energy and food and beverage industries and Buffett became one of the worlds wealthiest and a noted philanthropist. Berkshire Hathaway showed its roots to a textile or cotton manufacturing company founded by Oliver Chase in 1839, as Buffett went through a strange series of events to the Valley Falls Company and Valley Falls Rhode Island, this textile manufacturer after more than a century.

Become the owner of A failing business is preferred to a failed business that has never been seen before or the company now has a stake or Gecko, Duracell, Dairy Queen, BNSF Railway, Helzberg Diamonds, Long and Foster, Flight Safety International, Owns The Net Jets, and Pampered chefs, also own some 38.6% of Pilot Flying J, 26.7% of Kraft, Heinz Company, and significant minority holdings in American Express, Wells Fargo, The Coca-Cola Company, Bank of America and Apple at a price, It is 522 Billion dollars making it the sixth most valuable company in the world.

FACEBOOK

It is an extremely controversial company but none of its recent scandals have put a damper on either profits or popularity Facebook is in a league of its own for example Facebook's 2.4 billion users make up 31% of the world's population founded in 2004 by Mark Zuckerberg. 

Facebook quickly became one of the most popular websites in the world the website's membership was initially limited by the founders to Harvard students but was expanded to other colleges in the Boston area, then the Ivy League and gradually most universities in the United States and Canada the company is currently valued at 542 billion dollars despite a host of scandals plagued many have taken issue with Facebook's frequent privacy breaches and the tepid release of its fledgling Cryptocurrency Libra, rumors that Facebook is about to purchase Yelp will only bolster its roster including WhatsApp and Instagram among others.

AMAZON.COM

This is the largest E-Commerce site in the world initially only serving as an online book market the Seattle-based company has set the standards for cloud computing in all manner of online sales Amazon is the largest internet company by revenue in the world, it is the second-largest employer in the United States and also the fourth most valuable company in the world by market capitalization.

Amazon.com was started by Jeff Bezos in 1994, he was ready to secure funding from his friend Nick Hanauer, this first investment of $40,000 was joined by a bigger $100,000 investment from a former colleague Tom Albert that helped make the new website more user-friendly Bezos a Princeton graduate who had been working in the financial sector quit his job and made a move into the crowded dot-com craze because he had read that online business was growing at a rate of 5,000 percent a year the rest is history, he is the wealthiest person in the world and Amazon has bucked the trend of other tech firms that have floundered in the last year like Facebook, Twitter, and Snapchat. Amazon receives 197 million unique visitors per month that has helped to earn a valuation of 878 billion dollars, though it was once the most valuable company in the world has recently dropped to number four.

ALPHABET

Google is by far the most visited website in the world, Google's history began in 1995 when Larry Page met Sergey Brin. Google is a play on words of googol which is a mathematical term for the number one followed by 100 zeros. it is rumored that this reflects on the founders' mission to organize the infinite amount of information on the Internet after decades of dominating the search engine market they spun the company off into the parent company called Alphabet.

The separation between the alphabet Incorporated main business search and other companies provide the corporate with the safe place to hold out experiments each company within the Alphabet umbrella will be headed by a CEO, who will report to the page which allows the respective head to determine the best course of action without worrying about its effect on the search engine cash cow with a valuation of 882 billion dollars alphabet safely secured the number three position.

Microsoft

Entrepreneur and a successful businessman Bill Gates and his business partner Paul Allen founded and built Microsoft, the world's largest software business, through technological innovations team business strategy and aggressive business strategy, Gates became one of the world's richest individuals. Still almost synonymous with its founder, Microsoft is one of the most successful companies in the world. 

After its conception nearly 50 years later between its ubiquitous operating system Window and their suite of applications including Word, PowerPoint, and Excel. One contender is after the dot-com bubble collapsed. In 2018, Microsoft overtook Apple as the world's most valuable publicly-traded company in 2018, after Apple was demarcated in April 2019, Microsoft reached third in the trillion-dollar market cap. The public company should be valued at more than one trillion dollars after Apple and Amazon respectively until they were the most valuable company in the world recently, but recently they came in second with a valuation of $ 1.1 trillion. 

apple

Apple is the sort of the once-in-a-generation company that captures the whole world's imagination and convinces them to buy luxury products even when they are out of their price range Apple computers incorporated was founded on April 1st, 1976 by college dropout Steve Jobs and Steve Wozniak, who delivered to the new company a vision of adjusting the way people viewed computers. Jobs and Wozniak wanted to form computers sufficiently small for people to possess them in their homes and offices simply put they wanted a computer that was user-friendly, now more than 43 years later Steve Jobs has passed away but his legacy continues through this truly monumental company that maintains its status as an industry Titan. 

As of January 2018, quite 1.3 billion Apple products are actively in use worldwide the corporate also features a high level of brand name loyalty and is ranked as the world's most precious brand however Apple received significant criticism regarding the labor practices of its contractors its environmental practices and unethical business practices including anti-competitive behavior also as the origins of source materials regardless a recent earnings report proved that Apple is still on top with a valuation of 1.26 trillion dollars making it the most valuable company in the world you.