Capitalization of the Largest Companies in the World Reached a Record 21 Trillion US Dollars
According to the Global Top 100 companies rating, which is annually compiled by PricewaterhouseCoopers (PwC), the total capitalization of the largest companies in the world has reached 21 trillion US dollars, which is an absolute historical maximum. This growth happened mainly due to US companies. The top ten largest companies included representatives of the technology sector and online trading. In the top three are Microsoft, Apple, and Amazon. At the same time, for the first time in seven years, the leader changed. All these years, the rating was led by Apple. The top ten most expensive companies also included Alphabet (4th place), Berkshire Hathaway (5th place), Facebook (6th place), Alibaba (7th place), Tencent (8th place). For the fifth year in a row, US companies have occupied more than half of the Global Top 100 rating (54 companies). The share of American companies in global market capitalization is 63%. The company from China took second place after the United States, and the companies from the EU followed after. Also, companies from India and Saudi Arabia were included in this list for the first time in history.