Top 10 Most Expensive Companies in the World
The list below show the world’s 10 most expensive companies. After briefly surpassing Exxon Mobil during Tuesday’s trading day as the world’s most valuable company, Apple took over the number one spot again yesterday and stayed in the lead for the first time at the close of a trading day.
10. China Mobile – Market Value US $186,664 Million
China Mobile Limited is a Chinese state-owned telecommunication company that provides mobile voice and multimedia services through its nationwide mobile telecommunications network–the largest of its kind, worldwide. The company also wins global pride of place as the largest mobile telecommunications company by market capitalization. It is listed on both the NYSE and the Hong Kong stock exchange. As of March 2011, China Mobile is the world’s largest mobile phone operator with over 600 million subscribers and the most expensive companies in the world.
9. BHP Billiton – Market Value US $190,501 Million
BHP Billiton is a global mining, oil and gas company headquartered in Melbourne, Australia and with a major management office in London, United Kingdom. The Australian-registered BHP Billiton Limited, which is the majority partner, has its primary listing on the Australian Securities Exchange and is the largest company in Australia measured by market capitalisation. The UK-registered BHP Billiton Plc has its primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of approximately £39.6 billion as of 23 December 2011, making it the 9th-largest company on the London Stock Exchange and the most expensive companies in the world.
8. Royal Dutch Shell – Market Value US $194,026 Million
Royal Dutch Shell plc commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the most expensive companies in the world according to a composite measure by Forbes magazine and one of the six oil and gas “supermajors”. Shell has operations in over 90 countries, produces around 3.1 million barrels of oil equivalent per day and has 44,000 service stations worldwide. Shell Oil Company, its subsidiary in the United States, is one of its largest businesses.
7. IBM – Market Value US $194,118 Million
International Business Machines Corporation or IBM is a multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas ranging from mainframe computers to nanotechnology.As of September 2011, IBM is the second-largest publicly traded technology company and the most expensive companies in the world. IBM holds more patents than any other U.S.-based technology company, and has nine research laboratories worldwide.
6. Microsoft – Market Value US $202,754 Million
Microsoft Corporation is an American multinational corporation headquartered in Redmond, Washington, United States that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions. Microsoft would also come to dominate the office suite market with Microsoft Office. Today Microsoft is one of the most expensive companies in the world.
5. Nestle – Market Value US $205,171 Million
Nestlé S.A. is the world’s largest food and nutrition company and the most expensive companies. Founded and headquartered in Vevey, Switzerland Nestlé originated in a 1905 merger of the Anglo-Swiss Milk Company, established in 1867 by brothers George Page and Charles Page, and Farine Lactée Henri Nestlé, founded in 1866 by Henri Nestlé. Today, the company operates in 86 countries around the world, and employs over 280,000 people.
4. ICBC – Market Value US $225,376 Million
Industrial and Commercial Bank of China Ltd. (ICBC) is the largest bank in the world by profit and market capitalization. It is one of the most expensive companies in the world. It was founded as a limited company on January 1, 1984. As of March 2010, it had assets of RMB 12.55 trillion (US$1.9 trillion), with over 18,000 outlets including 106 overseas branches and agents globally.
3. PetroChina – Market Value US $274,425 Million
PetroChina Company Limited is a Chinese oil company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. It is China’s biggest oil producer, and was most expensive companies by market value.
2. Exxon Mobil – Market Value US $330,770 Million
Exxon Mobil Corporation or ExxonMobil, is an American multinational oil and gas corporation. ExxonMobil is one of the most expensive companies in the world. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), ExxonMobil is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrels of oil equivalent).
1. Apple – Market Value US $337,174 Million
Apple Inc. formerly Apple Computer, Inc. is an American multinational corporation that designs and markets consumer electronics, computer software, and personal computers. The company’s best-known hardware products include the Macintosh line of computers, the iPod, the iPhone and the iPad. As of July 2011, the company operates 357 retail stores in ten countries, and an online store where hardware and software products are sold. Apple has recently been the most expensive companies in the world by market capitalization and the largest technology company in the world by revenue and profit.