List of public corporations by market capitalization

The following is a list of publicly traded companies having the greatest market capitalization. This list is primarily based on the Financial Times Global 500 rankings. The list of non-public companies by estimated market value is attached for comparison.

Market capitalization is calculated from the share price (as recorded on selected day) multiplied by the number of outstanding shares.^[1] Figures are converted into USD millions (using rate from selected day) to allow for comparison. Only companies with free float at least 15% are included, value of unlisted stock classes is excluded. Investment companies are not included in the list.^[2]

Record market capitalizations

Date	Company	Record value (in billions USD)	Record value (in billions USD, inflation-adjusted)^[3]	Notes
30 December 1999	Microsoft	618.9	909	Microsoft reached an intraday high share price of $119.94 in December 1999.^[4] With 5,160,024,593 outstanding shares, it had a market capitalization of $618.9 billion.^[5]
5 November 2007	PetroChina	1000	1145	On 5 November 2007, A shares of PetroChina on the first day of trading after its IPO on Shanghai Stock Exchange skyrocketed from the IPO price of 16.7 RMB to 43.96 RMB by the close (the opening price was even 48.6 RMB). That gave a market capitalization of about $1 trillion.^[6] Only 4 billion A shares were floated during the IPO, another 158 billion A shares were still held by China National Petroleum Corporation. 21 billion H Shares were already floated on the Hong Kong Stock Exchange.^[7] However, market capitalization based on H-shares never reached $500 billion.^[8]
3 October 2018	Apple Inc.	1127.42	–	With 4,829,926,000 shares outstanding^[9], Apple reached this new record intra-day high after its share price reached $233.47 in market trading on September 4, 2018.

Publicly traded companies

All market capitalization figures are in USD millions.

2018

This list is up to date as of September 28, 2018. Indicated changes in market value are relative to the previous quarter.

Rank
1	Apple Inc. 851,317	Apple Inc. 909,840^[10]	Apple Inc. 1,091,000^[10]
2	Alphabet Inc. 717,404	Amazon.com 824,790^[11]	Amazon.com 976,650^[11]
3	Microsoft 702,760^[12]	Alphabet Inc. 774,840^[13]	Microsoft 877,400^[12]
4	Amazon.com 700,672^[11]	Microsoft 757,640^[12]	Alphabet Inc. 839,740^[14]
5	Tencent 507,990^[15]	Facebook 562,480^[16]	Berkshire Hathaway 523,520^[17]
6	Berkshire Hathaway 492,019^[17]	Tencent 478,580^[15]	Facebook 473,850^[16]
7	Alibaba Group 470,930^[18]	Alibaba Group 476,040^[18]	Alibaba Group 423,600^[18]
8	Facebook 464,189^[16]	Berkshire Hathaway 463,980^[17]	Tencent 388,080^[15]
9	JPMorgan Chase 377,410^[19]	JPMorgan Chase 354,780^[19]	JPMorgan Chase 379,440^[19]
10	Johnson & Johnson 343,780^[20]	ExxonMobil 350,270 ^[21]	Johnson & Johnson 370,650^[20]

2017

This list is up to date as of December 31, 2017. Indicated changes in market value are relative to the previous quarter.

Rank
1	Apple Inc. 753,718	Apple Inc. 749,124	Apple Inc. 791,726	Apple Inc. 868,880^[10]
2	Alphabet Inc. 573,570^[13]	Alphabet Inc. 628,610^[13]	Alphabet Inc. 664,550^[13]	Alphabet Inc. 727,040^[13]
3	Microsoft 508,935	Microsoft 528,778	Microsoft 568,965	Microsoft 659,910^[12]
4	Amazon.com 423,031	Amazon.com 466,471	Amazon.com 459,435	Amazon.com 563,540^[11]
5	Berkshire Hathaway 410,880^[17]	Berkshire Hathaway 418,880^[17]	Berkshire Hathaway 451,840^[17]	Facebook 512,760^[16]
6	ExxonMobil 339,897	Johnson & Johnson 357,310	Alibaba Group 436,850^[18]	Tencent 493,340^[25]
7	Johnson & Johnson 337,947	Facebook 357,176	Tencent 405,007	Berkshire Hathaway 489,490^[17]
8	Facebook 334,552	Alibaba Group 356,390^[18]	Facebook 399,946	Alibaba Group 440,712^[25]
9	JPMorgan Chase 313,761	Tencent 344,879	ExxonMobil 348,248	Johnson & Johnson 375,360^[20]
10	Wells Fargo 278,516	ExxonMobil 341,947	Johnson & Johnson 347,497	JPMorgan Chase 371,050^[19]

2016

This list is up to date as of December 31, 2016. Indicated changes in market value are relative to the previous quarter.

Rank
1	Apple Inc. 607,465	Apple Inc. 517,069	Apple Inc. 604,475	Apple Inc. 617,588.49
2	Alphabet Inc. 535,660^[13]	Alphabet Inc. 475,320^[13]	Alphabet Inc. 535,660^[13]	Alphabet Inc. 531,970^[13]
3	Microsoft 439,734	Microsoft 397,268	Microsoft 447,290	Microsoft 483,160.28
4	ExxonMobil 350,991	ExxonMobil 383,396	Amazon.com 393,030	Berkshire Hathaway 404,390^[17]
5	Berkshire Hathaway 349,740^[17]	Berkshire Hathaway 345,860^[17]	ExxonMobil 358,519	ExxonMobil 374,280
6	Johnson & Johnson 300,604	Amazon.com 337,641	Berkshire Hathaway 358,300^[17]	Amazon.com 356,313.12
7	General Electric 295,546	Johnson & Johnson 328,234	Johnson & Johnson 320,836	Johnson & Johnson 313,432.46
8	Amazon.com 281,888	General Electric 280,927	Facebook 297,548	JPMorgan Chase 308,768.42
9	Facebook 259,192	Facebook 263,930	Tencent 265,603	General Electric 279,545.92
10	Wells Fargo 246,035	AT&T 261,035	General Electric 261,876	Wells Fargo 276,779.12

2015

This Financial Times Global 500–based list is up to date as of December 31, 2015. Indicated changes in market value are relative to the previous quarter.

Rank
1	Apple Inc. 724,773.1	Apple Inc. 722,576.9	Apple Inc. 621,939	Apple Inc. 598,344
2	Exxon Mobil 356,548.7	Microsoft 357,154.4	Google 407,870^[13]	Alphabet 534,090^[13]
3	Berkshire Hathaway 356,510.7	Exxon Mobil 347,868.1	Microsoft 347,432	Microsoft 449,799
4	Google 345,849.2^[34]	Google 336,014.5^[13]	Berkshire Hathaway 318,180^[17]	Berkshire Hathaway 323,750^[17]
5	Microsoft 333,524.8	Berkshire Hathaway 336,014.5	Exxon Mobil 304,245	Exxon Mobil 325,167
6	Petro China 329,715.1	Petro China 319,391.6	Johnson & Johnson 257,637	Amazon 323,009
7	Wells Fargo 279,919.7	ICBC 298,531.5	General Electric 248,069	General Electric 313,892
8	Johnson & Johnson 279,723.9	Wells Fargo 289,591.3	China Mobile 243,186	Johnson & Johnson 287,153
9	ICBC 275,389.1	Johnson & Johnson 270,260.8	Novartis 240,373	Wells Fargo 281,770
10	Novartis 267,897.0	General Electric 267,717.4	Nestlé 233,361	JPMorgan Chase 245,126

2014

This Financial Times Global 500–based list is up to date as of December 31, 2014. Indicated changes in market value are relative to the previous quarter.

Rank
1	Apple Inc. 478,766.1	Apple Inc. 560,337.4	Apple Inc. 603,277.4	Apple Inc. 647,361.0
2	Exxon Mobil 422,098.3	Exxon Mobil 432,357.3	Exxon Mobil 401,094.1	Exxon Mobil 391,481.9
3	Microsoft 340,216.8	Google 358,347.3	Microsoft 381,959.7	Microsoft 382,880.3
4	Google 313,003.9	Microsoft 344,458.8	Google 361,998.4	Berkshire Hathaway 370,652.6
5	Berkshire Hathaway 308,090.6	Berkshire Hathaway 312,216.7	Berkshire Hathaway 340,055.0	Google 329,768.5
6	Johnson & Johnson 277,826.2	Johnson & Johnson 276,837.0	Johnson & Johnson 300,614.2	PetroChina 305,536.1
7	Wells Fargo 261,217.5	Wells Fargo 261,217.5	Wells Fargo 270,782.4	Johnson & Johnson 292,702.8
8	General Electric 259,547.3	Royal Dutch Shell 269,563.4	General Electric 257,068.4	Wells Fargo 284,385.6
9	Hoffmann-La Roche 258,542.1	General Electric 263,529.6	Novartis 255,326.4	Wal-Mart 276,807.4
10	Walmart 246,805.7	Hoffmann-La Roche 256,322.8	Hoffmann-La Roche 254,543.8	ICBC 271,146.1

2013

This Financial Times Global 500–based list is up to date as of December 31, 2013. Indicated changes in market value are relative to the previous quarter.

Rank
1	Apple Inc. 415,683.3	Exxon Mobil 401,729.8	Apple Inc. 433,099.6	Apple Inc. 504,770.8
2	Exxon Mobil 403,733.1	Apple Inc. 372,202.3	Exxon Mobil 378,716.2	Exxon Mobil 442,142.8
3	Berkshire Hathaway 256,801.8	Microsoft 288,488.8	Berkshire Hathaway 280,001.5	Microsoft 312,297.3
4	PetroChina 254,618.7	Berkshire Hathaway 276,548.5	Microsoft 277,220.9	Google 310,079.1
5	Wal-Mart 246,373.3	Wal-Mart 244,079.4	Johnson & Johnson 244,298.5	Berkshire Hathaway 292,396.0
6	General Electric 239,775.6	Johnson & Johnson 241,170.9	General Electric 243,290.4	General Electric 283,589.8
7	Microsoft 239,602.3	General Electric 239,787.2	Wal-Mart 240,773.3	Johnson & Johnson 258,415.4
8	IBM 237,724.7	Google 238,688.6	Google 237,479.4	Wal-Mart 254,622.8
9	Nestlé 233,792.1	Chevron Corporation 229,402.6	Chevron Corporation 234,740.8	Hoffmann-La Roche 241,368.0
10	Chevron Corporation 230,831.2	ICBC 226,879.8	Hoffmann-La Roche 232,495.2	Chevron Corporation 240,223.4

2012

This Financial Times Global 500–based list is up to date as of December 31, 2012. Indicated changes in market value are relative to the previous quarter.

Rank
1	Apple Inc. 559,002.1	Apple Inc. 546,076.1	Apple Inc. 625,348.1	Apple Inc. 500,610.7
2	Exxon Mobil 408,777.4	Exxon Mobil 400,139.1	Exxon Mobil 422,127.5	Exxon Mobil 394,610.9
3	PetroChina 278,968.4	PetroChina 257,685.8	PetroChina 253,853.3	PetroChina 264,833.4
4	Microsoft 270,644.1	Microsoft 256,982.4	Microsoft 249,489.8	BHP Billiton 247,409.0
5	IBM 241,754.6	Wal-Mart 235,900.3	Wal-Mart 248,074.4	ICBC 236,457.9
6	ICBC 236,335.4	IBM 225,598.5	General Electric 239,791.2	China Mobile 234,040.2
7	Royal Dutch Shell 222,425.1	General Electric 220,806.3	IBM 237,068.4	Wal-Mart 228,245.4
8	China Mobile 220,978.9	China Mobile 219,481.3	Chevron Corporation 228,707.1	Samsung Electronics 227,581.8
9	General Electric 212,317.7	Royal Dutch Shell 217,048.2	China Mobile 222,817.8	Microsoft 224,801.0
10	Chevron Corporation 211,950.6	ICBC 211,196.0	Royal Dutch Shell 222,669.6	Royal Dutch Shell 222,669.6

2011

This Financial Times Global 500–based list is up to date as of December 31, 2011. Indicated changes in market value are relative to the previous quarter.

Rank
1	Exxon Mobil 417,166.7	Exxon Mobil 400,884.5	Apple Inc. 353,518.1	Exxon Mobil 406,272.1
2	PetroChina 326,199.2	Apple Inc. 310,412.3	Exxon Mobil 353,135.2	Apple Inc. 376,410.6
3	Apple Inc. 321,072.1	PetroChina 303,649.9	PetroChina 276,473.9	PetroChina 276,844.9
4	ICBC 251,078.1	ICBC 246,850.5	IBM 208,843.5	Royal Dutch Shell 236,677.0
5	Petrobras 247,417.6	BHP Billiton 233,626.5	Microsoft 208,534.9	ICBC 228,168.1
6	BHP Billiton 247,079.5	Royal Dutch Shell 225,122.8	ICBC 206,021.4	Microsoft 218,380.1
7	China Construction Bank 232,608.6	Microsoft 219,251.9	China Mobile 198,778.7	IBM 216,724.4
8	Royal Dutch Shell 226,128.7	Nestlé 215,017.5	Royal Dutch Shell 197,061.1	Chevron Corporation 211,893.9
9	Chevron Corporation 215,780.6	Petrobras 210,111.4	Nestlé 191,115.6	Wal-Mart 204,659.8
10	Microsoft 213,336.4	IBM 207,781.4	Chevron Corporation 185,456.1	China Mobile 196,148.4

2000–2010

Click on [show] right to reveal information for 2000–2010

2010

This Financial Times Global 500–based list is up to date as of December 31, 2010. Indicated changes in market value are relative to the previous quarter.

Rank
1	PetroChina 329,259.7	Exxon Mobil 291,789.1	Exxon Mobil 314,622.5	Exxon Mobil 368,711.5
2	Exxon Mobil 316,230.8	PetroChina 268,504.8	PetroChina 270,889.9	PetroChina 303,273.6
3	Microsoft 256,864.7	Apple Inc. 228,876.8	Apple Inc. 259,223.4	Apple Inc. 295,886.3
4	ICBC 246,419.8	ICBC 211,258.7	Petrobras 220,616.5	BHP Billiton 243,540.3
5	Apple Inc. 213,096.7	Microsoft 201,655.8	ICBC 213,364.1	Microsoft 238,784.5
6	BHP Billiton 209,935.1	China Mobile 201,471.2	Microsoft 210,676.4	ICBC 233,369.1
7	Wal-Mart 209,000.7	Berkshire Hathaway 197,356.8	China Mobile 205,339.6	Petrobras 229,066.6
8	Berkshire Hathaway 200,620.5	China Construction Bank 189,170.7	Berkshire Hathaway 204,792.0	China Construction Bank 222,245.1
9	General Electric 194,246.2	Wal-Mart 178,322.7	China Construction Bank 202,998.4	Royal Dutch Shell 208,593.7
10	China Mobile 192,998.6	Procter & Gamble 172,736.5	BHP Billiton 196,866.0	Nestlé 203,534.3

2009

This Financial Times Global 500–based list is up to date as of December 31, 2009. Indicated changes in market value are relative to the previous quarter.

Rank
1	Exxon Mobil 336,527	PetroChina 366,662.9	Exxon Mobil 329,725	PetroChina 353,140.1
2	PetroChina 287,185	Exxon Mobil 341,140.3	PetroChina 325,097.5	Exxon Mobil 323,717.1
3	Wal-Mart 204,365	ICBC 257,004.4	ICBC 237,951.5	Microsoft 270,635.4
4	ICBC 187,885	Microsoft 211,546.2	Microsoft 229,630.7	ICBC 268,956.2
5	China Mobile 174,673	China Mobile 200,832.4	HSBC 198,561.1	Wal-Mart 203,653.6
6	Microsoft 163,320	Wal-Mart 188,752.0	China Mobile 195,680.4	China Construction Bank 201,436.1
7	AT&T 148,511	China Construction Bank 182,186.7	Wal-Mart 189,331.6	BHP Billiton 201,248
8	Johnson & Johnson 145,481	Petrobras 165,056.9	Petrobras 189,027.7	HSBC 199,254.9
9	Royal Dutch Shell 138,999	Johnson & Johnson 156,515.9	China Construction Bank 186,816.7	Petrobras 199,107.9
10	Procter & Gamble 138,013	Royal Dutch Shell 156,386.7	Royal Dutch Shell 175,986.1	Apple Inc. 189,801.7

2008

This Financial Times Global 500–based list is up to date as of December 31, 2008. Indicated changes in market value are relative to the previous quarter.

Rank
1	Exxon Mobil 452,505	Exxon Mobil 465,652	Exxon Mobil 403,366	Exxon Mobil 406,067
2	PetroChina 423,996	PetroChina 341,140.3	PetroChina 325,097.5	PetroChina 259,836
3	General Electric 369,569	ICBC 257,004.4	ICBC 237,951.5	Wal-Mart 219,898
4	Gazprom 299,764	Microsoft 211,546.2	Microsoft 229,630.7	China Mobile 201,291
5	China Mobile 298,093	China Mobile 200,832.4	HSBC 198,561.1	Procter & Gamble 184,576
6	ICBC 277,236	Wal-Mart 188,752.0	China Mobile 195,680.4	ICBC 173,930
7	Microsoft 264,132	China Construction Bank 182,186.7	Wal-Mart 189,331.6	Microsoft 172,929
8	AT&T 231,168	Petrobras 165,056.9	Petrobras 189,027.7	AT&T 167,950
9	Royal Dutch Shell 220,110	Johnson & Johnson 156,515.9	China Construction Bank 186,816.7	Johnson & Johnson 166,002
10	Procter & Gamble 215,640	Royal Dutch Shell 156,386.7	Royal Dutch Shell 175,986.1	General Electric 161,278

2007

This Financial Times–based list is up to date as of December 31, 2007. Indicated changes in rank and market value are relative to the previous quarter.

Rank
1	Exxon Mobil 429,567	Exxon Mobil 472,519	Exxon Mobil 513,362	Petrochina 723,952
2	General Electric 363,611	General Electric 393,831	General Electric 424,191	Exxon Mobil 511,887
3	Microsoft 272,912	Microsoft 281,934	China Mobile 327,937	General Electric 374,637
4	Citigroup 252,857	Royal Dutch Shell 266,141	ICBC 279,269	China Mobile 354,120
5	AT&T 246,206	AT&T 255,871	Microsoft 276,202	ICBC 338,989
6	Gazprom 245,911	Citigroup 253,703	Royal Dutch Shell 264,397	Microsoft 333,054
7	Toyota Motor Corporation 230,832	Gazprom 245,757	Gazprom 260,249	Gazprom 329,591
8	Bank of America 228,177	BP 231,491	AT&T 258,047	Royal Dutch Shell 269,544
9	ICBC 224,788	Toyota Motor Corporation 228,009	Citigroup 232,162	AT&T 252,051
10	Royal Dutch Shell 214,018	Bank of America 216,963	Bank of America 223,066	Sinopec 249,645

2006

Fourth quarter This Financial Times–based list is up to date as of December 2006.^[67] Indicated changes in rank and market value are relative to the previous quarter.

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	Exxon Mobil	United States	Oil and gas	446,943
2	General Electric	United States	Conglomerate	383,564
3	Microsoft	United States	Software industry	293,537
4	Citigroup	United States	Banking	273,691
5	Gazprom	Russia	Oil and gas	271,482
6	Industrial and Commercial Bank of China	China	Banking	254,592
7	Toyota Motor Corporation	Japan	Automotive	241,161
8	Bank of America	United States	Banking	239,758
9	Royal Dutch Shell	The Netherlands	Oil and gas	225,781
10	BP	United Kingdom	Oil and gas	218,643

Third quarter This Financial Times–based list is up to date as of 30 September 2006.^[68] Indicated changes in rank and market value are relative to the previous quarter.

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	Exxon Mobil	United States	Oil and gas	398,906
2	General Electric	United States	Conglomerate	364,414
3	Microsoft	United States	Software industry	272,679.0
4	Gazprom	Russia	Oil and gas	254,634.3
5	Citigroup	United States	Banking	246,727
6	Bank of America	United States	Banking	242,451
7	Royal Dutch Shell	The Netherlands	Oil and gas	216,368
8	BP	United Kingdom	Oil and gas	215,623
9	HSBC	United Kingdom	Banking	209,774
10	Pfizer	United States	Health care	206,785

Second quarter This Financial Times–based list is up to date as of 30 June 2006.^[69] Indicated changes in rank and market value are relative to the previous quarter.

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	Exxon Mobil	United States	Oil and gas	371,187
2	General Electric	United States	Conglomerate	342,731
3	Gazprom	Russia	Oil and gas	246,341
4	Citigroup	United States	Banking	239,862
5	Microsoft	United States	Software industry	237,688
6	BP	United Kingdom	Oil and gas	233,151
7	Royal Dutch Shell	The Netherlands	Oil and gas	224,925
8	Bank of America	United States	Banking	219,504
9	HSBC	United Kingdom	Banking	201,854
10	Wal-Mart	United States	Retail	200,762

First quarter This Financial Times–based list is up to date as of March 2006.^[70] Indicated changes in rank and market value are relative to the previous quarter.

Rank	Name	Headquarters	Industry	Market value (USD million)
1	Exxon Mobil	United States	Oil and gas	371,631
2	General Electric	United States	Conglomerate	362,527
3	Microsoft	United States	Software industry	281,171
4	Citigroup	United States	Banking	238,935
5	BP	United Kingdom	Oil and gas	233,260
6	Bank of America	United States	Banking	211,706
7	Royal Dutch Shell	The Netherlands	Oil and gas	211,280
8	Wal-Mart	United States	Retail	196,860
9	Toyota Motor Corporation	Japan	Automotive	196,731
10	Gazprom	Russia	Oil and gas	196,339

2004

This Financial Times–based list is up to date as of 31 March 2005.^[71]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	382,233
2	Exxon Mobil	United States	Oil and gas	380,567
3	Microsoft	United States	Software industry	262,975
4	Citigroup	United States	Banking	234,437
5	BP	United Kingdom	Oil and gas	221,365
6	Wal-Mart	United States	Retail	212,209
7	Royal Dutch Shell	The Netherlands	Oil and gas	210,630
8	Johnson & Johnson	United States	Health care	199,711
9	Pfizer	United States	Health care	195,945
10	Bank of America	United States	Banking	178,765

2003

This Financial Times–based list is up to date as of 31 March 2004.^[72]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	299,336
2	Microsoft	United States	Software industry	271,911
3	Exxon Mobil	United States	Oil and gas	263,940
4	Pfizer	United States	Health care	261,616
5	Citigroup	United States	Banking	259,191
6	Wal-Mart	United States	Retail	258,888
7	American International Group	United States	Insurance	183,696
8	Intel Corporation	United States	Computer hardware	179,996
9	BP	United Kingdom	Oil and gas	174,648
10	HSBC	United Kingdom	Banking	163,574

2002

This Financial Times–based list is up to date as of 31 March 2003.^[73]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	Microsoft	United States	Software industry	264,003
2	General Electric	United States	Conglomerate	259,647
3	Exxon Mobil	United States	Oil and gas	241,037
4	Wal-Mart	United States	Retail	234,399
5	Pfizer	United States	Health care	195,948
6	Citigroup	United States	Banking	183,887
7	Johnson & Johnson	United States	Health care	170,417
8	Royal Dutch Shell	The Netherlands	Oil and gas	149,034
9	BP	United Kingdom	Oil and gas	144,381
10	IBM	United States	Computer software, Computer hardware	139,272

2001

This Financial Times–based list is up to date as of 31 March 2002.^[74]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	372,089
2	Microsoft	United States	Software industry	326,639
3	Exxon Mobil	United States	Oil and gas	299,820
4	Wal-Mart	United States	Retail	273,220
5	Citigroup	United States	Banking	255,299
6	Pfizer	United States	Health care	249,021
7	Intel Corporation	United States	Computer hardware	203,838
8	BP	United Kingdom	Oil and gas	200,794
9	Johnson & Johnson	United States	Health care	197,912
10	Royal Dutch Shell	The Netherlands	Oil and gas	189,913

2000

This Financial Times–based list is up to date as of 31 March 2001.^[75]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	477,406
2	Cisco Systems	United States	Networking hardware	304,699
3	Exxon Mobil	United States	Oil and gas	286,367
4	Pfizer	United States	Health care	263,996
5	Microsoft	United States	Software industry	258,436
6	Wal-Mart	United States	Retail	250,955
7	Citigroup	United States	Banking	250,143
8	Vodafone	United Kingdom	Telecommunications	227,175
9	Intel Corporation	United States	Computer hardware	227,048
10	Royal Dutch Shell	The Netherlands	Oil and gas	206,340

1996–1999

Click on [show] right to reveal information for 1996–1999

1999

This Financial Times–based list is up to date as of 31 March 2000.^[76]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	Microsoft	United States	Software industry	586,197
2	General Electric	United States	Conglomerate	474,956
3	NTT DoCoMo	Japan	Telecommunications	366,204
4	Cisco Systems	United States	Networking hardware	348,965
5	Wal-Mart	United States	Retail	286,153
6	Intel Corporation	United States	Computer hardware	277,096
7	Nippon Telegraph and Telephone	Japan	Telecommunications	274,905
8	Exxon Mobil	United States	Oil and gas	265,894
9	Lucent Technologies	United States	Telecommunications	237,668
10	Deutsche Telekom	Germany	Telecommunications	209,628

1998

This Financial Times–based list is up to date as of 30 September 1998.^[77]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	Microsoft	United States	Software industry	271,854
2	General Electric	United States	Conglomerate	258,871
3	Exxon Mobil	United States	Oil and gas	172,213
4	Royal Dutch Shell	The Netherlands	Oil and gas	164,157
5	Merck	United States	Health care	154,753
6	Pfizer	United States	Health care	148,074
7	Intel Corporation	United States	Computer hardware	144,060
8	The Coca-Cola Company	United States	Beverage	142,164
9	Wal-Mart	United States	Retail	123,062
10	IBM	United States	Software industry, Computer hardware	121,184

1997

This Financial Times–based list is up to date as of 30 September 1997.^[78]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	222,748
2	Royal Dutch Shell	The Netherlands	Oil and gas	191,002
3	Microsoft	United States	Software industry	159,660
4	Exxon Mobil	United States	Oil and gas	157,970
5	The Coca-Cola Company	United States	Beverage	151,288
6	Intel Corporation	United States	Computer hardware	150,838
7	Nippon Telegraph and Telephone	Japan	Telecommunications	146,139
8	Merck	United States	Health care	120,757
9	Toyota Motor Corporation	Japan	Automotive	116,585
10	Novartis	Switzerland	Health care	104,468

1996

This Financial Times–based list is up to date as of 30 September 1996.^[79]

Rank	Name	Headquarters	Primary industry	Market value (USD million)
1	General Electric	United States	Conglomerate	136,515
2	Royal Dutch Shell	The Netherlands	Oil and gas	128,206
3	The Coca-Cola Company	United States	Beverage	117,258
4	Nippon Telegraph and Telephone	Japan	Telecommunications	113,609
5	Exxon Mobil	United States	Oil and gas	102,161

Non-public companies

This Financial Times Non-Public 150 based list is up to date as of December, 2006. All companies in top 10 are government-owned corporations. Figures are in USD millions.

Rank	2006 ^[80]
1		State-owned Assets Supervision and Administration Commission of the State Council 1,560,000^[81]
2		Saudi Aramco 781,000
3		Pemex 415,000
4		Petróleos de Venezuela 388,000
5		Kuwait Petroleum Corporation 378,000
6		Petronas 232,000
7		Sonatrach 224,000
8		National Iranian Oil Company 220,000
9		Japan Post (priv. 2007) 156,000
10		Pertamina 140,000

Notes

1 2 3 4 5 6 7 8 9 Note that in case some companies with multiple classes of stock only one class is considered.

References

↑ Staff, Investopedia (2004-01-07). "Market Capitalization Defined". Investopedia. Retrieved 2017-05-30.
↑ "FT 500 2015 Introduction and methodology". Financial Times.
↑ Thomas, Ryland; Williamson, Samuel H. (2018). "What Was the U.S. GDP Then?". MeasuringWorth. Retrieved January 5, 2018. United States Gross Domestic Product deflator figures follow the Measuring Worth series.
↑ Microsoft_2000 Annual Report Quarterly Information. Microsoft.com. Retrieved on 2013-10-16.
↑ NASDAQ | SEC Filing. Secfilings.nasdaq.com. Retrieved on 2013-10-16.
↑ Graeme Wearden. "PetroChina makes its debut as world's first trillion-dollar firm". the Guardian.
↑ "PetroChina opens at 48.6 yuan per share in Shanghai debut, up 191%".
↑ "Apple market value hits $600B". Yahoo Finance. 10 April 2012.
↑ "Apple Q3 2018 Results" (PDF). 1 August 2018.
1 2 3 "Apple Market Cap". ycharts.com. Retrieved 2018-06-30.
1 2 3 4 "Amazon.com Cap". ycharts.com. Retrieved 2018-03-31.
1 2 3 4 "Microsoft Market Cap". ycharts.com. Retrieved 2018-03-31.
1 2 3 4 5 6 7 8 9 10 11 12 "Alphabet Market Cap (GOOG)". ycharts.com. Retrieved 2017-03-31.
↑ "Alphabet Inc. Market Cap Class A". ycharts.com. Retrieved 2018-09-30.
1 2 3 "Tencent Holdings Market Cap". Retrieved 2018-06-30.
1 2 3 4 "Facebook Market Cap". ycharts.com. Retrieved 2018-03-31.
1 2 3 4 5 6 7 8 9 10 11 12 13 "Berkshire Hathaway". ycharts.com. Retrieved 2018-03-31.
1 2 3 4 5 "Alibaba Group Holding Market Cap (BABA)". ycharts.com. Retrieved 2018-03-31.
1 2 3 4 "JPMorgan Chase Market Cap". ycharts.com. Retrieved 2018-03-31.
1 2 3 "Johnson & Johnson Market Cap". ycharts.com. Retrieved 2018-03-31.
↑ "Exxon Mobil Market Cap". Retrieved 2018-06-30.
↑ "Financial Times FT500 2017-04-01".
↑ "Financial Times FT500 2017-06-30".
↑ "Financial Times FT500 2017-09-29".
1 2 "Tencent and Alibaba top Asia's market cap ranking in 2017". nikkei.com. Retrieved 2018-01-23.
↑ "Financial Times FT500 2016-03-31".
↑ "Financial Times FT500 2016-06-16".
↑ "Financial Times FT500 2016-09-30".
↑ "Financial Times FT500 2016-12-31".
↑ "Financial Times".
↑ "Financial Times".
↑ "FT500".
↑ "FT500".
↑ 376,801.4 if unlisted classes of shares included, see http://im.ft-static.com/content/images/b2a77270-169d-11e5-b07f-00144feabdc0.xls
↑ "Financial Times".
↑ "Financial Times".
↑ "Financial Times".
↑ "Financial Times".
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times Global 500 December 2012" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Financial Times" (PDF).
↑ "Help - FT Help - FT.com What happened to Press Cuttings?" (PDF). specials.ft.com.
↑ "FT.com / Search".
↑ "Help - FT Help - FT.com What happened to Press Cuttings?" (PDF). specials.ft.com.
↑ "Help - FT Help - FT.com What happened to Press Cuttings?" (PDF). specials.ft.com.
↑ "Help - FT Help - FT.com What happened to Press Cuttings?". specials.ft.com.
↑ "Help - FT Help - FT.com What happened to Press Cuttings?". specials.ft.com.
↑ "Help - FT Help - FT.com What happened to Press Cuttings?". specials.ft.com.
↑ Financial Times, January 22, 1998
↑ Financial Times, January 1997
↑ "FT Non-Public 150 - the full list". Financial Times.
↑ Aguiar, Marcos (December 1, 2007). "SASAC: China's Megashareholder". bcg.perspectives. Boston Consulting Group. Retrieved 2017-04-08.

Extreme Wealth
Concepts	Billionaires Capital accumulation Distribution of wealth Dynastic wealth Economic inequality Geography and wealth High-net-worth individual UHNWI Millionaires National wealth Oligarchy Overaccumulation Paper wealth Plutocracy Plutonomy Wealth Wealth concentration Wealth effect Wealth management Wealth and religion Wealth tax
Lists of people	Female billionaires‎ Wealthiest Americans Richest royals Wealthiest families Wealthiest historical figures Forbes list of billionaires
Lists of organizations	Companies by profit and loss Largest companies by revenue Largest financial services companies by revenue Largest manufacturing companies by revenue Public corporations by market capitalization Wealthiest organizations
Other lists	Cities by number of billionaires Countries by number of billionaires Most expensive things Wealthiest animals
See also	Business magnate Business oligarch Philanthropy The Giving Pledge The rich get richer and the poor get poorer Upper class Nouveau riche Vieux riche Religion and poverty