According to various media reports, Amazon plans to lay off up to 30,000 corporate employees starting on October 28 in order to reduce costs and make up for hiring too many staff during the pandemic’s peak demand. The number is close to 10% of Amazon’s around 350,000 corporate employees, although it only makes up a small portion of the company’s 1.55 million total workforce.
This would be Amazon’s biggest layoff since it began laying off over 27,000 employees in late 2022. Over the past two years, Amazon has reduced the number of employees across a number of businesses, including podcasts, devices, and communications. A number of divisions might be impacted by the layoffs that start this week, including operations, devices and services; Amazon Web Services; and human resources, often known as People Experience and Technology, or PXT.
Amazon CEO Calling the Move ‘Excess of Bureaucracy’
Andy Jassy, the CEO of Amazon, is taking steps to cut back on what he has called too much bureaucracy, including by laying off managers. Earlier this year, he added, he set up an anonymous complaint line to find inefficiencies, which has resulted in almost 1,500 responses and more than 450 process modifications. In June, Jassy predicted that more job losses would probably result from the growing usage of AI tools, especially when it comes to automating repetitive and routine jobs. It wasn’t immediately clear how many jobs would be cut in this round.
According to those with knowledge of the situation, the figure may fluctuate over time as Amazon’s financial priorities alter. According to a previous Fortune story, a 15% reduction might be applied to the human resources department. It wasn’t immediately clear how many jobs would be cut in this round. According to those with knowledge of the situation, the figure may fluctuate over time as Amazon’s financial priorities alter.
As per previous Fortune story, a 15% reduction might be applied to the human resources department. Another reason for the severity of the layoffs, according to two of the sources, is that a programme that was started early this year to get workers back to work five days a week—one of the strictest in the tech industry—has not produced enough attrition. Because they reside far from the business’s headquarters or for other reasons, some employees who don’t swipe in every day are being told they have voluntarily left Amazon and must go without severance pay, which saves the company money.
Layoffs a New Trend in Tech Sector: Layoffs.fyi
According to a website that tracks tech job cuts, Layoffs.fyi, 216 companies have shed roughly 98,000 workers so far this year. It came to 153,000 for the entire year 2024. AWS, the cloud computing division of Amazon, announced second-quarter revenues of $30.9 billion, a 17.5% increase that was far less than the 39% and 32% gains for Microsoft’s Azure and Alphabet’s Google Cloud, respectively.
AWS’s third-quarter revenues are expected to have increased by roughly 18% to $32 billion, which is a modest slowdown from the 19% increase in the previous year. Many of the most well-known online applications, including Snapchat and Venmo, were taken offline during a 15-hour internet outage last week, leaving AWS still in shock.
It looks like Amazon is anticipating another strong holiday shopping season. Like in the previous two years, it intends to provide 250,000 seasonal jobs to assist in staffing warehouses and other needs.
Quick Shots
•Amazon to lay off up to 30,000 corporate employees
starting October 28, 2025.
•Represents about 10% of its 350,000 corporate staff
but a small share of its 1.55 million total workforce.
•Marks Amazon’s largest layoff since 2022, when
27,000 employees were cut.
•Amazon aims at reducing costs and correcting
over-hiring during pandemic demand surge.
According to reports, Alphabet, the parent company of Google, is in advanced negotiations to move some of the manufacturing of its Pixel smartphones from Vietnam to India. According to a media report, two weeks ago, Alphabet concluded the initial round of talks with its contract manufacturers, Foxconn and Dixon Technologies.
A media house has also been informed by two industry officials that the corporation intends to localise the production of certain smartphone components, including batteries, chargers, fingerprint sensors, and enclosures. The majority of components are currently imported from the United States. Since President Donald Trump imposed significant tariffs on Vietnam, the Pixel manufacturer intends to be on the safer side.
Trade War Between the US and Vietnam Calling for the Shift
While the United States announced a 46% duty on Vietnamese imports, India is subject to a far lower rate of 26%. The 10% baseline tariffs remain in effect even though Trump declared on April 9 that reciprocal duties would be suspended for 90 days.
However, China had no reprieve. The Trump-led administration maintained the 145% penalty on the Asian economic powerhouse as a form of retribution against the US reciprocal tariff policy, even though other countries were excluded from it. In 2023, the firm announced that it would start producing its Pixel 8 series smartphones in India.
A year later, it signed a contract with Dixon Technologies, a local contract manufacturer, to begin production. Last year, the multinational tech giant began negotiations with Foxconn to build its Pixel series.
Google and Apple Locking Horns on India
At the time of Google’s partnership with Dixon, it was determined that the contract manufacturer would produce one lakh Pixel smartphones in the country each month. Out of those, approximately 25% to 30% of the units are scheduled for export.
Foxconn has been producing 43,000 to 45,000 units per month for Alphabet, according to a media report. This initiative coincides with rival Apple’s plans to boost its iPhone manufacture in India. The goal of Foxconn, the Indian contract maker of iPhones, is to boost production from 12 million to 25 million handsets. The nation’s electronic manufacturing sector is poised to grow into a massive potential.
At the moment, the nation produces roughly 33 crore mobile phones. As per the Economic Survey 2024-25, India has reduced its dependency on imports of cellphones since 99% of them are manufactured in India alone.
Some Pixel units are manufactured in China in addition to Vietnam and India. In an attempt to lessen its dependency on Chinese manufacturing, Google moved the production of Pixels to Vietnam in 2023, mostly through Foxconn and Compal. According to reports, last year almost half of all high-end Pixel models were put together in Vietnam.
In the dynamic world of today’s global economy, an extraordinary group of companies has achieved a remarkable milestone: achieving trillion-dollar valuations. These exceptional companies stand at the forefront of success and influence, leaving an incredible impact on industries and economies around the globe. From groundbreaking technological innovators to game-changing industry disruptors, these companies serve as living proof of the limitless possibilities that business holds in the modern era.
In this article, we’ll explore the list of trillion-dollar companies in the world, exploring their incredible achievements.
A trillion-dollar company is a remarkable achievement in the business world. It refers to a company that has surpassed a market capitalization or valuation of $1 trillion. This milestone represents immense size, exceptional success, and significant influence within the global economy. Companies like Apple, Microsoft, Amazon, and Alphabet symbolize trillion-dollar entities that have achieved remarkable financial success, transformed industries, and impacted our daily lives. Being a trillion-dollar company signifies an extraordinary level of accomplishment and places these companies in a league of their own.
The Trillion-Dollar Companies Club
Which was the First Trillion-Dollar Company?
PetroChina was the first trillion-dollar company in the world. On its first day of trading on the Shanghai Stock Exchange on November 5, 2007, it reached a market capitalization of $1 trillion. However, the corporation only held the level for a short time.
The first trillion-dollar US company was Apple, which hit that level on August 4, 2018. Since then, other companies have joined the club: Amazon, Microsoft, Saudi Aramco, and Alphabet. Saudi Aramco is a notable exception on an otherwise primarily American-dominated leaderboard.
List of Trillion-Dollar Companies in the World
Below is the list of all the trillion-dollar companies in the world:
Apple surprised a few and became the first trillion-dollar company in the US. By 2018, it had already been listed among Fortune’s World’s Most Powerful 50 companies for several years running; but that didn’t last long as Apple sunk below $800 billion by 2019, thanks in part to the US stock market, which has plagued many American enterprises over that past year. However, the stock rose in 2019, and the company’s market capitalization reached $1.3 trillion in early December.
The company became the first one in the United States to reach a valuation of $2 trillion on August 19, 2020; on Jan. 3, 2022, Apple became the first U.S. company to reach $3 trillion. Apple’s market capitalization is higher than the GDP of entire countries like Italy, Canada, Australia, and Brazil.
Apple’s remarkable journey in the stock market highlights its resilience and ability to bounce back, setting unprecedented market milestones that have solidified its position as a global powerhouse.
How Apple, Microsoft, and Amazon Hit a $1 Trillion Valuation
NVIDIA
Company Name
NVIDIA Corp. (NVDA)
Headquarters
Santa Clara, California, United States
Founder
Jensen Huang, Chris Malachowsky, Curtis Priem
Founded
1993
NVIDIA – Trillion-Dollar Companies in the World
NVIDIA, a popular technology giant renowned for its advanced graphical processor units (GPUs), has accomplished an extraordinary feat by entering the exclusive trillion-dollar club on May 30, 2023.
With a strong dedication to its AI-driven business, NVIDIA has witnessed consistent growth in recent years. The surge of interest and investments in the AI sector within the past six months has further boosted NVIDIA’s success, increasing its sales to unprecedented heights and playing a pivotal role in achieving its trillion-dollar valuation. NVIDIA’s market cap has seen fluctuations since it entered the trillion-dollar club, but it continues to remain a strong player in the market.
Microsoft
Company Name
Microsoft Corp. (MSFT)
Headquarters
Redmond, Washington, United States
Founder
Bill Gates, Paul Allen
Founded
1975
Microsoft – Trillion-Dollar Companies in the World
In April 2019, Microsoft became a trillion-dollar company, reaching the mark of $1 trillion in valuation. This significant milestone solidified Microsoft’s position as one of the most valuable and influential technology companies in the world.
During the last half of 2020, Microsoft became one of only three companies in the trillion-dollar club. Much like its competitors, Amazon and Apple, who also saw great success with their cloud computing services, Azure helped fuel much faster growth rates for them as well.
Alphabet, the parent company of Google, is another prominent name on the list of trillion-dollar companies in the world. It became the fourth US tech company to reach the $1 trillion club in January 2020. Shortly after, Amazon regained its one trillion-dollar market cap — the first time that four US tech stocks had reached that level at the same time.
Alphabet’s journey to trillion-dollar status reflects its unrivaled dominance in the digital landscape, driven by its innovative technologies, diverse portfolio, and extensive global reach. With Google’s search engine at its core, Alphabet continues to redefine industries, leverage emerging technologies, and shape the future of information and connectivity.
Saudi Aramco
Company Name
Saudi Arabian Oil Company (Saudi Aramco or Aramco, 2222.SR)
Headquarters
Dhahran, Saudi Arabia
Founder
NA
Founded
1933
Saudi Aramco – Trillion-Dollar Companies in the World
Aramco’s foundation dates back to 1933 when the government of Saudi Arabia and the Standard Oil Company of California (SOCAL) signed a concession agreement.
Saudi Aramco broke two records on its first day of trading in December 2019; the company hit the trillion-dollar mark on its very first day of trading, making it the biggest IPO in history. Aramco’s second record-breaking performance came the next day when its market value soared over $2 trillion.
Aramco is the only company in this club with a listing outside the US. It’s currently traded on Saudi Arabia’s stock exchange, making shares next to impossible for non-institutional investors who would like to invest in this lucrative market opportunity.
Amazon
Company Name
Amazon.com, Inc.(AMZN)
Headquarters
Seattle, Washington, United States
Founder
Jeff Bezos
Founded
1994
Amazon – Trillion-Dollar Companies in the World
Amazon hit the $1 trillion mark a month after Apple, but it was also severely affected by the 2018 market slump. However, it only took them until January 2020 when they surpassed analyst expectations with their earnings and revealed that Amazon has 150 million members in its Prime subscription service.
Over the past few years, Amazon’s value has experienced exponential growth, and its success has propelled the company founder Jeff Bezos’s net worth towards surpassing $100 billion.
Amazon has solidified its position among the top companies with its trillion-dollar market cap, thanks to its relentless growth, unparalleled customer service, and an ever-growing catalog with products from nearly every genre imaginable.
Meta
Company Name
Meta Platforms, Inc. (META)
Headquarters
Menlo Park, California, United States
Founder
Mark Zuckerberg, Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, Chris Hughes
Founded
2004
Meta – Trillion-Dollar Companies in the World
Meta, formerly Facebook, briefly entered the trillion-dollar realm in terms of market valuation for approximately three months in 2021. However, similar to Tesla, Meta’s valuation later decreased, leading to its departure from the trillion-dollar club. Despite these fluctuations, Meta remains a significant force in the tech industry, driving innovation and shaping the digital landscape with its social media platforms and technological advancements.
Recently, in January 2024, Meta’s market cap once again surpassed $1 trillion. This achievement marks Meta’s return to the trillion-dollar company club after a period of recovery in 2023.
Berkshire Hathaway
Company Name
Berkshire Hathaway (BRK-B)
Headquarters
Omaha, Nebraska, United States
Founder
Oliver Chace
Founded
1839
Berkshire Hathaway – Trillion-Dollar Companies in the World
Berkshire Hathaway, led by Warren Buffett, reached a $1 trillion market valuation for the first time on August 28, 2024. This makes it the first U.S. company outside the tech sector to join the elite trillion-dollar club, alongside tech giants like Apple, Microsoft, Nvidia, and others. Berkshire’s wide range of insurance, energy, manufacturing, retail, and service businesses earned $22.8 billion in profit during the first half of 2024. These businesses include Geico car insurance, BNSF Railway, Berkshire Hathaway Energy, Brooks running shoes, Dairy Queen ice cream, Ginsu knives, the World Book encyclopedia, and more.
Buffett, who took over in the 1960s, turned the company into a strong and stable empire. Despite being an “old-economy” company, Berkshire’s smart investments, including in Apple, have played a big role in its impressive growth.
Company That Touched the Trillion-Dollar Mark
Tesla briefly joined the exclusive trillion-dollar club and reached unparalleled heights of market valuation:
Tesla
Company Name
Tesla, Inc. (TSLA)
Headquarters
Austin, Texas, United States
Founder
Elon Musk, Martin Eberhard, JB Straubel, Ian Wright, Marc Tarpenning
Founded
2003
Market Cap
$657.29 B (August 2024)
Tesla – Trillion-Dollar Companies in the World
Due to a successful trading day on Monday, October 25th, 2021, Tesla’s market cap surpassed $1 trillion for the first time. Following the announcement of some exciting news from Hertz and Morgan Stanley, their stock jumped 10%.
Tesla, the renowned electric vehicle manufacturer, briefly joined the exclusive trillion-dollar club in terms of market valuation. However, its journey into and out of the trillion-dollar club has been marked by fluctuations. Despite experiencing moments of surpassing the milestone, Tesla’s market value has fallen back. This volatility was evident in April 2022, when Tesla dropped out of the trillion-dollar club. Nonetheless, Tesla’s pioneering efforts in the electric vehicle industry continue to shape the future of transportation and solidify its position as a prominent player in the market.
Which Companies Are Next to Join the Trillion Dollar Club?
Eli Lilly, a major player in pharmaceuticals with its focus on innovative treatments for diabetes and cancer, is a strong contender for the trillion-dollar club. Its long history of success in the healthcare sector positions it well for potential entry.
Taiwan Semiconductor Manufacturing Company (TSMC), a leading chipmaker crucial for technology ranging from smartphones to AI, is also a strong prospect. Despite their significant roles and growing market caps, both companies still have further to go before joining the trillion-dollar club.
However, it’s important to note that being contenders doesn’t guarantee them a spot as the next trillion-dollar companies. The race is still wide open, and only time will tell who will ultimately claim that prestigious title.
The planet is quickly becoming a country with trillion-dollar companies. Till now, only eight companies have been able to reach $1 trillion in value on the planet, and it’s estimated that this number will more than double in the coming years.
The company that will become the next trillion-dollar juggernaut is set for greatness. It doesn’t matter which industry it comes from or where it comes from, and whichever business gets its name on this list will have big shoes to fill because, if history tells us anything at all, it’s not easy to reach that level, and not to mention maintain it.
FAQs
How many trillion-dollar companies are there?
As of August 2024, there are eight trillion-dollar companies, Apple, Nvidia, Amazon, Microsoft, Saudi Aramco, Microsoft, Alphabet, and Berkshire Hathaway.
Is Tesla a trillion-dollar company?
No, Tesla is no longer a trillion-dollar company. It briefly joined the exclusive trillion-dollar club in terms of market valuation.
Is Meta a trillion-dollar company?
Yes, Meta is a trillion-dollar company with a $1.313 trillion market capitalization as of August 2024.
Which was the first trillion-dollar company?
PetroChina was the first company to reach a $1 trillion market value.
The parent company of Google, Alphabet, is reportedly in negotiations to acquire the cyber security startup Wiz for approximately $23 billion. This would be the biggest acquisition that Alphabet has ever made. The talks may not go through because many aspects have not been worked out yet, according to a report from a well-known media outlet. A little over ten years ago, Alphabet paid $12.5 billion to acquire Motorola Mobility.
What is Wiz?
Wiz, with headquarters in New York and founded in 2020, has raised over $2 billion in funding. Assaf Rappaport, an Israeli entrepreneur and former Microsoft executive, is the CEO of this $12 billion firm. Thrive and Sequoia Capital are among its backers. Tel Aviv is home to Wiz’s R&D facilities.
With more and more enterprises storing data and software in the cloud, Wiz assists them in securing their cloud programs. Reports indicate that the company’s yearly recurring revenue has surpassed $350 million.
An agreement to purchase Wiz would rank among the biggest purchases of a company funded by venture capital in history.
This young company claims, on its website, to be “mission-driven to assist organizations in developing safe cloud environments that power their enterprises.” To rephrase, it is a cybersecurity company that aids businesses in protecting themselves from potential dangers when they utilize cloud computing services.
Colgate-Palmolive, AON, IHG Hotels & Resorts, BMW, and many more prominent brands are Wiz customers. In 2023, WIZ introduced its Digital Forensics capabilities, which enable organizations to promptly address threats in contemporary cloud environments by autonomously obtaining forensic-level detail on incidents through a cloud-native approach.
By downloading a forensic investigation package that contains the information needed for the incident’s first evaluation, businesses can quickly access the critical security logs and artifacts of the potentially infected system. Without executing any collection tools or scripts created in-house on the compromised workload, the forensics package is collected in an agentless manner.
Why is Google Showing a Keen Interest in Wiz?
The CEO of Google Cloud, Thomas Kurian, reportedly spearheaded the effort to purchase Wiz, according to a well-known news outlet. According to the article, Kurien and Google are working on a plan to elevate Google Cloud’s cybersecurity offerings.
It is believed that Google would make its largest acquisition to date if the $23 billion deal for Wiz goes through. Before this, in 2011, Google paid an astronomical $12.5 billion to acquire Motorola. The business, however, sold it to Lenovo for $3 billion two years down the road. One such cybersecurity company that Google purchased in 2022 for $5.4 billion was Mandiant.
Not long ago, Alphabet considered acquiring HubSpot, a provider of marketing tools for the web but ultimately opted against it. It looks to be shifting its attention now to strengthening its cybersecurity skills, perhaps through the acquisition of Wiz.
As of yet, neither Alphabet nor Wiz have made any statements about the potential merger. Because of the potential influence on cybersecurity and Alphabet’s bottom line, the IT industry is keeping a careful eye on the outcome of this massive transaction.
Media companies are thriving, especially digital media companies these days. Various advertisements are used to generate revenue by these companies: programmatic advertising, sponsorships, subscriptions, native promotions, and more. Furthermore, a lot of digital media companies are out there growing. Thanks to the increasing number of people using the internet and with the need to keep up with everything, the speed at which the internet works these days is increasing. 5G networks are rolling in offering more and better services.
Advertising, broadcasting and networking, news, print and publication, digital, recording, motion pictures, events, and more, all of these specifications fallunder the umbrella of two words: the media industry, with each having its unique way of working. But in today’s world, with the rapid development of new technology and the internet, the media industry has lived through much change itself. Some companies are revolutionizing how we look at and define media today.
Every company is a media company – David Ogilvy
People will continue to want to stay informed and entertained. Look at the top Media companies that originated in the U.S.
History has witnessed a thirteen-year-old writing his first program on a teletype computer, a tic-tac-toe program in basic computer language purchased for the school by the mother’s club. This company right here does not need any introduction, nor does the co-founder of Microsoft, and philanthropist famous for creating history.
Bill Gates has a history of excelling in his school, getting exemplary grades and scoring 1590 out of 1600 on a Scholastic Aptitude Test. Gates and Paul Allen later bonded in school over their love of computers, and the rest of the story is known to the world. Bill has worked with Steve Jobs and they did get along well. It is one of the lesser-known facts, but Microsoft rescued Apple in the year 1997 from running into bankruptcy.
The organization is believed to be responsible for the emergence of the term “tablet”. It has been experimenting, leading to prototypes for its product designs. Microsoft has gained over 10,000 patents, applying for 3000 more per year. Also well known for its computers and gaming consoles.
Recently there were alleged reports that Microsoft did try to buy Discord and Pinterest this year, and it shows the prominent role of the internet in the area of digital media. Here is a list of companies, right from social media platforms to interactive media companies that fall under the umbrella of Microsoft Corporation.
LinkedIn Corp.
Skype
GitHub
Mojang
aQuantive
ZeniMax Media Inc
Meta (Facebook)
Founder
Mark Elliot Zuckerberg
Founded in
2004
Headquarters
1 Hacker Way, Menlo Park, California
Revenue
$116.6 Bn (2022)
CEO
Mark Elliot Zuckerberg
Biggest Media Company | Meta
The most popular social networking app has rebranded itself as Meta. The most expensive acquisition that Facebook has ever made is that of WhatsApp. Facebook bought it for 19 million in the year 2014. Evolving the way we connect recently, Facebook has also rebranded itself as Meta. Metaverse is further changing how other platforms work as well with virtual and augmented reality.
Facebook has acquired over 90 companies. The count is based on names that the company has disclosed. However, there may be more acquisitions that have not yet been announced.
Some well-known companies acquired by Meta (Facebook) are as follows:
Instagram
Oculus VR
Onavo
Beluga
WhatsApp
Media has taken on a whole new aspect with the introduction of the metaverse. This features virtual and augmented reality and the technologies associated with it that could boom in the coming years.
American Telephone and Telegraph (AT&T)
Founders
Alexander Graham Bell and Gardiner Greene Hubbard
Founded in
1983
Headquarters
Dallas, Texas, U.S.
Revenue
$120.74 Bn (2022)
CEO
John T. Stankey
Biggest Media Company | AT&T
It ranks as the number one and largest communication company in the world by revenue and has over 100+ million U.S. mobile subscribers, according to the report for 2020. It has over 200 million subscribers worldwide. AT&T provides branded telephones, cabling systems, and consumer electronics.
Representing quality in global communications, connecting people with 5G, internet & fiber, technology & innovation, and entertainment with Warner Media and its streaming platform HBO Max. This platform stands out as a strong brand. It is also the first company to offer a 5G network in the USA.
Selling out premium content, which is a plus point to establish deeper relationships with its consumers, with storytelling, in turn, converting them into loyal customers.
Their channel, CNN, reaches over 200 billion people. A deal between Warner Media and Discovery has also been struck to combine content and compete with Netflix and Disney.
AT&T has 98 companies under its umbrella and some of them include:
Providing entertainment to its audience, having a powerful vision and acquisition has got the Walt Disney Company where it is today. Disney also defines the world of animation. Back in 2019, it officially acquired 21st Century Fox. Now the media giant holds under these three categories various companies:
Disney media and entertainment distribution
Disney+, ESPN+, Hulu, Hotstar, Disney Music group
Disney Studios
Studios include Walt Disney Studios; Walt Disney and Pixar Animation Studios, and Pixar Animation Studios. Marvel Studios. Lucasfilm, Disney theatrical group, 20th-century studios. Searchlight Pictures.
General entertainment
20th television studios, ABC entertainment; the ABC-owned television stations group, ABC News, ABC signature, Disney-branded television, freeform, FX, Hulu originals; National Geographic. The Walt Disney Company’s cable channels, ESPN+, and ABC.
The amount of control over these companies by Disney depends upon the percentage of ownership it has over them.
Most of Disney’s revenue is generated from:
Media networks
Park and resorts
Studio entertainment
Consumer products and interactive media
Netflix
Founders
Reed Hastings, and Marc Randolph
Founded in
1997
Headquarters
Los Gatos, California, U.S.
Revenue
$31.6 Bn (2022)
CEO
Ted Sarandos
Biggest Media Company | Netflix
You can’t think of media without adding Netflix next to it, such as the established position it has acquired in the minds of everyone. Netflix changed the game when they introduced a subscription model in the year and no doubt is the competition of all the new platforms coming in wanting to not miss out on the streaming revolution that is making rounds.
Starting as a DVD-by-mail business in the year 1997, it changed its business model over time. The revenue comes in from the subscription fees from the members; it had 192.95 million paid subscribers, according to reports from the second quarter of the year 2020. Another study revealed that most of its users are from the U.S. and Canada in 2021. As of now, it has over 231 million paid subscribers.
Lastly, keep in mind that Netflix is exploring new areas and aiming to expand its empire in gaming. Releasing five games back in November, which are available on iOS and Google Play Store, Netflix is slowly taking the company to another level as it plans to release three new mobile games globally.
Alphabet Inc.
Founders
Larry Page, and Sergey Brin
Founded in
2015
Headquarters
Mount View, California
Revenue
$76 Bn (2022)
CEO
Sundar Pichai
Biggest Media Company | Alphabet
Alphabet Inc. the parent company of Google, was established in the year 2015, and co-founded along with Sergey Brin, who also serves as the Director, to make the core business of Google cleaner and more accurate. Alphabet Inc. identifies as a company that falls under the computer service industry. The holding company includes segments of Google: Google services, Google Cloud and Google Workspace.
Google is involved in businesses like:
Engagement in advertisement
Sales of digital content
Applications
Cloud offerings
Not to forget its hardware products, which are:
The pixel phones
Chromecast with Google TV
Google Nest Hub smart display
Apart from this, Alphabet Inc. is also engaged in other segments. The most recent buzzing news is about the deal Verizon Communications signed with Alphabet Inc’s Google Cloud to use its 5G network, its computing powers, and more.
Comcast Corporation
Founder
Ralph J. Roberts
Founded in
1963
Headquarters
Philadelphia, Pennsylvania
Revenue
$121.43 Bn (2022)
CEO
Brian L. Roberts
Biggest Media Company | Comcast
Comcast Corporation, the biggest cable TV and broadband provider company, has been a part of many firsts in history. David Sarnoff founded the first permanent radio network, NBC, in the year 1926, which brought the Olympics to the world with NBC covering it.
In 2010, they opened the doors to the Wizarding World of Harry Potter. In 2018, Xfinity became the largest Gigabit Internet Provider in the United States in more than 58 million homes, which was faster than any other internet service provider at that time. 2020 had been the best year for Comcast for its broadband. And apart from this, some recent acquisitions in the past few years by Comcast include:
Sky
DreamWorks Animation
NBCUniversal
They have also launched Peacock, Xfinity Flex, xFi, and more. The media and technology company also has won broadcasting rights for the Olympic games 2032 back in 2014.
Charter Communications
Founders
Barry Babcock, Jerald Kent, and Howard Wood
Founded in
1993
Headquarters
Stamford, Connecticut
Revenue
$54 Bn (2022)
CEO
Tom Rutledge
Biggest Media Company | Charter Communications
Charter, which is a broadband and cable operating company, has served over 32 million customers with the help of its brand Spectrum. The services provided by Charter Communications Inc. are further divided into:
Spectrum networks
Spectrum Original
Spectrum Reach
Spectrum Business
Spectrum Enterprise
With more than 30 Spectrum Networks Delivering Local News and Sports. It aims to be the broadband provider of the future that is fast and secure.
The United States media industry is dominated by a handful of large conglomerates, including The Walt Disney Company, Comcast, AT&T, ViacomCBS, and Discovery, among others. These companies control various media outlets such as television networks, movie studios, streaming services, and publishing houses, enabling them to reach millions of people every day.
While this concentration of power has led to concerns about media diversity and competition, these companies have also played a significant role in shaping American culture and influencing global media trends. As the media landscape continues to evolve and new technologies emerge, these companies will likely remain major players in the industry for years to come.
FAQs
What are the 5 biggest media companies?
Some of the biggest media companies are:
Comcast
AT&T
Walt Disney
Netflix
Alphabet
Which is the biggest media company in the US?
Comcast is the biggest media company in the U.S.
Who Owns the Media in the U.S.?
U.S. media outlets are owned by 15 billionaires and six corporations.
Sergey Brin is an American Entrepreneur and Computer Scientist. He co-founded Google along with Larry Page. He served as the President of the parent company of Google,Alphabet Inc until the year 2019. Sergey and Larry continued with their services at Alphabet as co-founders, controlling shareholders, board members, and employees. He is the 9th-richest person in the world with a net worth of $ 94 billion, as of April 2021. He has received various awards for offering the convenient internet services through Google.
Sergey Brin- Biography
Name
Sergey Mikhaylovich Brin
Born
21 August, 1973
Birthplace
Moscow, Russian, SFSR, Soviet Union ( now, Russia
Nationality
American
Citizenship
Soviet Union (1973- 1979); United States (since 1979)
Education
University of Maryland, College Park; Stanford University
Sergey was born in Moscow, Russia. At age six, he and his family immigrated to the United States from the Soviet Union. His father, Mikhail is a retired mathematics professor at the University of Maryland. His mother, Eugenia is a researcher at NASA’s Goddard Space Flight Center. His parents are graduates of Moscow State University (MSU).
In 2007, he was married to Anne Wojcicki, a biotech analyst and entrepreneur. The couple had a son and a daughter. However, they eventually finalized their divorce in 2011. He re-married in 2018 with Nicole Shanahan, a legal tech founder and the couple have a daughter.
Sergey Brin – Education
Sergey attended Paint Branch Montessori School in Adelphi, Maryland. He received further education from his father, who was a professor. He later joined Eleanor Roosevelt High School, Greenbelt, Maryland.
He completed his bachelor’s degree from the University of Maryland, College Park in 1993. He studied mathematics and computer science. Post that, he went for a PhD in computer science from Stanford University.
Sergey Brin – Professional Life
In 1993, Sergey stepped his first foot in his career while interning at Wolfram Research, the developers of Mathematica. While pursuing PhD, he met Larry Page and they both discovered a web search engine. They both suspended their PhD studies to start their search engine program that became widely popular at Stanford.
He runs The Brin Wojcicki Foundation with his former wife, Anne Wojcicki. They keep donating to The Michael J. Fox Foundation and gave $1 million to support the Hebrew Immigrant Aid Society.
He is a donor to US Democratic Party candidates and organizations. He has donated $5,000 to Barack Obama’s reelection campaign and $30,800 to the Democratic National Committee.
He recently got attracted towards the blockchain technology after building a gaming computer with his son to mine ethereum. Moreover, he has played a cameo in the 2013 film The Internship.
Sergey Brin – Journey to Search Engine Development
Sergey was focused on developing data mining systems. His startup partner, Larry Page worked on the concept of inferring the importance of a research paper. They both authored a paper titled “The Anatomy of a Large-Scale Hypertextual Web Search Engine.”
The both developed PageRank algorithm and realized how it can become an effective search engine superior than others at that time. They introduced the backlinks that connected one web page to another.
Their great minds started experimenting and collating ideas, like testing their new search engine designs on the web. They used basic HTML programming skills to set up a simple search page for users. In August 1996, the initial version of Google was made accessible on the Stanford Website owing to the high popularity base of search engine in the University.
Segey and Larry are the key people who foundedGoogle on 4 September, 1998. It is headquartered in California, U. S. It is regarded one of the big five technology companies in the U. S. information technology industry. It is specialized in internet-related services like, online advertising technologies, search engine, cloud computing, software, and hardware.
Sergey Brin – PageRank
Sergey was a co-creator in discovering PageRank along with Larry Page, who named it so. It is basically an algorithm that is used by Google Search to rank web pages in their search engine results. The name PageRank was variably derived from the name of the founder, Larry Page.
PageRank determines the way of measuring the importance of website pages. Currently, it is the first algorithm that was used by Google and is best known. As of 24 September 2019, PageRank and all such associated algorithms patents are expired.
Sergey Brin – Alphabet Inc.
Alphabet Logo
Sergey co-founded the company, Alphabet Incorporationalong with Larry Page. The company was founded on 2 October, 2015. It is headquartered in the U. S. Alphabet Inc. is the parent company of Google and several former Google subsidiaries. It is the fourth-largest technology company by revenue and one of the world’s most valuable companies.
The aim of the company was to restructure Google business and make it more cleaner and accountable, which basically allows greater freedom to group companies that operate in businesses other than internet services.
The National Science Foundation bestowed him with a number of earlier awards including Webby Award, Best Image Search Engine, Most Webmaster Friendly Search Engine and many more.
He was introduced among the highest professional distinctions accorded to an engineer and honors from the National Academy of Engineering
In 2009, Forbes declared Sergey and Larry on the fifth most powerful people in the world
He received the American Academy of Achievement’s golden Plate Award with Larry Page in 2004
They both received the Marconi Foundation Prize in 2004
They both received an honorary MBA from IE Business School in 2003
Sergey Brin – FAQs
What is Sergey Brin Net worth?
As of April 2021, the net worth of Sergey Brin is $94 Billion.
Is Sergey Brin American?
Sergey Brin has American nationality but he was born in Moscow, Russia.
The revenue earned by a company is the major source through which the worth of the company is decided. You would be surprised to know some of the top companies’ revenue earned per minute. Here are the list of the top companies and the revenue they earn every minute.
Amazon.com Inc is an American based multinational technology company. It was founded in the year 1994. The company is located in Washington. It focuses on e-commerce, cloud computing, artificial intelligence and digital streaming. It is one of the big five companies in the U.S IT industry.
The company earned a revenue of USD 386.064 billion in the year 2020 and a revenue of USD 955,917 per minute.
Apple
Apple Inc is an American based Multinational technology company. It was founded in the year 1976. The company is located in California. The company focuses on designing, developing and selling consumer electronics, online services and computer software. It is also one of the big five companies in the U.S IT industry.
The company earned a revenue of USD 274.515 billion in the year 2020 and a revenue of USD 848,090 per minute.
Alphabet Inc is an American multinational conglomerate. It was founded in the year 2015. Alphabet is the parent company of Google. The company has its headquarters in California. Alphabet is considered to be one of the world’s most valuable companies and the fourth largest technology company in the world. Alphabet’s Google is one of the big five companies in the U.S IT industry.
The company earned a revenue of USD 182.53 billion in the year 2020 and a revenue of USD 433,014 per minute.
Microsoft
Microsoft is an American multinational technology company. It was founded in the year 1975. The company is located in Washington. The company focuses on developing, providing licenses, support, manufacturing and selling of computer software, personal computers, consumer electronics and related services. The company is also one of the big five companies in the U.S IT industry.
The company earned a revenue of USD 143 billion in the year 2020 and a revenue of USD 327,823 per minute.
Facebook is an American based multinational company. It is social media and social networking service. The company was launched in the year 2004. It is located in California. Facebook was the most downloaded app during the 2010s.
The company earns a revenue of USD 85,965 million and a revenue of USD 213,628 per minute.
Tesla
Tesla Inc. is an American based Electric Vehicle and Clean energy company. It was founded in the year 2003. The company is located in California. The company has a wide range of products which include electric cars, solar panels, solar roof tiles, battery energy storage from home to grid scale and various other products and services.
The company earned a revenue of USD 31.536 billion in the year 2020 and a revenue of USD 81,766 per minute.
Netflix is an American based company. It is an over-the-top platform and a production company. Netflix was founded in the year 1997. The company has its headquarters in California. Netflix is a member of the Motion picture Association (MPA). It is involved in producing and distributing contents across the globe.
The company earned a revenue of USD 25 billion in the year 2020 and a revenue USD 50,566 per minute.
Walmart
Walmart is an American based multination retail corporation. The company was founded in the year 1962. It has its headquarters in Arkansas, U.S. The company operates a chain of discount department stores, hypermarkets, grocery stores, etc. Walmart is the world’s largest company by revenue.
The company earns a revenue of USD 559.2 billion in the year 2021 and a revenue of USD 1,063,546 per minute.
Sony
Sony group is a Japanese based multinational conglomerate corporation. It was founded in the year 1946. The company has its headquarters in Tokyo. Sony is one of the world’s largest manufacturers of professional and consumer electronic products, the largest company for video game console, the second largest record company, the second largest video game publishing company, as well as one of the most comprehensive media companies.
Sony earned a revenue of USD 80 billion in the year 2020 and earns a revenue of USD 152,207 per minute.
Toyota Motor Corp is a Japanese based multination automotive company. It was founded in the year 1937. The company has its headquarters in Aichi, Japan. Toyota is considered to be the tenth largest company in the world in terms of Revenue generated.
It is also the largest automotive manufacturer in the world. Toyota was the world’s first automotive company to manufacture more than 10 million vehicles in a year.
Toyota Motor Corp earned a revenue of USD 275.4 billion in the year 2020 and earns a revenue of USD 489,726 per minute.
FAQ
What company makes the most money per minute?
Amazon is an American conglomerate which makes USD 955,917 per minute.
What the most profitable companies make per second?
Big pharma companies like Johnson & Johnson and Gilead Sciences make more than $400 per second.
How much does Jeff Bezos make a minute 2020?
Jeff Bezos makes about $321 million a day, $13.4 million an hour, $222,884 a minute, and $3,715 a second in 2020.
Conclusion
The above are some of the top companies in the world and the revenue they generate every minute.
