The most valuable company in the world is worth well over $US3 trillion.
While you might have heard of what they make, two companies on this list will be new to many.
The value of the companies is measured by Market Capitalisation, which multiplies the value of publicly traded shares, by the number of shares on offer. All prices are in USD.
Read on to see the most valuable companies in the world.
Eli Lilly and Company is the 10th most valuable company in the world.
They've got a market value of $US577 billion and operate in 18 countries including Australia.
It was the first company in the world to produce Insulin, a life-saving invention for people suffering from all types of diabetes.
They also pioneered the first polio vaccine.
It was founded in Indianapolis in 1876 by the pharmacologist, officer and entrepreneur Eli Lilly.
Tesla is the world's largest makers of electric cars, and batteries,
Led by Elon Musk, the company name is based on the physicist and inventor Nikola Tesla.
Elon Musk, chief executive officer of SpaceX and Tesla, is a significant shareholder, contributing to his position as world's richest person.
Tesla is worth $US697 billion.
Berkshire Hathaway is a giant multinational holding company, with conglomerate interests in a wide range of businesses.
The chairman is the major US investor and multi-billionaire Warren Buffett.
They invest in everything from rail freight, insurance, manufacturing, to Kraft Heinz - makers of the popular Ketchup.
The multinational empire has a market capitalisation of $US754 billion.
Meta Platforms, with Facebook as their flagship, is the 7th most valuable company in the world.
The storied origins of Mark Zuckerberg's creation have seen it grow to a company worth over $US 811 billion.
They used to be known only by the gamers of the world - with their computer processing chips used in powerful gaming computers.
Now they're worth over $US 1.13 trillion - more than tripling their value since this time last year.
Nvidia produces and sells the chips that process data and power AI models like ChatGPT.
Nvidia controls about 80 per cent of the GPU market, according to analysts.
So as more of the world embraces AI - Nvidia will likely keep riding that wave.
Coming in at number five is Amazon - the US-based e-commerce platform.
Aside from selling almost everything under the sun, Amazon provides web-support for a significant section of the online world.
Jeff Bezos founded e-commerce giant Amazon in 1994 out of his garage in Seattle. He stepped down as CEO to become executive chairman in July 2021.
Amazon was valued at $US1.4 trillion by the value of its traded shares at the time of writing.
The company has become a byword for using the internet for anything at all.
So it's no surprise that the search-engine titans are the fourth most valuable company in the world.
Alphabet CEO Sundar Pichai speaking at a Google event.
Google's total traded value is over $US1.63 trillion.
As of November 2023 Saudi Aramco had a market cap of $US2.157 trillion.
Saudi Aramco is the national petrol and gas company of Saudi Arabia.
As of 2020 it was the largest oil producing company in the world.
They have the rights to the world's second-largest proven crude oil reserves.
Microsoft lands as the second most valuable company in the world.
The tech giant in January 2024 became the second-ever company worth $US3 trillion as the artificial intelligence boom sent shares of the company's stock soaring.
Billionaire and philanthropist Bill Gates started Microsoft in the 1980s.
It is part of the so-called "Magnificent 7", a group of stocks including Apple, Nvidia, Amazon, Alphabet, Meta and Tesla that have almost single-handedly boosted markets to new highs in early 2024.
Microsoft's market value is larger than the entire GDP of France and just behind that of the United Kingdom.
Apple is the largest company in the world by total market capitalisation.
It was worth $US3.02 trillion in January 2024, according to London Stock Exchange Group data.
The American company needs no introduction these days.
From their first steps into computing under the helm of the late legend Steve Jobs, to the total ascendency of the iPhone - they show no sign of slowing down.