1. Saudi Aramco
As of May 2022, Saudi Aramco has a market capitalization of $2.332 trillion. Based on market valuation, it is currently the most valuable firm in the world. With 270 billion barrels of known crude oil reserves, this Saudi Arabian national petroleum or gas business is the world’s second-largest. Saudi Aramco, the state-owned oil company, has not been at the top of the list in recent years. Even though they are one of the largest organizations in the world, with roughly 70,000 employees at its headquarters, they were the first company to reach the $2 trillion mark globally. It is also now ranked first on the list.
