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Top 10 most valuable companies in the world 2025: NVIDIA overtakes Microsoft and Apple as #1, with India’s largest company at #74

2025 Hurun Global 1000 List | Top 10 most valuable companies in the world: The 2025 Global Top 10 predominantly feature the US tech giants, though Saudi Aramco from Saudi Arabia and China's TMSC have also secured a place on the list.

3 min readNew DelhiUpdated: Dec 23, 2025 06:26 AM IST

2025 Hurun Global 1000 List: Below are the world's top 10 most valuable companies in 2025, ranked by market capitalisation. (Image: Nvidia)

Top 10 most valuable companies in the world 2025: Multinational corporations are now the backbone of the global economy, according to the 2025 Hurun Global 1000 released on Monday.

The report ranks the 1,000 most valuable companies worldwide — up from 500 — and highlights that the top 10 alone are worth $26 trillion—roughly equal to the combined stock market value of mainland China and Hong Kong.

Listed companies make up 90 per cent of the list; the report ranks them according to their market capitalisation.

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Non-listed companies, including OpenAI, ByteDance, and SpaceX, make up the remaining 10 per cent and are ranked based on their valuations.

While most companies are now engaged in competition to establish themselves as the most valuable entities on the global stage, Nvidia rose two spots to No. 1, overtaking Microsoft as the world’s most valuable company in 2025.

Nvidia has a market cap of $4.6 trillion, largely driven by a 49 per cent rise in demand for AI chips, the report stated.

Apple retained second place at $4 trillion, while Microsoft slipped two spots to third despite growing 13 per cent to $3.8 trillion.

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The 2025 Global Top 10 predominantly feature the US tech giants, though Saudi Aramco from Saudi Arabia and China’s TMSC have also secured a place on the list.

Notably, Broadcom debuts the list this year, rising its valuation by 118 per cent to US$1.6 trillion; meanwhile, Tesla re-entered the Top 10, with a 115 per cent surge to US$1.35 trillion.

2025 Hurun Global 1000: Top 10 most valuable companies in the world by market capitalisation

1. Nvidia +2

GPUs | USA

$4,631bn

+49%

2. Apple 0

Consumer Electronics | USA

$4,034bn

+23%

3. Microsoft -2

Software & Services | USA

$3,792bn

+13%

4. Alphabet 0

Media & Entertainment | USA

$3,365bn

+48%

5. Amazon 0

Retail, Cloud | USA

$2,540bn

+26%

6. Saudi Aramco 0

Energy | Saudi Arabia

$1,668bn

-8%

7. Broadcom NEW

Semiconductors | USA

$1,618bn

+118%

8. Meta Platforms -1

Media & Entertainment | USA

$1,538bn

+18%

9. TSMC -1

Semiconductors | China

$1,481bn

+64%

10. Tesla NEW

EVs | USA

$1,345bn

+115%

Source: 2025 Hurun Global 1000 | Cut-off date: 14 November 2025

Indian Express InfoGenIE

Source: 2025 Hurun Global 1000

Please note: The cut-off date used was 14 November 2025

India’s most valuable company by market capitalisation:

No Indian company ranked among the top 10 most valuable companies in the 2025 Hurun Global 1000.

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Mukesh Ambani, Chairman and Managing Director of Reliance Industries Ltd.

While it only featured 40 companies making the list, down from 51 last year, with Reliance Industries, headed by Indian billionaire Mukesh Ambani, slipping down 30 spots to rank 74th in 2025.

Being one of the most valuable companies in India, its market capitalisation also decreased by 6 per cent to now be worth $233 billion.

Cherry Gupta

Cherry Gupta is an Assistant Manager – Content at The Indian Express. She leads the Top 10 section, curating list-based features on key national and international developments, and manages daily news content. She also produces SEO-driven articles and collaborates with the Lifestyle team to conduct interviews with notable artists and write workplace culture features. ... Read More