So, you want to be a billionaire? Your best shot is to found a successful tech company like any of those found on GQ Australia’s list of the most valuable tech companies of 2019. While there are still the mega-giant companies throwing around their weight, there are also plenty of start-ups on the list.
2019 started out with Apple on top of the heap. Forbes reported in May that Apple would no doubt reign for a fourth straight year. But by August, they have slipped to number two, with Microsoft sneaking in to take the title. Amazon took a turn in the number one spot, but didn’t hold onto it. They did get the consolation prize of being named the world’s most valuable brand, though. Google—which is actually “Alphabet” now after a restructuring in 2015—just missed the podium, coming in at number four, with Facebook coming in at number five. China’s largest e-commerce company, Alibaba, claimed number six, and with its planned expansions looks good to move up the list. Another Chinese company, Tencent Holdings, which focuses on gaming, social media, e-commerce, and online video, claimed the number seven spot. Samsung’s emergence on the list happens in the eighth spot. TSM—Taiwan Semiconductor Manufacturing—just made the top 10. Taking the final spot on the top 10 is Intel Corp.
Tech companies look to continue taking over spots on different lists in the future. This year’s Global 2000 from Forbes saw a record 184 technology companies claiming a spot on the largest company list—that’s a 40 percent increase over last year. More companies are constantly being added to the list, if they’re not gobbled up by bigger companies first. Either way, if you’re looking for a way to fatten up your wallet, starting a tech company looks to be the way to do it. Who knows, maybe you’ll be on the most valuable list next year.
Here is the full list of the 10 Most Valuable Tech Companies of 2019:
- Microsoft Corp (MSFT): $1.5 trillion
- Apple (AAPL): $1.3 trillion
- Amazon (AMZN): $1.2 trillion
- Alphabet (GOOGL, GOOG): $1.1 trillion
- Facebook (FB): $765 billion
- Alibaba Group Holding (BABA): $654 billion
- Tencent Holdings (TCEHY): $583 billion
- Samsung Electronics (SSNLF): $354 billion
- Taiwan Semiconductor Manufacturing Company (TSM): $312 billion
- Intel Corp. (INTC): $300 billion