18 Cities in the World Where the Biggest Companies Are Headquartered
The locations of companies that generate billions and trillions of dollars aid economic growth and global diversification, earning public recognition as a reward. This is especially important if they’re located in cities outside the West as that helps increase global appeal and awareness.
Mckinsey reported that the number of the biggest companies in emerging cities will triple by 2025. This is quite the case though it looks like only a few cities are controlling global wealth as of recent. According to this GOBankingRates research, the United States is the top host of the biggest companies’ headquarters with other emerging cities following behind.
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While these cities may not be up to par with the U.S. in terms of several companies, they’re certainly pulling in their own weight, especially with their largest company’s market cap. Yahoo Finance also reported that China has generated about $6.1 trillion dollars from its company headquarters.
Check out the cities where these company headquarters are located and how they compare to each other below.
United States
Number of Companies: 61
Largest Company: Microsoft
Largest Company Market Cap: 3.15725E+12
Headquarters Location: Redmond, Washington
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China
Number of Companies: 10
Largest Company: Tencent
Largest Company Market Cap: 4.73424E+11
Headquarters Location: Shenzhen, China
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France
Number of Companies: 5
Largest Company: LVMH
Largest Company Market Cap: 4.22862E+11
Headquarters Location: Paris, France
United Kingdom
Number of Companies: 4
Largest Company: AstraZeneca
Largest Company Market Cap: 2.400224E+11
Headquarters Location: Cambridge, United Kingdom
Switzerland
Number of Companies: 3
Largest Company: Nestle
Largest Company Market Cap: 2.78275E+11
Headquarters Location: Vevey, Switzerland
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India
Number of Companies: 3
Largest Company: Reliance Industries
Largest Company Market Cap: 2.33209E+11
Headquarters Location: Mumbai, India
Germany
Number of Companies: 2
Largest Company: SAP
Largest Company Market Cap: 2.28176E+11
Headquarters Location: Walldorf, Germany
Netherlands
Number of Companies: 2
Largest Company: ASML
Largest Company Market Cap: 3.75E+11
Headquarters Location: Veldoven, Netherlands
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United Arab Emirates
Number of Companies: 1
Largest Company: International Holding Companies
Largest Company Market Cap: 2.38591E+11
Headquarters Location: Abu Dhabi, UAE
Australia
Number of Companies: 1
Largest Company: BHP Group
Largest Company Market Cap: 1.56195E+11
Headquarters Location: Melbourne
Japan
Number of Companies: 1
Largest Company: Toyota
Largest Company Market Cap: 2.98747E+11
Headquarters Location: Plano, TX
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South Korea
Number of Companies: 1
Largest Company: Samsung
Largest Company Market Cap: 3.78659E+11
Headquarters Location: Suwon-Si, South Korea
Canada
Number of Companies: 1
Largest Company: Royal Bank of Canada
Largest Company Market Cap: 1.50254E+11
Headquarters Location: Toronto, Canada
Ireland
Number of Companies: 1
Largest Company: Accenture
Largest Company Market Cap: 1.92265E+11
Headquarters Location: Dublin, Ireland
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Saudi Arabia
Number of Companies: 1
Largest Company: Saudi Aramco
Largest Company Market Cap: 1,93071E+11
Headquarters Location: Dhahran, Saudi Arabia
Spain
Number of Companies: 1
Largest Company: Inditex
Largest Company Market Cap: 1.46693E+11
Headquarters Location: Municipality of Arteixo, Spain
Denmark
Number of Companies: 1
Largest Company: Novo Nordisk
Largest Company Market Cap: 5.93028E+11
Headquarters Location: Bagsvaerd, Denmark
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Taiwan
Number of Companies: 1
Largest Company: TSMC
Largest Company Market Cap: 7.96293E+11
Headquarters Location: Hsinchu, Taiwan
Methodology: For this study, GOBankingRates analyzed the top 100 companies by market cap across the world as sourced from companiesmarketcap.com. For each of the top companies, the headquarters location was recorded. The countries were counted to show the number of the top 100 companies who have headquarters within. The highest market cap company within each country was recorded for this study. All data was collected on and is up-to-date as-of May 20th, 2024.
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This article originally appeared on GOBankingRates.com: 18 Cities in the World Where the Biggest Companies Are Headquartered