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The list of trillion dollar companies is small, with only six companies in existence today that can claim to have reached this milestone. However, according to a recent study from Approve.com, several companies are expected to reach a valuation of $ 1,000 billion over the next few years, and we took a deeper look at them for this week’s Top 12 CEOs. .
The list is in chronological order of when the company is expected to hit the $ 1,000 billion mark.
Tencent – 2022
According to the Approve.com study, which is expected to hit the milestone by 2022, the current market capitalization of Chinese multinational tech conglomerate Tencent is currently $ 742 billion – no wonder they can afford a head office in two skyscrapers (Tencent Seafront Towers).
The company is famous for a multitude of subsidiaries; these include Tencent QQ, a popular instant messaging platform in China that was launched in 1999; Tencent Games, a video game publishing platform responsible for Honor of Kings, one of the highest grossing games of all time; PaiPai.com, an online payment system similar to PayPal, is another of the company’s many subsidiaries.
Tesla – 2022
The US electric vehicle maker founded by Elon Musk is well known for its wide range of electric vehicles, which accounted for 74% of the US electric vehicle market from 2018-21. One thing that helps their vehicles stand out from competing EVs is their autopilot feature, which means they can drive themselves with human supervision.
However, Tesla’s sustainable solutions include solar panels and tiles, while Tesla Energy is one of the world’s largest suppliers of battery energy storage systems. According to Approve.com, the company’s market cap is $ 584 billion, but the company is expected to hit the $ 1 billion mark next year.
Comcast – 2023
US telecommunications conglomerate Comcast is the world’s second-largest broadcasting and cable television company by revenue. It is also the largest pay television company, the largest cable television company, and the largest home Internet service provider in the United States.
NBC, DreamWorks Animation and Universal Animation Studios are three of Comcast’s largest subsidiaries, though there are many more, including Sky, of which it has been the parent company since October 2018.
Despite a modest market cap, and we use that term loosely, of $ 259 billion, Approve.com predicts that Comcast will reach $ 1 billion in valuation by 2023.
Meituan – 2023
With a current market cap of $ 231 billion, you’d think the Chinese buying platform Meituan has a long way to go to hit the $ 1 billion mark, but Approve.com predicts it will hit that. total by 2023.
In all fairness, once you start breaking down the list of the company’s services and accomplishments, that prediction doesn’t seem so far-fetched. The company’s range of apps connect consumers to local businesses for food, entertainment, and since their acquisition of Mobike in 2018, local transportation as well. The company was only founded in 2010, by Wang Xing, which makes it all the more impressive as it is about to cross the $ 1 billion mark so soon.
Kweichow Moutai – 2024
Just in case you haven’t noticed the emerging trend, the only companies to appear on this list so far are Chinese or American, and Kweichow Moutai is another Chinese company that is expected to cross the $ 1 billion mark, this time in 2024.
The partially publicly traded and partially state-owned beverage company specializes in the production of Maotai baijiu, a distinctive style of baijiu, which is a colorless distilled Chinese liquor that originated during the Xing Dynasty, and it is the the world’s largest beverage company with China’s most valuable non-technology.
Netflix – 2024
US subscription streaming service Netflix is ​​set to surpass £ 1 billion in 2024, thanks to its vast library of movies and TV shows, of which they themselves produce 40%, and 209 million subscribers , which should grow from here to then.
Netflix’s original lineup list includes House of Cards, The Crown, Disenchantment and The Dragon Prince, although their wide selection offers a wide variety of dramas, comedies, anime and children’s programs. Their current market capitalization stands at £ 218 billion, making them the largest entertainment / media company in terms of market capitalization.
Nvidia – 2024
Founded in 1993, American technology company Nvidia designs graphics processing units (GPUs) and system-on-chip (SoC) units.
Their GeForce GPUs were first introduced in 1999, but they are one of only two major competitors in the high-end GPU market – along with AMD’s Radeon – and they are very dominant in the processor market. general purpose graphics – a testament to their intuitive and ever-changing designs.
Nvidia’s product family also includes wireless communication, PC processors, and automotive hardware / software, while their current market capitalization is $ 432 billion, which is expected to grow to $ 1 billion by 2024.
Alibaba Group – 2025
This Chinese multinational tech company specializing in e-commerce, retail, internet, and technology currently has a massive market capitalization of $ 587 billion, and by 2025 it is expected to exceed $ 1 billion as well. .
Their initial public offering (IPO) on the New York Stock Exchange raised £ 25 billion, which was the largest IPO in world history at the time, and their diverse list of affiliates is the one of the reasons the company has been so successful.
Not only was it ranked fifth artificial intelligence company in 2020, but it is also one of the largest venture capital and investment firms. Recently, they have also spread to the media industry.
mastercard – 2025
mastercard is a name that is probably familiar to most of us in the UK; the U.S. payment processor has been in business since 1966, when it was called Interbank. With a current market capitalization of $ 363 billion, it is expected to exceed $ 1 billion in 2025.
Before becoming a publicly traded company in 2006, it was a cooperative owned by more than 25,000 financial institutions around the world.
The company now has 21,000 employees and several subsidiaries that have enabled it to have such a market share: maestro, its debit card subsidiary; cirrus, the subsidiary of the interbank network; and mondex, the electronic payment subsidiary.
PayPal – 2025
Another company on this list founded by Elon Musk, which sold it to eBay for $ 1.5 billion in 2002, the online payment system PayPal is – you guessed it – another US company on this list. .
The company’s current market capitalization stands at $ 310 billion, which means it still has some way to go to pass the $ 1 billion mark, although Approve.com predicts it will hit the $ 1 billion mark. on track by 2025.
Since eBay split in 2015, PayPal has partnered with Instagram, bought the Swedish payment process iZettle and Honey Science corp., A browser extension that automatically aggregates and applies online coupons on shopping websites. electronic.
TSMC – 2025
TSMC, which stands for Taiwan Semiconductor Manufacturing Company, is a Taiwanese multinational contract semiconductor manufacturing and design company, and the first on this list not from the United States or China.
The company designs and manufactures electronic chips for use in communications devices, radios, tablets, cell phones, televisions, medical equipment and video games, which it sells to customers around the world.
With nearly 49,000 employees and a market capitalization of $ 558 billion, TSMC plays a vital role in the production of electronic devices, which many of us increasingly depend on every day. So it’s perhaps no surprise that the company needs to cross the $ 1 billion mark by 2025.
Visa – 2025
Another US payment processor to make the list, Visa facilitates electronic transfers around the world. According to the Nilson report, the company processed 100 billion transactions through its global network, VisaNet, in 2014, worth a total of $ 6.8 billion.
Despite its worldwide processing capabilities, virtually all Visa transactions are processed through four data centers, located in Virginia, Colorado, London and Singapore.
Visa is also the second largest card payments organization in the world, with a current market capitalization of $ 512 billion. By 2025, this market capitalization is also expected to exceed $ 1 billion.
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