Multinational corporations continue to dominate the global economy, and the 2025 Hurun Global 1000 Report clearly reflects this trend. Released recently, the report ranks the 1,000 most valuable companies worldwide, expanding from the earlier list of 500 companies.
A major highlight this year is that Nvidia has overtaken both Microsoft and Apple to become the world’s most valuable company in 2025, driven by the unprecedented boom in artificial intelligence (AI) technologies.
Hurun Global 1000 Report 2025: Key Highlights
- The top 10 companies alone are worth $26 trillion, roughly equal to the combined stock market value of mainland China and Hong Kong.
- Listed companies account for 90% of the rankings, based on market capitalisation.
- Unlisted companies such as OpenAI, ByteDance, and SpaceX form the remaining 10%, ranked by valuation.
- The rankings use a cut-off date of 14 November 2025.
This report is especially important for competitive exam aspirants, as it reflects global economic power, corporate dominance, and sectoral trends.
Nvidia Becomes the World’s Most Valuable Company
Nvidia climbed two positions to secure the No.1 spot globally, with a massive market capitalisation of $4.63 trillion.
Why Nvidia is No.1 in 2025
- 49% surge in demand for AI chips
- Leadership in GPUs (Graphics Processing Units)
- Key supplier for AI data centres and machine learning platforms
The rise of generative AI, cloud computing, and automation has placed Nvidia at the center of the global tech revolution.
Apple and Microsoft: Slips and Stability
- Apple retained second position, valued at $4.03 trillion, registering 23% growth.
- Microsoft slipped to third place, valued at $3.79 trillion, though it still grew by 13%.
Despite Microsoft’s strong presence in cloud services and enterprise software, Nvidia’s AI-driven growth proved decisive.
Top 10 Most Valuable Companies in the World 2025
2025 Hurun Global 1000 – By Market Capitalisation
- Nvidia – $4,631 bn | GPUs | USA
- Apple – $4,034 bn | Consumer Electronics | USA
- Microsoft – $3,792 bn | Software & Services | USA
- Alphabet (Google) – $3,365 bn | Media & Entertainment | USA
- Amazon – $2,540 bn | Retail & Cloud | USA
- Saudi Aramco – $1,668 bn | Energy | Saudi Arabia
- Broadcom – $1,618 bn | Semiconductors | USA (New Entry)
- Meta Platforms – $1,538 bn | Media & Entertainment | USA
- TSMC – $1,481 bn | Semiconductors | China
- Tesla – $1,345 bn | Electric Vehicles | USA (Re-entry)
Major Trends from the 2025 Rankings
1. US Tech Giants Dominate
Eight out of the top ten companies are US-based, underlining America’s dominance in technology, AI, and digital platforms.
2. Semiconductor Boom
Companies like Nvidia, Broadcom, and TSMC highlight the strategic importance of chips and semiconductors in the modern economy.
3. New Entrants and Comebacks
- Broadcom debuted with an impressive 118% valuation growth.
- Tesla re-entered the top 10 after a 115% surge, reflecting renewed investor confidence.
India’s Position in the Hurun Global 1000
- No Indian company features in the global top 10.
- India’s most valuable company ranks 74th globally by market capitalisation.
While India continues to produce global-scale enterprises, the rankings show a gap in valuation compared to US and Chinese giants, especially in high-tech sectors like AI and semiconductors.


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