Do you want to be a millionaire or even a billionaire? One of the ways you can make a mind-blowing amount of money is to start a tech company and do everything you can to make it successful. Although there are so many tech companies in the world, if you have a good product and you know how to sell it, you will soon be on the cover of Forbes Magazine, telling your story of how you became wealthy.
The great people behind the leading tech companies in the world are without a doubt the richest people on the planet because almost half of the top ten billionaires in the world have made their billions from technology.
Most of the founders of these great companies are self-made billionaires, meaning most of them have personal rags to riches stories because regardless of how much money they had before, it’s peanuts compared to what they have now.
Furthermore, the wealth of some of these tech company founders is so much that some sources claim that it can be as much as, or even more than, the GDPs of some small countries.
One of the reasons why tech companies make so much money is the number of clients they have because a very huge percentage of the world’s population uses technology every day. If you were to glance at the number of people who use these companies’ products you’d realize just how big they are. For instance, a company such as Facebook has well over two billion active users, meaning that a quarter of the world’s population is active on Facebook. Here are 20 of the most valuable tech companies in the world.
Amazon, which was formed in 1994 by Jeff Bezos, is the largest Internet retailer in the world. Based in Washington, US, Amazon started out as an online bookstore but later introduced other products. Today you can buy almost anything at Amazon from electronics, clothing, furniture, food, software, music and so much more.
With over 200,000 employees, Amazon is the second largest employer in the United States with over 100 million prime subscribers of which most are more than half of the households in America. It has separate retail online websites for buyers outside the United States customized to their native languages. Last year alone, Amazon reported sales of US$177 billion.
Samsung Electronics, which was founded in 1969 in Suwon, South Korea, was mainly a producer of electronic appliances. Apart from being the largest consumer electronics and chip maker, Samsung is today the largest producer of smartphones and tablets and it’s the biggest competitor of tech giant Apple.
Its smartphones which pack similar features compared to iPhones are relatively cheaper and are thus more popular in other countries around the world. Samsung is also currently the largest manufacturer of memory chips ahead of companies like Intel. In 2017, Samsung sales hit US$220 billion, making it one of most profitable companies in the world.