Saudi Aramco

Saudi Aramco, valued at $1.8 trillion, is the only non-tech company in the global top six, producing 9 million barrels of oil per day at some of the lowest extraction costs worldwide—roughly $3 per barrel, compared to the industry average of $12. This cost advantage generates profits that consistently exceed those of any other company on Earth, including #5 Amazon by $15 billion in 2024. Aramco's dividend stream, which reached $98 billion in 2024, underpins Saudi Arabia's Vision 2030 diversification agenda, making it a linchpin of the kingdom's economic future.