The world’s top 100 companies account for $31.7 trillion in market capital. 65% of the total market value are US companies, equal to $20.55 trillion. China accounted for 13% or $4.19 trillion, Europe accounts for just $3.46 trillion or 11% of the total market cap value of the list.
With 14 companies of its own in the world’s top 100, China accounted for $4.19 trillion or 13% of the top 100’s total market cap value. That includes two of the top 10 firms by market cap, Tencent and Alibaba.
As Europe continues to lose ground year-over-year and the rest of Asia struggles to keep up, the top 100 companies might become increasingly concentrated in just the U.S. and China. The question is, will the imbalance of global market value start to even out, or become even bigger?