The 7 most valuable U.S. tech companies added $3.4 Trillion in value in 2020

The seven most valuable American technology companies — Apple, Microsoft, Amazon, Alphabet, Facebook, Tesla, and Nvidia — picked up a combined $3.4 trillion in market capitalization in 2020. Thanks to its stock climbing 81%, Apple’s market capitalization jumped by almost $1 trillion in 2020, followed by Amazon Inc, which increased by over $710 billion.

Tesla’s stock climbed almost ninefold in 2020, lifting Tesla’s market capitalization from $76 billion at the beginning of the year to $669 billion. Meanwhile, NVIDIA Corporation more than doubled in value in 2020, closing with a market cap of $323 billion.

• Apple’s (AAPL:NASDAQ) market cap jumped by almost $1 trillion.
• Microsoft’s (NASDAQ:MSFT) market cap jumped by almost $480 billion.
• Amazon’s (NASDAQ:AMZN) market cap jumped by almost $710 billion.
• Alphabet’s (NASDAQ:GOOGL) market cap jumped by almost $268 billion.
• Facebook’s (NASDAQ:FB) market cap jumped by almost $193 billion.
• Tesla’s (NASDAQ:TSLA) market cap jumped by almost $593 billion.
• Nvidia’s (NASDAQ:NVDA) market cap jumped by almost $162 billion.

Amazon’s Jeff Bezos is the world’s richest person (net worth: $190 billion), followed by Tesla’s Elon Musk (net worth: $170 billion) and Microsoft co-founder Bill Gates (net worth: $132 billion). Facebook CEO Mark Zuckerberg (net worth: $104 billion) is fifth. Also in the top 10 are Google founders Larry Page (net worth: $82.4 billion) and Sergey Brin (net worth: $79.8 billion) and Microsoft ex-CEO Steve Ballmer (net worth: $80.4 billion), as of January 1, 2021.

If you enjoy this article, don’t forget to check out our compilation of the World’s Richest Race Car Drivers, Richest Musicians, Richest Models, and Richest Rappers Richest Hockey Players Richest Film Directors. Richest Comedians, Richest Basketball Players.

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