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Close up of an iPhone screen displaying app icons
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A hand holds a mobile phone with AAPL stock information displayed on the screen

"Market cap" — short for "market capitalization" — is the total value of a public company's outstanding shares, which are those owned by stockholders, not by the company itself. Outstanding shares can be owned by employees and board members — just not the actual corporation.

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Apple CEO Tim Cook holding a gray iPhone 15
Apple CEO Tim Cook's net worth still doesn't make him one of the 1,000 richest people in the world.
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Amazon warehouse with an Amazon truck in front of it.
Albert Elliott, an Amazon warehouse worker in Raleigh, North Carolina, recently started a second job as a janitor at a community college.
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Chris Smalls stands in front of a union banner with a megaphone
Chris Smalls, in black, is the president of the Amazon Labor Union.