Fortune 500

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Fortune 500 is a list of US magazine Fortune , the 500 top-selling companies lists of the United States per year. The worldwide list is called Fortune Global 500 . Fortune 500 companies account for two-thirds of the gross domestic product in the United States and generated total sales of $ 12.8 trillion in 2018 . The Fortune 500 is considered to be one of the most cited lists of its kind, and its placement on it is described as a "prestige feature" for large companies.

history

The Fortune 500 has been published annually since 1955 and goes back to the former Fortune editor Edgar P. Smith . Top companies on the first list from 1955 included General Motors (continuously represented to this day), Jersey Standard (now ExxonMobil ), US Steel , General Electric and Chrysler . A total of 57 companies have been on the Fortune 500 each year since 1955; Over 1800 different companies were represented on it throughout history.

In 2018, Walmart topped the list for the sixth consecutive year; the company has been a member of the Fortune 500 for 24 years. The biggest jump on the list was Tesla, Inc. (from number 260 to 123).

Individual evidence

  1. ↑ Fortune.com - Fortune 500. Retrieved April 27, 2019 .
  2. ↑ Sean Williams: Fortune 100 - everything you've ever wanted to know. In: The Motley Fool. June 3, 2015, accessed April 27, 2018 .
  3. ^ A b c d Adam Hayes: Fortune 500. In: investopedia.com. April 18, 2019, accessed April 28, 2019 .
  4. ↑ a b Erika Fry: What happened to the first Fortune 500? June 2, 2014, accessed June 20, 2019 .
  5. ^ Edgar Smith (69) dies. In: New York Times . October 12, 1989. Retrieved April 28, 2019 .
  6. ↑ Tim Parker: Fact Sheet: What Is The Fortune 500 List? In: investopedia.com. Retrieved April 28, 2019 .
  7. ↑ Rakesh Sharma: Walmart tops Fortune 500 list. In: investopedia.com. June 8, 2017, Retrieved April 28, 2019 .
  8. Jump up ↑ Fortune 500 - Walmart. In: Fortune.com. Retrieved April 28, 2019 .

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