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The July 24, 2006 issue of Fortune, featuring its Fortune 500 list

The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies incur.[1] The list includes publicly and privately held companies for which revenues are publicly available. The first Fortune 500 list was published in 1955.

Although the Fortune 500 list is the most familiar one, similar gross revenue lists of the top firms range from the highest ranking Fortune 100 including the top one hundred to the broader ranking Fortune 1000 that includes the top thousand firms. While membership on the smaller lists is somewhat stable, the ranking on the lists may change over time depending upon revenues, and often because of mergers among firms already listed.

The original Fortune 500 was restricted to companies whose revenues were derived from manufacturing, mining, or energy exploration. At the same time, Fortune published companion "Fortune 50" lists of the 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues). Fortune magazine changed its methodology in 1994 to include service companies. With the change came 291 new entrants to the famous list including three in the Top 10.[2]

The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor.[3]

Katharine Graham became the first female Fortune 500 CEO in 1972, as CEO of the Washington Post company.[4][5]

See also[edit]


External links[edit]

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Fortune_500 — Please support Wikipedia.
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Sacramento Bee
Mon, 29 Sep 2014 20:11:15 -0700

Best-selling author and thought leader Peter Sims regularly advises key personnel at Fortune 500 companies such as Google, Amazon and General Electric, but Monday found him back home speaking to students at his alma mater, rural Colfax High School.


Tue, 23 Sep 2014 04:18:46 -0700

Fast forward to Tuesday, when many Fortune 500 CEOs will get a ringside seat at the U.N. climate summit in New York. About 125 presidents and prime ministers are expected at the one-day event featuring world leaders laying out their visions for ...
Thu, 18 Sep 2014 04:01:08 -0700

Given both the tendency of companies to put sitting CEOs on boards, and that there are only 21 female CEOs in the Fortune 500, the odds for women to find a board seat are even more difficult. This, despite data from Catalyst, a business research ...
Fri, 12 Sep 2014 02:00:00 -0700

Fortune 500 companies employ nearly 27 million workers. And all but 37 of the Fortune 500 earned a profit last year. What would happen if those firms that ended up with extra change at the close of the year gave their lowest paid workers a healthy raise?
Thu, 18 Sep 2014 05:00:00 -0700

Among this year's list of the 50 Most Powerful Women in Business, 29 work for a Fortune 500 company, and—thanks to public filings with the SEC—have given the rest of us a peek at their most recent annual compensation. On the grid below we've charted ...

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Fri, 05 Sep 2014 04:11:02 -0700

For starters, fewer companies are still offering pensions, with the share of Fortune 500 companies that provide them to new hires falling to 24 percent at the end of 2013 from 60 percent in 1998. Alan Glickstein, a senior retirement consultant at ...

MarketWatch (blog)

MarketWatch (blog)
Wed, 24 Sep 2014 09:59:47 -0700

Directors serving on the boards of Fortune 500 companies are increasingly being paid in stock, instead of cash, according to a report released Wednesday by Towers Watson. Corporate board members received a 6% median increase in pay last year, twice ...
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Cut to this year's list: The women at the top of the list run the bluest of blue chip firms, the biggest industrial and technology giants, and some of the largest companies in the Fortune 500. Just look at the companies with their chief executives now ...

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