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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 the membership on the smaller lists are 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 50 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). These have been consolidated into one single list, so the Fortune 500 as it exists today includes companies that in previous years would have been on one of the "Fortune 50" lists.

The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor.[2]

See also[edit]

References[edit]

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Fortune_500 — Please support Wikipedia.
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PolicyMic
Fri, 18 Apr 2014 07:42:25 -0700

"Twenty-five profitable Fortune 500 companies spent more on lobbying than they paid in federal taxes between 2008 and 2012," according to a Public Campaign analysis of data from Citizens for Tax Justice and the Center for Responsive Politics.
 
TechCrunch
Wed, 09 Apr 2014 22:48:45 -0700

After years of working with India's over $100 billion IT services industry for maintaining their software systems, application development and back office work, CIOs of Fortune 500 companies are now looking to tap into the country's software product ...
 
PolicyMic
Fri, 18 Apr 2014 07:43:26 -0700

"Twenty-five profitable Fortune 500 companies spent more on lobbying than they paid in federal taxes between 2008 and 2012," according to a Public Campaign analysis of data from Citizens for Tax Justice and the Center for Responsive Politics.
 
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Tue, 15 Apr 2014 11:20:57 -0700

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Sat, 12 Apr 2014 02:01:29 -0700

They're business magnates worth millions — and in some cases, billions — of dollars. But, before they reached the top of the corporate ladder, these Fortune 500 CEOs were ordinary teenagers, just trying to make a buck. Who bagged groceries, and who ...

Wall St. Cheat Sheet

Wall St. Cheat Sheet
Fri, 28 Mar 2014 07:37:30 -0700

Are Fortune 500 companies more considerate of LGBTQ workers' rights? According to the Human Rights Campaign, the answer is a resounding yes, with a survey showing in December that 91 percent of Fortune 500 companies offer nondiscrimination ...
 
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Mon, 31 Mar 2014 11:16:16 -0700

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In 2007, the Center's first study of this group and their use of social media was released and revealed that the Inc. 500 was outpacing the revenue based Fortune 500 in their use of social media. At that time, research showed that 8% of the Fortune 500 ...
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