digplanet beta 1: Athena
Share digplanet:


Applied sciences






















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 500 of the largest U.S. corporations by total revenue for their respective fiscal years.[1] The list includes public companies, along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955.[2][3]

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 limited 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.[4]

While companies in the Fortune 500 have their headquarters in various locations, more than half of the companies are incorporated in the State of Delaware.[5]

See also[edit]


  1. ^ Fortune 500, USPages.com.
  2. ^ "Fortune 500 Companies". Fortune. Retrieved 10 August 2015. 
  3. ^ "Edgar Smith, 69, Dies; Retired Time Executive". New York Times. 
  4. ^ Groves, Martha (26 April 1995). "Service Now Counts With Fortune 500". Los Angeles TImes. Retrieved 26 April 2014. 
  5. ^ "Why Businesses Choose Delaware". Retrieved 17 October 2015. 

External links[edit]

Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Fortune_500 — Please support Wikipedia.
This page uses Creative Commons Licensed content from Wikipedia. A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia.

671494 news items


Wed, 10 Feb 2016 11:06:16 -0800

Fortune 500 firms and other large companies swept up billions in federal small business contracts last year, including companies like Apple, Verizon, General Electric, and Boeing. A total of 151 Fortune 500 firms landed government and small business ...


Wed, 10 Feb 2016 02:30:00 -0800

NORFOLK, Va. (AP) — The Norfolk city council has agreed to spend $5 million to entice a Fortune 500 company to bring an expected 2,000 jobs downtown. The Virginian-Pilot (http://bit.ly/1mrT7Gz ) reports the council agreed in a unanimous decision ...
Lexington Dispatch
Wed, 10 Feb 2016 22:26:40 -0800

In a time where big conglomerates continue to grow with big profits, many Americans feel a sense of animosity toward Fortune 500 companies. And if the American public hadn't already taken notice of this growth trend, presidential candidates are calling ...


Tue, 09 Feb 2016 05:54:08 -0800

Ever get the feeling that everyone's on social media? It's understandable, since according to Pew Research, 65% of Americans are sharing and tweeting and linking every day. But there's one group that is sorely underrepresented when it comes to social ...
Wed, 10 Feb 2016 03:03:45 -0800

Five Things today brings you a possible deficit in Portsmouth, a Fortune 500 deal in Norfolk and a field house in Chesapeake. Coming up short: City staff says Portsmouth will face a shortfall of millions of dollars in the next fiscal year. Fortune 500 ...


Thu, 04 Feb 2016 11:42:35 -0800

The most notable change on the list comes from Walmart WMT -0.03% , which dropped off the roster of the Fortune 500's 10 most valuable companies in the past year. It's now No. 13, having lost $53 billion in market value. Last year, Walmart said it ...


Mon, 08 Feb 2016 14:21:00 -0800

NORFOLK, Va. (WAVY) – Big business — It's on city council's agenda tonight in Norfolk. As new buildings are rising, the framework of a revitalized downtown Norfolk is coming together piece by piece. Downtown Norfolk may soon be home to a new Fortune ...

PR Newswire (press release)

PR Newswire (press release)
Tue, 09 Feb 2016 09:14:45 -0800

DALLAS, Feb. 9, 2016 /PRNewswire/ -- The Dallas-based law firm Carrington, Coleman, Sloman & Blumenthal, LLP, has bolstered its corporate transaction and counseling services with the addition of former Fortune 500 general counsel David W. Black.

Oops, we seem to be having trouble contacting Twitter

Support Wikipedia

A portion of the proceeds from advertising on Digplanet goes to supporting Wikipedia. Please add your support for Wikipedia!

Searchlight Group

Digplanet also receives support from Searchlight Group. Visit Searchlight