![]() Originally published monthly, the journal now publishes 16 issues per year and has a strong online presence. Henry Robinson Luce created Fortune magazine in 1929.1 The inaugural edition was released the following year, and it has since grown to become one of the most influential business newspapers in the world. Understand Fortune 500 companies and history Being a Fortune 500 firm is usually seen as a badge of honor. Using publicly accessible revenue statistics, this list covers both public and private enterprises. Companies are rated according to their yearly revenues during the fiscal years in question. The Fortune 500 is a list of the 500 largest corporations in the United States issued annually by Fortune magazine. The Fortune 500 is more widely used than its subsets and supersets, the Fortune 100 and Fortune 1000. Smith, a Fortune editor, came up with the idea for the Fortune 500, which was originally published in 1955. The list covers both publicly traded firms and privately held enterprises with publicly disclosed revenue. The Fortune 500 is an annual list prepared and published by Fortune magazine that ranks 500 of the top firms in the United States by total revenue for their fiscal years. Private firms that do not file financial statements with government agencies, overseas corporations, American companies that other companies consolidate, and companies that fail to report comprehensive financial statements for at least three quarters of the current fiscal year are all omitted. Since 1955, the Fortune 500 has published a ranking of the most successful businesses. Being included on the Fortune 500 is seen as respectable, as companies on the list are thought to be of high quality. Fortune magazine gathered and published the list. See the complete FORTUNE 500 List here. The June/ July 2022 issue of FORTUNE will be on newsstands June 6.The Fortune 500 is an annual ranking of the 500 largest US corporations based on total sales for the previous fiscal year. The real winners will be the companies that not only thrived under the freakish circumstances of COVID, but can flourish once the world opens back up." 437) became the first crypto company to join the 500. Zillow, which benefited from the red-hot housing market, comes in at No. In her foreword to the June/ July 2022 issue of FORTUNE, Editor-in-Chief Alyson Shontell writes, "Several pandemic winners make their debuts this year. New York City, with 43 companies, is the top municipality followed by Houston with 21, Atlanta with 15, Chicago with 14, and Dallas with 11. 2 with 51 companies, followed by California at No. ![]() After seven years at the top, New York fell to No. For the first time since 2010, Texas is home to the most companies on the FORTUNE 500, with 53. The companies on this year's list are based in 232 different cities spread across 37 states. ![]() THE TOP TEN COMPANIES ON THE 2022 FORTUNE 500 LIST ARE: 4, CVS Health and CEO Karen Lynch continue to make FORTUNE 500 history, with CVS as the highest-ranked company ever to be led by a female CEO. 3 spot, Apple is the most profitable company on the list for the seventh time in eight years, earning $95 billion in profits. 2, saw a 22% jump in revenue, eclipsing the $450 billion mark. The top five companies held their positions on the list, with Walmart taking the top spot for the tenth year in a row, generating $5.1 trillion cumulative revenue over that time. At No. Walmart takes the top spot on the FORTUNE 500 list for the tenth year in a row, with $5.1 trillion cumulative revenue. GDP with $16.1 trillion in revenues (up 17%), $1.84 trillion in profits (up 114%), $37 trillion in market value (up 13%), and employ 29.7 million people worldwide. 44 companies on the 2022 FORTUNE 500 are led by women CEOs-an all-time high. The revenue threshold for 2022 FORTUNE 500 list was $6.4 billion, up 19% from last year. In total, FORTUNE 500 companies represent two-thirds of the U.S. NEW YORK, /PRNewswire/ - Today, FORTUNE announced the 68th FORTUNE 500, its annual list of the largest corporations in the United States, ranked by revenue for the 2021 fiscal year. 1 spot for tenth straight year, followed by and Apple
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