Fortune Global 500
The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.
Until 1989, it listed only non-US industrial corporations under the title "International 500" while the Fortune 500 contained and still contains exclusively US corporations. In 1990, U.S. companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue.
From 2001 to 2012, there was a significant change in the geographical distribution of the companies in the Global 500 rankings. The number of North American-based companies reduced from 215 in 2001 to 144 in 2011, and the contribution of Asian-based companies increased rapidly from 116 in 2001 to 188 in 2012. Most of this growth is accounted for by the rapid increase in the number of Chinese Global 500 companies, of which there were 98 by 2015 (increasing from only 10 in 2001) The share of European-based companies increased marginally, from 158 to 160, over the decade.[1]
Controversy
Several inconsistencies exist in Fortune's ranking of cities with the most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, not including regional headquarters for other cities, and in some cases, not including headquarters that are physically located inside a city limit.[2]
Fortune Global 500 list of year 2015
The rankings, which have been released by the magazine at its website, appear in the July 22, 2015, issue of the magazine.
The following is the list of top 10 companies, as published on July 22, 2015. It is based on the companies' fiscal year ended on or before March 31, 2015.[3]
| Rank | Company | Country | Industry | Revenue in USD |
|---|---|---|---|---|
| 1 | Walmart |  United States |
Retail | $485.7 billion |
| 2 | Sinopec |  China |
Petroleum | $446.8 billion |
| 3 | Royal Dutch Shell |  Netherlands United Kingdom† |
Petroleum | $431.3 billion |
| 4 | China National Petroleum Corporation | China |
Petroleum | $428.6 billion |
| 5 | ExxonMobil | United States |
Petroleum | $382.6 billion |
| 6 | BP | United Kingdom |
Petroleum | $358.7 billion |
| 7 | State Grid Corporation of China | China |
Power | $339.4 billion |
| 8 | Volkswagen |  Germany |
Automobiles | $268.6 billion |
| 9 | Toyota |  Japan |
Automobiles | $247.7 billion |
| 10 | Glencore |  Switzerland United Kingdom |
Commodities | $221.0 billion |
† Fortune had previously listed Shell as a Dutch company, but as of the 2013 listing, it is listed as British/Dutch.
Breakdown by country
This is the list of the top 10 countries with the most Global 500 companies.[4]
| Rank | Country | Companies |
|---|---|---|
| 1 | USA | 127 |
| 2 | China | 98 |
| 3 | Japan | 54 |
| 4 |  France | 31 |
| 5 | United Kingdom† | 29 |
| 6 | Germany | 28 |
| 7 |  South Korea | 17 |
| 8 | Netherlands† | 13 |
| 9 | Switzerland | 12 |
| 10 |  Canada | 11 |
† The Global 500 includes 1 company under the heading "Britain/Netherlands". That company is counted in the tally for both countries.
According to the Fortune website, as of 2015 the Global 500 are represented by a total of 36 countries. However, 472 (94.4%) of the Global 500 are represented by only 16 countries: two in North America (Canada, USA,) six in Western Europe (France, Germany, Italy, Netherlands, Switzerland, UK,) four in East Asia (China, Japan, South Korea, Taiwan,) plus Australia, Brazil, India and Russia. Of these 16 countries, 13 are the world's largest economies as estimated by the IMF (List_of_countries_by_GDP_(nominal)) and are also members of the G20 (the exceptions being the Netherlands, Switzerland and Taiwan.)
See also
- 40 under 40 (Fortune Magazine)
- Fortune India 500
- Forbes Global 2000
- Fortune 500
- List of largest companies by revenue
- List of companies by employees
- List of corporations by market capitalization
References
- ↑ "A New Perspective on the Corporate World". CNN Money, Fortune Magazine. Retrieved 8 July 2013.
- ↑ Maria Saporta. "Some cities rankings are overstated". Atlanta Business Chronicle. Retrieved 28 October 2012.
- ↑ "Global 500". Fortune. Retrieved July 7, 2014.
- ↑ "Global 500 2015". Fortune. Number of companies data taken from the "Country" box.