Sunday, February 25, 2024
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Tech and Innovation

Top Fortune 500 Companies In The US


The globally famed Fortune magazine compiles a list of the largest 500 companies in the USA every year, the basis for which remains the annual revenue for the relevant year. The magazine covers public as well as private companies for which the data are publicly available.

Here’s the list of top Fortune 500 Companies in the USA, the annual revenues of which are mentioned in the US $ million.

  1. Walmart ($514,405)
    The word ‘Walmart’ is known to every single child in the world. Headquartered in Bentonville (Arkansas), Walmart Inc. is a multinational retail corporation in America that is known to function as a chain of department stores, hypermarkets, and grocery stores. It has grown immensely since its foundation in the year 1962. Its annual revenue has turned out to be roughly US $ 514,405 million.
  2. ExxonMobil ($290,212)
    Headquartered in Irving, Texas, Exxon Mobil Corporation is an American oil and gas corporation that operates in numerous countries. It is an outcome of the merger of two corporations, Exxon and Mobil that happened in the year 1999. It is a wonder on a couple of points, e.g., it is the largest company in the energy industry that is not owned by the government. It roughly contributes to the world’s production of oil and energy to be 3% and 2% respectively.
  3. Apple ($265,595)
    Apple is yet another popular name globally, especially among the youth. It is a technology company that manufactures/creates software and electronics and provides online services. When talking about the world at large, it won’t be surprising to know that Apple Inc. is the fourth-largest seller of personal computers by unit sales and the second-largest mobile phone manufacturer. Apple turned out to be the first publicly-traded company in the US that was valued at over $1 trillion in 2018, and then there was no way to look back.
  4. Berkshire Hathaway Inc ($247,837)
    Headquartered in Omaha, Nebraska, Berkshire Hathaway Inc is an American company that is diversified in various fields. It owns shares in ‘n’ numbers of companies, wholly-owned in a few including Duracell, BNSF, Long & Foster, Helzberg Diamonds, etc., significant in some, whereas minority holdings in companies including American Express, Bank of America, and Apple. It has already entered into and doing immensely well in the businesses of confectionery, encyclopedias, home furnishings, retail, etc.
  5. Amazon ($232,887)
    Majorly known for e-commerce and digital streaming, Amazon is yet another multinational company in the technology field. It is also into cloud computing, consumer electronics, self-driving cars, supermarket, and artificial intelligence and is undoubtedly known as one of the most valuable brands in the world. It distributes content like videos and music online, publishes books, and produces consumer electronics like Fire TV, Echo devices, Kindle e-readers, Fire tablets, etc. It also has its film and television studio, namely Metro-Goldwyn-Mayer.
  6. United Health Group ($226,247)
    Based in Minnetonka (Minnesota), United Health Group is a well-managed healthcare and insurance company in America that offers quality healthcare products and insurance services. UnitedHealthcare is the most significant contributor (80%) to the Group’s overall revenue by majorly offering commercial group insurance plans throughout the country. It is doing phenomenal since its inception; where its revenue was 46,425 million US dollars in the year 2005, it has reached 226,247 million US dollars in the year 2021.

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CEOWORLD magazine - Latest - Tech and Innovation - Top Fortune 500 Companies In The US
Ryan Miller
Ryan Miller is CEOWORLD magazine's executive editor of news, writing analysis, and long-form reporting. In his role, he coordinates and tracks the publication of special packages, magazine stories, and the publication’s signature lists. He's a somewhat long-suffering supporter of Manchester United F.C. and a genuinely long-suffering fan of the Los Angeles Clippers.