• Latest
  • Trending
70th Annual Fortune 500 List: Walmart, Amazon, Apple take top three spots

70th Annual Fortune 500 List: Walmart, Amazon, Apple take top three spots

What Vibe Coding means in the age of AI

How vibe coding can help small businesses to build apps? 

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

Hiring declines in Indian IT as layoffs increase worldwide

Hiring declines in Indian IT as layoffs increase worldwide

Defence Production Dept. strengthens ties with Karnataka to boost manufacturing

Defence Production Dept. strengthens ties with Karnataka to boost manufacturing

xAI launches Grok Code Fast 1 to compete in AI coding

xAI launches Grok Code Fast 1 to compete in AI coding

Google Cloud brings Gemini AI to all platforms, boosts enterprise AI in Singapore

Google Cloud brings Gemini AI to all platforms, boosts enterprise AI in Singapore

New AI tool from OpenAI can write and fix code

New AI tool from OpenAI can write and fix code

ADIO partners with Ant International to boost Abu Dhabi’s fintech ecosystem

ADIO partners with Ant International to boost Abu Dhabi’s fintech ecosystem

Cognizant and Eagle Eye partner for AI-Powered loyalty solutions

Cognizant and Eagle Eye partner for AI-Powered loyalty solutions

Nvidia hits $4 trillion as AI demand surges

Nvidia hits $4 trillion as AI demand surges

Saturday, August 30, 2025
  • Login
Data Biz Times
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
  • Data Story
  • Artificial Intelligence
  • Media Release
  • Technology
  • Business
  • Contact Us
No Result
View All Result
Data Biz Times
No Result
View All Result

70th Annual Fortune 500 List: Walmart, Amazon, Apple take top three spots

in Blog
Reading Time: 3 mins read
0
70th Annual Fortune 500 List: Walmart, Amazon, Apple take top three spots
Share on FacebookShare on Twitter

Srotaswini Mohapatra

Pune, 4 July 2024

RelatedPosts

Govt bans real-money gaming, points to ₹20,000 crore yearly losses

How Small Language Models are helping in real world work

Rust programming language and its key role in shaping next-gen applications

Fortune released the Fortune 500™ ranking for 2024, marking the 70th year of the iconic annual list of the largest corporations in the United States, ranked by revenue for the 2023 fiscal year. Walmart is No. 1 for the 12th year in a row, followed by Amazon, Apple, UnitedHealth Group, and Berkshire Hathaway.

FORTUNE ANNOUNCES 2024 FORTUNE 500.
In the first year of the list, 1955, Fortune 500 companies generated revenues of $1.5 trillion (inflation-adjusted), compared to $18.8 trillion now. The revenue threshold for making the 2024 Fortune 500 was $7.1 billion, down 2% from a year ago. Retailers, utilities, and insurance companies led all industries with the most Fortune 500 companies on the list.

In total, Fortune 500 companies are two-thirds of the U.S. GDP, totaling $18.8 trillion (up 4%) in revenues, net income amounting to $1.7 trillion (up 10%), and market capitalization reaching $43.0 trillion, (up 30%), while the companies on the list employed 31 million people worldwide. The complete dataset is available for purchase.

Separately from the independent creation of this year’s list, Fortune has been collaborating with Accenture on an innovative generative AI product built on the proprietary Fortune 500 and 1000 data as well as decades of Fortune’s trusted and award-winning business journalism. The product, Fortune Analytics, is currently in closed beta. Accenture and Fortune will celebrate this work and the 70th edition of the Fortune 500 at an invitation-only event this evening at the New York Stock Exchange.

THE TOP TEN COMPANIES ON THE 2024 FORTUNE 500 LIST ARE:

  1. Walmart
  2. Amazon
  3. Apple
  4. UnitedHealth Group
  5. Berkshire Hathaway
  6. CVS Health
  7. Exxon Mobil
  8. Alphabet
  9. McKesson
  10. Cencora

Each year the list welcomes new companies, and 14 companies are making their debut this year: BrightSpring Health Services, Concentrix, DoorDash, EchoStar, First Citizens BancShares, GE HealthCare Technologies, Interactive Brokers Group, Intuitive Surgical, Microchip Technology, Monster Beverage Corporation, New York Community Bancorp, Supermicro, Workday, and Xylem.

In her foreword to the June/July 2024 issue of Fortune, Editor in Chief Alyson Shontell noted the first Fortune 500 ranking was focused on manufacturing-heavy “industrials,” but 70 years later the list measures all industries, with retailers, banks, tech, and health care being the fastest-growing sectors. There are 49 companies that have been on the Fortune 500 for all of its 70 years, of which Shontell notes, “Staying big and successful for 70 years is no easy feat. The lifespan of most large companies is only a few decades.”

“Each year the Fortune 500 list tells the incredible story of American business, from tough times to fantastic heights, always based on facts and research, and surrounded by Fortune’s outstanding journalism and amazing stories about the business world,” said Anastasia Nyrkovskaya, Fortune’s Chief Executive Officer. We will continue to bring the Fortune 500 to our expanding audience, and in new and dynamic ways in the years ahead.”

Source: FORTUNE Media

Related Posts

Govt bans real-money gaming, points to ₹20,000 crore yearly losses

Govt bans real-money gaming, points to ₹20,000 crore yearly losses

0

Athira Sethu Kochi, 21 August 2025 The Indian government has made the decision to prohibit all kinds of online real-money...

How Small Language Models are helping in real world work

How Small Language Models are helping in real world work

1

Athira Sethu Kochi, 18 August 2025 Big AI models are employed everywhere, from coding to data analysis to interaction with...

Rust programming language and its key role in shaping next-gen applications

Rust programming language and its key role in shaping next-gen applications

0

Athira Sethu Kochi, 8 August 2025 Rust is a computer programming language that has quickly become popular because of its...

Mobile Apps you can build with Python

Mobile Apps you can build with Python

0

Athira Sethu Kochi, 6 August 2025 After the COVID-19 pandemic, more businesses have moved online. This has made mobile apps...

What Vibe Coding means in the age of AI
Tech

How vibe coding can help small businesses to build apps? 

0

Athira Sethu Kochi, 30 August 2025 Vibe coding is a new method of programming applications without having to learn programming...

Read moreDetails
O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model
Business

O2 Telefónica, Tech Mahindra & NVIDIA launch Large Telco Model

0

DBT Bureau Pune, 29 August 2025 O2 Telefónica Germany will launch its Large Telco Model (LTM) to strengthen the Service...

Read moreDetails
Fusion CX expands in India with new 350-seat delivery center in Bengaluru
Media Release

Fusion CX expands in India with new 350-seat delivery center in Bengaluru

0

DBT Bureau Pune, 29 August 2025 Fusion CX, a global leader in customer experience (CX) and business process management, has...

Read moreDetails
Galaxy Tab S10 Lite: A value-packed tablet for everyday needs
Mobile

Galaxy Tab S10 Lite: A value-packed tablet for everyday needs

0

Immersive display: A 10.9-inch screen with Vision Booster and up to 600 nits peak brightness delivers vibrant viewing indoors and...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Media Release
  • Data Story
  • Business
  • Tech
  • Artificial Intelligence

Data Biz Times © 2024. All Rights Reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?