• 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

4 July 2024
Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

2 August 2025
How to build your first game

How to build your first game

2 August 2025
Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum

Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum

2 August 2025
LIC Housing kicks off FY26 with 5% profit jump, zero processing fee pushes growth

LIC Housing kicks off FY26 with 5% profit jump, zero processing fee pushes growth

2 August 2025
Trump launches crypto venture to fuel 2024 Presidential run

Indian state-owned oil firms cut Russian crude orders

1 August 2025
Boeing reports $22.7 billion in Q2 revenue amid ongoing recovery efforts

Boeing reports $22.7 billion in Q2 revenue amid ongoing recovery efforts

1 August 2025
PwC’s latest M&A technology platform reimagines the way clients do deals

PwC’s latest M&A technology platform reimagines the way clients do deals

1 August 2025
Turn your idea into an App without tech skills

Turn your idea into an App without tech skills

1 August 2025
LTIMindtree and Adobe launch CraftStudio to power smarter marketing

LTIMindtree and Adobe launch CraftStudio to power smarter marketing

31 July 2025
Top 10 Python skills every developer should learn

The building blocks of Python Syntax explained

31 July 2025
Cognizant beats Q2 guidance, announces $2 billion shareholder return plan

Cognizant beats Q2 guidance, announces $2 billion shareholder return plan

31 July 2025
Retailers are not buying Trump’s ‘Eat the Tariffs’ advice

How Trump’s tariffs could impact India’s major industries?

31 July 2025
Sunday, August 3, 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

Srotaswini Mohapatra

Pune, 4 July 2024

RelatedPosts

How to build your first game

Turn your idea into an App without tech skills

The building blocks of Python Syntax explained

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

How to build your first game

How to build your first game

by databiztimes.com
2 August 2025
0

Athira Sethu Kochi, 2 August 2025 Game development is the act of making video games, and it has various important...

Turn your idea into an App without tech skills

Turn your idea into an App without tech skills

by databiztimes.com
1 August 2025
0

Athira Sethu Kochi, 1 August 2025 No-code development is a simple and new means of creating apps, websites, and software,...

Top 10 Python skills every developer should learn

The building blocks of Python Syntax explained

by databiztimes.com
31 July 2025
0

Athira Sethu Kochi, 31 July 2025 Python syntax refers to the rules by which Python code is supposed to be...

Why business users are choosing Python over Excel

Why business users are choosing Python over Excel

by databiztimes.com
30 July 2025
0

Athira Sethu Kochi, 30 July 2025 Python is being used as an increasingly effective tool in the business world, with...

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth
Media Release

Posco taps Oracle Autonomous Database to power smart manufacturing and AI-driven growth

by databiztimes.com
2 August 2025
0

DBT Bureau Pune, 3 August 2025 POSCO, one of the world’s largest steelmakers, has implemented Oracle Autonomous Database to streamline...

Read moreDetails
How to build your first game
Blog

How to build your first game

by databiztimes.com
2 August 2025
0

Athira Sethu Kochi, 2 August 2025 Game development is the act of making video games, and it has various important...

Read moreDetails
Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum
Media Release

Amazon Q2 2025 profit surges to $18.2 billion on strong AWS and AI momentum

by databiztimes.com
2 August 2025
0

DBT Bureau Pune, 2 August 2025 Amazon.com, Inc. announced financial results for its second quarter ended June 30, 2025. Net...

Read moreDetails
LIC Housing kicks off FY26 with 5% profit jump, zero processing fee pushes growth
Media Release

LIC Housing kicks off FY26 with 5% profit jump, zero processing fee pushes growth

by databiztimes.com
2 August 2025
0

DBT Bureau Pune, 2 August 2025 The Board of Directors of LIC Housing Finance Ltd. announced its standalone audited results...

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?