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The Info List - Fortune 500



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The FORTUNE 500 is an annual list compiled and published by _Fortune _ magazine that ranks 500 of the largest United States
United States
corporations by total revenue for their respective fiscal years. The list includes publicly held companies , along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a _Fortune_ editor, and the first list was published in 1955. The Fortune 500
Fortune 500
is more commonly used than its subset Fortune 100 or wider list Fortune 1000 .

CONTENTS

* 1 Methodology * 2 History * 3 Fortune 500
Fortune 500
lists * 4 See also * 5 References * 6 External links

METHODOLOGY

The original Fortune 500
Fortune 500
was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, _Fortune_ published companion "Fortune 50" lists of the 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues). Fortune magazine changed its methodology in 1994 to include service companies. With the change came 291 new entrants to the famous list including three in the Top 10.

HISTORY

The Fortune 500
Fortune 500
was first published in 1955; created by Edgar P. Smith. The original top ten companies were General Motors
General Motors
, Exxon Mobil
Mobil
, U.S. Steel , General Electric
General Electric
, Esmark , Chrysler
Chrysler