{"id":13845,"date":"2023-07-28T04:21:00","date_gmt":"2023-07-28T04:21:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=13845"},"modified":"2023-09-02T12:56:58","modified_gmt":"2023-09-02T12:56:58","slug":"fortune-500-company-list-2021","status":"publish","type":"post","link":"https:\/\/businessyield.com\/terms\/fortune-500-company-list-2021\/","title":{"rendered":"2023 Fortune 500 Company List Compilations & Insights (Updated)","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"
The Fortune 500 is an annual ranking of the list of the top 500 companies in the United States. This ranking is often based on total revenue, including public and private. Fortune Magazine, which is based in New York, compiles and publishes the list. This post will reveal a list of the first 200 companies in 2023 as well as brief updates on the fortune 500.<\/p>\n
Fortune Magazine is an American publication that was founded in 1929 by Henry Robinson Luce and originally catered to the upper class. The inaugural edition of the journal was published in February 1930. It has received contributions from some of the world\u2019s greatest writers, editors, illustrators, and photographers, including Ansel Adams, James Agee<\/a>, Constantin Alajalov, John Atherton, and others, over the years.<\/p>\n Today, Fortune Magazine is a globally recognized business media brand with a transnational monthly magazine, a website, and a number of conference series featuring the world\u2019s most powerful people.<\/p>\n The following are crucial figures for the Fortune 500 companies in 2023:<\/p>\n With more than $570 billion in revenue, the retail Goliath continued to hold the top spot on the Fortune 500 for a record-breaking 10 years. Walmart was able to effectively navigate a difficult 2021 thanks in part to its e-commerce offerings: sales increased by 2.4 percent, and earnings improved by 1.2 percent.<\/p>\n Walmart extended its store-to-fridge delivery service, InHome, and tested driverless delivery trucks with Ford in order to more effectively compete with delivery rivals as diverse as Amazon and DoorDash. Sales from its click-and-collect curbside pickup service increased thrice during the previous two years to $20.4 billion in 2021. The company\u2019s e-commerce strategy is now in the hands of new management after Tom Ward succeeded Casey Carl as chief e-commerce officer in February 2023.<\/p>\n The year 2021 was turbulent for the e-commerce behemoth. On July 5, 2021, founder Jeff Bezos formally resigned as president and CEO, and longstanding leader of the Amazon Web Services (AWS) cloud behemoth Andy Jassy assumed control. The business had personnel shortages, a sharp increase in employee turnover, and the strongest unionization drive since its inception.<\/p>\n Despite these challenges, Amazon managed to add a net of 310,000 new employees in 2021. In September of the same year, it also raised the minimum hourly pay from $15 to $18. Amazon\u2019s streaming service planted the seeds for future expansion when it paid $8.5 billion to acquire Hollywood studio MGM. Sales on Amazon Prime Day in 2021 totaled a record-breaking $11.19 billion. Overall, the retail and cloud computing behemoth increased revenue by more than 21% and generated $33.3 billion in profits, an astounding gain of 56.4 percent over 2020.<\/p>\n Despite experiencing difficulties globally, Apple had a number of noteworthy successes in 2021. Apple was forced to reconsider its supply chain after many of its plants and those of its suppliers were closed in China as a result of COVID. The global chip shortage increased the strain and cost Apple billions of dollars in revenue. Sales increased once the business decided to design more chip components internally. And Apple outperformed every other American corporation on that front, finishing the year with an enormous $94 billion in earnings.<\/p>\n With the Mac portfolio, which generated sales of a record $37.4 billion, Apple also significantly increased its market share in the American personal computing market. When Apple TV+ won the coveted Best Picture Oscar for its coming-of-age film CODA at the Oscars, it created waves in the entertainment industry. Apple continued to be the dominant force in the Trillion Dollar Club. In January 2023, its market value momentarily exceeded $3 trillion; however, by May, it had dropped to just $2.7 trillion, still exceeding that of every other publicly traded corporation. In early 2023, CEO Tim Cook faced significant employee backlash after receiving a sizable $99 million salary package in 2021, and many Apple employees were unhappy with the company\u2019s return-to-office plans.<\/p>\n The Fortune 500 company list is updated annually.<\/p>\n Apple was the most profitable company in 2021. In 2023 Apple has also retained its position s the most profitable with over $94 billion followed by Berkshire Hathaway with over $89 billion.<\/p>\n According to worldwide statistics, there are an estimated\u00a0213 million<\/strong> companies.<\/p>\n Fortune magazine makes and publishes the Fortune 500 list every year. It ranks the 500 biggest companies in the United States by how much money they made in their fiscal years.<\/p>\n (Opens in a new browser tab)<\/span><\/p>\nStatistics for the Fortune 500 Companies List in 2023<\/span><\/span><\/h2>\n
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The Top 3 Fortune 500 Companies list in 2023<\/span><\/span><\/h2>\n
#1. Walmart<\/span><\/h3>\n
#2. Amazon<\/span><\/h3>\n
#3. Apple <\/span><\/h3>\n
The Fortune 500 in 2023 Companies are: <\/span><\/span><\/h2>\n
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How Often Is the Fortune 500 List Updated?<\/span><\/h2>\n
What Is the Most Profitable Company 2021?<\/h2>\n
How Many Companies Are There in the World 2023?<\/h2>\n
How Many Fortune 500 Companies Are There?<\/h2>\n
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