Country for PR: United States
Contributor: PR Newswire New York
Monday, August 02 2021 - 18:00
AsiaNet
FORTUNE Releases Annual Fortune Global 500 List
NEW YORK, Aug. 2, 2021 /PRNewswire-AsiaNet/ --

-- 2021 Ranking Features 143 Chinese Companies, 122 U.S. Companies, and 53 
Japanese Companies

-- Walmart Maintains Top Spot for 8th straight year

Today, FORTUNE announced the FORTUNE Global 500 for the 2020 fiscal year, 
ranking the world's largest corporations by revenue. Walmart claimed the top 
spot for the eighth consecutive year, and for the 16th time since 1995. 
Mainland China (including Hong Kong) once again has the most companies on the 
list, up 11 from last year with 135. Adding Taiwan, the total for Greater China 
is 143. The U.S. is up one with 122, and Japan held steady with a total of 53. 
The companies on the 2021 list are based in 220 cities and 31 countries around 
the world. This year there are 23 women CEOs of FORTUNE Global 500 companies, 
nine more than last year. 

Photo - https://mma.prnewswire.com/media/1584491/Fortune_G500.jpg 

FORTUNE Global 500 companies generated revenues totaling more than one-third of 
the world's GDP. They generated $31.7 trillion in revenues (down 5%), $1.6 
trillion in profits (down 20%) and employ 69.7 million people worldwide. 

Apple (No. 6) netted $57 billion in profits, and is the FORTUNE Global 500's 
most profitable company in 2021, ending Saudi Aramco's (No. 14) two-year reign.

Of the 2021 rankings, FORTUNE List Editor Scott DeCarlo says, "The radical 
changes the pandemic has wrought will have long-term implications for 
businesses worldwide. Using it as a catalyst, the Global 500 showed the world 
how to adapt, evolve, and reinvent themselves. The Global 500 is a picture of a 
world we're rapidly leaving behind and also a guide to the new environment 
taking shape."

THE FORTUNE GLOBAL 500 TOP 10 LIST: 

1. Walmart (U.S.)
2. State Grid (China)
3. Amazon.com (U.S.)
4. China National Petroleum (China)
5. Sinopec (China)
6. Apple (U.S.)
7. CVS Health (U.S.)
8. UnitedHealth Group (U.S.)
9. Toyota Motor (Japan)
10. Volkswagen (Germany)

View the complete ranking here. ( 
https://c212.net/c/link/?t=0&l=en&o=3243792-1&h=3572549055&u=https%3A%2F%2Ffortune.com%2Fglobal500%2F&a=View+the+complete+ranking%C2%A0here. 
), or on www.fortunechina.com

Explore a data visualization of the history of the Global 500.  ( 
https://c212.net/c/link/?t=0&l=en&o=3243792-1&h=736195844&u=https%3A%2F%2Fqlik.fortune.com%2Fglobal500%2F&a=Explore+a+data+visualization+of+the+history+of+the+Global+500.%C2%A0 
)

In his foreword to the Aug./Sept. 2021 issue, FORTUNE Acting Editor-in-Chief 
Brian O'Keefe writes: "Our annual ranking of the world's largest companies by 
revenue remains the ultimate scorecard for business success. Consider that 
despite the impact of the pandemic, the companies on the list generated $31.7 
trillion in revenue last year, equivalent to one-third of global GDP. But the 
COVID-19 crisis also proved to be a time of transformative change for the 
world's biggest corporations, with 45 new companies joining the list." 

Companies are ranked by total revenues for their respective fiscal years ended 
on or before March 31, 2021. All companies on the list must publish financial 
data and report part or all of their figures to a government agency. Figures 
are as reported, and comparisons are with the prior year's figures as 
originally reported for that year.  

About FORTUNE
FORTUNE drives the conversation about business. With a global perspective, the 
guiding wisdom of history, and an unflinching eye to the future, we report and 
reveal the stories that matter today-and that will matter even more tomorrow. 
With the trusted power to convene and challenge those who are shaping industry, 
commerce and society around the world, FORTUNE lights the path for global 
leaders-and gives them the tools to make business better. For more information, 
visit www.fortune.com .

Media Contact: Alison Klooster 
+1-646-437-6613 
Alison.klooster@fortune.com 

SOURCE: FORTUNE Media


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