Revealed! From Google To Walmart – Top 10 Companies On The Fortune 500 List Of 2023

Walmart is at the top of the list for the eleventh year in a row according to the 2023 Fortune 500 list, which was just released. In the most recent fiscal year 2022–2023, it generated enormous revenues of $611.3 billion.

The minimum revenue needed to make it to this year’s list was $7.24 billion, about $850 million more than last year’s $6.39 billion. These are top 10 companies On The Fortune 500 List Of 2023:

1. Walmart

wallmart
wallmart
  • Walmart is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores.
  • It is the world’s largest retailer by revenue, and the largest private employer in the world with over 2.3 million employees.
  • Walmart was founded in 1962 by Sam Walton in Rogers, Arkansas.
  • The company’s headquarters are in Bentonville, Arkansas.
  • Walmart operates over 10,500 stores and clubs in 24 countries.
  • The company’s main brands are Walmart, Sam’s Club, and Walmart Neighborhood Market.
  • Walmart is known for its low prices and wide selection of products.
  • The company has been criticized for its impact on small businesses and its labor practices.

Walmart is a controversial company, but it is also one of the most successful retailers in the world. It is a major force in the global economy, and its impact on society is far-reaching.

Here are some of the reasons why Walmart is so famous:

  • Its size and scale. Walmart is the world’s largest retailer, and it has a presence in many countries around the world.
  • Its low prices. Walmart is known for its low prices, and it often undercuts its competitors.
  • Its convenience. Walmart offers a wide variety of products, and it is often located in convenient locations.
  • Its omnichannel presence. Walmart offers a variety of ways to shop, including in-store, online, and through its app.

Walmart is a major force in the retail industry, and it is likely to continue to be a major player in the years to come.

2. Amazon

amazon
amazon
  • Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence.
  • It is one of the Big Five American information technology companies, along with Alphabet, Apple, Meta, and Microsoft.
  • It is the world’s largest online retailer and the world’s second-largest public company by market capitalization.
  • Amazon was founded in 1994 by Jeff Bezos in Bellevue, Washington.
  • The company’s headquarters are in Seattle, Washington.
  • Amazon operates in over 100 countries and territories worldwide.
  • The company’s main brands are Amazon, Amazon Web Services, Audible, Zappos, Twitch, and Whole Foods Market.
  • Amazon is known for its wide selection of products, its low prices, and its fast shipping.

Here are some of the reasons why Amazon is so famous:

  • Its size and scale. Amazon is the world’s largest online retailer, and it has a presence in many countries around the world.
  • Its low prices. Amazon is known for its low prices, and it often undercuts its competitors.
  • Its convenience. Amazon offers a wide variety of products, and it is often located in convenient locations.
  • Its innovation. Amazon is constantly innovating, and it is always looking for new ways to improve its services.
  • Its customer service. Amazon has a reputation for excellent customer service, and it is known for going above and beyond to make sure its customers are happy.

Amazon is a major force in the global economy, and it is likely to continue to be a major player in the years to come.

3. Exxon Mobil

exxon mobil
exxon mobil
  • Exxon Mobil Corporation is an American multinational oil and gas corporation.
  • It is the world’s largest publicly traded international oil and gas company and holds an industry-leading inventory of resources.
  • ExxonMobil was formed in 1999 by the merger of Exxon and Mobil.
  • The company’s headquarters are in Irving, Texas.
  • ExxonMobil has operations in over 40 countries and employs over 75,000 people.
  • The company’s main products are crude oil, natural gas, and petroleum products.
  • ExxonMobil is also a major producer of chemicals and lubricants.

ExxonMobil is a controversial company, but it is also one of the most successful businesses in the world. It is a major force in the global economy, and its impact on society is far-reaching.

Here are some of the reasons why ExxonMobil is so famous:

  • Its size and scale. ExxonMobil is the world’s largest publicly traded oil and gas company, and it has a presence in many countries around the world.
  • Its brand recognition. ExxonMobil is one of the most recognizable brands in the world, and its logo is instantly recognizable.
  • Its history. ExxonMobil is a legacy company, and it has been in business for over 100 years.
  • Its financial performance. ExxonMobil is one of the most profitable companies in the world, and it has consistently generated strong financial results.

ExxonMobil is a major force in the oil and gas industry, and it is likely to continue to be a major player in the years to come.

4. Apple

apple
apple
  • Apple Inc. is an American multinational technology company that specializes in consumer electronics, computer software, and online services.
  • It is one of the Big Five American information technology companies, along with Amazon, Alphabet, Microsoft, and Meta.
  • It is the world’s largest information technology company by revenue and market capitalization.
  • Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne.
  • The company’s headquarters are in Cupertino, California.
  • Apple designs, manufactures, and markets a wide range of products, including the iPhone, iPad, Mac, Apple Watch, AirPods, Apple TV, and HomePod.
  • The company also offers a variety of software products, including the macOS, iOS, iPadOS, watchOS, tvOS, and macOS.
  • Apple is a major force in the global economy, and its products are used by people all over the world.

Here are some of the reasons why Apple is so famous:

  • Its innovative products. Apple is known for its innovative products, which have often set the standard for the industry.
  • Its strong brand. Apple has one of the strongest brands in the world, and its products are often seen as status symbols.
  • Its loyal customer base. Apple has a loyal customer base, which is often willing to pay a premium for its products.
  • Its marketing campaigns. Apple’s marketing campaigns are often some of the most creative and effective in the world.

Apple is a major force in the technology industry, and it is likely to continue to be a major player in the years to come.

5. UnitedHealth Group

united healthcare
united healthcare
  • UnitedHealth Group Incorporated is an American multinational managed healthcare and insurance company based in Minnetonka, Minnesota.
  • It is the world’s largest healthcare company by revenue, and the largest insurance company by net premiums.
  • UnitedHealth Group was founded in 1977 by Richard T. Burke.
  • The company’s headquarters are in Minnetonka, Minnesota.
  • UnitedHealth Group operates in over 100 countries and territories worldwide.
  • The company’s main brands are UnitedHealthcare, Optum, and AmeriChoice.
  • UnitedHealthcare is a health insurance company that offers a variety of health plans, including employer-sponsored health insurance, individual health insurance, and Medicare health insurance.
  • Optum is a healthcare services company that provides a variety of healthcare services, including pharmacy benefits management, behavioral health services, and data analytics.
  • AmeriChoice is a managed care company that offers a variety of managed care plans, including Medicaid health plans and Medicare Advantage health plans.

UnitedHealth Group is a major force in the healthcare industry, and it is likely to continue to be a major player in the years to come.

Some of the reasons why UnitedHealth Group is so famous:

  • Its size and scale. UnitedHealth Group is the world’s largest healthcare company by revenue, and it has a presence in many countries around the world.
  • Its brand recognition. UnitedHealth Group is one of the most recognizable brands in the healthcare industry, and its logo is instantly recognizable.
  • Its history. UnitedHealth Group is a legacy company, and it has been in business for over 40 years.
  • Its financial performance. UnitedHealth Group is one of the most profitable companies in the world, and it has consistently generated strong financial results.

UnitedHealth Group is a major force in the healthcare industry, and it is likely to continue to be a major player in the years to come.

6. CVS Health

CVSHealth
CVSHealth
  • CVS Health Corporation (formerly CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands.
  • The company is the world’s largest healthcare company, and its headquarters are in Woonsocket, Rhode Island.
  • CVS Health was founded in 1963 as Consumer Value Stores, a chain of drugstores.
  • The company acquired Caremark Rx in 2007, and Aetna in 2018.
  • CVS Health operates over 10,000 stores in the United States and Puerto Rico.
  • The company employs over 300,000 people.
  • CVS Health’s annual revenue is over $250 billion.

CVS Health is a major force in the healthcare industry, and it is likely to continue to be a major player in the years to come.

Some of the reasons why CVS Health is so famous:

  • Its size and scale. CVS Health is the world’s largest healthcare company by revenue, and it has a presence in many countries around the world.
  • Its brand recognition. CVS Health is one of the most recognizable brands in the healthcare industry, and its logo is instantly recognizable.
  • Its history. CVS Health is a legacy company, and it has been in business for over 50 years.
  • Its financial performance. CVS Health is one of the most profitable companies in the world, and it has consistently generated strong financial results.

CVS Health is a major force in the healthcare industry, and it is likely to continue to be a major player in the years to come.

7. Berkshire Hathaway

The-Berkshire-Hathaway
The-Berkshire-Hathaway
  • Berkshire Hathaway Inc. is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States.
  • It is the world’s largest holding company by market capitalization, and one of the most valuable companies in the world.
  • The company was founded in 1965 by Warren Buffett, who is the chairman and CEO of Berkshire Hathaway.
  • Berkshire Hathaway’s subsidiaries operate in diverse sectors such as insurance, energy, transportation, manufacturing, and retail.
  • Some of Berkshire Hathaway’s most well-known subsidiaries include GEICO, Dairy Queen, BNSF Railway, and Fruit of the Loom.
  • Berkshire Hathaway is known for its long-term investment strategy and its focus on value investing.
  • The company has generated consistently strong returns for its shareholders over the past few decades.

Here are some of the reasons why Berkshire Hathaway is so famous:

  • Its size and scale. Berkshire Hathaway is the world’s largest holding company by market capitalization, and it has a presence in many countries around the world.
  • Its brand recognition. Berkshire Hathaway is one of the most recognizable brands in the investment world, and its logo is instantly recognizable.
  • Its history. Berkshire Hathaway is a legacy company, and it has been in business for over 50 years.
  • Its financial performance. Berkshire Hathaway is one of the most profitable companies in the world, and it has consistently generated strong financial results.
  • Its management team. Berkshire Hathaway is managed by Warren Buffett, one of the most respected investors in the world.

Berkshire Hathaway is a major force in the global economy, and it is likely to continue to be a major player in the years to come.

8. Alphabet

alphabet
alphabet
  • Alphabet Inc. is an American multinational conglomerate holding company headquartered in Mountain View, California.
  • It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries.
  • Alphabet is the world’s third-largest technology company by revenue and one of the world’s most valuable companies.
  • It is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft.
  • Alphabet’s subsidiaries include Google, Waymo, Verily, X, XXVI Holdings Inc., CapitalG, and GV.
  • Google is Alphabet’s largest subsidiary, and it is the world’s most popular search engine.
  • Other notable Alphabet subsidiaries include Waymo, which is developing self-driving cars, and Verily, which is focused on health technology.
  • Alphabet is a major force in the global economy, and it is likely to continue to be a major player in the years to come.

Here are some of the reasons why Alphabet is so famous:

  • Its size and scale. Alphabet is the world’s third-largest technology company by revenue, and it has a presence in many countries around the world.
  • Its brand recognition. Alphabet is one of the most recognizable brands in the technology world, and its logo is instantly recognizable.
  • Its subsidiaries. Alphabet’s subsidiaries include some of the world’s most innovative and successful companies, such as Google and Waymo.
  • Its financial performance. Alphabet is one of the most profitable companies in the world, and it has consistently generated strong financial results.

Alphabet is a major force in the technology industry, and it is likely to continue to be a major player in the years to come.

9. McKesson

McKesson
McKesson
  • McKesson Corporation is an American multinational healthcare company that provides pharmaceutical distribution, healthcare information technology, and medical supplies.
  • It is the largest healthcare company in the United States by revenue, and the second-largest healthcare company in the world.
  • The company was founded in 1833 as a wholesale druggist in New York City.
  • McKesson has headquarters in Irving, Texas, and employs over 78,000 people worldwide.
  • The company’s main brands are McKesson, McKesson Medical-Surgical, and CoverMyMeds.
  • McKesson is a major supplier of pharmaceuticals to hospitals, pharmacies, and other healthcare providers.
  • The company also provides healthcare information technology solutions, such as electronic health records and patient engagement platforms.
  • McKesson is a major player in the global healthcare industry, and it is likely to continue to be a major player in the years to come.

McKesson is a controversial company, but it is also one of the most successful businesses in the world. It is a major force in the global economy, and its impact on society is far-reaching.

Here are some of the reasons why McKesson is so famous:

  • Its size and scale. McKesson is the largest healthcare company in the United States by revenue, and the second-largest healthcare company in the world.
  • Its brand recognition. McKesson is one of the most recognizable brands in the healthcare industry, and its logo is instantly recognizable.
  • Its history. McKesson is a legacy company, and it has been in business for over 180 years.
  • Its financial performance. McKesson is one of the most profitable companies in the world, and it has consistently generated strong financial results.
  • Its innovation. McKesson is constantly innovating, and it is always looking for new ways to improve its services.

McKesson is a major force in the healthcare industry, and it is likely to continue to be a major player in the years to come.

10. Chevron

Chevron
Chevron
  • Chevron Corporation is an American multinational energy corporation predominantly in oil and gas.
  • It is the second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is headquartered in San Ramon, California, and active in more than 180 countries.
  • Within oil and gas, Chevron is vertical integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation.
  • Chevron is one of the world’s largest publicly traded companies by market capitalization, and the fifth-largest oil and gas company in the world by revenue.
  • The company was founded in 1879 as Pacific Coast Oil Company, and it was renamed Standard Oil Company of California in 1906.
  • Chevron merged with Texaco in 2001 to form ChevronTexaco, which was renamed Chevron in 2005.
  • Chevron has headquarters in San Ramon, California, and employs over 60,000 people worldwide.
  • The company’s main brands are Chevron, Texaco, Caltex, and Havoline.
  • Chevron is a major supplier of crude oil and refined products to the global market.
  • The company also produces and sells chemicals, lubricants, and other petroleum products.
  • Chevron is a major player in the global energy industry, and it is likely to continue to be a major player in the years to come.

Here are some of the reasons why Chevron is so famous:

  • Its size and scale. Chevron is the second-largest direct descendant of Standard Oil, and it is one of the world’s largest publicly traded companies by market capitalization.
  • Its brand recognition. Chevron is one of the most recognizable brands in the energy industry, and its logo is instantly recognizable.
  • Its history. Chevron is a legacy company, and it has been in business for over 140 years.
  • Its financial performance. Chevron is one of the most profitable companies in the world, and it has consistently generated strong financial results.
  • Its innovation. Chevron is constantly innovating, and it is always looking for new ways to improve its products and services.

Chevron is a major force in the global energy industry, and it is likely to continue to be a major player in the years to come.

Conclusion

The Fortune 500 list is a valuable resource for anyone who wants to learn more about the largest corporations in the United States. The list can be used to track the performance of different industries, to identify emerging trends, and to learn about new companies.

The Fortune 500 list is also a reminder of the power of these corporations. The companies on the list have a significant impact on the global economy, and they play a major role in shaping our world.

It is important to note that the Fortune 500 list is not without its critics. Some people argue that the list is too focused on revenue, and that it does not take into account other factors, such as profitability or social responsibility.

Despite these criticisms, the Fortune 500 list remains an important resource for anyone who wants to learn more about the largest corporations in the United States. The list is a valuable tool for understanding the global economy and the power of these corporations.

FAQs (Frequently Asked Questions)

Q1. What is the Fortune 500 list?

The Fortune 500 list is a ranking of the largest corporations based on their revenue. The list is published annually by Fortune magazine.

Q2. How is the Fortune 500 list calculated?

The Fortune 500 list is calculated based on the companies’ revenue for the previous fiscal year. The revenue is reported in millions of U.S. dollars.

Q3. What are the criteria for being included on the Fortune 500 list?

To be included on the Fortune 500 list, a company must have been incorporated in the United States and must have filed a 10-K with the Securities and Exchange Commission (SEC). The company must also have had revenue of at least $5.5 billion in the previous fiscal year.

Q4. How can I find out more about the Fortune 500 list?

You can find more information about the Fortune 500 list on the Fortune website. The website also includes a searchable database of all the companies on the list.

Q5. What are some of the trends on the Fortune 500 list?

One trend on the Fortune 500 list is the increasing size of the companies. The average revenue of the companies on the list has been increasing steadily over the past few years. Another trend is the increasing diversity of the list. More companies from outside the United States are making the list, and more companies from different industries are represented.

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