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Fortune 500: The Super Big Companies!

Discover the biggest companies in America and what makes them so HUGE!

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26 Fortune 500 Companies Paid $0 in Federal Income Taxes Over 5 Years

26 Fortune 500 Companies Paid $0 in Federal Income Taxes Over 5 Years

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Key Facts

List Creator
Edgar P. Smith, a Fortune editor.
First Published
1955.
Ranking Method
Total revenue for their fiscal year.
Number of Companies
500.

Meet the Giants!

Imagine companies so big they're like super-tall buildings or giant playgrounds! The Fortune 500 is a special list that names the 500 biggest companies in the United States. These companies make tons and tons of money, more than you can even imagine! They are ranked by how much money they earn each year. It's like a competition to see who is the biggest and best!

Where Did They Come From?

A long, long time ago, in 1955, a smart person named Edgar P. Smith thought it would be cool to make this list. He worked for a magazine called Fortune. Before this list, it was hard to know which companies were truly the biggest. Now, everyone can see who the top 500 are! It helps people understand which companies are doing really well.

Why They Matter to Us

These giant companies make things we use every day! They might make your favorite snacks, the clothes you wear, or even the phones you play games on. When these companies do well, they create jobs for lots of people. This means more grown-ups have work, which helps everyone. The Fortune 500 list shows us which companies are helping our country grow!

How They Get on the List!

Getting on the Fortune 500 list is all about making money. Companies have to earn a lot of money from selling their stuff and services. The magazine Fortune looks at how much money each company made in a year. The 500 companies that earned the most money get to be on the list. It's a way to measure how successful a company is!

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Based on content from Wikipedia · Licensed under CC BY-SA 4.0