Oil giant Exxon Mobil has toppled Wal-Mart Stores to become America's largest corporation. It is the 13th time that Exxon has taken first place in the Fortune 500 list.Take a look at America's 20 largest corporate giants...
Exxon Mobil Corporation (Rank 1)
Exxon Mobil, a multinational oil and gas corporation was formed on November 30, 1999, with the the merger of Exxon and Mobil.ExxonMobil is one of the world's largest publicly traded companies by market capitalisation and the second largest company in the world by revenue.
Revenue: $452,926 mn
Profit: $41,060 mn
Assets: $331,052 mn
Exxon Mobil Corporation (Rank 1)
Exxon Mobil, a multinational oil and gas corporation was formed on November 30, 1999, with the the merger of Exxon and Mobil.ExxonMobil is one of the world's largest publicly traded companies by market capitalisation and the second largest company in the world by revenue.
Revenue: $452,926 mn
Profit: $41,060 mn
Assets: $331,052 mn
Wal-Mart Stores (Rank 2)
Wal-Mart Stores, a multinational retailer runs large discount department stores and warehouse stores across the world.It is also the biggest private employer in the world with over two million employees, and is the largest retailer in the world.Walmart remains a family-owned business, as the company is controlled by the Walton family who own a 48% stake in Walmart. The company was founded by Sam Walton in 1962.
Revenue: $446,950 mn
Profits: $15,699 mn
Assets: $193,406 mn
Chevron (Rank 3)
Chevron Corporation is an American multinational energy corporation headquartered in California, with presence in more than 180 countries.Chevron is one of the world's 6 'supermajor' oil companies. For the past five years, Chevron has been continuously ranked as one of America's 5 largest corporations by Fortune 500.
In 2011 it was named the 16th largest public company in the world by Forbes Global 2000.
Revenues: $245,621 mn
Profits: $26,895 mn
Assets: $209,474 mn
ConocoPhillips Company is the fifth largest private sector energy corporation in the world and one of the six 'supermajor' oil companies.It sells fuel under the Conoco, Phillips 66 and Union 76 brands in North America, and Jet in Europe. ConocoPhillips was created through the merger of Conoco Inc and the Phillips Petroleum Company on August 30, 2002.
Revenue: $237,272 mn
Profit: $12,436 mn
Assets: $153,230 mn
Revenue: $237,272 mn
Profit: $12,436 mn
Assets: $153,230 mn
General Motors (Rank 5)
General Motors Company is an American multinational automotive corporation headquartered in Detroit, Michigan. It was the world's largest automaker by vehicle unit sales in 2011.General Motors manufactures cars and trucks in 31 countries.
Revenue: $150,276 mn
Profit: $9,190 mn
Assets: $144,603 mn
General Electric (Rank 6)
A multinational conglomerate, General Electric Company was ranked 6th largest firm in the US and the 14th most profitable company by Fortune in 2011.Charles Coffin, Edwin Houston, Elihu Thomson, Thomas Edison founded the company in 1892.
Revenue: $147,616 mn
Profit: $14,151 mn
Asset: $717,242 mn
Revenue: $147,616 mn
Profit: $14,151 mn
Asset: $717,242 mn
Berkshire Hathaway (Rank 7)Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services. Warren Buffett is the company's chairman and CEO.
Revenue: $143,688 mn
Profit: $10,254 mn
Assets: $392,647 mn
Fannie Mae (Rank 8)
The Federal National Mortgage Association commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal.It is a government-sponsored enterprise (GSE), though it has been a publicly traded company since 1968.
Revenue: $137,451 mn
Assets: $ 3,211,484 mn
The Federal National Mortgage Association commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal.It is a government-sponsored enterprise (GSE), though it has been a publicly traded company since 1968.
Revenue: $137,451 mn
Assets: $ 3,211,484 mn
Ford Motor (Rank 9)
Ford Motor Company was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford and Lincoln brands, Ford owns a small stake in Mazda in Japan and Aston Martin in the UK.
The company is controlled by the Ford family, which owns a controlling stake in Ford Motor.
Revenue: $136,264 mn
Profit: $20,213 mn
Assets: $178,348 mn
Ford Motor Company was founded by Henry Ford and incorporated on June 16, 1903. In addition to the Ford and Lincoln brands, Ford owns a small stake in Mazda in Japan and Aston Martin in the UK.
The company is controlled by the Ford family, which owns a controlling stake in Ford Motor.
Revenue: $136,264 mn
Profit: $20,213 mn
Assets: $178,348 mn
Hewlett-Packard (Rank 10)
World's leading PC manufacturer, Hewlett-Packard provides products, technologies, software, solutions and services to consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors.The company was founded in a garage in Palo Alto by William (Bill) Redington Hewlett and Dave Packard.
Revenues: $127,245 mn
Profit: $7,074 mn
Assets: $129,517 mn
Revenues: $127,245 mn
Profit: $7,074 mn
Assets: $129,517 mn
