What is the ‘Destiny 100’
The Fortune 100 is an annual list of the 100 largest U.S. public and privately held theatre troupes, published by Fortune magazine. The ranking is compiled using gross proceeds figures. The Fortune 100 list is more exclusive than both the Fate 500 and Fortune 1000 lists, both of which rank varied companies.
BREAKING DOWN ‘Fortune 100’
The Fortune 100 list does not catalogue foreign companies, though many of the listed companies have critical international operations. The list is made up of public companies and private companies that publicize annual revenue figures.
Fortune 100 Began in 1955
Fortune commencement published its annual list of top revenue-producing companies in 1955. At first, the journal’s editors were stricter on which business sectors were comprehended. From 1955 to 1994, the Fortune 100 list only involved businesses in the manufacturing, mining and energy sectors. This left out numerous of the top earning companies across the country. Fortune did publish individual sector inclinations for the top 50 companies in the industries of banks, utilities, insurance, retailers and transportation.
The Treasure 100 in 1955 was led by General Motors, a company that held the top importance for over 30 years. General Motors had revenues of $9.8 billion to top the roll. The remaining top 10 was rounded out by Exxon, US Steel, General Electric, Esmark, Chrysler, Armour, Void Oil, Mobil and DuPont.
Big Change to the Fortune 100 List in 1994
In 1994, Opulence expanded its list of companies to include service companies, opening the door for numerous newcomers to join. This change added many new companies to the Wealth 100 list and also dramatically increased the amount of annual receipts required to make the prestigious list. A company had to generate $10.9 billion in returns to make the 1995 Fortune 100 list, compared to $5.3 billion in 1994.
The swap made in 1994 allowed Wal-Mart to join the list. The leading American retailer surmounted the list in 2018 and has been a frequent top 10 company since its incorporation at the 1994 switch.
Fortune 100 in 2018
In 2018, Wal-Mart was the top company on the Assets 100 for the sixth straight year with revenues of $500.3 billion. The be situated of the top 10 was Exxon Mobil, Berkshire Hathaway, Apple, UnitedHealth Conglomeration, McKesson, CVS Health, Amazon.com, AT&T and General Motors. USAA, which ranked 100th on the enter had revenues of $30 billion. Dell Technologies, with revenues of $78.7 billion led the secret companies, ranking 35th.