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July 8, 2013•Fortune Global 500•byEW Content Team
The Fortune Global 500 is an annual list of the worlds largest corporations based on their revenues.Unlike the Fortune 500 (measuring only US companies) or the International 500 (discontinued in 1989), the Fortune Global 500 ranks both US and international companies giving an indication of the wealthiest and most profitable companies in the world.
The current list was published on July 9, 2013 ranking companies by their total revenues for the respective fiscal years ended on or before March 31, 2013.The revenue figures include consolidated subsidiaries and reported revenues from discontinued operations, but exclude excise taxes.
In total, the 500 companies on the list saw revenues of over $30.3 trillion, up 3 percent from the previous year.On the other hand, total profits fell 5.5 percent to $1.5 trillion roughly equal to the gross domestic product of India.
Over the last decade, there has been significant change in the geographical distribution of the companies in the Global 500 rankings.Although the US still hosts the lions share of Global 500 corporations, the number of US-based businesses remained at 132 for the year, compared to 197 companies a decade ago.
Comparatively,China has seen its number of companies grow from 73 last year to 89 – an increase of 78 businesses on the list since 2002.
Meanwhile, the total number of Asian-based companies on the list has increased from 116 in 2001 to 188. Europe on the other hand had 160 companies on the list.
Notably among the top ten companies around the world, seven came from the energy business. The top ten countries with the most amount of companies on the list were the US (132), China (89), Japan (62), France (31), Germany (29), UK (27), Switzerland (14), South Korea (14), the Netherlands (12) and Canada and India (tied – 9).
Check out the 2013 list of Fortune Global 500s top 100 companies below, or browse all the companies, by alphabetical order, at the bottom of this article:
LIST OF FORTUNE GLOBAL 500 COMPANIES – BY ALPHABETICAL ORDER
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Professor at Columbia University. Recipient of the Nobel Memorial Prize in Economic Sciences in 2001 & the John Bates Clark Medal in 1979. Author of Freefall: America, Free Markets, The Sinking of the World Economy, Globalisation and its Discontents & Making Globalisation Work.
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Senior Associate at the Carnegie Endowment for International Peace and a finance professor at Peking Universitys Guanghua School of Management.
Dr Steinbock is an internationally recognized expert of the multipolar world. He focuses on international business, international relations, investment and risk among all major advanced economies and large emerging economies. In addition to advisory activities ( he is affiliated with India China and America Institute (USA), Shanghai Institutes for International Studies (China) and EU Center (Singapore). For more, please see Research Director of International Business at India China and America Institute (USA) and Visiting Fellow at Shanghai Institutes for International Studies (China) and the EU Center (Singapore).
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