Fortune Global 500 - wikipedia Fortune Global 500 The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine. Contents 1 Methodology 1.1 Controversy 2 Geographical distribution 3 Fortune Global 500 list of year 2017 3.1 Breakdown by country 4 See also 5 References 6 External links Methodology Until 1989, it listed only non-US industrial corporations under the title `` International 500 '' while the Fortune 500 contained and still contains exclusively US corporations. In 1990, U.S. companies were added to compile a truly global list of top industrial corporations as ranked by sales. Since 1995, the list has had its current form, listing also top financial corporations and service providers by revenue. Controversy Several inconsistencies exist in Fortune 's ranking of cities with the most Fortune 500 headquarters. On June 3, 2011, the Atlanta Business Chronicle stated examples of Fortune including regional headquarters for some cities, not including regional headquarters for other cities, and in some cases, not including headquarters that are physically located inside a city limit. Geographical distribution Since 2001, there has been a significant change in the geographical distribution of the companies in the Global 500 rankings. The number of North American - based companies decreased from 215 in 2001 to 145 in 2017, and the contribution of Asian - based companies increased rapidly from 116 in 2001 to 197 in 2017. Most of this growth is accounted for by the rapid increase in the number of Chinese Global 500 companies, of which there were 109 by 2017 ( the number becomes 115 if Taiwan is included ), increasing from only 10 in 2001. The share of European - based companies also reduced, from 158 to 143, over the same period. Fortune Global 500 list of year 2017 The following is the list of top 10 companies. Rank Company Country Industry Revenue in USD Walmart United States Retail $486 billion State Grid China Power $315 billion Sinopec Group China Petroleum $268 billion China National Petroleum China Petroleum $263 billion 5 Toyota Motor Japan Automobiles $255 billion 6 Volkswagen Germany Automobiles $240 billion 7 Royal Dutch Shell Netherlands Petroleum $240 billion 8 Berkshire Hathaway United States Insurance $224 billion 9 Apple United States Technology $216 billion 10 Exxon Mobil United States Petroleum $205 billion Fortune had previously listed Shell as a British / Dutch company, but as of the 2016 listing, it is listed as Dutch. Breakdown by Country As of July 2017, this is the list of the top 10 countries with the most Global 500 companies. Rank Country Companies USA 132 China 109 Japan 51 France 29 Germany 29 6 United Kingdom 23 7 South Korea 15 8 Switzerland 14 8 Netherlands 14 10 Canada 11 The Global 500 includes Royal Dutch Shell under the heading `` Britain / Netherlands ''. That company is counted in the tally for both countries. As can be seen from the table above, 427 ( 85.4 % ) of the Global 500 are represented by only 10 countries : two in North America ( Canada, USA ), five in Western Europe ( France, Germany, Netherlands, Switzerland, UK ), and three in East Asia ( China, Japan, South Korea ). Moreover, the top six ( United States, China, Japan, France, Germany, United Kingdom ) are the world 's largest economies as estimated by the IMF ( List of countries by GDP ( nominal ) ). Among the Fortune Global 500, 373 companies ( 74.6 % ) are from these six countries. According to the Credit Suisse Global Wealth Report 2016, the adult citizens of these six countries own approximately 67 % of the world 's total household wealth. See also 40 under 40 ( Fortune Magazine ) Fortune India 500 Forbes Global 2000 Fortune 500 Fortune 1000 List of largest companies by revenue List of companies by employees List of corporations by market capitalization References Jump up ^ Maria Saporta. `` Some cities rankings are overstated ''. Atlanta Business Chronicle. Retrieved 28 October 2012. Jump up ^ `` A New Perspective on the Corporate World ''. CNN Money, Fortune Magazine. Retrieved 8 July 2013. Jump up ^ `` Visualize The Global 500 ''. Fortune. Jump up ^ http://timesofindia.indiatimes.com/business/india-business/40-of-fortune-500-companies-asian-india-has-7-in-list/articleshow/59707630.cms Jump up ^ http://fortune.com/global500/ Jump up ^ `` Global 500 ''. Fortune. Retrieved July 7, 2014. Jump up ^ `` Global 500 2017 ''. Fortune. Number of companies data taken from the `` Country '' box. Jump up ^ http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=AD783798-ED07-E8C2-4405996B5B02A32E External links Fortune.com : full Fortune Global 500 listings Retrieved from `` https://en.wikipedia.org/w/index.php?title=Fortune_Global_500&oldid=797864250 '' Categories : Fortune ( magazine ) Lists of companies by revenue Corporation - related lists International rankings Top lists Annual magazine issues Multinational companies Talk Contents About Wikipedia Български Català Čeština Deutsch Español Esperanto فارسی Français 한국어 Հայերեն Bahasa Indonesia Italiano Қазақша Lietuvių Bahasa Melayu Nederlands 日本 語 Norsk پنجابی Português Română Русский Türkçe Tiếng Việt 中文 Edit links This page was last edited on 29 August 2017, at 16 : 28. About Wikipedia

Question: who is number 1 in the fortune 500
Answer: Walmart