Latest news with #AnastasiaNyrkovskaya
Yahoo
2 days ago
- Business
- Yahoo
The 10 largest US companies by revenue: Fortune 500 list
(NewsNation) — Walmart topped the Fortune 500 list for the 13th straight year, but second-place Amazon is closing the gap, according to the magazine's latest annual rankings. Walmart secured the No. 1 spot on Fortune's 2025 rankings with revenue of $681 billion, followed by Amazon at $638 billion — the narrowest gap ever between the two retail giants, Fortune said. Walmart raising prices due to tariff costs UnitedHealth Group, Apple and CVS Health also ranked among Fortune's top five U.S. corporations by revenue for the 2024 fiscal year. 'The Fortune 500 is a literal roadmap to the rise and fall of markets, a reliable playbook of the world's most important regions, services, and products, and an indispensable roster of those companies' dynamic leaders,' Anastasia Nyrkovskaya, Fortune CEO, said in a release. Top 10 cities for recent college grads in 2025 Retailers, utilities, and insurance companies led all industries with the most companies on the list, but the health care sector also stood out. Eight health care companies made the top 25 this year, up from none 30 years ago, Fortune said. Together, Fortune 500 companies represent two-thirds of the U.S. GDP, generating $19.9 trillion in revenues, according to the magazine. They posted a record $1.87 trillion in profits last year. For the second year in a row, California is home to the most Fortune 500 companies, with a total of 58, followed by Texas (54) and New York (53). The share of female CEOs also hit a new milestone this year, with 55 women leading Fortune 500 companies — the highest proportion in the list's history at 11%.Walmart ($681 billion) Amazon ($638 billion) UnitedHealth Group ($400 billion) Apple ($391 billion) CVS Health ($373 billion) Berkshire Hathaway ($371 billion) Alphabet ($350 billion) Exxon Mobil ($350 billion) McKesson ($309 billion) Cencora ($294 billion) Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Leaders
28-03-2025
- Business
- Leaders
Riyadh to Host Fortune's Inaugural Most Powerful Women International Summit
Fortune has announced its first Fortune Most Powerful Women International Summit that will take place in Riyadh, Saudi Arabia, on 20-21 May, 2025. This marks the first international summit in the region focused on female leadership. The Fortune Most Powerful Women community includes top leaders from various industries and governments worldwide. Renowned for its agenda-setting discussions, the Summit will address key forces shaping the global business landscape. Additionally, it will explore how public and private sectors can collaborate to enhance innovation and growth. Attendees will discuss pressing topics, including crisis leadership, adapting to economic shifts, scaling emerging technologies, and uncovering new opportunities in investing and healthcare. They will also examine the evolving businesses in sports, entertainment, and design. A Step Towards Vision 2030 Fortune is hosting this summit in Saudi Arabia to align with the country's Vision 2030 objectives, focusing on investing in growth, innovation, and women's progress in both business and society. As a result, the women's workforce participation rate has increased to 36%, more than doubled from 17% in 2017. Furthermore, Saudi women now own 45% of the nation's small and medium-sized businesses, significantly contributing to the economy's entrepreneurial development. Fortune's Most Powerful Women Summit will grant global leaders access to this burgeoning market. This event aims to foster partnership opportunities and expand the global community. 'Fortune strives to be at the center of new frontiers in global business, and Saudi Arabia is one of those places,' said Anastasia Nyrkovskaya, CEO of Fortune. 'It's an ideal time to gather the world's most influential women in Riyadh to inspire, connect, and drive progress.' Alyson Shontell, Editor in Chief of Fortune, emphasized the significance of Saudi Arabia's impact on the global economy in her piece titled 'Why Fortune MPW is Going Global.' She highlighted Fortune's commitment to fostering progress through authoritative journalism. 'Given Saudi Arabia's recent acceleration, especially for women, we are excited to document the progress there too.' Celebrating Inspirational Leadership On 20 May, Fortune will reveal its renowned 100 Most Powerful Women in Business list. Now in its 28th year, this list honors global female leaders who drive innovation across numerous sectors, including finance, technology, healthcare, telecom, retail, and energy. The 2024 edition recognized leaders from 19 countries and territories, with over half serving as CEOs of Fortune 500 and Global 500 companies. The Fortune Most Powerful Women International Summit will partner with the Saudi Conventions and Exhibitions General Authority (SCEGA). Fortune is a global media company known for its trusted reporting and information that aims to improve business practices. As an independently owned entity, Fortune tells the stories of significant companies and emerging innovators alike. Its iconic rankings include the Fortune 500, Fortune Global 500, Most Powerful Women, and World's Most Admired Companies. Short link :
Yahoo
27-03-2025
- Business
- Yahoo
Fortune to Host First Most Powerful Women International Summit in Riyadh, Saudi Arabia, May 20-21, 2025
Fortune to unveil the 100 Most Powerful Women in Business list on May 20 The Most Powerful Women International Summit will convene the world's top women leaders to explore "A New Era for Business: Partnering for Global Prosperity" NEW YORK, March 27, 2025 /CNW/ -- Fortune announced today that the Fortune Most Powerful Women International Summit will convene in Riyadh, Saudi Arabia, May 20-21, 2025, marking the first international summit in the region for the female leadership franchise. Fortune Most Powerful Women is an invitation-only community of top leaders from a wide range of industries and governments around the world. Known for its agenda-setting conversations, the Most Powerful Women International Summit's global program will examine key forces shaping the worldwide business landscape and, specifically, how the public and private sectors can partner to supercharge innovation and growth. Other topics will include assessing global leadership in crisis, navigating economic shifts and their business impacts, deploying emerging technologies at scale, and exploring new opportunities across investing and health care, as well as how the businesses of sports, entertainment, and design are evolving. Fortune is convening the community in Saudi Arabia, where as part of Vision 2030, the country is investing in growth, innovation, and the progress of women in both business and society. As a result of that roadmap, the workforce participation rate for women is up to 36%, more than doubling from 17% in 2017. Saudi women now own 45% of the country's small and medium-sized businesses, contributing to the entrepreneurial development of the economy. Fortune's Most Powerful Women in Riyadh will provide global leaders access to this burgeoning market, creating partnership opportunities and extending the global community. "Fortune strives to be at the center of new frontiers of global business, and Saudi Arabia is one of those places," said Anastasia Nyrkovskaya, CEO of Fortune. "It's an opportune time to convene, in Riyadh, some of the world's most influential and innovative women to inspire, connect, and drive meaningful progress across global businesses and global governments. Fortune's Most Powerful Women events have done so for nearly three decades. Now it is time to tap into the dynamic Riyadh hub for our first women's summit in the Middle East." Alyson Shontell, Editor in Chief of Fortune, writing in Fortune's MPW Daily newsletter recently, in a piece entitled "Why Fortune MPW is Going Global," points to Saudi Arabia's meaningful impact on the global economy, which led to Fortune's decision to hold important events there: "At Fortune, the purpose of our journalism is to make business better and to serve as a powerful, authoritative voice pressing for progress. Given Saudi Arabia's recent acceleration, particularly for women, we are excited to get closer to the action and document the progress there, too." Additionally, on May 20, Fortune will unveil its iconic 100 Most Powerful Women in Business list. Now in its 28th year, the list recognizes global female trailblazers who drive innovation and shape the future across industries, including finance, technology, healthcare, telecom, retail, and energy. The 2024 edition featured leaders from 19 countries and territories across 14 sectors, with over half of the list serving as CEOs—primarily of Fortune 500 and Global 500 companies. The Fortune Most Powerful Women International Summit will be presented in partnership with the Saudi Conventions and Exhibitions General Authority (SCEGA). About Fortune: Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world's biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World's Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit Media Contacts: Patrick Reilly Fortune Chelsea Hudson Fortune Malek AbdelrahmanAPCO Saudi Arabiamabdelrahman@ View original content to download multimedia: SOURCE Fortune Media (USA) Corporation View original content to download multimedia: Sign in to access your portfolio
