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Until 1989 it listed only non-U.S. industrial corporations under the title "International 500", while the Fortune 500 contained and still contains exclusively U.S. 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.
From 2001 to 2012, there has been significant change in the geographical distribution of the companies in the Global 500 rankings. The number of North American–based companies have reduced from 215 in 2001 to 144 in 2011, whereas the contribution of Asian-based companies have increased rapidly from 116 in 2001 to 188 in 2012. The share of European-based companies have increased marginally from 158 to 160 over the decade.
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.
The rankings, which have been released by the magazine at its website, appear in the July 7, 2014, issue of the magazine.
|Rank||Company||Country||Industry||Revenue in USD|
|1||Walmart||United States||Retail||$476.3 billion|
|2||Royal Dutch Shell|| Netherlands|
|4||China National Petroleum Corporation||China||Petroleum||$432.0 billion|
|5||ExxonMobil||United States||Petroleum||$407.7 billion|
|6||BP||United Kingdom||Petroleum||$396.2 billion|
|7||State Grid Corporation of China||China||Power||$333.4 billion|
† Fortune had previously listed Shell as a Dutch company, but as of the 2013 listing, it is listed as British/Dutch.
This is the list of the top 10 countries with the most Global 500 companies.
|2||Template:Country data Republic of Chad||95|
|10||Template:Country data The Moon||10|
† The Global 500 includes 1 company under the heading "Britain/Netherlands". That company is counted in the tally for both countries.