Facebook and Netflix Are Just Some of the Companies That Moved up the Fortune 500 List

Where does Nike stand?

Travel
4,052 Hypes 0 Comments

It’s good to check out the Fortune 500 list from time to time to see where the most profitable U.S. corporations stand in terms of growth and revenue. The 2016 ranking is the magazine’s 62nd run and notes some serious movers and shakers. As reported by USA Today, social media giant Facebook climbed up 85 spots to claim the No. 157 position, while Netflix grabbed no. 379 after being on the list at no. 474 from last year. As usual, behemoths like Walmart and Apple remain at the top spots alongside Exxon and AT&T. Nike, who hit its $30 billion dollar revenue in 2015 sits at no. 91, up 15 spots compared to last year. Fashion companies such as GAP and Ralph Lauren can be found on the no. 177 and no. 344 positions respectively. All Fortune 500 companies collectively hit a total annual revenue of $12 trillion, which is a 4% dip from last year’s all-time high of $12.5 trillion.

For a look at the six Fortune 500 magazine covers, click here.

Read Full Article

What to Read Next

Roz Brewer to Become the Only Black Woman Leading a Fortune 500 Company
Food & Beverage 

Roz Brewer to Become the Only Black Woman Leading a Fortune 500 Company

After joining Walgreens as its new CEO.

50 Cent and Kenya Barris Team up for Netflix Adaptation of His Book 'The 50th Law'
Entertainment

50 Cent and Kenya Barris Team up for Netflix Adaptation of His Book 'The 50th Law'

A semi-autobiographical account detailing the rise of 50 Cent.

Supreme and Nike's Four SB Dunk Lows Are the Stars of This Week's Best Footwear Drops
Footwear 

Supreme and Nike's Four SB Dunk Lows Are the Stars of This Week's Best Footwear Drops

Alongside the Air Jordan 1 “University Blue,” the rumored release of the adidas YEEZY 450 “Cloud White” and more.


Kanye Serves up YEEZY 500s for the Whole Family in This Week's Best Footwear Drops
Footwear 

Kanye Serves up YEEZY 500s for the Whole Family in This Week's Best Footwear Drops

Collaborations from maharishi x Nike, NEIGHBORHOOD x Converse, size? x adidas, and much more also releasing.

Dior Homme's Affair With New Romanticism Derives From Kris Van Assche's Old Love
Fashion 

Dior Homme's Affair With New Romanticism Derives From Kris Van Assche's Old Love

We interpret Van Assche’s pieces in this HYPEBEAST editorial.

HYPEBEAST SPACES: Inside the Danish Design Paradise of Han Kjøbenhavn

HYPEBEAST SPACES: Inside the Danish Design Paradise of Han Kjøbenhavn

Fusing Denmark’s rich design culture with a contemporary fashion vision.

Tunji Ige Drops New Video for "WAR"
Music 

Tunji Ige Drops New Video for "WAR"

The perfect backdrop for Tunji’s summer love anthem.

'Watch Dogs 2' Will Let You Hack the Bay Area This Fall
Gaming

'Watch Dogs 2' Will Let You Hack the Bay Area This Fall

Ubisoft heads from Chicago to San Francisco for the sequel to its 2014 blockbuster.

BMW Pays Homage to Its Paris-Dakar Rally Heritage With a Retro Motorbike
Automotive

BMW Pays Homage to Its Paris-Dakar Rally Heritage With a Retro Motorbike

A tribute to the German motor brand’s motocross glory days.


Tiger Trading Co. Launches NYC Pop-Up Shop With Over 800 Products
Art

Tiger Trading Co. Launches NYC Pop-Up Shop With Over 800 Products

So many goodies, so little time.

Here's How Kanye West Met His "Champions" Squad
Music 

Here's How Kanye West Met His "Champions" Squad

(Cruel) Winter is coming.

Samsara's 2016 Fall/Winter Lookbook Is a Lesson in Cozy Layering
Fashion

Samsara's 2016 Fall/Winter Lookbook Is a Lesson in Cozy Layering

Go the laid-back route this Fall.

Chance The Rapper, Skrillex and Hundred Waters Perform "Show Me Love" on 'The Late Show With Stephen Colbert'
Music

Chance The Rapper, Skrillex and Hundred Waters Perform "Show Me Love" on 'The Late Show With Stephen Colbert'

A unique mix of musical talent.

ColorWare Gives the Apple MacBook the Retro Treatment
Tech

ColorWare Gives the Apple MacBook the Retro Treatment

Apple IIe inspiration for the sleek laptop.


More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Adblock Detected.

We charge advertisers instead of our readers. If you enjoy our content, please add us to your adblocker's whitelist. We'd really appreciated it.