The Fortune 500 is one of the oldest and most prestigious lists in the financial media world. First published in May 1955, the Fortune 500 ranks companies based on their annual revenue. The top ten companies on the inaugural list included industrial giants like General Motors (GM), U.S. Steel (X), Chrysler, and oil powerhouses such as Jersey Standard (now Exxon Mobil (XOM)), and Gulf Oil. Fast forward to today, and the list has undergone a remarkable transformation, reflecting the rise of technology titans like Microsoft (MSFT), Nvidia (NVDA), and currently holding the top spot is discounted retailer Walmart (WMT). While the Fortune 500 showcases a enterprise’s revenue size, which is crucial for investors, it also sheds light on the visionary leaders steering these corporate giants. Yahoo money management Executive Editor Brian Sozzi sits down with Fortune Editor-in-Chief Alyson Shontell to uncover the story behind the world’s biggest companies and their trailblazing leaders.
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