Wal Mart 's Largest Public Corporation Essay

1113 WordsDec 9, 20165 Pages
Every year there is a fortune 500 company list produced by the staff members at Forbes Magazine and from there they are narrowed down to the Fortune 100 , 50 , as well as 10 . The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of the largest U.S. corporations by total revenue for their respective fiscal years. The list includes public companies, along with privately held companies for which revenues are publicly available.Walmart , a Limited dliability company falls at number one beating exxon mobile which fell in number two . WALMART Wal-Mart Corporation was founded in 1962 by Sam Walton. Mr Walton had an aspiration to open a store with cheap and economical prices.He wanted to make his store affordable for the normal american on a budget .Over the years Wal-Mart continued to grow and was even put on the New York Stock Exchange list. Now Wal-Mart is the world’s largest public corporation ; owned by shareholders .The company has has topped the Fortune Global 500 list for the sixth time .During the past 22 years Walmart has managed to land a spot on the Fortune 500 list going no lower than the 50th spot. WALMART has done it again making the number one spot in the 2016 Fortune 500 list. Wal-Mart has grown tremendously in the last 54 years and will only continue to grow for the next years to come .While striving to be the best company they can be and living up to their mission statement ,”Saving people money so they can

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