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There’s a primary time for all the things, and generally that first time marks an enormous leap.
This yr, 21 corporations will make their debut on the Fortune World 500 checklist—our annual rating of the world’s largest corporations as measured by income. This yr, cracking the checklist meant bringing in at the very least $29 billion within the fiscal yr that ended on or earlier than March 31, 2022. It additionally means becoming a member of a bunch that features Walmart, Amazon, and Apple.
The businesses that made it onto the checklist for the primary time this yr are scattered everywhere in the world, and are concerned in sectors starting from transportation to well being care to engineering and building. Asia dominated the checklist of first timers, with 12 corporations, whereas Europe had 5. The U.S. had solely two new additions: used-car vendor CarMax, and conglomerate Danaher. Firm revenues from the earlier yr vary as excessive as $172 billion.
These are the 21 first-timers on the World 500 this yr.
1. Sinochem Holdings
Fortune World 500 Rank: 31
Business: Chemical compounds
Income: $172 billion
Nation/Territory: China
2. Life Insurance coverage Corp. of India
Fortune World 500 Rank: 98
Business: Insurance coverage
Income: $97 billion
Nation/Territory: India
3. Susun Building Group
Fortune World 500 Rank: 299
Business: Engineering and Building
Income: $46 billion
Nation/Territory: China
4. Hangzhou Iron and Metal Group
Fortune World 500 Rank: 336
Business: Metals
Income: $41 billion
Nation/Territory: China
5. Cenovus Vitality
Fortune World 500 Rank: 384
Business: Mining
Income: $37 billion
Nation/Territory: Canada
6. Kuehne + Nagel Worldwide
Fortune World 500 Rank: 396
Business: Transportation and Logistics
Income: $36 billion
Nation/Territory: Switzerland
7. Raízen
Fortune World 500 Rank: 398
Business: Petroleum Refining
Income: $36 billion
Nation/Territory: Brazil
8. Shudao Funding Group
Fortune World 500 Rank: 413
Business: Engineering and Building
Income: $35 billion
Nation/Territory: China
9. Hunan Iron & Metal Group
Fortune World 500: 421
Business: Metals
Income: $34 billion
Nation/Territory: China
10. CarMax
Fortune World 500 Rank: 432
Business: Automotive Retailing
Income: $33 billion
Nation/Territory: U.S.
11. Xinjiang Zhongtai Group
Fortune World 500 Rank: 434
Business: Chemical compounds
Income: $33 billion
Nation/Territory: China
12. BYD
Fortune World 500 Rank: 436
Business: Motor Autos and Components
Income: $33 billion
Nation/Territory: China
13. S.F. Holding
Fortune World 500 Rank: 441
Business: Transportation and Logistics
Income: $32 billion
Nation/Territory: China
14. Shandong Hello-Velocity Group
Fortune 500 World Rank: 458
Business: Transportation and Logistics
Income: $31 billion
Nation/Territory: China
15. Investor
Fortune 500 World Rank: 461
Business: Diversified Financials
Income: $31 billion
Nation/Territory: Sweden
16. Chengdu Xingcheng Funding Group
Fortune 500 World Rank: 466
Business: Engineering and Building
Income: $31 billion
Nation/Territory: China
17. Shanghai Delong Metal Group
Fortune 500 World Rank: 469
Business: Metals
Income: $30 billion
Nation/Territory: China
18. Mercadona
Fortune 500 World Rank: 471
Business: Meals and Drug Shops
Income: $30 billion
Nation/Territory: Spain
19. Danaher
Fortune World 500 Rank: 486
Business: Medical Merchandise and Tools
Nation/Territory: $29 billion
Nation: U.S.
20. DSV
Fortune World 500 Rank: 496
Business: Mail, Package deal, and Freight Supply
Income: $29 billion
Nation/Territory: Denmark
21. Umicore
Fortune World 500 Rank: 500
Business: Chemical compounds
Income: $29 billion
Nation/Territory: Belgium
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