Wal-Mart leads the list of 2011 Fortune 500 US largest companies, Exxon Mobil second

By on May 6, 2011 in Business, United States Comments

Wal-Mart led the list of Fortune Magazine’s Top 500 US largest companies in 2011, which has been on top of the list for two consecutive years.

Fortune Magazine cover (Fortune 500)
Image Credit: Fortune Magazine Facebook page

As reported at CNN on Thursday, May 5, Wal-Mart is the No. 1 in the list of Fortune 500 America’s largest corporations, with Exxon Mobil landing as second.

Apparently Wal-Mart still landed on the first spot despite being noted to have had low sales in the US for the last seven quarters, although it had gains in worldwide profit and revenues.

On the other hand, Exxon Mobil being America’s largest oil company was said to have the highest profit among the top Fortune 500 list, which also ranked second in last year’s list.

According to CNN, Exxon Mobil made a whooping $35.6 billion in profit as worldwide oil prices soared high recently, which recently launched a massive joint venture in Qatar.

Below is the list of 2011 Top 10 US largest companies according to Fortune Magazine, taken from CNN official website.

1. Wal-Mart
2. Exxon Mobil
3. Chevron
4. ConocoPhillips
5. Fannie Mae
6. General Electric
7. Berkshire Hathaway
8. General Motors
9. Bank of America
10. Ford Motor

The complete list of 2011 Fortune 500 US largest companies can be found at CNNMoney.com.

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