UPDATED: Feb 25, 2020
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Fortune magazine recently released its annual Fortune Global 500 Companies list. The rankings are based on 2005 revenue figures. The top 10 look like this:
- Exxon Mobil
- Wal-Mart Stores
- Royal Dutch Shell
- British Petroleum (BP)
- General Motors
- Toyota Motor
- Ford Motor
ING Group, the parent company of ReliaStar Life Insurance Company, came in at #13.
American Intl. Group (AIG), the parent company of American General Life Insurance Company, came in at #20.
Aegon, the parent company of Transamerica Life Insurance Company and Transamerica Financial Life Insurance Company, came in at #149.
Prudential Financial, the parent company of Pruco Life Insurance Company, came in at #182.
Isn’t it interesting (and perhaps somewhat frightening) that 9 of the top 10 companies on this year’s list are either petroleum or automobile companies?