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Exxon Mobile has proved that they are truly a great business and will maintain their reputation as one of the most profitable companies in the world. Strictly speaking, the Fortune 500 is a list compiled by Fortune magazine raking the top 500 public corporations.
Exxon Mobile has been declared the number one fortune five hundred company in the world in 2008. In 2007 Exxon Mobile was ranked number two but recently with its new improvements and massive revenue it has taken in throughout the year, it has reclaimed its spot as number one. The Fortune 500 should not be confused with the S P 500, which is a stock market index. All numbers are based on revenue figures for each Fortune 500 company's previous fiscal year, which may end on different dates for each company. Fortune magazine compiles and publishes the list of Fortune 500 companies annually. Fortune 100 is a frequently used term used to reference the top 100 firms in this same list, and Fortune 1000 refers to the top 1000 firms ranked according to the same methodology.