New American Fortune 500 in 2022

Jun 08, 2022
  • Description

Immigrant entrepreneurs have long been an important part of America's economic success story. Some of the largest and most recognizable American companies were founded by immigrants or the children of immigrants. This includes household names such as Apple and Costco, as well as newcomers to the Fortune 500 list like Jackson Financial and Caesar's Entertainment. Even Moderna, the pharmaceutical company and vaccine producer, was founded by a Canadian-born stem cell biologist, Derrick J. Rossi, whose parents themselves emigrated from Malta.

Since our first New American Fortune 500 report in 2011, the Council has found that more than two out of every five Fortune 500 companies--the 500 largest corporations by revenue in the country--had at least one immigrant or child-of-immigrant founder. This pattern has continued over the years since. This year, we find that 43.8 percent of Fortune 500 companies were founded by immigrants or their children.

New American Fortune 500 in 2022