Report: The “New American” Fortune 500Wed, 06/15/2011 - 13:11 — admin
The “New American” Fortune 500 report explores the impact that immigrants have on our national economic development. The report includes the latest research on the business contributions immigrants have made throughout all sectors of the economy. Some of the key findings in the report include:
- More than 40% of the 2010 Fortune 500 companies were founded by immigrants or their children.
- Fortune 500 companies founded by immigrants or children of immigrants employ more than 10 million people worldwide.
- The Fortune 500 companies that boast immigrant or children-of-immigrant founders have combined revenues of $4.2 trillion – a figure greater than the GDP of every country in the world except the U.S., China, and Japan.
- Seven of the ten most valuable brands in the world come from American companies founded by immigrants or children of immigrants.