The Fortune Global 500 list has always been the most famous and authoritative list to measure large global companies. Published once a year by Fortune magazine.
On August 10, 2020, Fortune announced the list of Fortune 500 in the world in 2020. Wal-Mart ranked first for the seventh consecutive year, Sinopec ranked second, State Grid rose to third, PetroChina ranked fourth, and Shell fell to fifth.