Fortune (magazine)

Fortune (magazine) is a multinational business magazine published by Meredith Corporation, founded by Henry Luce and Briton Hadden in February 1930, with its first issue featuring Nelson Rockefeller and John D. Rockefeller Jr. on the cover. The magazine is known for its Fortune 500 list, which ranks the largest United States corporations by revenue, as well as its Fortune Global 500 list, which ranks the largest corporations worldwide, including Walmart, ExxonMobil, and Apple Inc.. The magazine has been led by notable editors such as William Rukeyser and John Huey, and has featured articles by prominent writers like Nicholas Varchaver and Carol Loomis. The magazine's success has been recognized by Time Inc., CNN, and Bloomberg L.P..

● History

The history of the magazine dates back to the 1920s, when Henry Luce and Briton Hadden founded Time magazine in 1923, with the help of Archibald McLellan, Roy Edward Larsen, and Nelson Rockefeller. In 1929, Luce and Hadden began planning a new magazine that would focus on business and finance, and in February 1930, the first issue of Fortune (magazine) was published, featuring articles by James Agee and Walker Evans. The magazine quickly gained popularity, with notable contributors like Duncan Norton-Taylor and Sergei Eisenstein, and by the 1950s, it had become a leading publication in the business world, with a circulation of over 500,000 copies, including subscribers like David Rockefeller and John F. Kennedy. The magazine has been owned by Time Inc. since its inception, and has been published in conjunction with other notable magazines like Life (magazine), Sports Illustrated, and People (magazine).

● Content

The content of the magazine includes articles on business, finance, and economics, as well as profiles of prominent business leaders like Warren Buffett, Bill Gates, and Mark Zuckerberg. The magazine also features lists like the Fortune 500 and Fortune Global 500, which rank the largest corporations in the United States and worldwide, including General Electric, Ford Motor Company, and Toyota. The magazine has a strong focus on Wall Street, with articles on stock market trends and analysis by experts like Alan Greenspan and Ben Bernanke. The magazine also covers topics like sustainability, corporate social responsibility, and entrepreneurship, with features on companies like Patagonia (clothing), The Body Shop, and Google. Notable writers who have contributed to the magazine include Daniel Roth, Adam Lashinsky, and Jennifer Reingold, who have written about companies like Amazon (company), Microsoft, and Facebook.

● Impact

The impact of the magazine has been significant, with its lists and articles influencing the business world and shaping public opinion on corporate issues, as seen in the Enron scandal and the 2008 financial crisis. The magazine's Fortune 500 list has become a benchmark for corporate success, with companies like Procter & Gamble, Coca-Cola, and McDonald's striving to be included. The magazine's coverage of business leaders like Steve Jobs and Jeff Bezos has also had a significant impact on the public's perception of these individuals and their companies, including Apple Inc. and Amazon (company). The magazine has also been recognized for its investigative reporting, with articles on topics like corporate governance and executive compensation, featuring companies like General Motors, Ford Motor Company, and Chrysler. The magazine's influence extends beyond the business world, with its articles and lists being cited by The New York Times, The Wall Street Journal, and Forbes.

● Editions

The magazine has several editions, including a global edition, which is published in conjunction with CNN International and Bloomberg Television. The magazine also has a number of spin-off publications, including Fortune Small Business and Fortune China, which cater to specific audiences like small business owners and Chinese entrepreneurs. The magazine has also expanded its reach through digital media, with a website and mobile app that feature articles, videos, and podcasts, including interviews with business leaders like Richard Branson and Arianna Huffington. The magazine's digital edition is available on platforms like Apple News and Google News, and its social media presence includes accounts on Twitter, Facebook, and LinkedIn.

● Awards

The magazine has won numerous awards for its journalism and design, including National Magazine Awards and ASME Awards for Magazine Excellence, which recognize excellence in magazines like The New Yorker, Vanity Fair, and Harper's Bazaar. The magazine's writers and editors have also won individual awards, such as the Gerald Loeb Award and the Pulitzer Prize, which have been awarded to journalists like Sarita Gupta and Glenn Greenwald. The magazine's design has also been recognized, with awards from the Society of Publication Designers and the Art Directors Club, which have honored designers like Tibor Kalman and Rogério Duarte. The magazine's success has been recognized by Time Inc., Meredith Corporation, and Bloomberg L.P., and it continues to be a leading publication in the business world, with a reputation for excellence in journalism and design. Category:Business magazines