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Walmart Falls From Fortune 500 Top Slot – Who Is On Top Now?

In Weak Economy, Wal-Mart Expands $10-Toy Promotion For Holiday Season
Joe Raedle, Getty Images

There weren’t many surprises on Fortune’s annual list of the 500 wealthiest companies, but one surprise was the company who didn’t appear at the top.

Walmart is almost a consistent winner as the world’s largest retail chain and the largest company on the annual Fortune 500 list, but this year This year it dropped a notch to second place behind Exxon.

It still is the biggest retail outlet on the list, but it was not a big enough year to get it to the top. Walmart earned over $446 million in revenue for 2011.

Exxon replaced Walmart at the top by increasing revenues by 28% and reaching $452 billion, and increased profits by 35% to more than $40 billion.

Here is this years Fortune 500 list:

Fortune’s Top 10 Wealthiest Companies and Their Total Revenue for 2011

1. Exxon – $452.9 million
2. Wal-Mart – $446.9 million
3. Chevron – $245.6 million
4. ConocoPhillips – $237.3 million
5. General Motors – $150.3 million
6. General Electric – $147.6 million
7. Berkshire Hathaway – $143.7 million
8. Fannie Mae – $137.5 million
9. Ford – $136.3 million
10. Hewlett-Packard – $127.2 million

[Fortune]

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