Turkish conglomerate Koc Holding remains as the sole representative from Turkey on the Fortune Global 500 list.
Fortune Global 500 Highlights Global Economic Landscape
The Fortune Global 500, an annual list published by Fortune magazine, serves as a significant indicator of global economic impact. This authoritative benchmark ranks the world's largest corporations based primarily on their annual revenue, providing a comprehensive snapshot of the global economic landscape.
The purpose of the Fortune Global 500 is multifold. It aims to rank and compare the biggest companies worldwide, offering insight into their economic impact. It also serves as a key reference for investors, policymakers, analysts, and business leaders to understand the competitive landscape and sector growth. Furthermore, it reflects shifts in global economic power, such as the dominance of U.S. and Chinese companies, and highlights significant corporate achievements.
The 2025 list showed $41.7 trillion in combined revenue, over one-third of global GDP, and $2.98 trillion in profit. Walmart has topped the list for 12 consecutive years, emphasizing its global economic influence. The list also sheds light on the rise and shifts in industry sectors, such as finance and technology, based on recent company performance.
Interestingly, the Fortune Global 500 does not specifically include the 500 largest U.S. firms. Koc Holding, the only Turkish company to make the list, ranked 191st with $70.54 billion in sales revenue and $39.8 billion in profit. The list covers various sectors such as energy, technology, retail, and automotive.
In addition to economic news, other notable events include the unearthing of a 2,050-year-old council building in Türkiye's Laodicea, Italian PM Meloni meeting with Libya's Dbeibeh in Istanbul for a trilateral summit on migration and Gaza, and Heung-Min Son leaving Tottenham after 10 years, with Fenerbahce emerging as a top suitor for the football star.
The Kizilelma unmanned combat aircraft has entered serial production, with delivery expected in 2026, and a new axis seems to be emerging in the Mediterranean with Türkiye, Libya, and Italy. These events, while diverse, underscore the dynamic and interconnected nature of the global economy and the world at large.
- In the 2025 Fortune Global 500 list, Koc Holding, a Turkish conglomerate, ranked 191st with significant revenue and profit, showcasing the presence of Turkish industry in global business.
- Istanbul, the cultural heart of Turkey (Türkiye), played host to a trilateral summit on migration and Gaza between Italian PM Meloni and Libya's Dbeibeh, reflecting political connections between these countries.
- The serial production of Turkey's Kizilelma unmanned combat aircraft and a potential partnership with Fenerbahce for football star Heung-Min Son, hint at a growing industrial and economic collaboration between Turkey and other regions.
- The rise of Koc Holding within the Fortune Global 500 and the advancing Kizilelma aircraft in Turkey's industry sector indicate the ongoing transformation and strength of the Turkish economy.
- The diverse events from the world of business, politics, and general news, including the discovery of a 2,050-year-old council building in Türkiye and the economic shift in the Mediterranean with Turkey, Libya, and Italy, reaffirm the interconnectedness of global finance, industry, and affairs.
