WASHINGTON, DC, August 21, 2025 — A new analysis of the 2025 Fortune 500 list reveals that 46.2 percent of America’s largest companies (231 out of 500) were founded by immigrants or their children. These companies generated a staggering $8.6 trillion in revenue in fiscal year 2024 and employed over 15.4 million people worldwide, underscoring the essential role immigrants play in driving innovation, economic growth, and job creation in the United States.
This is the highest level recorded since Council researchers started tracking immigrant entrepreneurs in annual reviews of the Fortune 500 list since 2011.
“Immigrants are a driving force behind America’s prosperity. We need immigration policies that reflect that, instead of investing billions of dollars into detention, deportation, and making it incredibly difficult for foreign workers to come here or even renew their visas. These reckless policies undermine America’s greatest competitive advantage: the talent and drive of immigrants,” said Nan Wu, director of research at the American Immigration Council.
Businesses founded by immigrants or their children continue to transform entire industries, from technology to retail to media. Companies on the list include Amazon, Apple, NVIDIA, Levi Strauss & Co., Ace Hardware, and Sirius XM Holdings.
Key findings include:
- In fiscal year 2024, these Fortune 500 companies founded by immigrants or their children generated $8.6 trillion in revenue—an amount that, if compared with national GDPs, would rank as the third-largest economy globally.
- Collectively, these companies employed over 15.4 million people worldwide—a workforce comparable to the population of the fifth-largest U.S. state.
- Immigrants and their children founded 80 percent of the Fortune 500 companies in professional and other services, 65.6 percent in manufacturing, and 57.5 percent in information.
- Among the 14 companies appearing on the Fortune 500 list for the first time this year, 10 were founded by immigrants or their children.
“Immigrants built nearly half of our Fortune 500 companies, created millions of jobs, and keep our economy competitive. And yet U.S. political leaders are making it increasingly difficult for foreign talent to come here or stay. It’s economic self-sabotage. If we want to stay the world’s innovation leader, we should be welcoming immigrants, not attacking them,” said Steve Hubbard, senior data scientist at the American Immigration Council.
The American Immigration Council has experts available to comment further about the benefits that immigrants bring to the U.S. economy, at a national and state level.
The post Nearly Half of Fortune 500 Companies in 2025 Founded by Immigrants or Their Children appeared first on American Immigration Council.
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