[[link removed]]
Dear John,
Immigrants and their children are entrepreneurs. They’re innovators. They’re job creators. They’re catalysts fueling America’s economy.
How do we know? Simply look at this year’s Fortune 500 list.
The American Immigration Council’s new analysis [[link removed]] of the 2023 Fortune 500 list shows that more than two out of every five Fortune 500 companies—the 500 largest corporations by revenue in the country—had at least one immigrant or child-of-immigrant founder.
This year, we found that 44.8% of these “New American” companies were founded by immigrants or their children. Big-name companies like Apple, Costco, Hasbro, and Lululemon all have immigrant roots.
See the Report and Data Interactive [[link removed]]
Some highlights from our analysis on these Fortune 500 companies include:
*
103
companies
on
the
list
were
founded
by
immigrants,
while
another
121
were
founded
by
the
children
of
immigrants

*
In
fiscal
year
2022,
the
total
revenue
for
companies
with
immigrant
ties
was
$8
trillion.
That’s
greater
than
the
GDP
of
most
developed
countries,
aside
from
the
U.S.
and
China.

*
These
companies
employ
14.8
million
people.
Our report shows that immigrants and their children are important contributors to some of the top corporations in the United States, building everything from IT infrastructure to America’s roadways.
Sincerely,
Nan Wu
Director of Research
We can’t do this work without you. If you would like to fund research like this, please make a gift today! [[link removed]]
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