About Fortune

**Fortune** is a prestigious American business magazine founded in 1929 by Henry R. Luce, co-founder of Time Inc., with its first issue published in February 1930. Conceived as a stylish and insightful alternative to existing business publications, Fortune combined in-depth corporate storytelling with broader analyses of business, society, and politics, setting new standards in business journalism[1][2][4]. The magazine quickly gained prominence, even launching during the Great Depression, by providing detailed profiles of companies, economic forecasts, and surveys that connected business trends to societal impacts. Fortune’s high literary and artistic standards attracted notable writers and innovators, including early use of photo covers and computer-designed covers, making it both authoritative and visually distinctive[2][4]. Its advertising-supported model helped it thrive financially, growing from 30,000 subscribers at launch to nearly half a million by 1937[3][4]. One of Fortune’s most notable achievements is the creation of the **Fortune 500 list** in 1955, ranking companies by revenue—a benchmark widely used in the business world. The magazine evolved over time, shifting publication frequency from monthly to biweekly in 1978 and later to triweekly in 2009, reflecting changes in media consumption[1][5]. It also expanded into digital media, launching fortune.com in 2014 and integrating content with CNNMoney.com since 2006, enhancing its reach in business and technology news[1]. Ownership has changed in recent years: Meredith Corporation acquired Fortune in 2018, then it was sold to Thai billionaire Chatchaval Jiaravanon, becoming part of Fortune Media Group Holdings[1]. In 2021, Fortune appointed its first female editor-in-chief, Alyson Shontell, marking a significant milestone in its leadership[1]. Today, Fortune remains a leading voice in business journalism, known for influential rankings, insightful reports on corporate and technological innovation, and its ability to connect business with broader economi

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Business

Job Market Concerns: Unequal Distribution of Job Gains

09 Sep 2025 12 views

#job_market #economy #recession

Economists are concerned about the unequal distribution of job gains and the potential impact on the economy and job seekers.

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Business

The Economic Crisis in Rural America and Its Impact on Farmers and Communities

01 Sep 2025 28 views

#economics #agriculture #rural_communities

A closer look at the current economic crisis plaguing rural America and its devastating effects on farmers and communities.