• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

1

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

2

Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

3

Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
FinanceGlobal 500

These 21 companies are making their debut on the Fortune Global 500 list in 2022

By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
August 6, 2022, 6:00 AM ET
Fortune Global 500 newcomer Sinochem Holdings (No. 31).
Fortune Global 500 newcomer Sinochem Holdings (No. 31).Courtesy of Sinochem

There’s a first time for everything, and sometimes that first time marks a big leap.

This year, 21 companies will make their debut on the Fortune Global 500 list—our annual ranking of the world’s biggest companies as measured by revenue. This year, cracking the list meant bringing in at least $29 billion in the fiscal year that ended on or before March 31, 2022. It also means joining a group that includes Walmart, Amazon, and Apple. 

The companies that made it onto the list for the first time this year are scattered all over the world, and are involved in sectors ranging from transportation to health care to engineering and construction. Asia dominated the list of first timers, with 12 companies, while Europe had five. The U.S. had only two new additions: used-car seller CarMax, and conglomerate Danaher. Company revenues from the previous year range as high as $172 billion. 

These are the 21 first-timers on the Global 500 this year.

1. Sinochem Holdings 

Fortune Global 500 Rank: 31
Industry: Chemicals
Revenue: $172 billion
Country/Territory: China

2. Life Insurance Corp. of India 

Fortune Global 500 Rank: 98
Industry: Insurance 
Revenue: $97 billion
Country/Territory: India

3. Susun Construction Group

Fortune Global 500 Rank: 299
Industry: Engineering and Construction
Revenue: $46 billion
Country/Territory: China

4. Hangzhou Iron and Steel Group

Fortune Global 500 Rank: 336
Industry: Metals
Revenue: $41 billion 
Country/Territory: China

5. Cenovus Energy

Fortune Global 500 Rank: 384
Industry: Mining 
Revenue: $37 billion
Country/Territory: Canada

6. Kuehne + Nagel International

Fortune Global 500 Rank: 396
Industry: Transportation and Logistics
Revenue: $36 billion
Country/Territory: Switzerland

7. Raízen

Fortune Global 500 Rank: 398
Industry: Petroleum Refining 
Revenue: $36 billion
Country/Territory: Brazil

8. Shudao Investment Group 

Fortune Global 500 Rank: 413
Industry: Engineering and Construction
Revenue: $35 billion 
Country/Territory: China

9. Hunan Iron & Steel Group

Fortune Global 500: 421 
Industry: Metals 
Revenue: $34 billion 
Country/Territory: China

10. CarMax

Fortune Global 500 Rank: 432
Industry: Automotive Retailing
Revenue: $33 billion 
Country/Territory: U.S.

11. Xinjiang Zhongtai Group

Fortune Global 500 Rank: 434
Industry: Chemicals 
Revenue: $33 billion
Country/Territory: China

12. BYD 

Fortune Global 500 Rank: 436
Industry: Motor Vehicles and Parts
Revenue: $33 billion
Country/Territory: China

13. S.F. Holding 

Fortune Global 500 Rank: 441
Industry: Transportation and Logistics
Revenue: $32 billion
Country/Territory: China

14. Shandong Hi-Speed Group 

Fortune 500 Global Rank: 458
Industry: Transportation and Logistics
Revenue: $31 billion
Country/Territory: China

15. Investor 

Fortune 500 Global Rank: 461
Industry: Diversified Financials 
Revenue: $31 billion
Country/Territory: Sweden

16. Chengdu Xingcheng Investment Group

Fortune 500 Global Rank: 466
Industry: Engineering and Construction
Revenue: $31 billion
Country/Territory: China

17. Shanghai Delong Steel Group

Fortune 500 Global Rank: 469
Industry: Metals
Revenue: $30 billion
Country/Territory: China

18. Mercadona

Fortune 500 Global Rank: 471
Industry: Food and Drug Stores 
Revenue: $30 billion
Country/Territory: Spain

19. Danaher 

Fortune Global 500 Rank: 486
Industry: Medical Products and Equipment 
Country/Territory: $29 billion 
Country: U.S.

20. DSV

Fortune Global 500 Rank: 496
Industry: Mail, Package, and Freight Delivery 
Revenue: $29 billion
Country/Territory: Denmark

21. Umicore 

Fortune Global 500 Rank: 500
Industry: Chemicals 
Revenue: $29 billion 
Country/Territory: Belgium

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
By Alena BotrosFormer staff writer
LinkedIn iconTwitter icon

Alena Botros is a former reporter at Fortune, where she primarily covered real estate.

See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

elon
SuccessIPOs
SpaceX IPO targets $28.5 trillion total addressable market, mission to ‘make life multiplanetary’ and understand ‘true nature of the universe’
By Nick LichtenbergMay 20, 2026
7 hours ago
Jensen Huang, chief executive officer of Nvidia
AINvidia
Nvidia tells skeptical investors that AI is ready to go mainstream
By Ian King and BloombergMay 20, 2026
7 hours ago
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
Big TechSpaceX
SpaceX finally files IPO prospectus, reveals revenue is up–but losses are too
By Allie Garfinkle and Alexei OreskovicMay 20, 2026
7 hours ago
Elon Musk sits with his fists together, looking up.
Commentaryspace
SpaceX will be worth trillions, but the space station that made it possible is worth even more — if we don’t squander it
By Tejpaul BhatiaMay 20, 2026
7 hours ago
Clinical Psychologist Daniel Wendler
ConferencesWorkplace Innovation Summit
A ‘proudly autistic’ workplace expert says putting neurodivergent employees in a typical office is like dropping a polar bear in Austin, Texas
By Tristan BoveMay 20, 2026
9 hours ago
Hiba Mona Anver, wearing a black and white striped dress, gestures with her hands as she speaks onstage.
North AmericaWorkplace Innovation Summit
80% of companies have an immigrant in a top leadership role—Trump’s visa crackdown is forcing them to make a ‘plan C,’ warns immigration expert
By Sasha RogelbergMay 20, 2026
9 hours ago

Most Popular

Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
1 day ago
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
Success
Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'
By Preston ForeMay 20, 2026
14 hours ago
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
Future of Work
Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
4 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
8 days ago
Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
Workplace Culture
Dr. Bernice King on why companies that walked back DEI were never truly committed: 'If you retreat that quick…that reveals who you really are'
By Preston ForeMay 19, 2026
1 day ago
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
Travel & Leisure
Spirit Airlines apologizes to all the Americans who can't afford any summer vacation flights as it shuts down
By Rio Yamat and The Associated PressMay 18, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.