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Immigrants Founded Nearly Half of 2018's Fortune 100 Companies

Finance By O. DELGADO858 views
Immigrants Founded Nearly Half of 2018's Fortune 100 Companies

They're not just "bringing crime"; they're pioneering new technology, creating jobs, and providing services across the nation and the globe.

The United States has always been a land of opportunity, a land of immigrants.  People come here with hope, a willingness to work hard, and a determination to make something for themselves and their families.  And they do.

According to Forbes:

"First- or second-generation immigrants played a founding role in 44 of 2018’s top 100 Fortune 500 companies, including AppleAT&T, and Ford. AmazonCostco. And that barely scratches the surface. If the list starts to seem like an inventory of most of the nation’s most successful companies, well, maybe that’s because it is.

Yes, Apple's Steve Jobs was the son of a Syrian immigrant and Amazon's Jeff Bezos is the son of a Cuban-immigrant.

And that's just the top 100.  In 2017, immigrant families founded over 40% of ALL 500 companies. That's 216 companies, which, according to Brookings Institute, produced $5.3 trillion in revenue and employed 12.1 million workers.

Forbes acknowledges, "It’s been known for some time now that immigrants are a vital, irreplaceable part of many Fortune 100 and Fortune 500 firms." 

 

 

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