Fortune Magazine
Wiki, Facts

Founding - The publication was founded by The Atlantic Monthly Company co-founder Henry Luce in 1929.
The publication made its official debut in February 1930.
There were 30,000 subscribers who had already signed up to receive the initial 184-page issue.
By 1937, the number of subscribers had grown to 460,000, and the magazine had turned half million dollars in annual profit.

Special features - At a time when business publications were little more than numbers and statistics printed in black and white, Fortune was an oversized 11"×14", using creamy heavy paper, and art on a cover printed by a special process.

Photography - Fortune was noted for its photography, featuring the work of Margaret Bourke-White, Ansel Adams, and others.
Walker Evans served as its photography editor from 1945 to 1965.

Activities - The magazine regularly publishes ranked lists, including the Fortune 500, a ranking of companies by revenue that it has published annually since 1955.
The magazine is also known for its annual Fortune Investor's Guide.

Publication frequency - From its launch in 1930 to 1978, Fortune was published monthly.
In January 1978, it began publishing biweekly.
In October 2009, citing declining advertising revenue and circulation, Fortune began publishing every three weeks.
As of 2018, Fortune is published 14 times a year.

Ownership - On November 9, 2018, it was announced that Meredith Corporation was selling Fortune to Thai billionaire Chatchaval Jiaravanon for $150 million.
Jiaravanon is affiliated with the Thailand-based conglomerate Charoen Pokphand Group, which has holdings in agriculture, telecommunications, retail, pharmaceutical, and finance.

Competitors - The magazine competes with Forbes and Bloomberg Businessweek in the national business magazine category and distinguishes itself with long, in-depth feature articles.

Trivia - Fortune magazine was originally thought to be titled Power, but eventually went under its well-known name.

Social media stats as of October 2020:

• 1.7M followers on Facebook

• 101K subscribers on YouTube

• 2.2M followers on Twitter

• 325K followers on Instagram

• 6K followers on Pinterest