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Rating:Fidelity Falls One Rung on a Forbes List Not Rated 0.0 Email Routing List Email & Route  Print Print
Monday, December 10, 2012

Fidelity Falls One Rung on a Forbes List

News summary by MFWire's editors

Fidelity [profile] was the only mutual fund shop to make Forbes' twenty-eighth annual list of America's largest private companies. With $12.76 billion in revenue and 39,700 employees, Fido ranked 21st on the list, between Enterprise Holdings and Performance Food Group.

Fidelity fell one spot on the list this year, having been ranked number 20 on the 2011 list. Forbes' short profile on Fidelity gives the firm's vital stats.

The top spot, for the fifth straight year, went to Cargill, while Koch Industries was number two.

The Forbes list is restricted to companies with $2 billion or more in revenue that either have too few shareholders to be required to file with the SEC, or whose shareholders are limited to a specific group, like a family. The list excludes auto dealerships and real estate investment and management firms. 

Edited by: Chris Cumming


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