Everything is bigger in Texas! It's more than a motto and the proof is in the Fortune 500.

Get our free mobile app

The 68th FORTUNE 500 list for 2022 has been announced and Texas is home to more of those companies than any other state in the U.S.

FORTUNE 500

According to a report from  KETK, the list is made up by looking at revenue companies make in the 2021 fiscal year. FORTUNE 500 Companies brought in a total revenue of $16.1 trillion in 2021 making up two-thirds of the nations gross domestic product and employed 29.7 million people around the world.

Texas is Big Business

Out of the 500 companies, 53 are headquartered in Texas, according to Texas Governor Greg Abbotts press release. 51 of those 500 companies are head quartered in New York while California is home to 50.

Gov. Abbot said in his news release,

"Texas is the economic engine of the nation, and I am proud to announce that we continue leading the country now with the most Fortune 500 corporate headquarters," said Governor Abbott. "Thanks to our unmatched business environment, with no corporate or personal income taxes, a highly skilled and diverse workforce, easy access to global markets, and reasonable regulatory climate, Texas has more businesses relocating and expanding here in our state than ever before. Without the constraint of over-taxation and runaway regulation imposed by other states, businesses are drawn to the endless economic opportunities as new ideas and innovation are free to flourish in the Lone Star State. I look forward to continuing our partnerships with businesses across the state to build an even brighter, more prosperous future for generations to come."

Out of the 53 companies headquartered in Texas, Houston is home to 21 of those companies with Dallas home to 11.

Texas Fortune 500 Companies

Of the 53 companies headquartered here in Texas, Exxon Mobile is at number 6 on Fortunes list while McKesson is at number 9.

You can check out the full list click here.

Who Are The 5 Richest People in Texas, Not Counting Elon Musk?

There are more billionaires in America than in any other country, according to Stacker. For some people, the money just keeps pouring in, as Amazon CEO Jeff Bezos is projected to become the world’s first trillionaire by 2026.

However, Bezos is not the world's richest person right now. That title goes to the founder of SpaceX, Tesla, and the new owner of Twitter, Elon Musk. Musk owns a mansion in Austin but says his main home is a $50,000 rental from SpaceX in Boca Chica, Texas.

Forbes lists 63 billionaires in Texas, including Elon Musk. Let's find out who's at the top of the list in the Lone Star State for 2022, right behind Musk.

Are You Moving To Temple, Texas? Be Aware of These Annoying Things

I was excited to move to Temple and start a new chapter in my life, and while life here's been good so far, the moving part...well, not so much. Here are a few things I learned that might help you out if you're looking to make this place home.

More From KOOC-FM