DuPont Co. and Navient were the Delaware companies to make the Fortune 500 list of largest companies.
The list ranks companies based on annual revenues.
DuPont, based near Wilmington, ranked 101st on the list with revenues of nearly $28 billion.
Wilmington-based Navient, which was spun off from student lender, Sallie Mae ranked 494th with revenue of $5.2 billion. Navient is the largest servicer of student loans.
DuPont is likely to disappear from the list next year, due to the merger with Dow Chemical Co.
However, after the merger the combined companies will spin off three businesses as publicly traded companies.
Two of the businesses , including the DowDuPont agricultural business will be based in Delaware and are likely to end up on a future Fortune 500 list.
Topping the list is Walmart, followed by Exxon Mobile, Apple and Warren Buffett’s Berkshire Hathaway.
The four are each several times larger than DuPont, which has shrunk over the years as it spun off and sold businesses. About a year ago, DuPont spun off some of its chemical businesses into publicly traded Chemours.
In the 1950s, DuPont was arguably the nation’s most powerful corporation, with family members holding a controlling interest in General Motors.
The federal government ordered the sale of their stake in GM.
Even after the sale of the GM stake DuPont went on to acquire oil giant Conoco and coal miner Consolidation Coal. With Conoco came the presence of the Bronfman family as the company’s largest shareholder for many years.
The sale of DuPont’s stake in Conoco led to the departure of the Bronfmans, who had made their fortune in the liquor business with Seagram’s and acquired a stake in Conoco and later DuPont during a takeover battle with the Delaware-based company.
