PulteGroup, Inc. is an American residential home-construction company based in Atlanta, Georgia , United States. As of 2023, the company is the third-largest home-construction company in the United States based on the number of homes closed. In total, the company has built over 775,000 homes.
13-506: The company operates in 44 markets in 23 states. In 2021, it ranked 284th on the Fortune 500 . The company was founded by Bill Pulte in Michigan, and moved its headquarters to Atlanta in 2014. Since 2016, Ryan Marshall has been the president and CEO of the company. In 1950, at the age of 18 years, Bill Pulte , began building and selling houses. In 1956, he formed the company, Pulte Homes, Inc which
26-498: A wood frame, stucco delamination , and improper installation of weep screed . In October 2009, a class-action lawsuit was filed by Steve Berman accusing the company of artificially propping up house sales prices and contributing to the United States housing bubble . The lawsuit was dismissed by the court. Fortune 500 The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks 500 of
39-473: Is given in terms of constant year-on-year prices. In 1998, economic historian J. Bradford DeLong estimated the total GWP in 1990 U.S. dollars for the main years between one million years BCE and 2000 CE (shown in the table below). Estimates from 2000 onwards are based on world GDP, PPP estimates in 2021 constant international dollars from the World Bank and subsequently converted to 1990 US$ . "Billion" in
52-468: Is the list of the top 18 states with the most companies within the Fortune 500 as of 2024. Gross world product The gross world product ( GWP ), also known as gross world income ( GWI ), is the combined gross national income (previously, the "gross national product") of all the countries in the world . Because imports and exports balance exactly when considering the whole world, this also equals
65-428: The United States' gross domestic product with approximately $ 14.2 trillion in revenue, $ 1.2 trillion in profits, and $ 20.4 trillion in total market value. These revenue figures also account for approximately 18% of the gross world product . The companies collectively employ a total of 29.2 million people worldwide, or nearly 0.4% of the world's total population . The following is the list of top 20 companies. This
78-559: The 50 largest commercial banks (ranked by assets), utilities (ranked by assets), life insurance companies (ranked by assets), retailers (ranked by gross revenues) and transportation companies (ranked by revenues). Fortune magazine changed its methodology in 1994 to include service companies. With the change came 291 new entrants to the famous list including three in the Top 10. As of 2020, the Fortune 500 companies represent approximately two-thirds of
91-561: The company acquired Centex for $ 1.3 billion in stock. In August 2014, the company acquired the real-estate assets of Dominion Homes for $ 82 million. The company changed its name from Pulte Homes, Inc. to PulteGroup, Inc. in March 2010. In 2013, PulteGroup launched Built to Honor program, which provides homes to veterans with disabilities from the Army, Marine Corps, Navy, Air Force, and Coast Guard, as well as Gold Star families in 18 U.S. states. In 2016,
104-548: The company acquired some homebuilding assets of John Wieland Homes and Neighborhoods, a premier builder of luxury homes. In April 2019, the company acquired the homebuilding operations of American West Homes for $ 150 million. in US$ In 2019, after an investigation by Florida Attorney General Ashley Moody , Pulte agreed to pay $ 4.7 million in restitution and make repairs to houses it sold in Florida that had cracks in stucco applied to
117-498: The largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies , along with privately held companies for which revenues are publicly available. The concept of the Fortune 500 was created by Edgar P. Smith, a Fortune editor, and the first list was published in 1955. The Fortune 500 is more commonly used than its subset Fortune 100 or superset Fortune 1000 . The Fortune 500, created by Edgar P. Smith,
130-568: The total global gross domestic product (GDP). According to the World Bank , the 2013 nominal GWP was approximately 75.59 trillion United States dollars . In 2017, according to the CIA 's World Factbook , the GWP was around $ 80.27 trillion in nominal terms and totaled approximately 127.8 trillion international dollars in terms of purchasing power parity (PPP). The per capita PPP GWP in 2017
143-538: Was approximately 17,500 international dollars according to the World Factbook . According to the World Bank , the 2020 GWP in current dollars was approximately $ 84.705 trillion . The table below gives recent percentage values for overall GWP growth from 2006 through 2020, as well as an estimate for 2021, according to the International Monetary Fund (IMF)'s World Economic Outlook database. Data
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#1732881561289156-486: Was based in Bloomfield Hills, Michigan . In 1972, the company became a public company via an initial public offering . In 1998, the company acquired Divosta for an estimated $ 150 million, and it also acquired Radnor Homes for an undisclosed amount. In 2001, Pulte Homes, Inc acquired Del E. Webb Construction Company , founded by Del Webb , for $ 1.8 billion. In 2003, the company acquired Sivage-Thomas Homes. In 2009,
169-411: Was first published in 1955. The original top ten companies were General Motors , Jersey Standard , U.S. Steel , General Electric , Esmark , Chrysler , Armour , Gulf Oil , Mobil , and DuPont . The original Fortune 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, Fortune published companion " Fortune 50" lists of
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