Nearly Half Of All Fortune 500 Companies Were Founded By Immigrants Or Their Children Study Finds
The study, released Thursday from The New American Economy Research Fund, is the latest piece of research tying a significant portion of U.S. economic growth to migrant families. The pro-immigration group’s data revealed there were 101 companies founded directly by foreign-born individuals and another 122 were created by the children of immigrants. U.S. Fortune 500 companies founded by immigrants employ 13.5 million people and, on average, employ 11 percent more people than the median Fortune 500 corporation founded by a non-immigrant....