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Fabulous Cover Photos of Fortune Magazine from the 1930s

Fortune Magazine launched in February 1930, just months after Henry Luce founded it in 1929. Luce had already built Time Magazine into a success, and he wanted Fortune to do for business what Time had done for news. From day one, he insisted that the magazine look unlike anything else on a newsstand. The result was a publication that treated its covers as serious works of art.

The covers from Fortune’s earliest issues set the tone immediately. Bold colors, clean lines, and striking imagery made each issue feel like a collector’s item. The April 1930 cover below is a perfect example of that ambition at full force.

Cover of Fortune magazine, April 1930
Cover of Fortune magazine, April 1930

Fortune hired some of the best commercial artists of the era to design its covers. These weren’t photographs of executives or charts — they were original illustrations built around themes of industry, trade, and American commerce. The Art Deco movement was at its peak in the early 1930s, and Fortune’s art directors embraced it fully.

Cover of Fortune magazine, April 1931
Cover of Fortune magazine, April 1931
Cover of Fortune Magazine, July 1931
Cover of Fortune Magazine, July 1931

The early 1930s were shaped by the Great Depression, yet Fortune kept its price at one dollar per issue — an enormous sum at the time. Luce aimed the magazine squarely at business leaders and executives who still had money to spend. The covers reflected that audience: polished, confident, and visually powerful.

Cover of Fortune Magazine, October 1931
Cover of Fortune Magazine, October 1931
Cover of Fortune Magazine, January 1932
Cover of Fortune Magazine, January 1932

Artists like Antonio Petruccelli, Paolo Garretto, and Joseph Binder contributed cover designs throughout the decade. Each brought a distinct style, and Fortune gave them creative freedom that most publications would never have allowed. The covers ranged from geometric abstractions to detailed industrial scenes.

Cover of Fortune Magazine, March 1932
Cover of Fortune Magazine, March 1932
Cover of Fortune magazine, May 1932
Cover of Fortune magazine, May 1932

By 1933, Fortune had established a clear visual identity. The covers told a story about modern capitalism — its machinery, its markets, and its ambitions. Every issue arriving in a reader’s mailbox felt like an event.

Cover of Fortune magazine, April 1933
Cover of Fortune magazine, April 1933
Cover of Fortune Magazine, August 1933
Cover of Fortune Magazine, August 1933
Cover of Fortune magazine, January 1933
Cover of Fortune magazine, January 1933
Cover of Fortune magazine, September 1933
Cover of Fortune magazine, September 1933

The mid-1930s brought even more experimentation. Cover designs grew more abstract and international in their influences, borrowing from European modernism and Soviet constructivism. Fortune was competing on a global aesthetic stage, not just a business one.

Cover of Fortune Magazine, August 1934
Cover of Fortune Magazine, August 1934
Cover of Fortune magazine, October 1934
Cover of Fortune magazine, October 1934
Cover of Fortune Magazine, August 1935
Cover of Fortune Magazine, August 1935

Fortune’s covers in 1935 showed a magazine firing on all cylinders. The designs were more refined, the printing quality sharper, and the thematic range broader. Subjects included shipping, aviation, agriculture, and finance — all rendered with artistic precision.

Cover of Fortune Magazine, December 1935
Cover of Fortune Magazine, December 1935
Cover of Fortune Magazine, February 1935
Cover of Fortune Magazine, February 1935
Cover of Fortune Magazine, October 1935
Cover of Fortune Magazine, October 1935

As the decade moved toward its close, Fortune’s covers shifted slightly in tone. The late 1930s brought growing unease in global markets, and some covers began reflecting harder industrial themes. The imagery remained stunning, but there was a weightiness that wasn’t as present in the magazine’s earliest years.

Cover of Fortune magazine, December 1937
Cover of Fortune magazine, December 1937
Cover of Fortune magazine, January 1937
Cover of Fortune magazine, January 1937
Cover of Fortune magazine, June 1937
Cover of Fortune magazine, June 1937
Cover of Fortune magazine, October 1937
Cover of Fortune magazine, October 1937

Fortune today is published by Fortune Media Group Holdings, owned by Thai entrepreneur Chatchaval Jiaravanon. It remains one of the most recognized names in business journalism, known for its in-depth features and its annual Fortune 500 list — a ranking of companies by revenue published every year since 1955. The 1930s covers below stand as a reminder of just how far back that commitment to quality runs.

Cover of Fortune magazine, October 1938
Cover of Fortune magazine, October 1938
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