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43% of Fortune 500 founded by immigrants or their children

Google founder Sergey Brin was born in Russia. Photo: Tony Avelar / AP

About 43% of Fortune 500 companies were founded by an immigrant or a child of an immigrant, per a new study from the Center for American Entrepreneurship: That number is slightly higher within the high-tech companies on the list, at roughly 46%. The companies linked to immigrants are located in more than half of all states.

The backdrop: A battle is raging over the Trump administration's plan to rescind the International Entrepreneur Rule which grants temporary visas to foreign startup founders meeting certain criteria. Last week, a court blocked the Department of Homeland Security's attempt to delay the implementation of the rule.