This document discusses the progress of fungal genomics. It notes that the sequencing of the yeast S. cerevisiae genome in 1996 revolutionized work in yeast genetics. The Fungal Genome Initiative was launched in 2000 to sequence genomes of fungi throughout the kingdom. To date, high quality draft genomes have been published for 10 fungi. Fungal genomes range in size from 12-40 Mb. Chromosomal genes make up the bulk of the genome. Mitochondrial, plasmid, and virus-like genes also contribute to the fungal phenotype. Transposons are rare in filamentous fungi. The S. cerevisiae genome was discussed as an example, noting its 16 chromosomes, 6183 genes, and circular 2 μm plasmid