How much sleep and exercise do Fortune 500 CEOs get? (2024)

Before the holiday weekend begins, some odds and ends from our new poll of Fortune 500 CEOs:

How long does the average Fortune 500 CEO sleep at night?6.3 hours, or so they say.

And how much does the average Fortune 500 CEO exercise in a week?A solid 4.5 hours, at least according to them.

And what’s the best book they’ve read this year? Only one new book was mentioned by more than one CEO:former Best Buy CEO Hubert Joly’s The Heart of Business.Others on the list: Jimmy Soni’sThe Founders, David Rubenstein’s How to Lead, Dan Yergin’s The New Map, and Albert Bourla’s Moonshot.No doubt Tomorrow’s Capitalist will be there next year.

Finally, wondering who the most overpaid CEOs on the Fortune 500 were last year? We crunched the numbers; you can find the 10 most overpaid 10 here.

More news below.We’ll be back on Tuesday.

More news below.

How much sleep and exercise do Fortune 500 CEOs get? (1)

Alan Murray
@alansmurray

alan.murray@fortune.com

TOP NEWS

Uvalde school shooting

Texas police have revised key details about what happened when a gunman entered a school in Uvalde, where he shot and killed 19 children and two teachers. Police said on Thursday that Salvador Ramos, 18, roamed around outside the school for 12 minutes before he entered the building unchallenged. He was shot 90 minutes after arriving at the school. Officers have been criticized for their response to the shooting, and for how parents of children inside the school were treated by law enforcement. BBC

U.K. slaps 25% tax on energy firms

The British government announced Thursday it would slap a 25% windfall tax on oil and gas companies’ profits, as British consumers face warnings their energy bills could double in October after surging 54% last month. The tax is expected to raise around £5 billion ($6.3 billion), which will be used to fund one-off grants to help Britain’s poorest households navigate the cost-of-living crisis. Bloomberg

Texas governor to skip NRA convention

Texas Gov. Greg Abbott will skip the National Rifle Association convention this Friday to make a return trip to Uvalde, the town devastated by a school shooting that saw 19 children and two teachers murdered this week. Abbott—who has suggested the gunman’s mental health, not his weapon, was the reason the shooting happened—was scheduled to speak at the NRA event, and will instead record an address to be played at the convention. NBC News

Top Gun sequel

Top Gun: Maverick, the forthcoming sequel to 1980s classic Top Gun,is expected to pull in more than $100 million in the U.S. this weekend in what could be a record for Memorial Day weekend. Fortune

AROUND THE WATERCOOLER

Roe v. Wade

Speaking to Fortune on Thursday, Planned Parenthood CEO Alexis McGill Johnson said the end of Roe v. Wade would have profound financial consequences that mean “businesses have a strategic imperative” to take action. After the fall of Roe, 26 states are considered certain or likely to effectively ban abortion. Fortune

Chinese tech slump

Chinese tech giants Alibaba, Tencent, and JD.com have all reported their slowest revenue growth on record, as COVID lockdowns and China’s crackdown on Big Tech took a toll. However, Baidu—China’s answer to Google—and grocery delivery firm Dada both posted more positive Q1 results. CNBC

Gun reform

Republicans around the U.S. told Politico they’d be willing to improve school safety measures and mental health services, but as one GOP Senate candidate put it: “We’re not going to ban guns—period.” Political strategists said there was little incentive for Republicans to change course now. Meanwhile, Democrats in some of the most competitive Senate races have shied away from offering specific ideas for policy reforms. Politico

Eastern Ukraine’s defenses “outnumbered”

Ukrainian officials have admitted Russian forces have the “upper hand” in their country’s eastern region. Fighting continues around the country, but Donbas, in Ukraine’s east, has suffered intensifying bombardments in recent weeks amid the ongoing Russian advance. The Guardian

CEO Daily won’t appear Monday, which is Memorial Day, and will be back Tuesday.

This edition of CEO Daily was edited by Chloe Taylor.

This is the web version ofCEO Daily, a newsletter of must-read insights from FortuneCEO Alan Murray. Sign up to get it delivered free to yourinbox.

How much sleep and exercise do Fortune 500 CEOs get? (2024)

FAQs

How much sleep and exercise do Fortune 500 CEOs get? ›

While not a scientific study, the Expert Reviews Sleep Survey claims to dispel the stereotype that CEOs thrive on a few hours' sleep. Yet the tide may already have been turning; a 2022 poll of Fortune 500 CEOs revealed these business leaders sleep an average of 6.3 hours a night.

How many hours of sleep do CEOs get? ›

CEOs of major companies can have pretty extreme sleep schedules. They're often getting up early in the morning and going to bed late to manage their busy work days. Still, there are a handful that aim for 8 hours or more of sleep a night.

How many hours do Fortune 500 CEOs work? ›

The Job Is All-Consuming. CEOs are always on, and there is always more to be done. The leaders in our study worked 9.7 hours per weekday, on average. They also conducted business on 79% of weekend days, putting in an average of 3.9 hours daily, and on 70% of vacation days, averaging 2.4 hours daily.

What are the chances of becoming a CEO of Fortune 500? ›

Most had years of prior business roles. Insider data puts the average odds of a graduate trainee eventually becoming a Fortune 500 CEO at around 1 in 2,500.

What portion of each workday the typical Fortune 500 CEO spends on the phone? ›

26 percent: the portion of each work day the typical Fortune 500 CEO spends on the phone. 50 percent: the portion of a senior manager's typical workday dedicated to meetings.

How many hours does Mark Zuckerberg sleep? ›

Zuckerberg also prioritises sleep and makes sure that he gets proper eight hours of sleep to recharge himself and prepare for the next day's challenges.

How many hours did Kobe sleep? ›

Polyphasic and biphasic sleepers break up their sleep into multiple sessions so that they can sleep less and still function normally. Kobe broke his sleep into two two-hour sessions, giving him a total of around 4 hours of sleep a night.

What is the average salary of a Fortune 500 CEO? ›

In the past 10 years, CEO pay at S&P 500 companies increased by more than $5 million to an average of $16.7 million in 2022. Meanwhile, the average U.S. worker saw a wage increase of $15,460 over the past decade, earning on average just $61,900 in 2022. Blackstone Inc.

What time do top CEOs wake up? ›

Really early: 6am is good, but 5am is better. And CEOs don't hit snooze: most of them claim to leap out of bed in the morning (even though it's basically still night) and more than one said that "life is too exciting" for sleep.

What is the lowest salary CEO in the Fortune 500? ›

Take Zelnick, CEO of the maker of acclaimed video games, Take-Two Interactive. His fiscal 2021 pay package of $138,347, including his salary of $1, makes him the lowest paid CEO in the S&P 500. That's not a great deal higher than the company's median employee total pay of $72,046.

Can a CEO take $1 salary? ›

A number of high-profile execs have reduced their paycheck to a single dollar. But the gesture isn't as altruistic as it seems. In the last few decades, a curious trend has emerged: A small but growing number of prominent CEOs have reduced their cash salary to $1.

How rich is the average CEO? ›

The average compensation for S&P 500 company CEOs in 2021 was $18.3 million, according to AFL–CIO. This includes $9.9 million on restricted stocks, $3.1 million on non-equity incentives, $2.98 million in stock options and $1.19 million in salary.

How many Fortune 500 CEOs did not go to college? ›

Of the 500 CEOs on the list, seven or eight had no undergraduate degree, more than the combined degrees from any other college in the pool, according to Kang, who is now a professor of international relations and business at the University of Southern California.

How Fortune 500 leaders schedule their days? ›

The average leader dedicates about 25 minutes of their morning to strategizing and planning. During that time, they tackle important tasks and projects while holding off on emails, calls, and texts until lunchtime.

How many Americans work for Fortune 500 companies? ›

New American Fortune 500 companies employ 14.8 million people. These companies are a strong driver of job creation. Each New American Fortune 500 company employs 66,192 workers on average.

How many CEOs of Fortune 500 companies are white? ›

Fortune 500 CEOs have overwhelmingly been white men, but in recent years, executive boards have been becoming more diverse. For instance, in 1980, all of the top 50 Fortune 500 companies' CEOs were white men. In 2023, 37 of the top 50 companies' CEOs were white men.

How many hours do businessmen sleep? ›

A good night's sleep — roughly seven to eight hours, according to the American Academy of Sleep Medicine — can yield tremendous benefits for an entrepreneur, as sleeping has a major impact on mental health and overall well-being.

How many hours do Elon Musk sleep? ›

Musk revealed in an interview with The Full Send podcast that he tends to sleep for around six hours every night and immediately checks his phone upon awakening.

How many hours of sleep do the richest people get? ›

When Do America's Richest Billionaires Wake Up?
BILLIONAIRESLEEP SCHEDULEHOURS OF SLEEP
Elon Musk1:00 a.m. to 7:00 a.m.6 HOURS
BILL GATES12:00 a.m. to 7:00 a.m.7 HOURS
MARK ZUCKERBERG1:00 a.m. to 8:00 a.m.7 HOURS
JEFF BEZOS9:00 p.m. to 5:00 a.m.8 HOURS
2 more rows
Sep 20, 2023

What is the average time a CEO stays? ›

Yes, there are plenty of examples of CEOs who keep the post for 30 years or more. But the average tenure for a chief executive is just five years, according to PWC, and there's a reason for that. At some point, every CEO faces the question of whether it's finally time to take the off-ramp and leave the company.

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