The Fortune 500 is an annual list compiled and published by Fortune magazine. The list ranks the top 500 U.S. corporations as per their gross revenue.
In 2015 the top 5 were: Walmart, Exxon Mobil, Chevron, Berkshire Hathaway, and Apple.
In 2020 the top 5 doesn't look too different: Walmart, Exxon Mobil, Apple, Berkshire Hathaway, and Amazon.com.
When reading these lists I think of old grey haired billionaires like Warren Buffet or tech geniuses such as Steve Jobs.
In 2015 I came across the following stat, which changed my whole perspective and blew my mind:
95% of Fortune 500 CEOs played college sports!
I looked into it a bit more and discovered the following:
John Donahoe, CEO of Ebay: 'Basketball Junkie' at Dartmouth.
Indra Nooyi, CEO of PepsiCo: Played cricket at college in India.
Walter Robb, CEO of Whole Foods: Played Soccer at Stanford.
Brian Moynihan, CEO of Bank of America: Crazy about Rugby and played at Brown.
The list went on…
I doubt we will ever know for sure how accurate 95% is.
Either way the following 9 reasons are something I agree with and truly believe in.