Business Facts

    Random Business Facts

    There are 75 Business Facts!

    20% of tuxedo rentals take place in May.
    13
    The first owner of the Marlboro Company died of lung cancer.
    338
    John Mackey (Whole Foods CEO)
    John Mackey (Whole Foods CEO)
    In 2006, the CEO of Whole Foods reduced his salary to $1 a year, donated his entire portfolio to charity, and set up a $100,000 fund for staff facing personal problems.
    43
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
    6
    IKEA Boss
    IKEA Boss
    Despite being one of the top 10 richest men in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
    45
    Blockbuster laughed at a Netflix partnership proposal in 2000.
    15
    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    3
    Programmer Outsourced Job to China So He Could Surf Reddit and Watch Cat Videos
    A man secretly outsourced his programming job to China. He filled his work day watching cat videos, surfing Reddit and Facebook. Before being caught and fired, he made hundreds of thousands.
    21