Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Oil tycoon, John D. Rockefeller, was the world's first billionaire.
    51
    The first product that Sony came out with was the rice cooker.
    75
    7-11 sells 10,000 pots of coffee an hour, every hour, every day.
    27
    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
    9
    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
    73
    In 2004, The Japanese Ice Cream Association promoted "raw horse flesh" ice cream in hopes that it would boost the popularity of ice cream!
    -12
    CEO takes over company worth $9m, fires management, gives power to employees, and now makes over $200m
    Ricardo Semler, a CEO in his twenties, took over a company worth $9m, fired most of the management, and gave the power to the employees. It now has a turnover of over $200m.
    15
    Lentil As Anything, a successful Australian restaurant, allows its customers to pay whatever price they feel like paying for the food.
    10