Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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    The co-founder and CEO of SnapChat, 23-year-old Evan Spiegel, turned down an offer of $3 billion from Facebook and then a $4 billion bid from Google.
    8
    As of 2014, Apple has enough money to buy Facebook, or Netflix, Tesla, Twitter, Dropbox, Pandora, and Spotify combined - with $59 billion to spare!
    10
    Nokia was once famous as a manufacturer of toilet paper.
    18
    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.
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    20% of tuxedo rentals take place in May.
    14
    Walt Disney World generates about 120,000 pounds of garbage every day.
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    Nearly 22,000 checks will be deducted from the wrong account over the next hour.
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