Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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.
    16
    Instead of McDonald's tearing down a ~200-year-old Georgian mansion, citizens of a small NY town forced them to renovate it instead, resulting in a uniquely historic franchise location.
    8
    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
    Bill Gates, the founder of Microsoft was a college drop out.
    94
    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
    23
    Nintendo has banked so much money, they could run a deficit of over $250 million every year and still survive until 2052.
    5
    The first owner of the Marlboro Company died of lung cancer.
    342
    Oil tycoon, John D. Rockefeller, was the world's first billionaire.
    52