Business Facts

    Random Business Facts

    There are 75 Business Facts!

    A man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
    12
    In 1907, Kellogg’s launched a campaign called "Wink Day" to promote Cornflakes. Women were encouraged to “wink at your grocer and see what you get” (and what they got was a free box of cereal!)
    -2
    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.
    7
    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.
    44
    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.
    22
    Over 4.6 million Whopper sandwiches are sold at Burger King every day!
    36
    Free Russian Coffee Houses
    Free Russian Coffee Houses
    There are coffee houses in Russia where food and drink are free, but you pay for time.
    39
    In March, 2014, Colorado sold $19 million dollars worth of Cannabis. $1.9 million went to schools and crime fell by 10%.
    6