Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Dmitry Argakov
    Dmitry Argakov
    A man named Dmitry Argakov was sent a letter offering him a credit card but he didn’t like the terms. So he altered the contract to include unlimited credit at 0% interest which the bank accepted but then tried to void his card. He sued the bank for not sticking to terms of the credit contract and won.
    48
    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
    41
    Walt Disney World generates about 120,000 pounds of garbage every day.
    47
    Richard Branson, founder of the Virgin Group, is dyslexic.
    7
    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
    Ma Yu Ching’s Bucket Chicken House in Kaifeng, China is considered the world’s oldest operating restaurant, first opening in 1153 AD during the Jing Dynasty.
    11
    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.
    47
    In 2013, Candy Crush made $850,000 per day!
    13