Business Facts

    Random Business Facts

    There are 75 Business Facts!

    The first owner of the Marlboro Company died of lung cancer.
    342
    There is no tipping at restaurants in Japan.
    93
    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
    All 3 founders of Apple worked at Atari before forming Apple.
    49
    The man who created the Thighmaster was once a Bhuddist Monk.
    42
    Bill Gates, the founder of Microsoft was a college drop out.
    95
    Oil tycoon, John D. Rockefeller, was the world's first billionaire.
    51
    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