Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Newman’s Own foods donates 100% of its post tax profits to charity. As of June 2012 these donations have exceeded 330 million dollars.
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    The first female self-made millionaire in America was a black woman.
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    The average company saves over $7,000 for each employee suggestion that is enacted!
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    A full-time cashier at Costco makes about $49,000 annually. The average wage at Costco is nearly 20 dollars an hour and 89% of Costco employees are eligible for benefits.
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    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.
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    Amazon sells more e-books than printed books.
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    The first product that the toy company Mattel came out with was picture frames.
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    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.
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