Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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.
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    A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
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    Samsung is also a full time weapons manufacturer.
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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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    Walt Disney World generates about 120,000 pounds of garbage every day.
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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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    If Wal-Mart was classified as a country, it would be the 24th most productive country in the world.
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