Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Samsung is also a full time weapons manufacturer.
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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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    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.
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    The first product that the toy company Mattel came out with was picture frames.
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    The upside-down ketchup bottle earned its inventor 13 million dollars.
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    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 man sued Bank of America for erroneously foreclosing on his home and won. When they didn’t pay the fees, he foreclosed their bank.
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    In March, 2014, Colorado sold $19 million dollars worth of Cannabis. $1.9 million went to schools and crime fell by 10%.
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