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60 facts tagged with Business Facts
If an employee of Google dies, their spouse will receive half their pay for 10 years as well as stock benefits, and any children will receive $1000 a month until they turn 19.
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.
In response to China's air pollution, a Chinese millionaire started selling cans of fresh air for $0.80 and made over $6 million dollars in 10 months.
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.
According to the IRS, self-employed criminals are required to declare the source of their illegal income (like selling drugs) - and they can't prosecute for it!
The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
Snoop Dogg makes $30,000 per week selling digital stickers of his face, joints, and more.
In March, 2014, Colorado sold $19 million dollars worth of Cannabis. $1.9 million went to schools and crime fell by 10%.