Random Business Facts

    60 facts tagged with Business Facts

    IRS: Criminals legally required to declare illegal income on tax return
    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!
    16
    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
    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."
    9
    Amazon sells more e-books than printed books.
    43
    The first owner of the Marlboro Company died of lung cancer.
    342
    7.6 million Christmas trees are sold each year.
    100
    China's Pollution Is so Bad, a Millionaire Made over $6m Selling Cans of Fresh Air
    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.
    19
    Richard Branson, founder of the Virgin Group, is dyslexic.
    7