Top Business Facts

    60 facts tagged with Business Facts

    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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    GTA V achieved $1 billion in sales just 3 days after its launch.
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    Blockbuster laughed at a Netflix partnership proposal in 2000.
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    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.
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    The first Ronald McDonald was Willard Scott in 1963.
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    There's a café in France which charges €7 for a coffee to rude customers and €1.40 to people who talk politely to staff.
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    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!
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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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