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81 facts tagged with Money Facts
In 1989, Spy Magazine sent cheques for 13 cents to some of the richest and most famous people to see who would cash them. The only two to do so were Donald Trump and an international arms dealer.
In the mid-90s, Hitachi produced an ATM that sterilized bills by heating them to 200 degrees Celsius, then ironed them before dispensing.
In 1992, an Australian gambling syndicate purchased the majority of combinations in a Virginia lottery. They won, turning their $5m investment into $27m winnings.
An experimental program in Canada in the 1970s gave everyone a minimum income just for being a citizen.
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.