Random Money Facts

    81 facts tagged with Money Facts

    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
    Coins usually survive in circulation for about 30 years.
    66
    If you have 1 billion dollars and spend $1,000 every day, it would take you 2,740 years to go broke.
    31
    Hitachi's ATM that Sterilizes and Irons Bills
    In the mid-90s, Hitachi produced an ATM that sterilized bills by heating them to 200 degrees Celsius, then ironed them before dispensing.
    4
    India's richest person, Mukesh Ambani, built a $1 billion home. It has 27 habitable floors, including six parking floors with a capacity to hold up to 168 cars. 600 staff maintain the home.
    13
    In Japan, it is tradition for husbands to get a monthly allowance from their wives.
    6
    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
    A full-time cashier at Costco makes about $49,000 annually. The average wage at Costco is nearly 20 dollars an hour and 89% of Costco employees are eligible for benefits.
    13