Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Blockbuster laughed at a Netflix partnership proposal in 2000.
    20
    Steve Jobs' annual salary was $1, just enough to keep company health benefits.
    73
    Colgate's first toothpaste came in a jar.
    172
    Programmer Outsourced Job to China So He Could Surf Reddit and Watch Cat Videos
    A man secretly outsourced his programming job to China. He filled his work day watching cat videos, surfing Reddit and Facebook. Before being caught and fired, he made hundreds of thousands.
    20
    John Mackey (Whole Foods CEO)
    John Mackey (Whole Foods CEO)
    In 2006, the CEO of Whole Foods reduced his salary to $1 a year, donated his entire portfolio to charity, and set up a $100,000 fund for staff facing personal problems.
    47
    The co-founder and CEO of SnapChat, 23-year-old Evan Spiegel, turned down an offer of $3 billion from Facebook and then a $4 billion bid from Google.
    7
    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
    Oil tycoon, John D. Rockefeller, was the world's first billionaire.
    51