Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Henry Ford, father of the Automobile, is also father of the charcoal briquette.
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    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
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    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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    Oil tycoon, John D. Rockefeller, was the world's first billionaire.
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    7-11 sells 10,000 pots of coffee an hour, every hour, every day.
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    Warner Chappel Music owns the copyright to the song 'Happy Birthday'. They make over $1 million in royalties every year from the commercial use of the song.
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    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.
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