Archive for June 2013
INTERESTING BUSINESS FACTS....
|
- 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.
- The creator of the NIKE Swoosh symbol was paid only $35 for the design.
- It takes six months to build a Rolls Royce and 13 hours to build a Toyota.
- Henry Ford produced the model T only in black because the black paint available at the time was the fastest to dry.
5 Longest Serving CEO's in the World
1. Roger Penske
CEO: Penske Corporation
Time: 42 years
Penske, the chairman and
CEO of Penske Corporation is considered to be the only CEO who has served the
company for 42 years.
After his retirement as
a racing driver, he started concentrating on car dealerships which lead to the
birth of Penske Corporation which is an automobile company which deals with
truck rentals, engine manufacturing, and others.
2. Warren Buffett
CEO: Berkshire Hathaway
Time: 40 years
Warren buffet is the
present chairman and CEO of Berkshire Hathaway. This legendry investor took
control of the company in 1970.
Warren Buffett started
working at Berkshire Hathaway as an investment salesman in 1951, his
incomparable contributions to the company has made him as the primary investor
and CEO of the company. Warren buffet has served the company for 40 years and
is considered as the most wealthiest and influential people in the world.
3. Bill Marriott
CEO: Marriott
International
Time: 39 years
Bill Marriott is the son
of J Willard Marriott who started a company that manufactures root beer which
was named as 'The Hot Shoppe'. Later the company expanded its business into
restaurants and hotels.
4. Larry Ellison
CEO: Oracle
Time: 34 years
Ellison is an American
business magnate who is the founder and CEO of Oracle. He initially worked on
few projects at Ampex Corporation which he named it as “oracle”.
After gaining experience
he left the company and started working on his own projects and when he became
financially stable he established his own company which he named it as
“oracle”.
5. Rupert Murdoch
CEO: News Corporation
Time: 32 years
Rupert Murdoch is an
American media mogul who started buying news organizations in U.K. and then
went to U.S. to expand his business in 1970s. He is the founder and CEO of News
Corporation which has been considered as the second largest media firm.
image:google images
image:google images