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Tempting Profits Facts to Learn Today

Following is our collection of super amazing and curious facts and details explaining Profits. This list is intended for research in school, for college students or just to feed your brain with. Possible use cases are in quizzes, differences, homework facts legend, cover facts, and many more. But nevertheless learn why is Profits so important!

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Top 10 Profits facts that will blow your mind.

  1. Volvo opened up the patent for three-point seatbelt cause "it had more value as a free life saving tool than something to profit from"

  2. Because American textbooks are sold at a lower price in Thailand, somebody was reselling them in the US and making enough of a profit to get sued by the publishers, the Supreme Court ultimately ruled against the publishers because the "first sale" doctrine applies everywhere, not just the US

  3. Hugh Jackman started his own coffee brand and foundation called "Laughing Man" after meeting a struggling coffee farmer in Ethiopia. His goal was to provide a marketplace for farmers in developing countries to sell their goods for a fair price. Jackman donates 100% of profits.

  4. The British Rock band Radiohead released their album "In Rainbows" under a pay what you want pricing strategy where customers could even download all their songs for free. In spite of the free option, many customers paid and they netted more profits because of this marketing strategy

  5. Edmond Albius. As a 12 year old slave boy in 1841, he invented the technique for pollinating vanilla orchids profitably. Without this technique, it’s unlikely that vanilla would be nearly as well known as it is today.

  6. The NFL split $7.24 billion in revenue with 32 teams last season, and the one reason we know that is because the Green Bay Packers put out an annual financial report. They are the only non-profit team.

  7. Kevin Smith announced he will donate all his dividends from Weinstein-Made films to the non-profit 'Women In Film'

  8. Harvard makes so much money from the interest on its endowment that even if the school gave free tuition to all of its students it would still make a profit

  9. Upton Sinclair's novel "The Jungle" was never about the meatpacking industry. Sinclair intended it as a "breaking of human hearts by a system which exploits the labor of men and women for profit".

  10. George Lucas thought Steven Spielberg's "Close Encounters of the Third Kind" would out perform Star Wars so he proposed they trade 2.5% of the profit on each other's films; Spielberg took the trade, and still receives 2.5% of the profits from Star Wars.

Data charts defining Profits

Profits figures with statistics charts presented as infographic.

profits fact data chart about Who's winning and who's losing in the travel industry and ho
Who's winning and who's losing in the travel industry and how much profit are they making per minute?

profits fact data chart about Breaking down how McDonald's makes almost $6bn of profit a y
Breaking down how McDonald's makes almost $6bn of profit a year

Funny profits details

Interesting definitions that can be fact checked.

Chance The Rapper donated over $2 million to Chicago Public Schools. Working with 20 principals and his non-profit SocialWorks, he helped the schools gain $100,000 over 3 years, and selected the schools based on budgetary and individual needs.

Newman's Own, founded in 1982 by the now late actor Paul Newman, donates 100% of post-tax profits to charity. In total, the food brand has donated over $450 Million to charity, including several children's organizations.

The movie Crocodile Dundee's character was loosely based on a man called Rod Ansell, who was lost in the outback for 56 days, sued Paul Hogan for not profiting from the film, lost his property, started growing weed, got hooked on meth and ended up dying in a drug fuelled police shootout.

The Better Business Bureau is not run by the government, but is a non-profit company that made 200 million USD in 2013.

Christopher Nolan planted 500 acres of cornfields just for 'Interstellar' to save money and even made profit by selling produced corn.

In 2014, to protest Black Friday, Cards against Humanity only sold boxes labeled "Bullshit" to Black Friday shoppers for 6 dollars each. The boxes contained actual bull feces and some dug through it looking for a new card but found nothing but feces. The profits were donated to charity.

For each new film, a movie is set up as its own corporation, the entire point of which is to lose money. This is so actors, writers, and other individuals who are promised a share of the profits actually earn nothing since the movie, as a corporation, technically lost money.

In 1919, Ford wanted to use extra profits to raise employee wages and employ more people. Dodge sued them, saying a corporation's only responsibility is to increase shareholder value. This set the precedent for current US corporate law.

Ocean Spray Cranberry Cocktail comes from cooperatively owned cranberry farms where 100% of product profits are returned to farmers.

The wounded warrior project only gives 60% of their profits back, compared to their counter parts who donate 90%+

Some of the profits from The Dark Side of the Moon, considered one of the greatest rock albums of all time, were invested in the making of Monty Python and the Holy Grail, considered one of the greatest comedy movies of all time.

During the middle Ages saffron was so expensive some traders would try to increase their profits by bulking up the herb with yellow marigold petals. When authorities in Nuremberg, where the herb was mainly traded, found out about these tainted parcels of saffron, the traders were burned alive.

The production company behind Shark Tank used to require contestants to give them 5% equity or 2% of the profits from their companies in exchange for appearing on the show. Mark Cuban threatened to quit over this rule, so producers got rid of it.

Kodak discovered the US was testing atomic weapons due to problems appearing on their consumer film. Kodak was worried about their product and profits ultimately striking a deal with the US Government in order to get schedules and maps of future tests in exchange for Kodak's silence.

Stan Lee, had a contract awarding him 10% of the net profits of anything based on his characters. The film Spider-Man (2002) made more than $800 million, but the producers claim that it did not make any profit as defined in Lee's contract

Mars, Inc. refused to let Universal use its M&M products for the 1982 movie "E.T." because they found the E.T. character to be terrifying and ugly. Hershey agree to have Reese’s Pieces be used in the film, which boosted company profits by an incredible 65% during the film's release.

27-yr-old grad student, Alexandra Elbakyan, put 50 million stolen research articles online for free. Her reason?...Worldwide liberation of knowledge from the tyranny of for-profit publishers. Many academics and longtime advocates for open scholarly research seemed to support her ideology.

No symphony orchestra can ever make a profit on its own, even if it sold out tickets at every show. This is mainly because the show consists of 40-100 fully salaried members who only perform the same piece 2 or 3 times. Most orchestras rely heavily on donators to be profitable.

Iqbal Masih, a 10 yo kid who was sold into bondage, escaped the shackles of bonded labour , freed over 3000 children who were trapped bonded labour and was responsible for bringing about significant losses to the carpet weaving industry profiteering off bonded labour.

The TI-84/83 calculators have comparably higher profit margins than apple due to their monopoly on the school system

An Italian banker, Gilberto Baschiera is considered a modern-day Robin Hood. Over the course of 7 years, he secretly diverted 1 million euros to poorer clients from the wealthy ones so they could qualify for loans. He made no profit and avoided jail in 2018 due to a plea bargain.

After being faced with budget problems during the filming of Titanic, James Cameron offered to give up his share of future profits but the studio didn't accept his offer as they believed it was an empty gesture because the film would have no profit

The Shakopee Mdewakanton Tribe is the richest Native American Tribe, with each member being paid $1 million per year from casino profits. And there is a voluntary 99.2 percent unemployment rate within the tribe.

George Foreman was originally paid 40% of the profits for endorsing the George Foreman Grill. At the peak of the grill's sales, he was making 4.5 million dollars a month.

The Oregon Trail game was created by 3 teachers on a teletype, which became the biggest educational game in history, yet none of the three creators saw a dime in its millions of dollars in profits.

Profits infographics

profits fact infographic about The profit (or losses) a prediction method would've yielded
The profit (or losses) a prediction method would've yielded had I gone with it

profits fact infographic about We share all of our company revenue, profits & expenses LIVE
We share all of our company revenue, profits & expenses LIVE on our website