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Top 5 Business Guinnewss World Records
Richest person:
John D. Rockefeller's wealth was estimated at about $900million in 1913, equivalent to $189.6billion (£114.39 billion) in today's terms
Greatest dispute regarding corporate tax:
The largest tax dispute in history was settled between the US Internal Revenue Service (IRS) and GlaxoSmithKline on September 11, 2006. The pharmaceutical giant agreed to pay $3.1billion (£1.6billion) in taxes and interest payments after tax accounts going back 16 years were disputed by the IRS
Highest paid advertising executive:
Sir Martin Sorrell, the head of the advertising company WPP, which also owns the advertising industry giant J. Walter Thompson and Ogilvy & Mather, is the world's highest-paid advertising executive with a salary of £17.1million in the year ending July 2006. Sir Martin's company generated revenues of over £4billion in the same period.
Largest single e-commerce transaction:
Mark Cuban, the American internet tycoon from Dallas, Texas, bought a Gulfstream V business jet over the internet in October 1999. The jet changed hands for $40million (£25million)
Most expensive internet address domain name:
The internet domain name business.com was sold by the Texan entrepreneur Marc Ostrofsky on December 1, 1999, for £4.6million ($7.5million)
Richest person:
John D. Rockefeller's wealth was estimated at about $900million in 1913, equivalent to $189.6billion (£114.39 billion) in today's terms
Greatest dispute regarding corporate tax:
The largest tax dispute in history was settled between the US Internal Revenue Service (IRS) and GlaxoSmithKline on September 11, 2006. The pharmaceutical giant agreed to pay $3.1billion (£1.6billion) in taxes and interest payments after tax accounts going back 16 years were disputed by the IRS
Highest paid advertising executive:
Sir Martin Sorrell, the head of the advertising company WPP, which also owns the advertising industry giant J. Walter Thompson and Ogilvy & Mather, is the world's highest-paid advertising executive with a salary of £17.1million in the year ending July 2006. Sir Martin's company generated revenues of over £4billion in the same period.
Largest single e-commerce transaction:
Mark Cuban, the American internet tycoon from Dallas, Texas, bought a Gulfstream V business jet over the internet in October 1999. The jet changed hands for $40million (£25million)
Most expensive internet address domain name:
The internet domain name business.com was sold by the Texan entrepreneur Marc Ostrofsky on December 1, 1999, for £4.6million ($7.5million)
