Fact Centric - Rolex watch company is run by a non profit charity trust and they donate 90% of their profit to them. Because the founder was an orphan. #factcentric | Facebook
Anonymous University - Rolex SA is owned by the private Hans Wilsdorf Foundation, which is registered as a charity and does not pay corporate income taxes.. So basically, Rolex pays their employees
![TIL that Rolex is owned by a non-profit trust which gives Nobel type cash awards for worthy innovative business ideas. : r/todayilearned TIL that Rolex is owned by a non-profit trust which gives Nobel type cash awards for worthy innovative business ideas. : r/todayilearned](https://external-preview.redd.it/lDoLv6XKbsw9pgyS-0KHOUWL_aTAZ2ZEm5FAWmul9tM.jpg?auto=webp&s=319c800340bf66ef8262d382dd8a8369f1eab6f7)