Check Out Some Of The Most Expensive Mistakes In The World History - IamBSY Blog

Saturday, July 21, 2018

Check Out Some Of The Most Expensive Mistakes In The World History

Anyone can make mistakes and then the mistakes make them pay. Sometimes the mistakes take a huge toll on the people. Today, we have brought you some of the most Expensive mistakes in the world history that changed everything. Let us take a look at them.

1. NASA’s Mars Climate Orbiter



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NASA designed a satellite named Mars Climate Orbiter. They forgot to convert the measurement units from pounds to Newton and in the satellite ended up getting destroyed in Martian atmosphere without providing any data.

2. Elon Musk Vs Netscape Navigator



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Before getting success, Elon Musk approached Netscape Navigator which was a market leader at that time. However, Elon and his ideas were rejected and now they must be regretting it.

3. Ronald Wayne’s Apple Share Sellout



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Back in 1976 when Apple was heading towards bankruptcy, Ronald Wayne, one of the founders sold his 10$ of his shares in just $800. No doubt, he ended up making one of the most expensive mistakes.

4. The Partition Of India And Pakistan



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Just after the independence, India and Pakistan were divided. The countries shared bad blood with each other and had two wars over Kashmir. This mistake has taken a huge toll from both of the countries.

5. ET And Reese’s



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In the movie ET, it is shown that the alien loves Reese candies. As a result of that, the sale of Reese’s candies rose up to 65%.

6. When Janjira Became No Man’s Land



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The history of Janjira fort of Maharashtra is full of deception and infidelity. For a long time, there was no ruler or any other human inside the fort.

7. Heathrow Terminal 5 Opening



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Heathrow airport is the busiest airport in the world. Everything goes according to the plan. However, back in 2008 on the occasion of the opening of the terminal, a new automated system failed and the passengers have to wait for hours to find their luggage. The airport turned into chaos.

8. 61,000 Shares For 1 Yen



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A Japanese trading company name Mizuho Securities decided to sell one share at ¥610,000 each. A stockbroker put the value 610,000 shares for ¥1 each. By the time they realized the mistake, they had already suffered the loss of $225M.

9. The Sinking Of The Titanic



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It is said that Jack Phillips, the senior radio operator did not pass a clear warning to the ship’s captain. And this led to the sinking of the unsinkable Titanic.

10. Alaska Sold Out



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Back in 1867, Russia sold out Alaska to the USA for 7.2 Million dollars. Now, Alaska is a treasure trove and got natural resources that worth billions of dollars.

11. Purulia Arms Drop Case



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The Purulia arms drop case is the legal case regarding an incident on 17 December 1995 in which unauthorized arms were dropped from an Antonov An-26 aircraft in Purulia district in the state of West Bengal in India. The chief accused “Kim Davy” (Niels Holck, alias Niels Christian Nielsen) claims that it was a conspiracy of the Congress Indian government together with RAW and MI5 to overthrow the communist government in West Bengal.

12. The Morris Worm



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During his study at Cornell University, Robert Morris wrote an internet worm that caused havoc in the cyber world. The worm could cause data and information breach so it had to be taken down early. They spent millions of dollars just to deal with the worm.

13. The Unclaimed Jackpot Of  £116 Million



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This one is one of the most expensive mistakes. A man won the jackpot but, his wife was cleaning his messy stuff and threw away the lottery ticket.

14. Muhammad Ghori Vs Prithviraj Chauhan



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It is an old saying that “A warrior must finish his enemy in the battlefield”. Well, Prithviraj Chauhan has Muhammad Ghori cornered in the first battle of Tarain in 1191 AD. However, he let him live. As results, Ghori got back up next time and emerged victorious over Prithviraj in the next battle of Tarain. But, Ghori did not let Chauhan live, he killed him.

15. Bitcoins Worth Millions Trashed



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The cryptocurrency, Bitcoin was introduced in 2009, an Englishman named James Howell collected 7500 of the currency. And by the time value of Bitcoin reached its peak in 2013, James has dumped the hard drive where the Bitcoins were stored.
What do you say about these Expensive mistakes? What mistake did you make that cost you the highest amount? Share in the comments.