Thanks to James Dyson, everyone can eliminate the monthly expense of purchasing replacement bags for their vacuum cleaners. The man behind Amazon is Jeff Bezos, currently worth $139.2 billion. Name one thing – anything at all – and Amazon probably has it for sale. The online store remains Amazon’s most well-known business, but books make up only a small part of the store’s entire catalogue. It grew so fast that it has become a leader not only in the Internet industry but also taking up a major portion of the information technology paradigm with its computer tablet, cloud storage, and streaming services.
Amazon by Jeff BezosĪmazon was just a small online book store but is now the biggest giant of them all. Zuckerberg’s net worth is $76.7 billion as of June 2018. In 2017 alone, Facebook’s net income was just a little less than $16 billion. Used by more than 2 billion people all around the world, Facebook also earns a good portion of its revenue from displaying ads. His brainchild is Facebook, the social media website that has redefined the way people communicate and interact in day-to-day social life, politics, and business. Still on the subject of Internet-based inventions, Mark Zuckerberg well deserves to be mentioned in this list. In 1969, the company was sold along with its US and foreign patents, licensing agreements, and trademarks to Maryland Cup Corporation. By solving his daughter’s milkshake dilemma, he became a millionaire. Friedman patented the idea in 1937 and founded the Flex-Straw Company in 1939. When the screw was removed, the straw had prominent corrugation on it, which could bend conveniently without restricting the liquid flow inside. He realized that she was struggling to drink her milkshake from a regular straw because it was positioned too high for her to comfortably reach from the chair she sat on.įriedman, already known as an inventor at that time, inserted a screw into the straw and wrapped a dental floss around it following the screw threads. On one regular day in the 1930s, Joseph Friedman took his daughter to the Varsity Sweet Shop in San Francisco. If the Smithsonian Magazine website tells you to appreciate an invention, you’d better believe the invention is arguably extraordinary, and the flexible straw is no exception. In the process, he has accumulated millions of dollars. Since the conceptualization of this very idea in 2001, he has sent more than 500,000 letters to children all around the world. The idea was so simple and borderline fraudulent: have a portal address in the North Pole, claim to be Santa Claus, and charge every parent $10 for every letter sent to their children. Mattel currently owns the right to the Magic 8-ball and sells about a million units of it every year as of 2012. To make things more interesting, the company changed its rather boring crystal-ball into a billiard ball.
THEY ARE BILLIONS TRAINER NOVEMBER 2018 SERIES
Inspired by his mother, Carter was determined to create fortune-telling equipment as well, and so he did.įollowing a series of ideas and developments, the round-shaped device (it is just a toy, really) was used by Chicago’s Brunswick Billiards as a promotional item. Magic 8 Ball by Albert Carter and Abe BrookmanĪlbert Carter’s mother was a self-proclaimed clairvoyant in Cincinnati and used a device of her own invention to help people find answers to their questions.
Parents freaked out and the craze ended.ġ4. Popularity faded out after reports of injuries due to low-quality sharp-edged steel used in one of the shoddy imitations. By 1990, Main Street Toy Company estimated that between 10 million to 15 million cheap knockoffs had been sold too. For teenagers, the patterns and colors meant you could match it fashionably with any outfit.
For kids, it was a great simple toy that gave a satisfying slap on the wrist anytime they wore it. Each bracelet had two faces for reversibility. The Slap Wraps were stainless steel bi-stable spring bands covered in fabric, plastic, or silicone of various patterns and colors. They were sold for about $1.30 wholesale or around $2.50 retail. Sold by Main Street Toy Company, orders were pouring in, totaling five million units of Slap Wraps in 1990. Invented in 1983 by Stuart Anders, a high school shop teacher from Wisconsin, the Slap Wraps were a major commodity in the United States during the late eighties to early nineties.
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