George Lucas Gives Up Rights To Star Wars Merch
In 2013, Disney bought the rights to the Star Wars franchise for $4 billion. This means George Lucas gave up the movies and the rights to the Star Wars merchandise. The merch alone has turned over a $3 billion revenue. It is widely known that the notorious filmmaker didn’t profit from selling his incredibly popular franchise. He gave all of the money to a foundation that focuses on educating underprivileged children.
Tokyo Stock Exchange Typo
In 2005, a Mizuho Securities trader accidentally added an extra comma and cost the businesses several hundred millions of dollars. The person ended up selling 610,000 shares for one yen each when he should have sold only one share for at 610,000 yen. By the time they noticed the mistake, it was too late. There was a full-blown investigation launched soon after the incident as the mistake was really embarrassing for everybody involved. “In order to maintain the credibility of the Tokyo stock exchange, I very strongly want this issue to be resolved quickly,” Kaoru Yosano, Japan’s economic director at the time, said.