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Be Amazed

Most Expensive Mistakes In History - Part 5

Be Amazed

Be Amazed

Science, Society & Culture, Documentary, History, Leisure

4.81.1K Ratings

🗓️ 23 June 2026

⏱️ 24 minutes

🧾️ Download transcript

Summary

We all make mistakes: some are small, some are big, and some are bigger… much, much bigger. And the bigger these mistakes are, the bigger the price tag that’s usually attached to them. From minor mistakes leading to million dollar losses, to corporate incompetence that’s bankrupted businesses, it’s time to explore more of the most expensive mistakes in history!



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Transcript

Click on a timestamp to play from that location

0:00.0

We all make mistakes.

0:01.9

Some are small, some are big, and some are bigger, much, much bigger.

0:07.6

And the bigger these mistakes are, the bigger the price tag that's usually attached to them.

0:13.1

From minor mistakes leading to million-dollar losses to corporate incompetence that's bankrupted businesses,

0:18.9

it's time to explore more of the most expensive mistakes

0:22.8

in history. Remember 2020? Yeah, the COVID-19 pandemic put a lot of livelihoods at risk. Bills, rose, groceries skyrocketed, rents with them. Getting by was hard.

0:49.0

The rich folks had it fairly easy, though, which is what makes this story from 2020 kind of satisfying.

0:56.1

In March of that year, a gargantuan, 230-foot super yacht called the Nora of Riyadh was docked

1:04.2

in a harbor in Greece. With 11 luxury cabins, a cinema, a jacuzzi, and room enough for up to 18

1:10.6

guests and 16 staff, this cinema, a jacuzzi, and room enough for up to 18 guests and 16 staff,

1:12.6

this boat is a real beast.

1:15.6

But like all big boats, it needed some routine maintenance, and so it was hauled out of the water.

1:21.6

However, the crew in charge of mounting the boat properly failed to secure it,

1:25.6

and as they were hauling it out of the water,

1:28.1

it began listing Starboard. That means right, in boat speak, and capsized. Now, if you're

1:34.6

anything like me, a boat being tipped on the side might not look that bad, but when you learn

1:39.1

that this boat was worth some $70 million, you might begin to feel as seasick as I do.

1:46.2

The boat was eventually refloated and towed to another dock for inspection, but all of the manpower

1:51.6

involved most certainly didn't come cheap.

1:55.5

Minor cases of negligence don't often have huge impacts, but as Montana Rail Link learned

2:00.3

back on July 3, 2014, sometimes

2:03.0

they really do.

...

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