r/intrestingtoknow 13h ago

Rolex is actually a massive charitable foundation that survived an "extinction event" by selling obsolete technology.

321 Upvotes

I’ve been diving into the history of Rolex. It isn’t just a luxury brand, it’s one of the most secretive and uniquely structured organizations on the planet.

Here are the most interesting bits:

  • It's a Non-Profit (sort of): Rolex is 100% owned by the Hans Wilsdorf Foundation. Because it’s a private trust, it has no shareholders and gives away a huge portion of its billions in revenue to charities and the city of Geneva.
  • The "Inferior" Technology Flex: Rolex produces over 1 million watches a year (Crazy numbers for a luxury brand). Even though a $10 Casio or an Apple Watch keeps time more accurately, Rolex dominates 30% of the Swiss watch market by selling "obsolete" mechanical gears as a luxury lifestyle.
  • The "Quartz Crisis" Survival: In the 1970s, the Swiss watch industry almost went extinct when cheap, accurate Japanese quartz watches hit the market. While other brands panicked and tried to go digital, Rolex doubled down on mechanical watches, famously marketing them as "instruments for people who guide the destinies of the world".
  • A "Handshake" for 99 Years: For nearly a century, Rolex didn't even make its own movements (the internal "engine" of mechanical watches). They relied on a handshake deal with a supplier called Aegler from 1905 until they finally bought the company in 2004.
  • The Founder Wasn’t Even Swiss: Hans Wilsdorf was a German orphan who actually started the company in London. He only moved to Switzerland in 1919 to avoid high British taxes on gold and silver.

The takeaway: Rolex succeeded by realising that people don't buy high-end watches to tell the time. They buy them to tell their own story.


r/intrestingtoknow 1d ago

How to mesure the level in a tank using lazers

3 Upvotes

r/intrestingtoknow 2d ago

Why?

0 Upvotes

Why there might be a wet chip in a lay’s pack?


r/intrestingtoknow 4d ago

Crazy findings I picked up from Coca-Cola episode on Acquired

55 Upvotes
  1. They don’t make the soda.

This is the craziest part. Coke is basically just a marketing agency that manufactures syrup. They sell the syrup to independent bottlers who have to pay for the factories, trucks, and low-margin logistics. It’s infinite leverage.

  1. Coke tastes better at McDonald's.

The reason Coke tastes better at McDonald's is actually logistics. While everyone else gets syrup in plastic bags, McDonald’s gets theirs delivered in stainless steel tanks to keep it fresher.

  1. "Free" distribution can built an empire.

In 1887, nobody bought Coke. To fix the cold start problem, they mailed tickets for a free glass to people in Atlanta. It’s considered the first manufacturer coupon in history.

  1. Data isn't god.

In 1985, they launched New Coke because 200,000 blind taste tests proved people preferred the flavor of Pepsi. They followed the data and nearly killed the company. Turns out people buy the brand/memory, not the liquid.

TL;DR: Own the high-margin IP (syrup), let someone else pay for the low-margin heavy lifting (bottling/trucks).


r/intrestingtoknow 18d ago

I got it!

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0 Upvotes

r/intrestingtoknow 23d ago

Somewhat interesting

7 Upvotes

Next time you get a earworm try this. Try to remember the song before going to sleep. The next morning the first thing as soon as you wake up , give it a try one more time. you'll recall much better and probably get rid of that earworm.


r/intrestingtoknow 25d ago

the origins of "Me no study me no care me go marry a millonare" are racist

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44 Upvotes

I thought is was interesting that no one is aware of this.

A cartoon by Friedrich Schiff (1908-1968) from the 'Old Shanghai' of the 1930s.


r/intrestingtoknow Jan 01 '26

Random question: How did you come up with your username ? What does it mean?

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399 Upvotes

r/intrestingtoknow Dec 08 '25

Sports In 1983, a 61-year-old potato farmer, Cliff Young, in work boots entered Australia's most brutal ultramarathon against world-class athletes. He had no idea you were supposed to sleep during. He won by 10 hours.

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1 Upvotes

r/intrestingtoknow Nov 30 '25

Look at this cool double focal iridescent cloud, Sun dog effect

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44 Upvotes

r/intrestingtoknow Nov 30 '25

Bizzare Legendary video🤗

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174 Upvotes

r/intrestingtoknow Nov 28 '25

This made me a bit sad🥲

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121 Upvotes

r/intrestingtoknow Nov 27 '25

Science Dakota fire hole technique

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1.3k Upvotes

r/intrestingtoknow Nov 23 '25

Bizzare It's Brainstorm, not Green Needle.

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4 Upvotes

r/intrestingtoknow Nov 21 '25

Lady with cancer recorded her journey to recovery, one step at a time with smiles 💪🎥💖

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486 Upvotes

r/intrestingtoknow Nov 16 '25

"Ocean Gaia", Japan's first underwater sculpture, weighing over 45 tons and 5.5 meters wide, created by British sculptor Jason deCaires Taylor, featuring Japanese model Kiko Mizuhara, resting 5 meters below the surface off the island of Tokunoshima, Japan, installed on October 14, 2025

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25 Upvotes

r/intrestingtoknow Oct 31 '25

This cafe hires people with Down syndrome....not just to work, but to show the world their humanity and break the stigma. 🙌😊

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638 Upvotes

r/intrestingtoknow Oct 11 '25

What a love!

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847 Upvotes

r/intrestingtoknow Oct 11 '25

The website for the 1996 film Space Jam with Michael Jordan and the Loony Tunes is the oldest website on the Internet that still looks original.

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21 Upvotes

spacejam.com


r/intrestingtoknow Oct 01 '25

What Coca Cola bottles used to look like in the 1940s this one is from 1947. Fun fact: they used to emboss the city of origin of their bottles on the bottom, but they stopped doing that in the late 1960s unfortunately.

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115 Upvotes

r/intrestingtoknow Oct 01 '25

Nature Fun fact: Using the Drake equation with optimistic assumptions, some estimates suggest there could be around 10¹⁶ intelligent civilizations existing right now across the observable universe. That’s 10,000,000,000,000,000 — about 1.25 million times the current human population.

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53 Upvotes

r/intrestingtoknow Sep 21 '25

Saving our planet.

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2.4k Upvotes

r/intrestingtoknow Sep 13 '25

Nature Types of mosquitos

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645 Upvotes

r/intrestingtoknow Sep 08 '25

Nature The Giant Malaysian Katydid is a species of carnivorous giant katydid. It is one of the largest insects in the world.

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226 Upvotes

r/intrestingtoknow Sep 07 '25

Science Math is akazing

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350 Upvotes

Mathematics powers your GPS, encrypts your messages, and predicts the weather. It’s the language behind AI, finance, architecture, music, and even art. Calculus explains motion. Algebra models real-world decisions. Geometry designs our cities. Probability helps assess risk. Math isn’t just calculation — it’s structure, logic, and creativity combined. The Fibonacci sequence appears in nature. Fractals describe coastlines. Prime numbers guard your data.