Arthur Andersen

The $40K HBO employee charging $250K per website in 1995

American Express paid Arthur Andersen millions for a website, who subcontracted to a software firm, who hired Altucher because nobody knew how to build websites in 1995. He and his brother-in-law collected $250K to build americanexpress.com while his HBO salary was $40K/year.

“And then suddenly they'd pay me and my brother-in-law, uh, $250,000 to make americanexpress.com. So That was one of our first websites. And I, my salary at HBO at the time was $40,000 a year.”