As an entrepreneur, Alan John “A.J.” Hackett is known for jumping into daring ventures with both feet – literally. After designing an elastic cord, he performed his first bungy jump in Auckland in 1986. Two years later, he founded the world’s first bungy jumping company, AJ Hackett Bungy, in Queenstown at the Kawarau Gorge Suspension Bridge. The 1880 bridge spans the Kawarau River at a vertigo-inducing height of 141 feet.