Biography
Zebediah Stane was a degenerate gambler who lived with young Obadiah. One day (sometime after Obadiah's mother died of unknown reasons), Zebediah considered himself on a "lucky streak"; played a game of Russian roulette and shot himself in the head right in front of young Obadiah. This trauma caused Obadiah to lose all of his blond hair and go bald and shaped him for years to come. From there on, Obadiah Stane was a ruthless manipulator who studies his adversaries to find weaknesses to exploit.
After being defeated, Obadiah Stane tells Iron Man that he believed that Zebediah Stane (his father) saw the world as his opponent and lost, then committed suicide (via his repulustor from his hand) in a similar way to Zebediah's gunshot to his head.
When Iron Man (after personally meeting Ezekiel Stane) remembers his past experience with Obadiah Stane, one of the things Iron Man pointed out was that Zebediah (a degenerate gambler and (as Iron Man saw it) a mean drunk) accidentally killed himself in front of Obadiah.
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