Journey With Myself Promotion : Promote to win a top level domains + Hosting!

This is a promotional giveaway where you could win the following prizes: Top Level Domains [Like *.com *.org *.in etc] Premium hosting for 1 year Many domains This promotion will run from Sunday, 12th October’ 2011 to 31st October’ 2011 00:00 hours (mid-night). Result of the promotion will be announced on within a week and prizes will be distributed to all the winners in the next 3 weeks’ time.

Every Day is A New Day

New day.. New office location.. New Seat.. So many new things happened to me before this new year comes. Newness always brings enthusiasm and excitement. Hope this New Year also comes with hand full of surprises as Every Day is a New Day indeed..!!!

12 Most Famous Love Stories of All Time

When: 31 BC Where: Rome and Egypt What’s So Special about Their Love: These two had a love so strong, war was waged against them to break them up. When Mark Antony left his wife, Octavia, for the mesmerizing Cleopatra, Octavia’s brother Octavian brought the army of Rome to destroy them. These two lovers were so entranced with each other that they committed suicide rather than be apart- the ultimate Romeo and Juliet true love story.

Mahatma`s Teachings

I like both the movies MunnaBhai MBBS and Lage Raho MunnaBhai. I dont know about the Gandhi`s political decisions but I believe in his teachings to the nation.

Universal Truth about Boys............lolz!!

Now i truly admit, Google is very very very smart......

Showing posts with label billionaires. Show all posts
Showing posts with label billionaires. Show all posts

Monday, April 2, 2012

How Billionaire`s Wives spend money

India’s super-rich billionaires have buckets of money although they spend most of it into business. But have you ever wondered what their better half’s spending habits are? Is it only shopping or fascination of luxurious accessories? Or they like to reinvest their money to make more profit out of it? Let’s have a look at their lifestyles.

1. Nita Ambani

Nita Ambani, daughter of senior Birla executive, is often called as the “Empress of India”. She is married to the Reliance Industry’s Chairman and MD, Mukesh Ambani, who is the richest man in the country with an estimated wealth of $22.3 billion. Her husband might have built one of the world’s most expensive houses but she is typical Gujju bargain-hunting wife who love to get hold of the best piece at the best rate.

For her high rise home Antilla, she wanted a crockery set of 25,000 pieces of chinaware. This crockery set was from a 106 years old Japanese brand ‘Noritake’, whose crockery is 22 carat gold/platinum-trimmed porcelain. Surprisingly she didn’t buy it from the Mumbai showroom rather she flew to Sri Lanka to get her piece as the price was 70-80 percent less in Sri Lanka than Mumbai.

2. Tina Ambani

Tina Ambani is married to the seventh richest man in the country, Anil Ambani, who has an estimated wealth of $7.8 billion. She is a shy person, and doesn’t like to disclose her spending habits or her purchases. In a chat with ET, she once said, “I'm a very shy person. Please don't make this interview about me”. She has her own “Harmony Art Foundation”, where she hosts many art shows. She generally peeps out only during her art shows.

She is mostly busy with her Harmony art show, Kokilaben Dhirubhai Ambani Hospital and Research InstituteAs quoted by ET, she says, “I want to speak about the art show and my work, but the press seems more interested in my clothes and jewellery”. She buys pieces of upcoming artists to encourage them. She bought a 100-m long yacht worth nearly 200 crore, which can host 20 people apart from the crew. She is also a member of 161 year old Royal Bombay Yacht Club (RBYC) in Mumbai.

3. Savitri Jindal           

Savitri Jindal is a Industrialist who is also the fifth richest woman in the country with a net worth of $13.2 billion. She is also referred as “Indian Steel Baroness”. She overtook O. P. Jindal Group as Non Executive CEO, after her husband, Om Prakash died in helicopter crash in 2005.

She is a businesswoman but a very down to earth person. She doesn’t boast a luxurious life and she spends sparingly. She believes in reinvesting her money to make profit by buying or investing in stocks and shares.

4. Melinda Gates

Melinda French Gates is an American businesswoman and wife of Bill Gates, who is the world’s second wealthiest man with a net worth of $61.3 billion. She is the co-founder and co-chair of her foundation called “Bill & Melinda Gates Foundation”. This initiative makes her out of the list and the only reason is ‘Its Selfless’. In 1999, she along with her husband donated $5 billion of their personal wealth to this foundation.

The primary aim of this foundation is to enhance healthcare and reduce extreme poverty globally. This foundation is controlled by three trustees primarily – Bill Gates, Melinda Gates and Warren Buffet. This foundation mainly has three wings under it namely – Global Health, Global Development and United States Program.

5. Gauri Khan

Guari Khan is a film producer and wife of Sharukh khan aka the ‘King Khan’ of Bollywood. She is also the co-founder of ‘Red Chillies Entertainment’, a film production house. Though she is a celebrity’s wife but like to keep a low profile. She is considered as one of the most stylish women in Bollywood. Priya Tanna, Editor of Vogue India says, “That she is stylish, enigmatic, and poised is known, but at the shoot we saw another side of her. Even in the frames she shares with Shah Rukh, she holds her own impressively”, as quoted by Wikipedia.

By profession she is a Fashion Designer and also an interior designer by passion. She bought a house worth 20 million pounds in London and wanted Subodh Gupta to design it for her. She said to NDTV, “When I saw Subhodh's art for the first time it was still coming out and it was very close to my heart… I have just done up my place and in fact we invited him to our place. I wanted to show him our place because I thought if he gets inspired… he would tell us what would look good and what would work. So he called me and invited me to this exhibition to see what he has done and if I like something”.

Monday, February 27, 2012

Billionaires Kids Who Won't Inherit Wealth from their Parents

You must have thought all the billionaires’ children are very lucky as they can enjoy their parents’ wealth in their lifetime and you might have also wished to have such a posh life by looking up to them. But take that thought out of your mind as you have better examples of billionaire kids who are not going to inherit their parent’s wealth to become rich. Here is the list of billionaires who are not going to inherit their parents wealth in their life.

1. Bill Gates:

William Henry “Bill” Gates is an American business tycoon, investor, philanthropist and author and he is also the former CEO and current Chairman of Microsoft, a software company which he jointly founded with Paul Allen. Bill Gates of his total wealth is considered as one among the richest person in the world. He plans to give his children only a tiny portion of his total wealth. This statement from him has made his children to find their own way in life though they will be getting a secured share in his wealth for the lifetime.

2. Warren Buffett:

He is an American business magnate, investor and also a philanthropist and he is also widely regarded as one of the successful investors in the world often introduced as ‘Legendary investor, Warren Buffett”, reports the Wikipedia. He is the next person who has asked his three children not to expect much from his wealth as he is not going to leave them much of his property. He has always believed in teaching them values than giving those billions. But the point to be noted here is, his children have already started their own careers and are self sufficient to manage their life.

3. Bernard Marcus:

Bernard is an American pharmacist and retail entrepreneur who was born to a Jewish-Russian immigrant parents in New Jersey. This Chairman of Home Depot joins the list of billionaires who won’t leave much of his property to his children. He believes that if his children want to be rich, they will have to work for it. And because of that reason he plans on leaving most of his Home Depot stock worth to his Marcus foundation which helps for to the handicapped people and for educational purposes of the poor.

4. George Lucas:

Born in the year 1944, this American film producer, screen writer, director and also an entrepreneur is the founder, chairman and chief executive of Lucasfilm. He is considered as the financially successful director and producer of the American film industry. He has promised to give away at least half of his wealth away for the needy not leaving too much for his three kids.  

5. Ted Turner:

Ted Turner, fully known as Robert Edward ‘Ted” Turner 3rd is an American media tycoon and philanthropist. He is the founder of Cable News Network CNN, the 1st 24 hour news channel and also the Chairman of the United Nations Foundation has said that at the time of his death almost all his wealth will go to the charity and if he really gives his billions to the charity then his children will have to work hard to make their way to the top.

Wednesday, January 4, 2012

Ambani Brothers - Billionaires Patch Up

File photo of Anil and Mukesh Ambani

Mukesh Ambani, chairman of Reliance Industries, has set out a new agenda of cooperation with younger brother Anil’s firm and forecast more opportunities for his company in the power sector.

The warring Ambani brothers appear to be on the verge of arriving at a settlement. The reunion may fall short of a merger but will be enough to strengthen the businesses of both brothers, which have suffered in the course of the quarrel.

Mumbai's Dalal Street appears to be getting ready for the good news as Mukesh Ambani, 54, and Anil Ambani, 52, head for the patch-up.

The family split and division of Dhirubhai Ambani's huge business empire has hurt the respective businesses of the two sons and destroyed shareholder wealth.

Backrooms are abuzz with talk of the impending collaboration. Troubled by increasing competition, dwindling stock price and lack of the legendary Ambani clout in the corridors of power, the brothers are seeking a secret settlement to send a strong signal to pump up the markets.

The architect of this bridge, as in June 2005 and subsequently in May 2010, is matriarch Kokilaben Ambani, who has told her sons in no uncertain terms that it is time to collaborate.

The first sign that something positive was afoot came in November 2010 when Anil's Reliance Anil Dhirubhai Ambani Group (ADAG) (revenue Rs.46,000 crore) dropped his name from the master brand, rechristening it Reliance Group.

Satraps across the two groups gradually began to ease up on the ratcheting up of disinformation and misinformation against one another.

The first agreement that is likely to come through will be between Mukesh's Reliance Industries Ltd (RIL) and Anil's Reliance Communications' (RCom) to lease the latter's telecom tower infrastructure to launch RIL's forthcoming broadband and wireless Internet services. India Today learns that the deal will help Anil substantively reduce his huge debt of Rs.33,000 crore.

The Ambani brothers may also combine in the insurance business. Until last week, Mukesh Ambani's RIL was in talks with Sunil Mittal's Bharti Enterprises to buy the latter's stake in Bharti-AXA, a 76-24 joint venture with the French insurance major AXA. That would have pitted Mukesh Ambani against Anil Ambani's Reliance Life Insurance and Reliance General Insurance in a competitive insurance market. The negotiations between RIL and Bharti broke down abruptly after six months.

Both brothers have been troubled by regulator Comptroller and Auditor General of India (CAG) and even investigative agencies lately, affecting their share prices. On November 30, the RIL scrip rose by Rs.13.80 to close at Rs.779, while Anil's flagship RCom was up by Rs.1.20 to close at Rs.74.10.

Their combined wealth now stands at $28.5 billion (Mukesh is worth $22.6 billion and Anil $5.9 billion, according to Forbes India, October 2011), down from the $85 billion in 2008 at the peak of their slugfest over gas allocation, which ended in the Supreme Court with a bitter defeat for Anil.

Last month, the brothers met at the wedding anniversary celebrations of their sister Dipti Salgaocar in Goa.

ICICI Bank's chairman emeritus and longtime confidant of the family, K. V. Kamath, and the bank's chief executive officer (CEO) Chanda Kochhar are reportedly playing mediators.

Hope 2012 see market touching new heights due to this strong billionaires patch up.