Try to develop India, all the rich persons get united & make India a better place to live, special intrest should be given to soccer,can!t u see, a vast populated country, couldn!t make it to th world cup finals, what a shame. Pls talk about sense.
36 indian ranking among the world's richest people has pushed down the rest 999999964 further towards the top of the world's poorest list too. if at all,any such list is ever produced for like marx says history is alays written of the wealthy and non-people. the concept of money growing is an illusion for wealth only accumulates and dosent grow. also we must come out from the illusion that this wealth has been transfered from the capitalist paradise economies. it is just accumulating in one place in our world only! hence it is not a matter of pride but rather of shame.
RE:capitalist flight
by Rapid Snail on Mar 11, 2007 08:57 PM
If that is true, then the United States which has the largest number of billionaires must the poorest country as well. But it is not. Your logic sucks - just like Marx's
RE:RE:capitalist flight
by sumej c on Mar 12, 2007 02:50 AM
Does US have got the number of BPL people like India? The salary that the most rich person gets in US would not be very much higher than the average salary of the people comparing to India. First let India be a country with no poverty, then you can talk like this.
There are people who are unaware of things like computers, internet etc. There are several rural areas in India where people do not have electricity etc. Just think if you were born in such places, will you tell the same thing?
What Meera said deserves attention. Kudos to her! Atleast not all of us are thinking in the way you do.
RE:RE:capitalist flight
by hoo haa on Mar 11, 2007 10:48 PM
Thats true.. People who can't make it they blame others. Our country has equal opportunity and who has talent he wins.
RE:RE:RE:capitalist flight
by sumej c on Mar 12, 2007 02:46 AM
There are people who are unaware of things like computers, internet etc. There are several rural areas in India where people do not have electricity etc. Just think if you were born in such places, will you tell the same thing?
What Meera said deserves attention. Kudos to her! Atleast not all of us are thinking in the way you do.
RE:capitalist flight
by on Mar 15, 2007 12:18 PM
rich nessmeans mentaly how rich they are ,, money does nothing for the richness,, it is resspect and admiration among the people like for bhagat singh and karl mard
RE:capitalist flight
by Howdy Texan on Mar 12, 2007 03:56 AM
Here we go, socialism talk. For 40 yrs it did not do us any good. Be proud, these people are feeding a lot of mouths through employement. Want to be a billionaire, be one. Whos is stopping you ?
Mittal Steel has found the Chinese government to be an accommodating partner for foreign firms, especially when compared with the Mittal family's home country, India. "With India being a democracy, setting up operations can be difficult," Mittal says. "I don't mean to denigrate democracy. But it takes time. You negotiate with all different levels of government. You negotiate with tribal people. It can take two or three years. It's a more difficult process than in the United States.
"But I remember going to China. I flew into the airport, and there was literally red-carpet treatment. Then I'm in a car on a highway, and there is no one else on the road. So I ask, 'What's going on here?' And they say, 'The party secretary wanted to give you a nice welcome. This highway isn't actually open yet.' Then I get to the plant site, but I don't see any land. I see houses, lots of houses -- a village. And I say, 'Where's the land?' And the party secretary says, 'Right here. In 90 days, everyone will be gone.'
"We didn't make that investment, but it gives you a sense of how things operate."
RE:Richest Indian
by Dharmendra Singh on Mar 11, 2007 08:04 PM
After 10 yrs i ll be under TOP 10 (richest person in the WORLD. just remember my name "Dharmendra".
RE:Richest Indian
by dineshchandra mallick on Mar 11, 2007 07:55 PM
I WELCOME DEEPAK FOR HIS ESTIMATED SUCCESS.IT MAY BE BENEFICIAL FOR OTHERS IF HE BE PLEASED TO HIGHLIGHT HIS PAST 5YRS' PERFORMANCE.I LIKE TO TALK PERSONALLY TO HIM IF I CAN BE OF ANY USE HIM.I NEED MONEY FROM STOCK MARKET FOR SOCIAL USE ONLY NOT FOR MY SELF.
These Counted Billionairs are Official one, still there are lot of Unofficial Billionaires in India Deve Gowda Lalu Prasad Yadav Kumar Swamy Chidambaram Jayalalita George Fernandis LK Advani ETC ETC ETC ETC and still lot more, they have got more money then these enterprenuers, Check their Swiss Bank Accounts
It is shameful that with the highest numbers of billionaires we have the poorest country with the lowest human development index. What have the people of India except make money? How many of them have given anything to charity? When asked to emulate Bill Gates and Warren Buffet, Lakshmi Mittal had the cheek to say, "I have not reached that age yet..." Bill Gates is younger than him.
RE:crying shame
by Hebbar R on Mar 10, 2007 01:39 PM
While charity from the Industrial sector is welcome, it is the responsibility of the Political establishment to take up the social cause. The Political class have seriously and systematically failed all of us in this. We should not blame the Industrialists for the failure of the Political class.
The Govt respond to such questions by increasing allocations. But is this enough? Where is the accountability? Higher allocation probably means higher amounts available for misuse!
RE:RE:crying shame
by Sunil Gangadharan on Mar 11, 2007 12:56 PM
I wouldn't expect the corporate to start a charity like Bill Gates or Warren Buffet but there is definitely a social responsibility factor. They can and should offer back to the country and its people through whom they generate their billions something significant not charity, infact it as much the corporate's responsibility as the politicians. The people of the country who work for them deserve a share of the owners prosperity for without the workers efforts the corporates cannot grow and the owners cannot enter the Forbe's list of Billionaires. More over there is more to life than getting on that list.
The other areas that the corporates need to be good about is integrity, they have to pay their taxes properly, not to bribe officials and politicians to get special deals which milks the country dry.
As some one had stated it is not that additional wealth is being created, it is being garnered by a few individuals without sharing it with others.
Having said that I must state that the corporates do generate employment and help in the country's progress, the ideal model to follow will be that of TATA's. Their corporate responsibility model is exemplary.
RE:RE:crying shame
by Sunil Gangadharan on Mar 11, 2007 12:56 PM
I wouldn't expect the corporate to start a charity like Bill Gates or Warren Buffet but there is definitely a social responsibility factor. They can and should offer back to the country and its people through whom they generate their billions something significant not charity, infact it as much the corporate's responsibility as the politicians. The people of the country who work for them deserve a share of the owners prosperity for without the workers efforts the corporates cannot grow and the owners cannot enter the Forbe's list of Billionaires. More over there is more to life than getting on that list.
The other areas that the corporates need to be good about is integrity, they have to pay their taxes properly, not to bribe officials and politicians to get special deals which milks the country dry.
As some one had stated it is not that additional wealth is being created, it is being garnered by a few individuals without sharing it with others.
Having said that I must state that the corporates do generate employment and help in the country's progress, the ideal model to follow will be that of TATA's. Their corporate responsibility model is exemplary.
RE:crying shame
by prasanth peddaayyavarla on Mar 10, 2007 07:03 PM
how many of us (middle class people) have given away 69% or even 0.5% (calculate to your wealth) of our wealth to charities. not many of us i suppose.. y not?..is the answer "we have not reached that age(or stage) yet..." we may even never reach...Warren Buffett is a great character to do that....only he(or those small number of people) has/have the right to point out anyone ....this is my opinion
Good to see 36 Indians in the billionaires list, and should be an inspiration to young Indian entrepreneurs, but also be reminded as the years go by, the gap between the rich and poor is growing in India, with only a few individuals holding power and wealth
RE:Indians in the billionaires list
by Raj Kumar on Mar 10, 2007 01:53 PM
This is matter of sorrow and grief that India%u2019s wealth is accumulating in few hands only. It clearly indicates that distribution of profit in India is wrong. India is country of more than 1 billion people but of not these 33.
RE:TATA?
by dream on Mar 10, 2007 01:21 PM
They are no more rich as their shares in their companies very less much of the partership speaded through shareholders.
RE:TATA?
by samrat raychaudhuri on Mar 10, 2007 05:19 PM
Dude!The TATA's own only 20% of the company and the rest is with shareholders all over. Had they acquired at least 50% share they would be worth around $40-45 billion. Its that big!
