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These four Indians are worth $180 bn


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hi
by on Nov 16, 2007 03:37 PM  | Hide replies

I am pride for their success but I feel pity about them. They have no concern for common people of India. They would have at least spent 10% of their income for social service. They should have built built Hospitals, Schools. Physically they are rich by the by they are very poor in spiritual outlook. We must appreciate Steve Waugh (Australian cricketer) for his contribution to orphanes of calcatta and Bill Gates for funding to Aids. In addition we have to appreciate Satyam.Ramalingaraju for his - 108 Ambulance services for accident cases. By just high-lighting the riches of the rich, The riches of human touch must be credited and given room for media coverage such that some one come out in the same manner.

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Natarajan HK
RE:hi
by Natarajan HK on Nov 18, 2007 12:16 AM
Are you spending 10% of your income on social service? Are you paying your tax honestly?
People like you only talk. For sure, you don't extend monetary help to the extent you can or you expect from others.

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S Kiran
RE:hi
by S Kiran on Nov 16, 2007 04:51 PM
You are fit to be a begger. Why do you want these rich people to make donations? They are giving employment to lakhs of people. Is that not sufficient? Rich people getting richer does have trickle down effect, though it may take some time. Do you know the kind of money Mukesh Ambani is investing in retail and petroleum? It will generate lakhs of jobs. Who will benefit in this?

These rich people are not the reason for poor people. The people are poor (majority of them) because they are lazy, do not want to work, depend on govt for everything. Even Dhirubhai Ambani would have been a poor if he had the same mentality.

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Vasanth Vishwanathan
RE:hi
by Vasanth Vishwanathan on Nov 16, 2007 05:08 PM
@ Kiran... U r bang on target...

If u tell Bill Gates to donate 10% of his net worth to charity and similar things, then he wouldnt have been the richest man on earth..

Wake up, topic starter... What guys Mukesh and Anil Ambani are doing for this country are worth praising...

Its guys like you who wud find faults with everything...

Hail Mukesh and Anil...

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shiva
RE:hi
by shiva on Nov 16, 2007 06:34 PM
This world is not ideal. The sooner we accept that, we will be more relaxed. There are many good people around and have been around all the time. There was always the rich and the poor. It can last till the very end.

We have lots of inputs putting down the super rich. To put your money where your mouth is, why not all group together and be the inpiration to the rest? Start an enterprise with an aim to contribute all surplus to the poor. Call for volunteers who can even be paid market rates. We will see the response. Otherwise, all this rich bashing is mere rhetoric to let out the frustrations of daily life. Who knows the rich will be rich at heart and contributing quietly, without any publicity. I know many who do.

Prof Mohamed Yunus returned to Bangla Desh and started microcredit with an initial investment of Rs 10,000 from his pocket. He empowered the women, who repaid the loans and now has 7.5 million borrowers with almost 100% recovery rate. That is recent inpiration for us all. The good are always around. We have to spot them in our midst. The leftists have all the grassroot touch to follow these examples to show real concern, backed up by action. Of course, that will give the rest of us some respite from their daily efforts to stay in the spotlight, mouthing out their concerns for the poor.

We all wait for real action, as we have a fertile area to tap. But who will bell the cat?

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S Kiran
RE:So what, we were always poor, still we are.
by S Kiran on Nov 16, 2007 04:59 PM
For your information, Rajas of Mysore were not counted among the richest in India. They were very noble, they employed visionaries as their ministers (Sir Vishweshwaryya (oops spelling is not right), Ismail, etc). The canals, schools, colleges, universities in Mysore, B'lore and surrounding places are their contribution. The corrupt politicians have not contributed anything significant.

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A P
RE:So what, we were always poor, still we are.
by A P on Nov 16, 2007 11:25 AM
Aga Khan, Nizam of Hyderabad, Raja of Mysore did not employ people or contribute anything to the economy. The top 40 billionaires have added to industrial growth and added hundreds of thousands of jobs. Almost all are first generation billionaires. No we are not going back to those days (except West Bengal and Kerala)

Though farmers suicides are shameful, these people are not responsible for that , rather govts. like West Bengal and Kerala, who have vested interest in keeping people poor are responsible.

And for your information most of the people getting jobs are not IITians.



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mohandas pai
rich means forget the customers who make you rich
by mohandas pai on Nov 16, 2007 09:11 AM

reliance infocom may get richer day by day with the hard earned mobile service payments by loyal and faithful customers but does reliance infocom have any care for customer who is enriching them ?? quality of customer care support is getting poorer by day as the service provider becomes richer by hours .. open big question mark not being addressed caringly at all

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ashwin j
doesn't matter
by ashwin j on Nov 16, 2007 07:07 AM

God is richer then all. He owns the earth, the sun, milkyway and billions of other galaxies, and from recent studies seems like there are billions of other universes.

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Radha Krishnan
Tata ????
by Radha Krishnan on Nov 16, 2007 06:58 AM  | Hide replies

Where do Ratan Tata stand

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Tomahawk Missile
RE:RE:Tata ????
by Tomahawk Missile on Nov 17, 2007 10:17 AM
Tata does not own Tata, its owned by charitable trusts. So tata doesn't have the money, the trusts have it5yp

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Anand YNI
The Four Billionaires
by Anand YNI on Nov 16, 2007 06:28 AM  | Hide replies

Strictly speaking, and to be fair to all these billionaires, they are spending THEIR money and not others' and so it is not others' business to feel bad about it. On the contrary, we are proud that there are four Indians amongst the top ten.

However, Ambanis and other super rich people of this country are requested to do something more, IN ADDITION to donating costly gifts to their spouses or anyone else, which, in any case is their personal business about which we have nothing to comment.

For example, If Mukesh utilises an equal amount as he gave his wife, that is, 240 crores, he can easily start & sustain around 300 schools in the country at the present cost. This amount is less than 0.1 % of his total wealth. Imagine him spending about 10% of his wealth. A whopping 30000 schools can be run & @ 100 children per school, a mind boggling 3 million needy children could get proper education! I won't be surprised that if ever such a thing happens, people will build temples for Ambanis!

The pleasure of helping the poor getting educated has to be experienced & not explained. For all, Mukesh might already been doing such a service without the knowledge of the public, but if his donation gets widespread publicity, this (charity)also should get. On the contrary, if he is not doing any such thing and simply amassing wealth, we pity him since his enormous wealth is not being utilised for causes that can change the destiny of this country. He can do it but is not doing it.

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RE:The Four Billionaires
by on Dec 02, 2007 08:51 PM
Oh! Mukesh (and others) have much more to do in life than to manage schools and such.

Mukesh is the most far-sighted amongst the lot. He has even started purchasing jets so that he would dump his wealth inside those and take along (you know where!).

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shiva
RE:The Four Billionaires
by shiva on Nov 16, 2007 07:19 AM
Anand,

I would like to add some perpsective to sharing the wealth.

Unfortunately, we do not have much set up to see that the money contributed goes to who it is intended to. The moment big money is involved, it attracts people with ulterior motives. The rich are always afraid to be taken advantage of.

I have also seen money changes people. They move to another level and the hangers on, look at the money and not at the person.

It helps to be at the right place at the right time. The world is full of ironies. A person who makes few thousand may be more capable and loyal than who makes many times that money. The rich are surrounded by people who keep other well meaning people away from them.

Finally, the way of the world is, how many will work hard so that we can contribute to charity? The motivation for making wealth is for himself and family. They may spend millions to please their families, but will look away from others, who are in much more in need of help, needing only a few thousand.

I salute always the common man who is ever willing to help. He gives till it really hurts. I also know some of the rich do give and many do not seek publicity. Unfortunately, most of their wealth go to people by default, who end up sqandering away all the wealth.

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mohandas pai
RE:The Four Billionaires
by mohandas pai on Nov 16, 2007 09:14 AM
shiva has put it in a wonderful perspective faithful tax payer the common man these are the real rich "in heart' who share their hard earned money via various channels like Relief Funds apart from paying their taxes faithfully regularly for the earned income .. let us salute and appreciate these common citizens who need to be put on the REAL RICH list ..

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Anand YNI
RE:The Four Billionaires
by Anand YNI on Nov 16, 2007 09:31 PM
Nice comments by Shiva and Mohan.
Shiva's apprehension is really true. What I intend saying is that if Mukesh could manage such a big empire such as RIL, managing a few thousand schools by his company should not be difficult. Problem arises when you hand over the money or management to the government officials.

Hence, all that needs for Mukesh is to set up another company or trust run by himself as the chief under whom professionals work just as they do in his other companies. This company/trust will start the schools and look after the needs without expecting anything from the government. If they could "manage" the govt in running other companies, they are capable of convincing govt on this front also. As rightly said by someone, when you hand over the project on a platter to the govt officials, the project is bound to fail and money goes waste just as the donations given to PM's relief fund and others are pocketed by politicians and officials.

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shiva
RE:The Four Billionaires
by shiva on Nov 17, 2007 06:52 AM
Anand,

I fully agree Mukesh Ambani has the capacity both in terms of wealth and forming a trust to manage a charity. My point is, one should not force anybody. He already has his hands full by running many mega companies and giving jobs to lakhs. Let us also not be judgemental and come to the conclusion he is already guilty by not not being charitable. The rich are easy targets. If he announces a chritable deed, he would be accused of doing it for pubilcity. If he does, privately it will not be known to most. I once approached a wealthy man for a good cause.He politely refused, saying he cannot please everybody. Later he told me he gives only if he knows the money will benefit the real poor and not through unknown intermediaries.

Unfortunately, one becomes a miser the more one has. My friend took an oath that he will give 10% of his gross income to charity. When the income increased he made it to net income. When it increased further, he made it to after tax income. I still salute him for giving a bigger sum and not forgetting his vow, though a bit diluted!

I always thank the people who accept my donations as they are willing to take from a stranger. I was trying to contribute to Lakshmi's surgery & hospitalisation. I would like to join the thousands before Mukesh Ambani chips in so that our efforts are in vain!

The world is still worth living and there are enough charitable people around always. Let us do our bit as we have no wish to appear in any list!

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Anand YNI
RE:The Four Billionaires
by Anand YNI on Nov 19, 2007 06:12 AM
Shiva,

Well written. It is because of thoughts that you have mentioned, the world is still livable and imagine these billionaires joining (if they have not already joined) the helpers without force & even discretely! The future of the country in the vicelike grip of the politicians (on the electorate) could be much brighter with many more getting educated.

Thanks

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Vetri Kodi Kattu
They have missed my in the Billionaire list?
by Vetri Kodi Kattu on Nov 16, 2007 04:58 AM  | Hide replies

They have missed my name in the billionaire list. How many zeros are required for a billion. please tell me. If you get the answer you are a billionaire.

hhahaaa


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RE:They have missed my in the Billionaire list?
by on Nov 16, 2007 05:14 AM
where on earth did rediff get these numbers from? are they talking rupees? this is stupid reportng, wih no credibility in the western world. idiots!!!!

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