His Income $2 Billion/Year

It is possible with Inside Deals

Now Ambani is worth $15 Billion. How can somebody lose $50 Billion in 4 years?

It is also possible if your Government backs you.

i.e. you are funded to start a Three Letter Front Company.

Very easily.

If the wealth is based on stock it can go up and down quite drastically if the company has a volatile stock price.

I agree. It is all government backed easy loans and debts.

Many on the Forbes 1000 are just that.

Chosen

Chosen to run companies for financial interests bigger than themselves

They are Front Men

Last Edited by Open Your Eyes on 12/03/2012 11:26 PM

When a billionaire has $65 billion, he can retire by selling his business nad he will have $65 billion.

Now Ambani has lost $50 billion only.

When you are the majority shareholder in a company it is hard to drop ALL your stock at once and convert it all to cash without the shares taking a plunge.

You would need to find a willing buyer to pay the correct stock price for all your shares.

Not an easy task.

Last Edited by Open Your Eyes on 12/03/2012 11:32 PM

Past 35 years, billionaires, millionaires and governments have been saying they will have 20% growth each year. How can there be 20% growth every year for 35 years?

There will losses and fall some years. Money minded people are economic idiots and financial idiots.

They say traders in gold & silver, stock markets, forex cannot earn 20% every year for more than 10 years.

So the same applies to industries and businesses worldwide who are protected by governments and loans.

you can make big money exponentially. 1 dollar makes you 2, 2 dollars makes 4. is not something exclusively lineal
and yes, is almost impossible to do it quickly, unless you do it illegitimately/legally *cough* trinity *cough*

edited

he made his fortune selling toilets in India.

They get the most benefits of the increase in money supply.

They are the vacuum that sucks up the extra cash.

Yes but he stole it your friend means honestly making it.

When the stock markets crash and there is storm in the financial world and billionaires invest bulk of their money in gold and silver then 50% of billionaires wealth will be distributed among worldwide people. No need for donations

34 billionaires say there will give 50% of their wealth to chairty. But when? World economy needs money now but some billionaires have $50 billion or $65 billion.

He hides it so no taxes

You are forgetting about the Trillionaires

When 1 rich person steals more money and gets richer, MANY poor people get poorer.
The ratio increases exponentially.

...no cunt uses one. They just hang their arses out into the river/street/living room.

IS that in Rupies and US Dollars...

The USA Gives so many nations money.. and most of it gets taken by the officials not even used to helpp their people.

Don't know who this guy is but wonder if he has India Govt Ties?????

Al Gore tried it with Chicago Climate Exchange... Once we got a whiff of his scam, it fell apart... for now.

Carbon Credits coming soon!

If at first you don't succeed, Try, Try Again!