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His Income $2 Billion/Year

 
Anonymous Coward
User ID: 29040626
India
12/03/2012 11:17 PM
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His Income $2 Billion/Year
My friend says nobody can earn big money in quick time. He says you cannot earn $1 million in one year.

So I tell him "Mukesh Ambani" had $65 Billion 4 years back. How did he earn $65 billion in some 40 years.

That comes to $2 billion/year almost. 1dunno1
Anonymous Coward (OP)
User ID: 29040626
India
12/03/2012 11:20 PM
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Re: His Income $2 Billion/Year
It is possible with Inside Deals
 Quoting: Open Your Eyes

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

s226
Anonymous Coward (OP)
User ID: 29040626
India
12/03/2012 11:23 PM
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Re: His Income $2 Billion/Year
It is also possible if your Government backs you.i.e. you are funded to start a Three Letter Front Company.
 Quoting: Open Your Eyes

I agree. It is all government backed easy loans and debts.
Anonymous Coward (OP)
User ID: 29040626
India
12/03/2012 11:28 PM
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Re: His Income $2 Billion/Year
If the wealth is based on stock it can go up and down quite drastically if the company has a volatile stock price.
 Quoting: Open Your Eyes

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.
Anonymous Coward (OP)
User ID: 29040626
India
12/03/2012 11:33 PM
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Re: His Income $2 Billion/Year
Not an easy task.
 Quoting: Open Your Eyes

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.


cool2
Anonymous Coward
User ID: 19279205
United States
12/03/2012 11:33 PM
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Re: His Income $2 Billion/Year
My friend says nobody can earn big money in quick time. He says you cannot earn $1 million in one year.

So I tell him "Mukesh Ambani" had $65 Billion 4 years back. How did he earn $65 billion in some 40 years.

That comes to $2 billion/year almost. 1dunno1
 Quoting: Anonymous Coward 29040626


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*
Anonymous Coward
User ID: 19279205
United States
12/03/2012 11:34 PM
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Re: His Income $2 Billion/Year
My friend says nobody can earn big money in quick time. He says you cannot earn $1 million in one year.

So I tell him "Mukesh Ambani" had $65 Billion 4 years back. How did he earn $65 billion in some 40 years.

That comes to $2 billion/year almost. 1dunno1
 Quoting: Anonymous Coward 29040626


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/illegally *cough* trinity *cough*
 Quoting: Anonymous Coward 19279205


edited
Anonymous Coward
User ID: 28998454
United States
12/03/2012 11:35 PM
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Re: His Income $2 Billion/Year
My friend says nobody can earn big money in quick time. He says you cannot earn $1 million in one year.

So I tell him "Mukesh Ambani" had $65 Billion 4 years back. How did he earn $65 billion in some 40 years.

That comes to $2 billion/year almost. 1dunno1
 Quoting: Anonymous Coward 29040626


he made his fortune selling toilets in India.
Anonymous Coward
User ID: 28378701
Australia
12/03/2012 11:39 PM
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Re: His Income $2 Billion/Year
Yes but he stole it your friend means honestly making it.
Anonymous Coward (OP)
User ID: 29040626
India
12/03/2012 11:40 PM
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Re: His Income $2 Billion/Year
They get the most benefits of the increase in money supply.
They are the vacuum that sucks up the extra cash.
 Quoting: Open Your Eyes

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.
Anonymous Coward
User ID: 28378701
Australia
12/03/2012 11:40 PM
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Re: His Income $2 Billion/Year
It is possible with Inside Deals
 Quoting: Open Your Eyes

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

s226
 Quoting: Anonymous Coward 29040626


He hides it so no taxes
Anonymous Coward
User ID: 28378701
Australia
12/03/2012 11:42 PM
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Re: His Income $2 Billion/Year
They get the most benefits of the increase in money supply.
They are the vacuum that sucks up the extra cash.
 Quoting: Open Your Eyes

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.
 Quoting: Anonymous Coward 29040626


When 1 rich person steals more money and gets richer, MANY poor people get poorer.
The ratio increases exponentially.
Anonymous Coward
User ID: 1470692
Germany
12/04/2012 01:25 PM
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Re: His Income $2 Billion/Year
bump
GeordieLegend

User ID: 4912635
Netherlands
12/04/2012 01:27 PM
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Re: His Income $2 Billion/Year
My friend says nobody can earn big money in quick time. He says you cannot earn $1 million in one year.

So I tell him "Mukesh Ambani" had $65 Billion 4 years back. How did he earn $65 billion in some 40 years.

That comes to $2 billion/year almost. 1dunno1
 Quoting: Anonymous Coward 29040626


he made his fortune selling toilets in India.
 Quoting: Anonymous Coward 28998454


...no cunt uses one. They just hang their arses out into the river/street/living room.
Propaganda has to be popular and has to accommodate itself to the comprehension of the least intelligent of those whom it seeks to reach...
Anonymous Coward
User ID: 24289757
United States
12/04/2012 01:31 PM
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Re: His Income $2 Billion/Year
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?????

My friend says nobody can earn big money in quick time. He says you cannot earn $1 million in one year.

So I tell him "Mukesh Ambani" had $65 Billion 4 years back. How did he earn $65 billion in some 40 years.

That comes to $2 billion/year almost. 1dunno1
 Quoting: Anonymous Coward 29040626
AlcoholicRunner
I abduct humans and drink at the same time.

User ID: 23182389
United States
12/04/2012 01:33 PM

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Re: His Income $2 Billion/Year
It is possible with Inside Deals
 Quoting: Open Your Eyes

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

s226
 Quoting: Anonymous Coward 29040626


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.
 Quoting: Open Your Eyes


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

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