Mukesh Ambani will be the worlds richest man by 2014:Forbes

[Ganga]

BOSTON: With a net worth of USD 62 billion, Indian business tycoon Mukesh Ambani could be the richest man on earth in 2014, according to a forecast issued by the prestigious Forbes magazine.

"One of the predictions is that Reliance Industries' chief Ambani, who currently has a net worth of 29 billion dollars, pips the world's richest man Mexican businessman Carlos Slim to top Forbes' rich list in 2014," it said.

Ambani's net worth swells to USD 62 billion while Slim is "hit hard by Mexican political, financial chaos," according to the prediction by Forbes.

53-year-old Ambani currently ranks fourth on Forbes' list of the world's billionaires.

Forbes has listed a number of events that could happen over the next 10 years in the field of politics, energy, medicine, finance, society and technology. The publication asked its staff and contributors to forecast some of the "noteworthy events" till 2020.

"A vision of the coming decade sketched from real data, projections and facts whenever possible -- though we've injected a dose of rigorous science fiction to fill the gaps," Forbes said about its special 2020 report called 'What Happens Next - Our Look Ahead'.

Another forecast in the field of finance and economics is of fraudster Bernard Madoff's death in his prison cell in 2011. The convicted Ponzi-scheme perpetrator is found hanging in his cell and "prison officials will not rule out foul play," according to the Forbes forecast.

"Futurism favours the bold. Look more than 30 years ahead... and critics will forgive your inaccuracies. We've attempted a thought experiment with far tougher standards: predicting the future that's just around the corner," Forbes said.

In 2012, social networking site Facebook debuts on NASDAQ. Its IPOs value USD 40 billion and founder Mark Zuckerberg becomes the first 20-something who is worth USD 10 billion-plus.

Then by 2020, Wal-mart employs five million people worldwide and its sales pass the one trillion dollar mark. The company "cites successful India and Brazil expansions" for the landmark.

In 2017, Harvard endowment doubles in seven years to USD 50 billion. It offers free tuition to lure top students from China.

The US job scene finally improves in 2018 as unemployment drops below seven per cent and worst of quadruple-dip recession is likely over, Forbes predicts.
Mukesh Ambani to be richest man in world in 2014: Forbes - The Times of India

 

[SpArK]

karlo duniya mutthi mein

 

[Markus]

^^^ Nice pic.

Only if both the brothers come back together, the Reliance group will become a world beater.

 

[Hyde]

^^^ Nice pic.

Only if both the brothers come back together, the Reliance group will become a world beater.

yeah,
and then adapt me as their eldest son, writing my name on top of their will

 

[Markus]

yeah,
and then adapt me as their eldest son writing my name on top of their will

Sorry, you are late.

There are approx 150000 people in queue already.

 

[SpArK]

yeah,
and then adapt me as their eldest son, writing my name on top of their will

I thought you filled application for adoption from Angelina Jolie.

She has already adopted a few and i thought u will be the next.

 

[Ganga]

One thing i don't like about Indian billionaires is that they are not as charitable as their western counterparts, except for a few.Just imagine if each one of them adopt 20 villages .How much it will benefit the people.

 

[Mirza Jatt]

Mukesh Ambani’s new home Antilia

Mukesh Ambani’s new house Antilia is under construction right now and is said to have 27 floors with 600 full staff to be working in the whole building.The height of these 27 floors would be equivalent to 60 floors of a normal building/apartment. The current residence of mukesh ambani is at Cuffe Parade. The new ambani’s home would have 3 helipads , Six floors for parking, a full floor for car maintenance, Balconies with gardens , Entertainment floor with 50 people seating floor, a refuge floor which would come in use in emergencies, facilities for athletics and a swimming pool, 2 full floors made of glass-front especially for guests of ambanis though BMC(Brihanmumbai Municipal Corporation) officials have announced that the helipad permissions have not yet been granted.
Mukesh Ambani bought the Antilia 49,000 square foot plot in year 2002 and the whole construction will rise to 570 feet with the height of 60 floors though the real contruction would be of just 27 floors. The construction is at Altamount Road where the current land rates are at 75000Rs/square feet and 6 floors are already completed with the whole construction to be completed by september 2008.The top four floors, with a panoramic view of the city and the Arabian Sea beyond, are expected to be for Ambani, his wife Nita, mother Kokilaben and the couple’s three kids.

According to BMC records, the total area of Mukesh’s Altamount Road plot is 4,532.39 square meters. The proposed built-up area is 4,778.09 square meters (only for residential purposes), and the permissible built-up area 4,939.81 square meters. Lets see what anil ambani is planning after seeing mukesh ambani’s upcoming big house and sucess of reliance companies held by mukesh.

The current news is that mukesh ambani has already reached 50billion dollar level and will soon beat software kind bill gates, and this is the reason anil ambani is all get set to start Reliance Power IPO which is expected to come by october 2007.Anil ambani can also expect a heavy premium on the shares to be issued with many times over subscription of the shares. Lets see by the year end which ambani brother wins this money battles and stays in the top.

Mukesh Ambani’s new home Antilia | Corporate Talk

 

[Markus]

^^^ His new home is worth a staggering 2 billion dollars.

 

[Hyde]

I thought you filled application for adoption from Angelina Jolie.

She has already adopted a few and i thought u will be the next.

No I am in queue of becoming the Husband of "Her Highness" after she divorces Brad Pitt

Mr Ambani's still got an option to adapt me..... I am willing to be adapted by them

 

[Markus]

No I am in queue of becoming the Husband of "Her Highness" after she divorces Brad Pitt

You are late there too. I just got an email that my application has been approved.

 

[SpArK]

You are late there too. I just got an email that my application has been approved.

[/QUOTE]

The mail is from Brad Pitt.. Since she is on travel. Beware.

 

[Jackdaws]

Mukesh Ambani’s new home Antilia

Mukesh Ambani’s new house Antilia is under construction right now and is said to have 27 floors with 600 full staff to be working in the whole building.The height of these 27 floors would be equivalent to 60 floors of a normal building/apartment. The current residence of mukesh ambani is at Cuffe Parade. The new ambani’s home would have 3 helipads , Six floors for parking, a full floor for car maintenance, Balconies with gardens , Entertainment floor with 50 people seating floor, a refuge floor which would come in use in emergencies, facilities for athletics and a swimming pool, 2 full floors made of glass-front especially for guests of ambanis though BMC(Brihanmumbai Municipal Corporation) officials have announced that the helipad permissions have not yet been granted.
Mukesh Ambani bought the Antilia 49,000 square foot plot in year 2002 and the whole construction will rise to 570 feet with the height of 60 floors though the real contruction would be of just 27 floors. The construction is at Altamount Road where the current land rates are at 75000Rs/square feet and 6 floors are already completed with the whole construction to be completed by september 2008.The top four floors, with a panoramic view of the city and the Arabian Sea beyond, are expected to be for Ambani, his wife Nita, mother Kokilaben and the couple’s three kids.

According to BMC records, the total area of Mukesh’s Altamount Road plot is 4,532.39 square meters. The proposed built-up area is 4,778.09 square meters (only for residential purposes), and the permissible built-up area 4,939.81 square meters. Lets see what anil ambani is planning after seeing mukesh ambani’s upcoming big house and sucess of reliance companies held by mukesh.

The current news is that mukesh ambani has already reached 50billion dollar level and will soon beat software kind bill gates, and this is the reason anil ambani is all get set to start Reliance Power IPO which is expected to come by october 2007.Anil ambani can also expect a heavy premium on the shares to be issued with many times over subscription of the shares. Lets see by the year end which ambani brother wins this money battles and stays in the top.

Mukesh Ambani’s new home Antilia | Corporate Talk

And like all things Reliance - everyone was amazed how he managed to get so much land on Altamount Road - it is choc-a-bloc. Well - he bought out some madrassa land.

 

[Gentle Typhoon]

Ratan Tata's Net worth is more than $70 billion. He is not a billionaire on paper but in reality he is the richest person of the world. His net worth in reality is more than Bill Gates and Warren Buffet. 65% ownership of TATA Sons which is the key holding company of the other 96 TATA Group Company is held by various charitable organizations. Good thing about Tata Group is that, They do Charity out of their Money and that is the reason TATA Group has generated so much of Goodwill over last 5 generations.

 

[SQ8]

The non charitable nature is inherent with most Indian Hindu's of the brahmin caste(no fascism intended.. its a characteristic I noticed in many of my fathers friends)... and while they will spend lavishly at times on their outlook.. you will many of them will still be having the thali at lunch..
They are very accommodating to friends.. but seem to dislike charity since they feel its better to offer work than to give charity...that way they benefit as well.