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sirgalahad2010
30-10-2007, 04:37 PM
Indian billionaire Mukesh Ambani yesterday became the world's richest person with an estimated net worth of US$63.2 billion. Yay!!!!

He has overtaken Bill Gates and Carlos Slim (US$62.29 billion) and Warren Buffet (US$56 billion), according to a Press Trust of India report.

GreenBug
30-10-2007, 05:52 PM
Indian billionaire Mukesh Ambani yesterday became the world's richest person with an estimated net worth of US$63.2 billion. Yay!!!!

He has overtaken Bill Gates and Carlos Slim (US$62.29 billion) and Warren Buffet (US$56 billion), according to a Press Trust of India report.Why the yay!? I will say yay! to those who give back to society and care for the environment. Hold on SirG, I ain't saying this Ambani chap isn't philantropic or anything, will he be able to do a Buffett i.e, donate all his USD23 billion and keep only enough for his old age? If so, I will join in and say Yay! yay! yay! otherwise it doesn't mean anything to me if he is the richest or otherwise.

AllUrban
30-10-2007, 07:12 PM
Why the yay!? I will say yay! to those who give back to society and care for the environment. Hold on SirG, I ain't saying this Ambani chap isn't philantropic or anything, will he be able to do a Buffett i.e, donate all his USD23 billion and keep only enough for his old age? If so, I will join in and say Yay! yay! yay! otherwise it doesn't mean anything to me if he is the richest or otherwise.and on that note, how many Malaysians especially those in the "top tier" are donating money as private citizens...

I dont just mean for charity homes and orphanages...I'm talking about building libraries, financing art galleries, and musems and hospitals, the things that benefit all of society....

Cheers, m

clfoo
31-10-2007, 02:37 AM
and on that note, how many Malaysians especially those in the "top tier" are donating money as private citizens...

sometime when it's not reported in the english media doesn't mean that it's not happening, as far as i know we do have those in 'top tier' i.e. uncle lim, kuok family r filling the 'void' that our govt 'accidentally' neglect.

But it would be more heartwarming if we can hear those like Daim, Halim Saad, Tajudin Ramli, Amin shah and etc pay back their due to the society with the way they accumulated their wealth.

USJ27Resident
31-10-2007, 06:08 AM
sometime when it's not reported in the english media doesn't mean that it's not happening, as far as i know we do have those in 'top tier' i.e. uncle lim, kuok family r filling the 'void' that our govt 'accidentally' neglect.

But it would be more heartwarming if we can hear those like Daim, Halim Saad, Tajudin Ramli, Amin shah and etc pay back their due to the society with the way they accumulated their wealth.

Rotflmao!!.... who ah !? issit the same fella that raped the a national airlines bare-back, and then conned TM into buying a debt ridden cellular company... not before buying the german made company car for RM 1 (yep... one ringgit.... !!! )

sirgalahad2010
31-10-2007, 09:00 AM
sometime when it's not reported in the english media doesn't mean that it's not happening, as far as i know we do have those in 'top tier' i.e. uncle lim, kuok family r filling the 'void' that our govt 'accidentally' neglect.

But it would be more heartwarming if we can hear those like Daim, Halim Saad, Tajudin Ramli, Amin shah and etc pay back their due to the society with the way they accumulated their wealth.

I understand that Mokhtar Al Bukhary has set up his own charitable foundation.

As for the other corporate tycoons and rich business people in Malaysia, I supposed they are guided by their conscience.

I am reminded of the Biblical parable of Lazarus and the rich man!

AllUrban
31-10-2007, 10:04 AM
I understand that Mokhtar Al Bukhary has set up his own charitable foundation.

As for the other corporate tycoons and rich business people in Malaysia, I supposed they are guided by their conscience.

I am reminded of the Biblical parable of Lazarus and the rich man!I'm thinking that the Malaysian leaders should be like the "Robber Barons" of the late 19th century USA.

They took full advantage of lax laws, they corrupted officials, they amassed huge levels of wealth at the expense of their customers....and bought titles from impoverished royals....

At the same time, they invested in their societies. They built universities and colleges and hospitals and charity homes and libraries and concert halls and parks and welfare homes and art galleries and sponsored public transportation initiatives......

I know that there are Malaysians who are doing these things...I want to know what can be done to encourage more wealthy Malaysians to spread the wealth throughout society...

Cheers, m

sirgalahad2010
31-10-2007, 06:31 PM
I'm thinking that the Malaysian leaders should be like the "Robber Barons" of the late 19th century USA.......

I know that there are Malaysians who are doing these things...I want to know what can be done to encourage more wealthy Malaysians to spread the wealth throughout society...
Cheers, m

The govt can declare a tax amnesty, no questions asked, so that Malaysians can bring back all their "black money" held offshore or overseas...... ;)

scorgio
01-11-2007, 08:45 AM
and on that note, how many Malaysians especially those in the "top tier" are donating money as private citizens...


The library, the classroom blocks, the hall or even the bus stop, covered pedestrian walkway, bridge etc. of Chinese Primary School are all donated by the Public. In which some of the 'top tier' Chinese businessmen contributed the big chunk.

online12793
01-11-2007, 12:50 PM
The govt can declare a tax amnesty, no questions asked, so that Malaysians can bring back all their "black money" held offshore or overseas...... ;)

That would be good, if Malaysia were a tax heaven like labuan it would be
much better. I would be the first to jump in.

sirgalahad2010
04-11-2007, 02:51 PM
At least, India's richest man knows what to do with his loose change. He has bought a private jet (an Airbus A-319) as a present for his wife's 44th birthday. The estimated price is US$60 million.

The plane comes with entertainment cabins, a sky bar, a master bedroom and a bathroom with a range of showers.

And this guy is currently building one of the world's most expensive houses in Mumbai - a US$1 billion 27-storey home for a family of 6, complete with helipad and 6 floors of car parks.

Like they say - if you have it, flaunt it.

I suppose he can be excused. His company, Reliance Industries, has a market cap of close to US$100 billion.

firefox
04-11-2007, 02:55 PM
He might even build something like the TAJ Mahal for his wife when the times comes who knows.

orchipalar
04-11-2007, 11:47 PM
Indian billionaire Mukesh Ambani yesterday became the world's richest person with an estimated net worth of US$63.2 billion. Yay!!!!

He has overtaken Bill Gates and Carlos Slim (US$62.29 billion) and Warren Buffet (US$56 billion), according to a Press Trust of India report.Err...did PTI also mentioned later that Reliance Industries was quick to deny that claim made solely by PTI to begin with...?

or did you read from PTI also...when Ambani was reported to have said..."We have people who have to survive on $2 a day... We cannot have islands of prosperity surrounded by oceans of poverty."

Ahem...well said...yes?

India is ill stricken by poverty(800 millions of Indians in INDIA alone!)...n Ambani who is an Indian national...was reported to have bought an Airbus for his wife...recently which you said so yourself...!

n You...of all folks...seem to be rather jubilant n proud...err...about his achievements?

That's a triple neihi...if you were to ask Orchi again...

sirgalahad2010
05-11-2007, 08:27 AM
Err...did PTI also mentioned later that Reliance Industries was quick to deny that claim made solely by PTI to begin with...?

or did you read from PTI also...when Ambani was reported to have said..."We have people who have to survive on $2 a day... We cannot have islands of prosperity surrounded by oceans of poverty."

Ahem...well said...yes?

India is ill stricken by poverty(800 millions of Indians in INDIA alone!)...n Ambani who is an Indian national...was reported to have bought an Airbus for his wife...recently which you said so yourself...!

n You...of all folks...seem to be rather jubilant n proud...err...about his achievements?

That's a triple neihi...if you were to ask Orchi again...

Well, his purchase of the Airbus jet was reported in a Mumbai newspaper, the Mumbai Mirror, last week, according to Reuters. The paper also said that Airbus sources had confirmed it and that the plane had already arrived in New Delhi.

And the fact that he is building one of the world's most expensive houses in Mumbai has been reported in both the Indian and foreign media.

I am neither jubilant or proud about Mr Ambani's achievements. After all, he is just another extraordinarily successful businessman (we have those in Malaysia too, don't we?) in a dirigiste capitalistic economy.

GreenBug
05-11-2007, 12:43 PM
I am neither jubilant or proud about Mr Ambani's achievements. After all, he is just another extraordinarily successful businessman (we have those in Malaysia too, don't we?) in a dirigiste capitalistic economy.Well, to me to sounded proud of this Ambani achievement and that was why I made the remark earlier that I don't give two-hoot if he is from India or anywhere as long as he shares his pile with the unfortunate and give back some to society. But you have to mention he bought an Airbus A319 for his wife and building the most expansive pad in Mumbai.... if that does not sound like blowing trumpet fro this Indian tycoon, I don't know what is... :rolleyes:

GreenBug
05-11-2007, 12:46 PM
And since we are on the subject of Mr. Ambani, his chain of Reliance Hyperstores and Convenience Stores in India insist on a minimum 40% retail margin... thats robbing the suppliers and skinning the customers at the same time. Now, did I hear some wise words "You cannot have an island of properity surrounded by an ocean of poverty"? What a load of bull....

orchipalar
05-11-2007, 01:04 PM
And since we are on the subject of Mr. Ambani, his chain of Reliance Hyperstores and Convenience Stores in India insist on a minimum 40% retail margin... thats robbing the suppliers and skinning the customers at the same time. Now, did I hear some wise words "You cannot have an island of properity surrounded by an ocean of poverty"? What a load of bull....Err buddy Greenbug...thank you for pointing that ugly side of the manners how businesses under his ownership n control are being executed...in here.

Orchi also read...there has been NO evidence whatsoever pointing to his so called much publicized philanthropy nature...or any contributions to the INDIANS' society which is mostly in poverty(800 millions of poor Indian nationals whom are living with merely under 25p per day)...other than whatever charitable causes which were probably done for the sakes of evading taxes...in INDIA!:rolleyes:

Oh btw...Orchi stands to be corrected...should anyone has any proof that he had directly help the poor or the unfortunate...with his OWN bare hands or with some of the lose change in his OWN pockets...Orchi for one...shall kneel...n kiss his arse for a change...