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  1. Jay Chaudhry is an Indian-American billionaire businessman and the CEO and founder of Zscaler. Recently, the 62-year-old entrepreneur abruptly climbed 577 spots in Hurun Global Rich List for 2021 and also become a part of another list—India’s top ten richest. © Reuters In the second quarter of 2020, Zscaler's revenues peaked at $157 million, by an impressive 10 per cent sequentially and another 55 per cent year-on-year. “There is an accelerated market shift towards work from anywhere, which is the world Zscaler was built for,” Jay said after his company declared their latest quarterly earnings. Currently, the company has over 5,000 customers⁠. However, Jay Chaudhry had a humble start in life. For the uninitiated, he grew up in a Himalayan village called Panoh, from the Una district of Himachal Pradesh. He spent his childhood in a district that had barely any access to electricity. In fact, Chaudhry studied under trees to complete his education. “I used to walk nearly 4 km every day to attend my high school at Dhusara, the neighbouring village,” he said in an interview with The Tribune a few years ago. © Reuters “My success, so far, has mainly been because I have very little attachment for money. My obsession is really to make sure that the internet and cloud are a safe place for everyone to do business," he told a leading publication. With a list of successful companies before, Zscaler clearly tops the lot. View the full article
  2. Whether you are a billionaire or someone with a modest background, we all have some form of carbon footprint. We get to work in cars, go on vacations in planes and use electricity in our homes. However, when it comes to billionaires, energy usage can increase to astronomical levels as they often travel for work, own yachts or have multiple houses that use a lot of energy. However, not all billionaires are the same as some have a very low carbon footprint as compared to others, according to a recent study and report. © unsplash Bill Gates stressed in his recent book, the importance of climate change and how we should reduce our carbon footprint. Gates wants people to stop eating meat and switch to synthetic meat instead. He also feels going to Mars in a rocket may not be the best way to go about space travel. In fact, even though billionaires have tried to be environmentally conscious, some of them have a larger carbon footprint than the average person. © unsplash Two anthropologists from Indiana University wanted to find out whether wealth translated to a higher footprint due to consumption. The calculation by Richard Wilk and Beatriz Barros was published in The Conversation and found that billionaires do in fact have a higher carbon footprint, sometimes thousands of times higher than the average person. Since many of the billionaires own yachts, planes and multiple mansions, it all contributes to the overall carbon footprint. For perspective, a helicopter pad, submarines, pools and a yacht with a permanent crew emit about 7,020 tons of CO2 a year. In order to determine an accurate footprint, the two anthropologists focused on real estate transportation to calculate the carbon emission from each billionaire. However, to everyone’s surprise, neither Musk nor Bezos or Gates had the highest carbon footprint as the top spot is currently being held by a Russian billionaire, Roman Abramovich. According to Forbes, the Russian billionaire owns the world second largest yacht which he bought for nearly $400 million in 2010. The billionaire is also best known for owning Chelsea F.C., a Premier League football club. The second-highest carbon emitter was David Geffen, an American businessman who is a producer, film studio executive, and philanthropist. © unsplash Bill Gates on the other hand had a very "modest" carbon footprint since he does not own any yachts. Most of his carbon footprint is related to flying as he owns four private jets, a seaplane and “a collection” of helicopters. His annual footprint was measured at 7,493 metric tons of carbon. Elon musk also has a surprisingly low carbon footprint even though he owns a yacht but doesn’t take any vacations. Musk also sold all of his 8 houses and reduced his carbon footprint since 2018 as well. "While his personal carbon footprint is still hundreds of times higher than that of an average person, he demonstrates that the super-rich still has choices to make and can indeed lower their environmental impact if they so choose,” the anthropologists said. It is worth pointing out that the study excluded most billionaires from the Middle East and Asia. Most of the data relies on public records and does not include the emissions of companies they own. For example, emissions from Amazon or Tesla were not included as it would have “added another significant degree of complexity.” Source: The Conversation View the full article
  3. The latest social media app that has taken the online world by storm is the invite-only ‘Clubhouse’ app. The app is now amongst the other social media apps like Instagram, Facebook, Snapchat, and Twitter to be evaluated over a billion dollars in a short span of time. But what exactly is Clubhouse? and why is it so popular? Well, it's currently an invite-only audio chat app that is currently exclusively available on the iPhone and will soon launch for Android. The app is basically used for connecting with other people based on a variety of topics. You can talk about anything and everything including cryptocurrency, video games, local bands or any topic you think you want to talk about. It works like a public audio call which you can participate in as well, provided the host lets you. © unsplash To use the app, one needs to be invited and then sign up for an account. You can then search for various topics and join rooms for listening to conversations or take part in them. Rooms can be set as public or private as well. You can either just be an audience member or host one yourself on a topic that interests you. There need to be at leat two people in a room for it to be formed and can host up to a few thousand participants. Elon Musk has been using the application quite regularly to discuss a variety of topics and most recently invited Russian President Vladimir Putin for a conversation as well. On Clubhouse, users cannot post any pictures or text-based posts either. There is no direct message feature as the app only focuses on voice communications. © unsplash On Clubhouse, each room can have a host, moderator and audience members. In theory, Clubhouse works very similar to Discord albeit presented in a different format. Rooms look like a virtual panel discussion at a conference and the flow of conversation can be controlled by moderators and hosts. Moderators and hosts can allow audience members to speak when it’s their turn and in turn mute them as well. Audience members can use the “raise your hand” function to join the panel or ask questions. Panel members or moderators can then decide to allot speaking time to audience members or not. Clubhouse is now being used by stand-up comedians as well to host impromptu shows on the app. Many notable people have already joined the voice-based social media app including Mark Zuckerberg, Elon Musk and Steve Ballmer amongst others. Musk recently spoke to Robinhood CEP Vladimir Tenev about the Gamestop stock manipulation and the room had reached its 5,000 per-room limit in a matter of seconds. Since then, the app has seen millions of downloads and according to Sensor Tower, Clubhouse has already gained over 5 million new users. © unsplash Clubhouse is currently free to use and does not have any ads, however the company is planning to roll out a subscription model for creators in the future. The app is currently only accessible for iPhone users and will soon make its way to Android as well. Founders Paul Davison and ex-Google employee Rohan Seth recently said in a blog post, “Our goal was to build a social experience that felt more human — where instead of posting, you could gather with other people and talk. Our north star was to create something where you could close the app at the end of the session feeling better than you did when you opened it, because you had deepened friendships, met new people and learned.” Elon Musk seems to be enjoying his time on Clubhouse and he even teased a conversation with Kanye West. View the full article
  4. There are many shows and movies we watch where we feel that they should have never ended. This is what most of us felt after watching Bad Boy Billionaires: India that released on Netflix and showcased the traces of the rise and fall of three Billionaires. The mini-series focused on what went wrong in the lives of Kingfisher’s Vijay Mallya, famous jeweler Nirav Modi, and Sahara’s Subrata Roy. So, if you liked watching this investigative documentary series, there is a chance that you will love the below mentioned few recommendations. The Imposter This documentary is made by filmmaker Bart Layton chronicles the tale of Frederic Bourdin, who was a con artist and tricked a Texas family to believe that he was a relative who disappeared years earlier. The Inventor: Out For Blood In Silicon Valley The documentary is about America’s youngest billionaire Elizabeth Holmes who claimed to have invented the diagnostic machine that needed a only few drops of blood to run 200 tests on a person. The documentary unravels the lies and deception of someone who pulled off a scam with a blank face. Fyre: The Greatest Party That Never Happened Fyre Festival was a fraudulent luxury music festival that was organized by Billy McFarland and rapper Ja Rule. It was initially built to promote the company’s Fyre app to book music talent. But, people who attended posted pictures of badly made sandwiches which were passed off as dinner and unsafe tents which would blow off with the wind. The documentary revolves around how the festival journey from 2017 ‘luxury music festival’ promoted by online influencers and models turned into a catastrophe in the Bahamas. Love Fraud The four part mini-series revolves around the story of Richard Scott Smith who used the internet and his charms to make women prey and then finding love. The story showcases how Smith’s victims get-together to seek sweet revenge. McMillions The series is about McDonald's and how it started giving its customers monopoly coupons which could be exchanged for cash prizes. The head of the security, Jerome Jacobson, took home more than $24 million in illegal winnings. So, the mini-documentary series showcases the FBI investigations and how Jacobson pulled off an audacious fraud. View the full article
  5. While we talk about billionaires and all the money they make, we often fail to acknowledge that all this money and the empire they rule over wasn’t always there for them. It took a ton of sweat and labour to get where they are, especially because they started out with nothing at the beginning. Here are five such people who started out with nothing but went on to become billionaires through sheer will and hard work. 1. Laxmi Mittal © Twitter/ArcelorMittal Steel magnate Lakshmi Mittal was reportedly born into a humble household near Rajasthan with no electricity or clean drinking water. It took a lot for his father to set up a steel company in Kolkata, but when the Indian government put restrictions on steel production, Mittal decided to take the leap and turn his family’s fate around. At 26, he moved to Indonesia to, as BBC News once said, "established the foundations of his fortune over two decades by doing much of his business in the steel industry equivalent of a discount warehouse." He bought parts of steel companies that were in loss and transformed them into profitable ventures within a year’s time. There was no looking back after. Today he is worth more than 10.6 billion dollars. 2. Ritesh Agarwal © Twitter/techsathinp Ritesh who founded OYO Rooms at 19 and became India’s youngest millionaire at just 22 is now India’s youngest billionaire despite losing Rs 3,000 crore this year. But things weren't always so high-flying for him. Being from a small town and a family of limited means, Ritesh had taken to selling sim cards as an eighth grade student. As a grown up, he joined college only to drop out soon and launch his own venture which would help him realise his entrepreneurial dreams. What started out as a budget accomodation portal Oravel Travels in 2012, went on to become OYO Rooms in 2013 after Ritesh’s business model won the Thiel Fellowship and a grant of $100,000. Today, OYO needs no introduction, while Ritesh’s current net worth is around Rs 4,500 crore. 3. Dhirubhai Ambani © Twitter/Reliance Group Another business tycoon who showed all of India how business is done is the late Dhirubhai Ambani. Born into a simple family in Junagarh, Gujarat, Dhirubhai’s father was a village school teacher but that didn’t stop him from exploring his entrepreneurial skills while he also tried his hands at a number of odd jobs to make some extra bucks and help his family’s finances. Eventually, at the age of 16, Dhirubhai moved to Yemen to work as a gas station attendant. After having stayed there for a decade, Dhirubhai moved back to India and started his own textile company in South Mumbai which would go on to become the first office of the Reliance Commercial Corporation. The rest is history. 4. Shiv Nadar © BCCL Often called the original Make in India guy, Shiv Nadar’s journey to becoming the frontrunner in India’s IT industry needs no introduction. He was born in a small village called Moolaipozhi in Tamil Nadu but given his devotion to good education and a knack for business, Shiv Nadar was able to begin his independent venture Hindustan Computers limited from a barsati in Delhi back in 1976. With an investment of Rs 1,87,000 from a previous joint venture, he was able to expand HCL in the next four year and in 1980 ventured into the international market with the opening of Far East Computers in Singapore to sell IT hardware. It generated Rs 1 million revenue in the very first year while HCL continued to dominate the Indian market. Today the man is worth 21.5 billion dollars. 5. Byju Raveendran © Twitter/Shubham Raj At just 39, Byju has been declared one of India’s youngest billionaires by Forbes this year. The founder of the online learning app BYJU’s may have been in the news lately for bagging massive fundings to expand the company, but his life journey hadn’t been so high soaring since the beginning. Born and brought up in Azhikode village in Kerala’s Kannur district, Byju attended a Malayalam-medium school where both of his parents worked as teachers. School and college went smoothly, until Byju landed a job as an engineer abroad. It was once while he was in the country for his vacation that fellow friends and CAT aspirants discovered his easy and effective teaching skills which went on to become the BYJU’s we all know today. It’s India’s leading e-learning platform with millions of users who engage with it on a monthly basis. View the full article
  6. Forbes’ annual Rich List declaration is seen by most as a reliable touchstone when it comes to weighing the collosal wealth some of the world’s richest people have accumulated. Many dream of making it to one of the many Forbes’ list, though the Rich List is one of the most sought after. Hours ago Forbes declared its India Rich List 2020 and while there are no surprises who topped the India’s Richest Billionaire list (yes, it’s Mukesh Ambani), many people have been amazed by the names that featured on Forbes’ Youngest Indian Billionaires' list. 1. Byju Raveendran © Twitter/Shubham Raj At just 39, Byju is the youngest billionaire on the list this year with $3.08 billion cumulative wealth to his name along with his wife Divya Gokulnath. The founder of online learning app BYJU’s has been in the news lately for wooing strong investors and bagging massive fundings to expand the company's services and reach. 2. Vijay Shekhar Sharma © BCCL 42-year-old Vijay Shekhar Sharma, the founder of online payment app Paytm, is the second-youngest billionaire with $2.35 billion wealth. Vijay recently made headlines when he announced that Paytm will set up a Rs 10 crore equity investment fund for mini-app developers in India. 3. Acharya Balkrishna © patanjaliresearchinstitute Patanjali’s Chairman Acharya Balkrishna is the third youngest billionaire with personal wealth of $2.22 billion. It is reported that he has amassed such a massive amount through his work and position at Patanjali Ayurved where he owns the bulk of the privately held company. 4. Vikas Oberoi © BCCL With a $1.6 billion net worth, property magnate Vikas Oberoi is the fourth-youngest billionaire on the list at 50. He runs the Mumbai-based Oberoi Realty, and reportedly owns a Westin hotel in the Mumbai suburbs. It is also said that Vikas is building the city's first Ritz-Carlton hotel and residences. 5. Sridhar Vembu & Siblings © TOI At 52, Sridhar Vembu is the fifth-youngest billionaire with a net worth of $2.44 billion. CEO of Zoho, which makes cloud-based business software, Sridhar owns a majority stake in the company with his siblings. Currently, his company boasts of 50 million users worldwide. View the full article
  7. Sometimes in order to look for some real-life inspiration and motivation to do big in life, one needs to look away from the Bollywood crowd of star kids or big names in the world who are an heir to an ocean of wealth awaiting their reign. Not everyone is born with a silver spoon and therefore, there is a strong magnetic force in the stories of some real life self-made people who fight all odds to make it big in life. Here are 7 self-made Indian billionaires under the age of 40 who are a source of inspiration to every millennial out there: 1. Ritesh AgarwalRitesh is only 25 years of age but is already a prime example of a successful, self-made millennial. Oyo Hotels is worldâs third largest growing chain of hotels and is showing no sign of stopping. His net worth is around Rs 7,500 crore. © Twitter 2. Nikhil & Nitin KamathThese two brothers aged 33 and 39, respectively are the brains behind Zerodha, an Indian financial service company which offers trading and financial services. Thein combined net worth is over Rs 11,000 crore. © Twitter © Twitter 3. Bhavish Agarwal34-year-old Bhavish is someone the country can thank for introducing Ola in India, a direct competition to Uber. The brilliant idea of Ola cabs came to the founder on a journey from Bangalore to Bandipur when he rented a taxi and had the terrible experience at the hand of the driver. He eventually decided to make use of this problem and find a feasible solution for it. His net worth is around Rs 3,100 crore. © BCCL 4. Sachin And Binny BansalWhen the country was still trying to understand the nuances of internet, these two geniuses decided to launch Flipkart and change the way people shopped in the country. With a combined net worth of over Rs 17,100 crore, these guys are a major source of inspiration. © Twitter 5. Riju RavindranHe is the brain behind Byjuâs, a learning app for students, which is already a big hit in the country. He is valued at over Rs 3,600 crore. © yourstory The figures of their net worth are in tow with the IIFL WEALTH/HURUN rich list. So in case you feel like the job you are stuck with is not enough for you or your dreams are bigger than the salary you draw, then let these people inspire you to think of a few ideas today. View the full article
  8. They say money can't buy happiness, and there is no denying that it's true. But money can buy things which brings a strange pleasure to those who seek it. Be it for the happiness of our family, or personal satisfaction, we sometimes don't mind spending money on things that do not make sense but bring us pleasure. However, while most of us can only afford to spend our hard-earned money on senseless stuff only once in a while when the temptation becomes too difficult to ignore, the billionaires of this world do not have such obligations. Given the amount of money that sits in their bank accounts, they can choose to spend their millions and billions in the most unnecessary and senseless ways, without giving it a second thought. © Twitter A few hours ago, news broke that the world's richest man Jeff Bezos spent rupees 1.25 crore on bulletproof panels for his Seattle office. The inch-and-a-half thick fibreglass panels were chosen because they can reportedly withstand shots from military assault rifles. What's more, it is being said that Amazon spends over 11 crore rupees on Bezos' security annually. Now, we understand that the man needs protection, but that's a whole lot of money to spend on an individual's personal security. But this isn't all, we list down 5 other world billionaires who decided to go ahead and spend their money in even stranger ways. 1. Bill Gates © Twitter Bill Gates is a great admirer of Leonardo da Vinci and maybe that is the only explanation as to why he chose to spend over 30 million dollars on the old man's journal. Back in 1994, Microsoft founder Gates spent 30.8 million dollars to gain the ownership of the Codex Leicester. It is a 72-page manuscript compiled by da Vinci compiled in the early 16th century and features the master polymath's diagrams, writings, sketches and ideas for future inventions. 2. Mukesh Ambani © Twitter India's richest man and industrial magnate, Mukesh Ambani owns more money than we can count. With a net worth of 5,530 crore dollars, he sure built a house that speaks money. Mukesh Ambani spend 1 billion dollars to build the most expensive home in the world! A 27-storey skyscraper that stretches across 400,000-square-foot, it comes with a helipad and six-level underground parking. What's more, reportedly it also has a ballroom, a 50-seat theatre and nine elevators in the lobby alone, and requires around 600 staff to maintain the place. And all that for a family of six, that stays in the mansion at a given time. 3. Jocelyn Wildenstein's Plastic Surgeries © Twitter A well-known Swiss socialite, Wildenstein always waded in money. However, things only got bigger and crazier after she received 2.5 billion dollars as a divorce settlement. Wildenstein, who is now in her late 70s, had been spending millions, almost excessively and obsessively, on plastic surgery. According to a Mirror report, Wildenstein has spent over 27 crores on her decade-long surgeries. 4. Elon Musk © Twitter Tesla and SpaceX founder, Elon Musk is known for his eccentricity. For the man whose brain led to the inception of the Hyperloop tunnel, it only makes sense that he fancies “different” methods of personal transportation. Back in 2013, Musk acquired the Lotus Esprit submarine car of James Bond's glory, from 'The Spy Who Loved Me' and reportedly, he had to cough out almost 1 million dollars for the car which was found in a storage shed of a junk collector. 5. Hassanal Bolkiah © Twitter Known as the infamous Sultan of Brunei, Bolkiah probably got the most expensive haircut in the world. Reportedly, the Sultan flies in a barber from London and pays him around 19,000 US dollars for a single haircut. Not only that, but the Sultan also takes care of the barber's accommodation and other requirements. That's some kind of job to have, no?
  9. The Bugatti Veyron is probably the most beautiful car I have ever seen in my life. Everyone is entitled to their opinion on this subject but you aren't going to change mine. Well, at least that's what I thought until I came across the Karlmann King. If you thought Brock Lesnar was a beast, just lay your eyes on this monster. © Karlmann King As the Fast & Furious franchise has taught us, if you want to drive on ice, there's always one guy who's going to choose a Lamborghini. But, if there was a Karlmann King in that government warehouse, I'm not just willing to bet that Tyrese would forget the Lamborghini, I'm pretty sure The Rock would forget his “Ice Ram” too. © Karlmann King This SUV has been built to withstand temperatures ranging from -40 degrees all the way to 200 degrees. With the temperatures nearing 50 degrees during Delhi summers, this is the SUV you would want to drive. Since we're talking numbers, let's talk about the top speed of this truck, 140 kmph. Now that's not eye-catching, is it? It's not meant to be. This truck is built to conquer, not run away. © Karlmann King I know I keep bringing up zombie apocalypses and some people may find this level of dystopic fictionalising (not my words) boring, but if there ever was one, boy would you wish you had a Karlmann King standing in your driveway. Hell, Donald Trump is President right now, so never say never. © Karlmann King The vehicle is made from carbon fibre and steel. It weighs a whopping 4.5 tonnes with an optional 1.5 tonne bulletproof chassis on offer for those who want some added protection. Unfortunately, you and I are probably never going to see one. There's very little chance this 8.2 feet wide behemoth will come to India (That's a good thing too considering most roads aren't even 8.2 feet wide :P). © Karlmann King As for the interior, it is fully customizable which means your Karlmann King (and I do say your considering you're one of the few billionaires who can buy it) will be like no other. So, even if your billionaire friend drives up alongside you in his Karlmann, you'll still be sitting in a one-of-a-kind car. © Karlmann King Now, on to the most important question on most of your minds right now, why can't most billionaires afford this fabulous piece of machinery? 14 cr seems like pocket change for guys like Jeff Bezos who, we're sure, clear millions on a daily basis. Unfortunately, just 9 of these cars are slated for manufacture. That means not more than 9 of the 2200+ billionaires in the world will be able to buy it. If you're a billionaire (yes, we're hoping MensXP is your preferred brand for all things lifestyle), you better start making phone calls or you'll have no option but to go for a Rezvani Tank instead. And let's be real, even that tank isn't as cool as the Karlmann King. Just look at it:
  10. When you think of billionaires, you probably count the obvious names like Mukesh Ambani, or Bill Gates, right? Okay, but are you aware of the fact that not all billionaires make it to the headlines of newspapers or even live flashy lives in public? While we struggle to not show our ID cards when we try to get drinks at a bar (because most of us are not even 25), the youngest billionaires in the world are actually under the age of 25! Here are three young names from the millennial world who are richer than we ever will be: Alexandra Andresen, 21 and Katharina Andresen (Norway)- Net worth: $1.4 BILLION Both the sisters are heirs to their family's company 'Ferd'. Both of them hold a stake of 42% each in their family owned business and yet live very modest lives. Andresen's father, Johan, runs the company currently, and 'Ferd' is even listed on the Nordic stock exchange. Katharina was an intern at Ernst & Young and Alexandra competes as an equestrian. The Ferd ownersðªð» Photo by: Frédéric Boudin A post shared by Alexandra (@alexandraandresen) on Jan 13, 2016 at 6:10am PST We were invited into the home of one of the girls in the village and dressed up from head to toe! So gratful for the hospitality, Mumalâ¤ï¸ A post shared by Alexandra (@alexandraandresen) on Dec 6, 2016 at 8:25pm PST Gustav Magnar Witzoe, 24 (Norway)- Net Worth : $1.9 BILLION He might be just 24 years of age, but he is the heir of 'Salmar ASA', one of the world's largest salmon producers. The company was founded by his father Gustav Witzoe in 1991. Gustav was gifted his stake in 2013. He takes keen interest in the family business but dabbles in property investment as well. ðð A post shared by Gustav Magnar Witzøe (@guswitzoe) on Jan 13, 2018 at 7:05am PST âªï¸â«ï¸ A post shared by Gustav Magnar Witzøe (@guswitzoe) on May 14, 2017 at 10:46am PDT Besides them, in the under-30 category, is Evan Spiegel, who is Snapchat's founder and has an estimated value of $4.3 billion. All four of these names made it to the Forbe's list for 2018. I feel very poor writing this out but anyway, going to spend some time stalking their social media feed and fan my faded vanity.
  11. According to Forbes latest list of billionaires in the world, the number has set a new record in history. This number was 2,043 in 2017 and has now touched to 2,208 in 2018. According to Forbes' annual ranking of the world's billionaires, published on Tuesday, 67 percent (1490) of the world's billionaires are self-made billionaires. © Reuters Here are the top 5 billionaires in the world as of 2018: Amazon founder Jeff Bezos tops the chart as the richest person in the world with a net worth of $112 billion, up $39.2 billion from 2017, which is also the biggest one-year gain ever. Microsoft co-founder Bill Gates was ranked as the second richest person in the world with a net worth of $90 billion. If you remember the Microsoft co-founder dropped to the second position who has remained on the top for 18 times in the last 24 years. Warren Buffett secured the number 3 spot with a total worth of $84 billion. Bernard Arnault, the Chief Executive Officer of LVMH, the world's largest luxury-goods company jumped to number 4 with a total fortune of $72 billion. Facebook founder Mark Zuckerberg was ranked on the 5th position, with a net worth of $71 billion. Other notable personalities in the top 20 list: There were only two women in the top 20 list. Alice Louise Walton, the daughter of Wal-Mart founder Sam Walton secured the 16th position with a total fortune of $46 billion and Françoise Bettencourt Meyers & family, heiress of L'Oréal secured the 18th position with a total net worth of $42.2 billion. © Reuters Mukesh Ambani secured the 19th position with a total net worth of $40.1 billion and is the only Indian in top 20. © Reuters Ma Huateng, the CEO of Tencent and Jack Ma, the co-founder of Alibaba Group secured the 17th and 20th position respectively. © Reuters President of America, Donald Trump has a net worth of $3.1 billion and has been ranked as No. 766, who was at No. 544 in 2017. This is what Forbes and other billionaires in the world have to say about the list. According to Forbes, "The superrich continue to get richer, widening the gap between them and everyone else." Melinda Gates has said again and before, "No, it's not fair that we have so much wealth when billions of others have so little. And it's not fair that our wealth opens doors that are closed to most people." Billionaire investor, Warren Buffett shared his views as “This has been a prosperity that's been disproportionately rewarding to the people on top. The economy is doing well, but all Americans aren't doing well."
  12. Are all of us that masochistic that we love to look at how rich everyone is, and are very interested to know the net worth of all these rich people while we're going broke? What kind of twisted logic we have? Whatever the case may be, we always want to know who's the richest person in the world and Forbes is so kind, it provides us with just the exact same information. The 2018 ranking is here, and let's all of us go through how much people like Jeff Bezos and Bill Gates are worth together, because misery loves company. If you want to intensify the pain even more, just look at your bank balance once before proceeding. Let's begin. On the top, we obviously have Jeff Bezos, founder, chairman, and CEO of Amazon, who's worth $112 Billion. Actually wait, let's write the whole thing for a better impact. It's $112,000,000,000. Wow man, so many zeroes. Just imagine that even if we remove a couple of those zeroes, he'll still have more money than any of us would ever earn in our lives. Jeff Bezos, you da man! Will you be my Glucose Guardian? © Reuters Now, let's open the second position gate for Bill Gates, and he doesn't need any introductions, but let's just say he's a little soft, one might say he's micro soft. Side note – if I was paid for puns, I would probably be as rich as Billy here. Not that far behind Jeff, Bill Gates is worth $90 billion. © Reuters Well, then Mark Zuckerberg comes in at number five with the net worth of $71 billion. © Reuters But, let's now move a little close to home. The richest person in India is, as expected, Mukesh Ambani, who comes in at number 19 on the list and is worth $40.1 billion. © Reuters Well, there's more good news for Indians! According to the list, there are 121 billionaires in the country, which is 19 more than last year. But wait, there's more! India also has the third largest group of the ultra-rich, right after US, with 585 and China, with 373. One more important pepeoplerson on the list that we cannot miss is obviously Donald Trump. Even though he is a part of this elite group, he did see his fortune sink by about $400 million to $3.1 billion during his first year in office. © Reuters Let's continue our education about the rich people. This was the first time that Jeff Bezos took the top spot in the list and the coolest part is that he did not just claim the first position, he also became the first person to break the $100 billion barrier. You can check out the whole list here.
  13. Like most Indians, I know Nirav Modi as the fancy store we never enter, but only admire for its stylish décor. The first time I got acquainted with the name was on a regular weekend outing at a fancy mall. As I gazed at the store trying not to look too middle class, I wondered what goes on in the lives of those who run empires like these. © Twitter_Wolf Design When news about the Rs 11,400-crore scam as alleged by PNB against Nirav Modi broke, the ordinary Indian who works overtime to afford a gold chain must have felt cheated. Turns out the rich and famous are not as flawless as their velvet gowns and Italian tuxes. Who is Nirav Modi, beyond the fancy boutiques? There's nothing better than controversy to pique curiosity. Turns out Nirav Modi was born not with a silver, but with a diamond spoon. He grew up in Antwerp, known as the diamond capital of the world, in a successful diamond business family. His maternal uncle Mehul Choksi was the chairman of Gitanjali Gems Ltd., where Nirav would go on to work for 9 years polishing his rough-cut diamond. Surrounded by skilled businessmen in the field, Modi learnt the trade from within. No one knew that the soft-spoken young man, who initially wanted to be a music conductor, would go on to become a top internationally-renowned jewellery designer and diamond honcho. People also didn't know that he would be at the centre of a multi-billion fraud involving one of India's biggest banks. © Twitter_TOI Much has been talked about his lavish lifestyle, a side-effect of being a billionaire. From the most advanced music systems to swanky beetle cars, Nirav is known for his expensive taste. Last November, he is said to have thrown a party at Four Seasons that hosted meals by three-star Michelin chef Massimo Bottura, whose restaurant Osteria Francescana was listed as one of the best 50 restaurants in the world. © Twitter_Sapan Verma Though he founded his company Firestar in 1999, he ventured into jewellery designing only in 2009, when on a friend's request, he designed a pair of diamond earrings. There was no looking back. In 2010, he became the first Indian to get featured on the cover of Christie's catalogue. This was for a Golconda diamond necklace which was eventually auctioned at a whopping $3.56 million. Another necklace called the Riviere of Perfection fetched $5.1 million at an auction by Sotheby's. The year also saw Nirav Modi becoming a brand. Nirav was moving ahead at an unbelievable speed and his jewellery began to be flaunted by international celebrities, that included Kate Winslet, Naomi Watts, Rosie Huntington-Whiteley. He set up showrooms in London, Beijing, Hong Kong and Delhi. In 2017, he was featured on Forbes's list of world's billionaires at 1,234 rank. The who's who of India's rich and wealthy was flanking Nirav Modi to buy their diamonds. © BCCL Not many knew there was a multi-billion crore scam brewing underneath the shine of the diamonds. The empire had already fallen under the scanner and enquiry into its dealings with the banks was underway. On 29 January 2018, PNB filed a complaint with the CBI for a Rs 280-crore fraud against Solar Exports, Stellar Diamonds and Diamonds R US, companies owned by Nirav Modi. By February 14, the figure had raised to Rs 11,300 crore. The companies were accused of obtaining Letters of Undertaking from PNB without paying up the margin amount against loans, which meant that if Modi failed to pay up the loan, PNB was liable to pay instead. Nirav Modi, along with his wife, brother and uncle Mehul Choksi left India in the first week of January itself. Meanwhile, the case is being investigated. While more details about the case emerge, the Indian middle class man, who is still working overtime to buy a new bike, remains frustrated.
  14. The financial capital of the country, Mumbai is also now the 12th richest city in the world. As per the New World Wealth report, Mumbai is at number 12 and houses 28 billionaires with the total wealth amounting to some $950 billion! © Twitter Mumbai is followed by Toronto which accounts for a total wealth of $944 billion, then Frankfurt ($912 billion) and Paris ($860 billion). The wealth is calculated on the private wealth of individuals that includes their wealth, shares and assets. Mumbai being on the list actually makes sense since the Ambanis reside in the city. © Twitter The report states that “Mumbai is the economic hub of India. It is also home to the Bombay Stock Exchange, the 12th largest stock exchange in the world. Major industries in the city include financial services, real estate and media." New York tops the list with $3 trillion followed by London on second rank with an estimated wealth of $2.7 trillion followed by Tokyo on the 3rd rank. Besides these, Shanghai, San Francisco and Sydney also made it to the list.
  15. Tell me, how many great people do you know who are changing the world or did so in the past? I hope you can come up with a list. The next question is how did they achieve it? Did someone guide them? It seems practically impossible for a person to be tutored by a mentor all his life but still, there are people who seem to have abundant knowledge on several different subjects and are very successful. When you listen to their speeches they seem full of wisdom and knowledge. It is a well-known fact that Elon Musk has been a bookworm all his life and people like Bill Gates, Warren Buffett, and Mark Zuckerberg keep sharing lists of the best books they've read during the year. They read a lot and they do it consistently. Either it is fiction or something about the upcoming economic trends, they simply read what excites them and what seems important. © Gates Notes Now, we know it is not always possible for the common man to personally meet Jack Ma or learn priceless life lessons from the Dalai Lama in person but one surely can read a book on them. That is always a good idea. Steve Jobs is not around anymore but there are a ton of books about him and his extraordinary life and achievements. So, you see, you do not need to be dependent on schools to make you smarter because there is a pool of knowledge contained in a ton of books which you can learn from. Well, if you are still hungry to learn and make it big in life here are few tips for you: © bookstr 1. Treat your books like the ultimate mentor. With Amazon, it has become very easy to pick a book of your choice these days. When buying a book, you can think of it as the payback you give to your mentor. It is also wise to invest in things that will help you grow in your career. When you read multiple books, you will get more ideas which you can correlate to and thus become more creative in your work. 2. Read them multiple times. You may not grasp it all at once so it is important to read a book more than once. You can look at them as the friend you meet every day. 3. Read one book a week. Mark Zuckerberg follows this rule and many other successful people do it too. It makes you more consistent. The more you read, the better you get at reading and your appetite for consuming more and more knowledge increases. 4. Embrace doing things that seem like difficult tasks. We are not saying it will be an easy start. Your current habits will come as a distraction to you. Start with practicing things which will help you strengthen your willpower. It could be being consistent with your workout or not skipping a bath even if it is cold outside. This way you will boost your self-confidence and have better chances of doing what you really want to do. For a start, you can choose from 5 books that Bill Gates read in 2017. Happy reading!
  16. They say you can not buy happiness with money but are wealthy people sad and unhappy? It sure does not look like it. These super rich entrepreneurs sure tried their hand at buying happiness with their enormous wealth. And, this essentially proves that money is not the only source of happiness but happiness is surely a byproduct of money. These billionaire founders look for a reason to spend their money on the things they personally feel strongly about. Here is a list of the most outrageous things that have ever been bought by the billionaires to check an item off of their wishlist. 1. Tesla and SpaceX founder Elon Musk bought James Bond's submarine car in 2013 for $866,000. © ecomento This modified Lotus Esprit was featured in the 10th James Bond movie (1977) 'The Spy Who Loved Me' where it could be converted to a submarine. Now, Elon is working on creating a modern version of this classic so that we, the public, can actually experience. Of course, only if Elon keeps it affordable enough for us to buy one. 2. Amazon founder and also the richest man in history, Jeff Bezos bought a textile museum in 2016 for $23 million. © simplyyourbestmove Now, he is reportedly working on converting the Washington D.C. structure into a single-family home. Do you know who his new neighbors are? They are Barack Obama and Ivanka Trump. Yep! 3. Oracle co-founder Larry Ellison, who is also among the world's top 10 richest people in the world, bought his own private paradise in 2012. © YouTube/PhanKinz He bought this beautiful piece of Hawaii also known as Lanai Island for $300 million. Also, if you wish to spend a night over in that heaven you will need to spend at least $1,350 a night! 4. Microsoft's other co-founder, Paul Allen is fond of collecting World War II memorabilia. © HistoryGarage If you have not come across this then let us tell you that since the early 90's Paul Allen has bought more than 31 WW2 aircrafts. He has now further expanded his collection to other types of military vehicles like tanks and trucks as well. These vehicles are open for public viewing in the New Flying Heritage and Combat Armor Museum. 5. Venus is a superyacht designed by Philippe Starck's design company Ubik and was built by Feadship for the entrepreneur Steve Jobs. © superyachts.agent4star Though Steve Jobs died in October 2011 due to prolonged pancreatic cancer, the yacht was unveiled a year later at a cost of more than €100 million. 6. Microsoft's founder, Bill Gates spent $30. 8 million to buy the Codex Leicester, a collection of famous scientific writings by Leonardo da Vinci. © Imgur He bought it in 1994 and he loans it to various museums around the world for display. 7. The creator of the Star of the Star Wars series, George Lucas, owns his very own fire department. © Firehouse They are just a call away from his Skywalker Ranch in California.
  17. If you have watched 'The Social Network' that traced the origins and the back story of everyone's favourite Facebook, then you'd recognise the twins who sued Zuckerberg for stealing their idea of a social media platform. Rings a bell? They are making headlines again and this time it has got nothing to do with Zuckerberg actually. The Winklevoss twins have been declared the world's first bitcoin billionaires. © Twitter The bitcoin bubble and the world of the cryptocurrency is full of dark secrets, but it is no secret that people are minting money from this investment. The twins invested their settlement money and invested around $11m (£8m) bet on the cryptocurrency four years ago. Their combined worth is now more than a whopping $1bn! Cameron and Tyler Winklevoss attended Harvard together and claimed that Zuckerberg stole their idea of 'Harvard Connect' which went up to becoming Facebook. The twins have even represented the US in rowing in the Beijing Olympics. © Twitter Their billionaire status is being debated on the internet as many believe that they already exist. I'm positive that there are several billionaire #bitcoin holders but The Telegraph reports Winklevoss twins have become first bitcoin billionaires. pic.twitter.com/J92cICJLd3 — Joseph Young (@iamjosephyoung) December 3, 2017 However, they are surely the first 'known' bitcoin billionaires in the public eye. With their current growth, they are estimated to get richer that Zuckerberg! But that is a risky affair though.
  18. In a world of automobile rarities, the Hyperion has got to be the rarest of them all. We've got good reason to be saying this, but in order to believe us, you've first got to take a look at the Rolls Royce marque. It'll come across as odd. When you look at its front fascia, starting with its bold nose complete with a shiny grille, it will fill you up with anticipation of what the rest of the vehicle has in store for you, but... the grandeur of the vehicle would come to an abrupt end, with its short rear end. It's like cutting a stretch limo in half, you're left wondering, "where did the rest of the car go?" That's probably what makes it so rare, its bewildering aesthetic, apart from the obviousness of it being the only car of its kind. We're not complaining, just surprised at the design that is visibly reminiscent of the automobile maker's celebrated Phantom Drophead series, left somewhat incomplete.. © Phantom Drophead Coupe/Wiki Commons Yes, the design of the roadster borrows heavily from Rolls Royce's 2007 Phantom Drophead Coupe, a rather elegant 2+2 seater vehicle, finished with an elaborate front and rear. In order to keep it as close to the Drophead's signature vintage design and keep it light on its wheels, the vehicle retained the bonnet from the Drophead but chopped off the tail (naturally, making the Hyperion a two-seater). © Pininfarina They even redesigned the retractible top in order to make it fold easily into wood veneer cover. Another element that added greatly to the Hyperion's agility was giving it a carbon fibre body work. © Pininfarina The interiors of the car are laden with wood veneer work, from the dash to the doors. The car gets plush leather seats in creme and a more luxurious made-to-order Girard-Perregaux watch that "can be removed from the facia and worn" on the wrist if an occasion calls for it-- some pretty neat thinking there! © Pininfarina What about the power specs? Well, the Hyperion, which is aptly named after a Titan from Greek Mythology, packs some real power under its hood. A 6.7 litre V12 litre engine that can pump 435hp is what makes it an all-round performer. The vehicle can attain a top speed of 250kmph and it can go from 0-100kmph in 5.6 seconds. © Pininfarina So what's the price tag on the Rolls Royce Hyperion? Nearly Rs 15.3 crore... what? Of course, it's a Rolls Royce, what were you expecting? And it's not just a Rolls Royce, it's a custom-made Rolls Royce that was designed in collab with the Italian automobile design and coachbuilding house, Pininfarina, you know, the guys that gave some of the most incredible Ferraris their signature aesthetics. (Knowledge nugget-- the design house was bought over by the Mahindra Group in 2015.) The Hyperion was first seen at the 2008 Pebble Beach Concours d'Elegance, a prestigious charitable event for custom made cars, held annually in Pebble Beach, California, and there's no denying that it stole the show. Much like the Sweptail, it's the only car of it's kind ever made and to Pininfarina, the Hyperion came as an idea for "a custom-built car that revives the appeal of these historical cars of the Thirties". Guess it is safe to say that albeit in a peculiar way, the Hyperion maintains that aesthetic.
  19. A few days ago, the most expensive car in the world was the Koenigsegg CCXR Trevita at $4.8 million or INR 31 crores. Here's Jay Leno talking about his Trevita: We say ‘was’ because on the 27th of May, everything changed. Rolls-Royce released the Rolls-Royce Sweptail, a one-of-a-kind car, inspired by their coaches from the 20s and 30s. How much does it cost? A whopping $12.8 million or INR 83 crores. That's more than what all of us together earn in a financial year. What makes it so special? Well, the name for one. What else? Check out this video: The car is a custom-made two-seat coupe with a panoramic glass sunroof. It has the classic 'Swept Tail' look which is where it gets its name from too. In the words of the CEO of Rolls-Royce Motor Cars, Torsten Muller-Otvos, "Sweptail is a truly magnificent car. It exudes the romance of travel for its own sake, and immediately places 'Sweptail' in the pantheon of the world's great intercontinental tourers." © Rolls-Royce Motor Cars Press Club If you are a billionaire and follow MensXP (we're sure there are a couple of you), you're probably making calls trying to place an order for one right now. Unfortunately, you won't be able to get your hands on the Sweptail. No, it's not because you don't meet the 'Rolls-Royce Standard.' It's because they made just one, to-order, for an undisclosed client. It is one-of-a-kind. Perhaps it's time you got your own custom-made Rolls-Royce? © Rolls-Royce Motor Cars Press Club For the rest of us, this video is probably as close as we're ever going to get to the actual car. Yes, it looks just as good in real-life as it did in the reveal trailer above:
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