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Emerging markets billionaire...with dubious background
Let’s just say I knew an old money industrialist in Bombay many years ago. Ambani’s father had rolled up the textile industry and was gunning for the industrialist who didn’t flinch at Ambani’s strong arm tactics. Well, Ambani senior put a contract out for the man’s life. Retired gentleman from her majesty’s service came in to keep an eye on things.
Yes, the Ambanis May have a had little business acumen, but most of it is bribery and corruption. You grease the right politicians and everybody is happy. This guy’s brother is a billionaire but claiming bankruptcy as a consortium of Chinese lenders are calling in their loans.
And then there are the children. The guy’s son “allegedly” ran over and killed 2 people. Witnesses had the car registration. Son is flown off to Switzerland on a Boeing Business Jet within 8 hours. One of the chauffeurs in the family garage gets paid to go to jail.
It’s not about being rich in a country with poverty. Why is the US any different. I’m doing ok with nice watches and stuff but 40% of the population doesn’t have $400 for an emergency. That worries me. It doesn’t make me feel rich. It make me feel uneasy. Structural problems everywhere. But at least this country wasn’t as corrupt (3 years ago) as countries with mafia-business practices like all the countries who’s names shall not be mentioned. Ambani is no different than an Eastern European oligarch.
But hey, what do I know. Let’s just stick with the sanitized rags to riches backstory.
Post by Pun
A typical Pun subject . Another friend was faster. The richest man in a country were so many people live in poverty. I hope poverty wil disappear, and everybody happy.
It wouldn’t seem a Patek or any very sophisticated watch, but I can totally be wrong from these pictures...
I asked Googke Lens and he seems even more confused: he suggests a Patek 5320 (certainly not!), two Hamiltons or a Tissot!😂😇 ...
lol...i'm happy the eyes of the purists are better than the AI of google ;-)
certainly not any of those
He is just an Indian businessman who makes huge money through connections in high places.
There is a huge difference between a businessman and an industrialist. A businessman cares for his profit whereas an industrialist helps the economy of nation. I can say that Ratan Tata likes are the people who help Indian economy to uplift the poors.
Emerging markets billionaire...with dubious background
Let’s just say I knew an old money industrialist in Bombay many years ago. Ambani’s father had rolled up the textile industry and was gunning for the industrialist who didn’t flinch at Ambani’s strong arm tactics. Well, Ambani senior put a contract out fo...
I agree.
The same peddling, lobbying and influence greases big business everywhere, whether we like it or not. I didn't mean to get a morality thread started here. If he's what you say he is, he will hopefully have his reckoning eventually.
You seem to know a lot sir!
I pray the world to be a better place for next generation..
