Posted on January 15, 2009 - by Mayank Chandak
Anil Tops the list of biggest financial losers
Well, Indian are very much on top of every list around here in the world, Literally. Be it the richest people, Forbes, fortune 500, most influential people, genius scientists, doing funny stuff and much everything else. But this time also, an Indian has done it, but unfortunately nothing to be proud of. Anil Ambani has made it to the top of the list of biggest losers in this recent meltdown. According to the article i stumbled across, anil ambani is the biggest loser with $30 Billion (sigh!!) lost in a financial year. His net worth down to $12m from $42m last March. He’s a very capable guy so he’ll make it up to his reputation. With so many Companies in his command, this guy is sure to rise, no-matter-what. Check the article here.
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Well I’m not really that into the financial aspects of the world but by what I remember, India, should be one of the least affected by the recession when compared to the US, Japan etc
There’s no doubt that the Indian stock market has crashed but shouldn’t owners of American companies such as Bill Gates or Warren Buffet have suffered much more?