Born Rich
January 7, 2013 Leave a comment
I tumbled on this title this evening and watched it after dinner.
The documentary is just about an hour long and I think its well worth watching.Do watch it if you haven’t seen it before.You will come away with much to think about.
As you sit though the documentary,you will identify with some of the things these 20 somethings say and be alienated by others.You will like some of the kids featured and dislike others.But how were we all at 20?I was no such heiress but I certainly have memories of poor behaviour and intemperate speech I cringe at today. Read more of this post
If you think that wearing gold shirts and nail polish that costs tens of thousands of dollars is the height of wanton consumption there is more:
Press your right hand’s thumb away from other fingers. If your thumb bends down easily and there are a lot of gaps between the fingers, then you are supposed to spend money easily or money slips away from you fast. [Fig 1]
The Indira Gandhi administration threw open the doors of PFY (polyester filament yarn) manufacturing to the private sector in early 1980. Dhirubhai Ambani applied for a license to set up PFY manufacturing plant. In spite of stiff competition from Tatas, Birlas and 43 others, Dhirubhai was awarded the licence.To help him build the PFY plant, Dhirubhai pulled his eldest son Mukesh out of Stanford where he was studying for his MBA and dropped the untried, untested twenty-four year-old chemical engineer from Bombay University into the deep end. 
wealthymatters 