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Exhibition Of The Works Of The Grandmasters Of The Flemish Baroque School


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This November, in a first-of-its-kind exhibition, Indians will get to see the original works of grandmasters from the Flemish Baroque School of the 16th and 17th century, at the Chatrapati Shivaji Maharaj Vastu Sanghralaya, formerly the Prince of Wales Museum ,courtesy the Port of Antwerp Authority, along with the Royal Antwerp Museum of Fine Art, the City of Antwerp and the Belgian Federal government .So go ahead and enter this exhibition into your schedule!

In the 16th and 17th century, Antwerp was the hub of the flourishing art industry of a prosperous Spanish empire, and generated painters like Rubens who ran large commercial enterprises and studios, churning out commissions and employing a number of students and artists.

Other than Peter Paul Rubens,the exhibition will feature the works of Anthony Van Dyck, Jacob Jordaens ,Jan Breughel, Jan Cossiers, David Teniers and — a relatively obscure by global standards Michaelina Wautier, the only woman in the show. 28 selected masterpieces as well as 20-odd etchings and prints will be part of the exhibition.  Read more of this post

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Savitri Jindal’s Assets


wealthymatters.comHave you ever wondered about the assets of the really wealthy?Personally I have always been interested in knowing just where wealthy people have their money.My take is that wealthy people didn’t get that way or don’t stay that way without knowing a thing or two about keeping and growing their money safely.That is why I was interested when I came across her statement, given before the returning officer, while filing her nomination papers in 2009 for the Haryana Legislative Assembly elections.

Savitri Jindal is India’s richest woman. She is the widow of the late O.P.Jindal.In her statement given before the returning officer,Savitri Jindal states that she has moveable property worth Rs 17.75 crore and immovable property worth Rs 25.94 crore.I think it’s interesting to see how much of her money she has in a liquid form.Compare this to our asset allocation.Most of us are bound to have most of our money stuck in our houses.A house is a necessity, but it makes sense to acquire one’s fortune and then splurge on fancy houses rather than try to become wealthy by sinking money in our homes.

Savitri Jindal does not own a car.I think this lady shows us women a way out of owning a depreciating asset-claim you don’t drive.Having a car at one’s disposal is good but owning it might not be so wise wealth-wise.Keep the luxury car purchases for after you reach the stage of acquiring luxury homes. Read more of this post

Bernard Arnault On Combining Aesthetics and Business


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On What Do India’s Wealthy Spend Their Money?


wealthymattersWhat do India’s wealthy like to buy with their buckets of money?

Customized holiday packages, luxury watches, diamonds and jewelry, and home electronics (including fancy mobiles and high-end cameras) — in that order.They buy luxury cars, too, but not Ferraris and Lamborghinis as one would expect. More like Honda and Toyota, according to the study conducted by Kotak Wealth Management and rating and research firm Crisil Ltd.The wealthy here are defined as households with a minimum average net worth of 250 million rupees ($5.6 million) for the financial year ended March 31, 2011.

Researchers interviewed 150 super-wealthy individuals in India’s major cities of Mumbai, Delhi and Bangalore, and others like Hyderabad, Ahmedabad and Chennai to put together the study. Senior personnel at major global luxury brands, art gallery owners, product dealers and industry body representatives were also interviewed. Read more of this post

Carlos Slim Helu


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Carlos Slim Helu might have made it to the top of the Forbes List the second time in running but he is hardly known in India.Other than a few brief news pieces there has hardly been anything written about him in the Indian Press.

Now here is a man from an emerging economy who has made it to the top of the world rich list.The first to have done so.

His parents were successful in trade and business and so his family was well to do.But he multiplied the family fortune manifold by his own efforts.He was the 5th of 6 children and his father died when he was just 13 years old.However even before that his father gave him a good grounding in business skills especially in book keeping.Carlos made his first investment on his own in government bonds when he turned 13.  Read more of this post

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