What's new

Top Ten Richest Peoples on Earth

whatever some one says , i have seen the so called socialism and right now am also seeing the condition of india where these super rich people reside...i like the second condition just for the sake of opportunities they are creating in process of making money for themselves and for all the share holders ..love it or, hate it india will continue to pour millionaires and also try its best to eradicate its poverty..SHUBH RATRI
 
.
India is not a command economy but a market economy. In market economies unnatural accumulation of wealth exists. Moreover democratic system further worsens the income disparities.

Any way the golden rule is “Wealth has to exist before wealth is distributed”.

Do you think Japanese economy is command one?

There are twist/monoply market economy and equal competition/anti-trust market economy.

Japanese and most European economies belong to the latter.

Yes, we all need wealth, but wealth doesn't have to be concentrated among a few. Wealth will become more like wealth when it is distributed and enjoyed by many. Otherwise, that wealth is only a miser's treasure box.

A true Democracy does not exacerbate society injustice. A true Democracy does not suppress equal competition. Only sham democracy makes evil worse, worse than egalitarian Communist.

I find it extremely weird that some people here dont want to see a super rich guys in a developing country. what a bottle neck mentality, but hey thatz their belief and their doctrine to their future life. everyone in a country like India have equal rights and equal oppertunities hence its upto the individual to become whom he want. But in a dictatorship/communist regim/religious state, the case is different and that might be the reason 'chinapakistan' consider it as a 'sin'. Me, personally, get inspiration from such highly successful people and make me wanna be on that list one day, and thatz the spirit every one should carry.

Like someone said......there are two types of people on earth, those who allways sit down and and justify it, and those who fly away and set the bar high. I just saw both type on this thread!

As said, there shouldn’t a problem to have rich people. But there IS a problem to have super rich people in a poor country. If you don’t see the problem, you have bigger problem than I had expected.

Sympathy towards the unprivileged is a typical human character. Only animals eat the other to fatten themselves, leaving the carcasses behind in the bloody trail.

When the rich set higher bar for their bank account in a society of injustice and monopoly, more children of their own kind are condemned to perish due to malnutrition and negligence…
 
Last edited:
. .
Do you think Japanese economy is command one?

There are twist/monoply market economy and equal competition/anti-trust market economy.

Japanese and most European economies belong to the latter.

Yes, we all need wealth, but wealth doesn't have to be concentrated among a few. Wealth will become more like wealth when it is distributed and enjoyed by many. Otherwise, that wealth is only a miser's treasure box.

A true Democracy does not exacerbate society injustice. A true Democracy does not suppress equal competition. Only sham democracy makes evil worse, worse than egalitarian Communist.



As said, there shouldn’t a problem to have rich people. But there IS a problem to have super rich people in a poor country. If you don’t see the problem, you have bigger problem than I had expected.

Sympathy towards the unprivileged is a typical human character. Only animals eat the other to fatten themselves, leaving the carcasses behind in the bloody trail.

When the rich set higher bar for their bank account in a society of injustice and monopoly, more children of their own kind are condemned to perish due to malnutrition and negligence…

I agree that there are very few economics in the world that are command economies. Japan is a very different case. Japanese economy is very mature one. It has under present conditions reached almost its potential. There are very few avenues of growth left except for exports. In fact the Japanese economy has contracted last year by 5%. Being a matured economy, wealth has already been created and almost distributed. This should hold true for most of the advanced economies with out a healthy growth rate.

As India is a young economy, we are in the stage of wealth creation. In this stage wealth tends to get accumulate with those people who are either entrepreneur or high skilled ones. Mexico is another example. However, this may not be hold true for China, in spite of its economy being young, because of the different political dispensation at helm.
 
.
b8d7b5f327dedf3df340915ff34b2446.jpg


Mian Muhammad Mansha is at #937 place. :D

#937 Mian Muhammad Mansha - Forbes.com
 
.
Don't you think there is something essentially wrong with a society that has a person whose income is 30 billion dollars while 300 million of his countrymen live on less than 365 dollars in a year? This is nothing to be proud about. We should be ashamed. In fact this kind of stat kind of makes me sick.
 
.
Don't you think there is something essentially wrong with a society that has a person whose income is 30 billion dollars while 300 million of his countrymen live on less than 365 dollars in a year? This is nothing to be proud about. We should be ashamed. In fact this kind of stat kind of makes me sick.

Then you shouldn't be on this computer since millions in India don't even have food let alone a computer. You should donate it to somebody needy. Also you shouldn't work cause that'll make you richer than them. Aren't you ashamed???

Its much easier saying things like that. Doing them takes the heart. A big one at that.
 
. .
Don't you think there is something essentially wrong with a society that has a person whose income is 30 billion dollars while 300 million of his countrymen live on less than 365 dollars in a year? This is nothing to be proud about. We should be ashamed. In fact this kind of stat kind of makes me sick.

The society would have been wrong if these millionaires would have earned this money from the poor people. But this is not the case here. They are bringing money into India. Lower class is reaching middle class stage. These people are not stealing poor people's money. All their wealth comes from foreign investments and exports.

The $30 billion you are talking about his personal wealth. He would have done business worth 100s of billions to earn that much. Considering he doesn't own the company, there are shareholders too who earned a big part of money. And the shareholders are none other than people like me ad you. If he earned $30 billion for himself, he also earned $40-50 billion for us and 100s of billions of dollars that he spent on staff and employees.

Things are a lot more complex than you think.
 
.
There are more Chinese then Indians in number of Billionare list.
They are not just in top 10.

If you talk about Li Ka-shing (No. 14) and those in Hong Kong, they are NOT shameful as Hongkong is a pretty developed region.

If I’m not wrong, the highest Chinese from mainland in the list ranks 103. So, yes, they are shameful but much less shameful than Indian top billionaire dogs: because 1) China has three time more per capita GDP than India, so they are 3 times less shameful in this aspect; 2) the Chinese are low in the rank, so they are perhaps 10 times less shameful in this aspect.

Does that make sense?
 
.
Ratan Tata is not in the list of the richest Indians. Has he donated all his assets? It is a fact about 66% share of capital of Tata Sons is held by different philanthropic trusts endowed by members of Tata family.
 
. .
looks ur still in a basic process of learning programming next time wen u hv learned more try using somr methods and polymorphism too ,it wil look good and show some chinese intelligence:lol:

:lol:Is it necessary to use somr methods or polymorphism to write a simple pseudocode about a simple indian troller logic???:eek: Or you even cannt use a simple and easy understanding way to write a pseudocode of a simple logic. You seem a fresh in SW engineering like using complex way to implement a simple logic, it is bad. I would glad to tell you something: simple and easy understanding is one of the most important sector of a pseudocode.:D
 
. .
Don't you think there is something essentially wrong with a society that has a person whose income is 30 billion dollars while 300 million of his countrymen live on less than 365 dollars in a year? This is nothing to be proud about. We should be ashamed. In fact this kind of stat kind of makes me sick.

Totally agree with you. I tried explain this to some indian members. But they failed to get my point. I dont know why they are considering huge povertry gap is a good thing to a country.:blink:
 
.

Latest posts

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom