The wealth of these 2 tycoons has increased due to the increase in their companies stock price. This is a notional wealth. Tomorrow if the stock markets crash will the media say that the Ambanis and adanis have made huge losses and have become poorer.
Typical DOOMBERG. One-sided analysis. Super-wealthy, esp the ones who inherit their fortune are scorned all over the world, more so in Europe where citizens expect handouts from their governments and do not wish to work very hard. Same is tye situation, even more so in India. Everyone hankering for a govt job, zero accountability even if you do no work. And lot of easy money too!!.
The wealth of these 2 tycoons has increased due to the increase in their companies stock price. This is a notional wealth. Tomorrow if the stock markets crash will the media say that the Ambanis and adanis have made huge losses and have become poorer.
The wealth in question is based on stock market prices. Tomorrow if the stock market crashes, will the media say that these two have become poorer.
Typical DOOMBERG. One-sided analysis. Super-wealthy, esp the ones who inherit their fortune are scorned all over the world, more so in Europe where citizens expect handouts from their governments and do not wish to work very hard. Same is tye situation, even more so in India. Everyone hankering for a govt job, zero accountability even if you do no work. And lot of easy money too!!.